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General Conference Bulletin, vol. 4

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    FINANCIAL STATEMENT MICHIGAN SANITARIUM AND BENEVOLENT ASSOCIATION

    Resources.
    Real Estate $279,974 87
    Personal Property 133,795 97
    Notes Receivable 36,170 36
    Accounts Receivable 67,786 90
    Cash on hand 2,232 51
    $519,960 61
    Liabilities.
    Deposits with Treasurer $23,572 30
    Accounts Payable 28,461 67
    Clark Endowment Fund 5,000 00
    Notes Payable 185,413 93
    Pr’s’nt W’th 1900 $262,764 59
    Net Gain 14,748 12
    Present worth Jan. 1,1901 277,512 71
    $519,960 61
    Number of patients
    receiving treatment during
    the year,
    3,248
    Number of Patients
    receiving free treatment and
    charity,
    1,028
    Amount expended in charity $ 29,347 16
    TREASURER’S REPORT.
    Cash on hand Jan. 1, 1900 $ 8,714 83
    Amount received on deposit
    during the year
    384,607 48
    Amount received,
    Sanitarium funds
    523,663,76
    $916,986 07
    Amount paid, Sanitarium
    expense
    $538,705 33
    Amount paid on Deposits 376,048 23
    Cash on hand 2,232 51
    $916,986 07
    I certify to the above statement being true and correct.
    R. H. CADWALADER, Auditor.

    J. H. Kellogg: Are there any objections to this report? We have had the reports printed, that it might be placed in your hands for examination.GCB April 9, 1901, page 140.1

    On motion, duly supported, the report was accepted.GCB April 9, 1901, page 140.2

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