UA-R-GC-1914-01-01-1957-03-08_Page-041

The American University at Cairo Accounts in U.S.A. BALANCE SHEET - 31 AUGUST 1956 $15,698.07 Liabilities Account Notes Payable,Bank. . . . . • $3851000.004- Annuity Interest Payable. . . 78.58 Due Bursar: On past budgets . $100,537.31 War Emergency Fd. 17,289.60 117,826.91 Contributions, Specific Purposes: For Creswell Library 5,500.00 Chemistry Dept. 20.00 1956-57 500.00 Subn Prop.Devlpt 1,065.42 Wadad Habib. . . 1,300.00 8,385.42 511,290.91 Deficits, Budget. .$478,303.24 War Emergency Fd. . 17,289.60 495,592.8 Assets Cash on hand . . Income payable to 8/31, per Union National Bank, Pgh Refunds due on 1955-56 acct Deposit with TWA. . Cash . .$9,181.23 . • 5,994.00 . . 97.84 k25.00 It tt It It Investment Account General Endowment Funds. . . .$407,712.16 Lockhart Trust Fund. . . . . . 333,333.34 J W Walker Fund 126,592.38 Frederick Weyerhaeuser Fund. 75,002.18 40,000.00 50,860.49 10,000.00 7,900.00 4,864.62 7,227.55 $14107_396.85 Investments, book value. . . per Union National Bank,Pgh. See * below) Trust Funds: James H. and Florence D. Lockhart--. . • William E. Conroy , V*, . Invested in Subn Property. Advance for Subrr Property Deficit Account to 6/15/40. Uninvested Principal . . . • Wm E Conroy Trust Fund . . . . Anna R D Gillespie Fund for SOS McKinney Library Fund. .• Annuity Bonds Peter McCornack Fund . . Scholarship Funds Jos.Van Vleck Fd to Deficit A/c 3,047.44 Profit, Sale Securities,net. . 40,856,69 $1,1074396.85 $608,760.00 333,333.34 40,000.00 95,931.77 28,871.93 499.81 • • . . . Educational Plant Land, buildings & equipment at Cairo, 8/31/56. . . . . $766,435.77 Net Equity. . . . . . . . . . $766,435.77 Land and farm equipment near Cairo 8/31/56, . . . • • . Suburban Property Advances from Endowment Funds: $2262159.91 For land purchases $95,931.77 tt maintenance a/c deficit 28,871.93 Net Equity . . . . . . ... . 101,356.21 $226,159.91 $226t12).91 2/26/57 *Market value V (% . ,$1,1'70,67 on boot- value of $6l1,09 **Administered by Mellon, National Bank and Trust Company, Pittsburgh. .h.tx,,,r..414: '44 °2 o ` "‘