# LCMS Convention Proceedings_St. Louis Missouri_1950_S1239
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

756 FINANCIAL MATTERS

Debits
8. 1947 — Grants to Station KFUO, 1947 __ $ 10,000.00
9. Grants to Negro Mission Church
msion __ ae 25,000.00

10. Deposit for Laymen’s Retirement

Fund __ ae _ 50,000.00
11. Operating Deficit, 1947

(Exh. C, Line 11) 00. 239,121.90
12. 1948 — Payment in 1948 Applying to 1947

Budget 3,700.90
13. Grant to Station KFUO, 1948 ____ 18,000.00
14. Settlement of Accident Claims __ 4,298.00
15. 1949 — Adjustment of Item in 1948 Budget 250.00
16. Transferred to Negro Missions to

Offset an Overdraft of 1948 10,549.48
17. Total Debits _
18. Balance, January 31, 1950 (Exh. P, Line 36)

L. POSTWAR RESERVE
1. Balance, January 31, 1947 __.
Debits

2. Operating Deficit, 1948 (Exh.C, Line 11) $ 106,603.62
3. Refund of an Overpayment _.- 1.15
4. Operating Deficit, 1949 (Exh.C, Line 11) 163,596.70
5. Total Debits —
6. Balance, January 31, 1950 (Exh. P, Line 40)

M. INSURANCE RESERVE
1, Balance, January 31, 1947 _..

Receipts

_ 2. Budget Appropriation, 1947 _... $ 25,000.00
3. Budget Appropriation, 1948 25,000.00
4, Budget Appropriation, 1949 25,000.00
5. Total Appropriations 200
6. Interest on Investments, 1947 _.._.._. $ 616.05
7. Interest on Investments, 1948 1,238.55
8. Interest on Investments, 1949 1,894.51
9. Total Interest Earned 0

Disbursements

10. Seward, Storm Damage, 1947 ___...._ $ 1,074.00

11. Seward, Storm Damage, 1949 _... _ 240.31

12. Total Disbursements
13. Balance, January 31, 1950 (Exh. P, Line 63)