Reformed Presbyterian Minutes of Synod 1929

REFORMED PRESBYTERIAN CHURCH 125Less advances made for missionaries:Rev. C. E. Caskey 30.40Blanche McCrea 4.25Held as follows:At Brown Brothers & Co $ 31,622.04*At Bank of North America &Trust Co. 1,658.36At Central National Bank 1,903.05includes $15,893.67 deposited May 6, 1929.34.65$ 35,183.45$ 35,183.45THE BOARD OF CHURCH ERECTIONIt is with deep and grateful recognition of the good hand ofour God upon us in our work throughout the past year, that wesubmit this report to Synod. We have earnestly endeavored toadminister the work of this Board, so as to best serve the interestsof the whole Church in building up the walls of Zion. OurBoard meetings are held alternately between • Philadelphia andNew York. Peace and harmony prevail in our midst. Our watchwordis "Cooperation". We stand ready at all times to extendneeded financialaid, within the limits of our treasury, to thosecongregations making application after first having made anhonest effort to help themselves. A loan was granted to theSelma, Alabama, congreg-ation to make much needed repairs ontheir church building. A communication from J. M. Johnston indicatesthat this loan was much appreciated by the colored brethren,and greatly encouraged them to go forward. This loan wasgranted on condition that they put forth every effort to raisethe pastor's salary in full; and that the congregation raise itsshare of Synod's budget as they have heretofore. A loan wasalso granted to the Orlando congregation to clear their newchurch building of debt.We received no appropriation from the budget last year, andwe have asked for no appropriation this coming year. A yearago we had on hand a balance in our treasury of a little oyer$4100. This year after carrying on the work as usual, makingdisbursements as the needs seem to require, we still have a balanceof over $4000.00 in the treasury.The sources of our income this past year may be itemized ingeneral as follows:From repayments on the principals of loans made tovarious congregations in the past year $ 900.00From invested funds 848.40From contributions over and above the budget 10,63Adding to this the balance on hand last year 4,117.06Makes our total receipts for the year .-. $5,876.09