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Handbook, 1909
			

                       A. M. E. Church.                     25

moral and social. It should associate with every great con-
vention of the world's Sunday School workers.


        THE SOCIETY OF CHURCH EXTENSION.
  Rev. B. F. Watson, D. D., Secretary of this office reported to the
Board, March 31, 1909:
  Total Receipts, for the year 1908--9 ..............  $ 28422.85
  Balance from 1908 ...................................  17636.36
  Grand Total Receipts to March 31, 1909 ............    46059.21
  Disbursements ......................................   32230.02

  Balance to March 31, 1909 .........................   $13829.19
  Liabilities  ........................................   8382.00
  Cash over liabilities ............. $  5447.19
  Total assets .....................   317661.85
  Liabilities .......................     8382.00

  Assets over liabilities ...........  30,9279.85
                        Assets in Realty.
  Total property valuation ............................ $119700.00
  Office furnishings ............... $  500.00
  Twenty shares stock A. M. E. Book
     Concern  ......................    500.00
  Loans and Interest ............... 183132.66
  Balance in cash ................... 13829.19

                                   $197961.85
 Grand total ..........................................317661.85
 Total liabilities ....................................  8382.00

  Assets over liabilities ........................... $309279.85
  Our churches and ministers of all grades who borrow
money from this Department and straightway forget or
disregard their obligations are simply striking a deadly
blow at the Church's financial life. Those Annual Con-
ference boards that demand new loans for churches in their
territory but do not undertake to enforce the collection of
moneys to pay either interest or principal due the General
Board should reflect on how much more like children
than like men they are acting. Our local churches must




			
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OHS/National Afro-American Museum & Cultural Center Pamphlet Collection

Handbook, 1909


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