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5

RECEIPTS 1N2 was

Reoeipts:

Bank Balando, June 30, 1951 Rental

Bend Interest

Mortgage Interest

Mortgage Prinoipal

Bank Interest & Rebates

‘ l ort a es De ds Insuranoe Polioies and Bend Royal‘fian! exfegt the £1,600.00 Dominion Canada Bend hefd

as seourity.

7.22

2 0.00 612.50 89.00 50.00 1.16

”——

i3822.88

{ l

v

i

1

1 Payments: ; I‘ Building 1 (to bring cost to 15000.00)222.39{ Salaries, Bonus & adv. 3 5.00‘ Furniture for Studio 350.3% Repairs 38.8 :

Bank Loan Paid (not seoured) SOO°OOI Bank Loan Paid (Seoured) 1500.00: Sign fer Studio 15.00: Bank Interest 75.281 Tuning Piano 20.005 Taxes 167.22‘ Advertisement 3. 01 Rent h70.00’ Phone 28.62‘ Sundries 22.86; Kind. Supp. 19.25 Balanoe, Royal Bank -. v 53822.88? are in epoiit box at |

by the eya Bank

The five apartments were all rented and at same rates as in previous year, A new deviding fence between the ehuroh progerty

no vaoanoies and no arrears.

and our land was built by us and it was agreed that the ohuroh would pay toward the cost and this was dedueted from the rent for half year payable

June 30/52.

lith regard to Hort age loans.

60.00 '

I must suggest that loan to Hollis H. Jenkins

whioh natures on Deo. 23 52 be oalled in or reduoed or if oonttnued that rate or

interest be 6%.

I would also reoenmeld that loan to Erith Hughes be oalled or

reduoed oonsiderably when it natures on Feb. 6/53.