UA-R-GC-1914-01-01-1917-08-07_Page-004

~1 August 7, 1917. RECEIPTS: General Contributions (102 payments) $155,571.37 Interest 3,81 7.91 Maturing bonds r,nd interest 2,219.14 Special to be transmitted to Stewardship Incorporated 1,500.00 Total Receipts $163,118.42 DISBURSEMENTS: Building fund at Cairo $ 85,000.00 Travel in connection with land purchase 3,148.64 Investments 54,479.78 Current Expenditures 12,480.62 Special transmitted to Stewardship Incorporated. 1,500.00 Total Disbursements $156,609.04 BALANCE IN BANK on Aug. 4,1917 $ 6, 509.38 List of Securities held by Cairo Christian University Nov. 12,1915 Paving Bonds of City of Cedar Falls, Iowa. Nov. 18, 1915 $5,000 Anglo-French 5% 1920 Bonds at 98 and interest. Jan. 17, 1916 $5,000 Lake Shore & Michigan Southern Ref. 3 1997 Bonds at 85 and interest. $5,000 Pennsylvania R. R. Consolidated 4% 1948 Bonds at 99 and interest. Aug. 14,1916, $10,000 Broadway Surface R. R. First Mte. 5% 1914 Bonds at 102. Dec. 4, 1916.$25,000 United Kingdom of Great Britain & Ireland 5% 1918 Bonds at 98 3/4 and interest. Mr. Innes presented the following supplementary statehient regard-ing contributions of Stewardship Incorporated. Supplementary Contributors (to Aug. 11, 1917. ) In April, 1914, a number of men who were far-sighted enough to realize that if an undertaking of such far reaching consequences as a University in Egypt was to be brought sufficiently before the Christian community of America., it was going to require a considerably larger fund for its promotion than perhaps all of those who would make contributions directly to it would realize. Therefore, these men said that they would definitely pledge forty thousand dollars for promotion purposes. Of this amount pledged some $19,950 has been paid in, leaving $20,050 on these pledges unpaid. The list of these donors, together with their pledges and contributions is presented herewith to the Recording Sec-retary. In addition to this, there are others who also said that they would wish to make contributions for pro,:iotion. These contributors have paid in $1,164.95. So that, in all, $21,114.95 has already been paid in as a fund for the promotion of the University and so.ae $20,050 yet remains unpaid on pledges for this purpose. Dr. Watson was requested to express to Stewardship Incorporate