Salt Lake Herald-Republican | 1900-04-16 | Page 8 | Church Now out of Debt

CHURCH NOW NE OUT OT Of DEBT SHOWING BY FT PRESBYTERIANS Statement of Collections and Rd Dis Disbursements Por For the te Year Yea Ending Endig March 31 Frank Fank Pierce chairman chirman of the finance committee and W F Colton Colon Colon treasur treasurer er of the First Presbyterian church have issued a statement which shows that organizations organization to o be in a flourishing I condition condlon The members member and friends frends i of the church will wl be glad lad to know that the institution is out of debt Collections from all aU sources during the year ending March Mach 31 were 25 and disbursements aggregated 6 leaving a balance on hand March h 31 of In summarizing Ier Pierce Perce and ad Colton Colon say sy The Te total receipts from subscriptions subscriptions to the debt fund were and after paying the notes note of the church and interest amounting to 8 there here remained which was wa on May 11 U l 1899 paid into the cur current current rent fund for the payment of the old deficit overdraft of March 31 1899 and other liabilities labite and it will wi be observed that with wih a deficit of only at the I beginning of ot this church year the I church is practically of debt I The Te pastor and officers congratulate i ithe the congregation on aD the showing made mae i in the above statement and it is evi evident dent that a united and contributing force such as this church represents we should be b able to carry forward the future work of the church without em embarrassment I or deficit