USA > Vermont > Chittenden County > Burlington > Minutes and reports of the 128th annual meeting of the Vermont Congregational Conference and the 150th annual meeting of the Vermont Domestic Missionary Society > Part 8
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S. Prof. S.
Vermont Domestic Missionary
Society
ANNUAL MEETING 1923
OFFICERS OF VERMONT DOMESTIC MISSIONARY SOCIETY
President-PROF. GEORGE H. PERKINS.
Vice-President-REV. THOMAS A. CARLSON.
Secretary-REV. WILLIAM F. FRAZIER. Secretary Emeritus-REV. CHARLES H. MERRILL.
Treasurer-CHARLES H. NEWELL
Auditor-JOHN C. CLARK.
Directors
At-Large-Term expires 1924, Wallace H. Gilpin, Bar- ton; Miss Margaret L. Johnson, Woodstock; Rev. Frank L. Goodspeed, Barre. Term Expires 1925, Herman W. Vaughn, Rutland; Rev. Mabel T. Winch, East Arlington; Philip T. H. Pierson, Bennington. Term Expires 1926, Levi P. Smith, Bur- lington ; Mrs. Paul D. Moody, Middlebury ; Miles S. Sawyer, Rutland.
Representing Associations : Term Expires 1924-Charles 1. Button, Middlebury ; Rev. James A. Lytle, Bradford; Rev. Hollis M. Bartlett, Jeffersonville; Rev. William A. McIntire, Danby ; Rev. William J. Ballou, Chester ; H. Gordon Woodruff, Montpelier ; Rev. Herbert P. Woodin, Brattleboro.
Term Expires 1925-Rev. Vincent Ravi-Booth, Benn- ington ; E. H. Cowles, St. Johnsbury ; F. E. McIntosh, Burling- ton; Rev. F. Wilson Day, Swanton; Rev. Fraser Metzger, Randolph; O. W. Locke, Orleans; Charles Tuxbury, Windsor.
Ex-Officiis-Mrs. E. D. Burditt, Rutland; Mrs. George S. Mills, Bennington; Arthur F, Stone, St. Johnsbury ; George H. Perkins, Burlington.
ANNUAL MEETING
The 105th Annual Meeting of the Vermont. Domestic Missionary Society was held in the First Congregational Church at Burlington, May 16, 1923, and was called to order by the Sec- retary, William F. Frazier. Rev. W. J. Ballou of Chester was elected President pro tem, and Rev. John C. Prince of Waterbury was appointed scribe.
The Treasurer's report presented by Charles H. Newell of St. Johnsbury was accepted and approved. (See Report).
Secretary William F. Frazier, presented the report of the Board of Directors of the Society. On motion of Rev. C. A. Adams it was voted to accept and adopt the report with ap- preciation for the work of the leadership of Secretary Frazier. (See Report).
Rev. F. B. Richards presented the report of the Com- mittee on Nominations. The report was accepted and adopted and the following officers elected :
President, Prof. George H. Perkins, Burlington; Vice- President, Rev. Thomas A. Carlson, Rutland; Auditor, John C. Clark, St. Johnsbury.
Representing Associations: Dr. Vincent Ravi-Booth, Bennington; E. H. Cowles, St. Johnsbury; F. E. McIntosh, Burlington ; Rev. H. Wilson Day, Swanton; Rev. Fraser Metz- ger, Randolph ; O. W. Locke, Orleans; Charles Tuxbury, Wind- sor.
Mr. H. Gordon Woodruff moved that Article IV. of the Constitution of the Vermont Domestic Missionary Society be amended to increase the number of Directors-at-Large from three to nine; that in 1923 three Directors-at-Large be elected for one year; three for two years and three for three years; and that in each subsequent year three be elected for three years ; and Directors-at-Large shall be eligible to one re-election and then for a period of one year shall be ineligible to election to the Board. The motion was unanimously carried.
76
VERMONT DOMESTIC MISSIONARY SOCIETY
A feature of the program was a symposium of ten-minute addresses on "The Church at Work" by Rev. C. O. Gill of Hart- land ; Rev. S. G. Wood of East Berkshire ; Rev. G. H. Dierlamm of Lowell and Eden; and Mr. Richard Smith of the University of Vermont, who has served as a summer supply in North Da- kota and is engaged for similar work in Vermont for this season.
"Two State-Wide Views" were presented by the Finan- cial Secretary James B. Sargent and the retiring Pastor-at-Large Andrew S. Bole.
Rev. F. B. Richards, Chairman, presented further nomi- nations of the Board of Directors for which provision was made by the amendment to the Constitution which was adopted this morning. The report was accepted and adopted and the fol- lowing person were elected :
Term Expires 1924-Wallace H. Gilpin, Barton; Miss Margaret L. Johnson, Woodstock; Rev. Frank L. Goodspeed, Barre. Term Expires 1925-Herman W. Vaughn, Rutland ; Rev. Mabel T. Winch, East Arlington; Philip T. H. Pierson, Bennington. Term Expires 1926-Levi P. Smith, Burlington ; Mrs. Paul D. Moody, Middlebury ; Miles S. Sawyer, Rutland.
The Annual Meeting was closed with prayer by Rev. E. S. Worcester of Bellows Falls and adjournment was declared by President Ballou.
Executive Committee
H. Gordon Woodruff, Mrs. E. D. Burditt, Rev. W. A. McIntire, Frank E. McIntosh, Charles I. Button.
Finance Committee
Levi P. Smith, Charles H. Newell, Miles S. Sawyer and H. Gordon Woodruff.
REPORT OF THE DIRECTORS OF THE VERMONT DOMESTIC MISSIONARY SOCIETY FOR THE CALENDAR YEAR 1922
The work of the Vermont Domestic Missionary Society has been carried forward during the past year with no change in its general policies. This report will deal, therefore, first with the financial history of the year and then proceed to discuss two of our most pressing problems.
Financial
1. Receipts
1922 $20,980.91
1921
From contributions
$21,699.72
From legacies
1,694.16
2,000.00
From interest
3,093.65
2,455.51
$25,768.72
$26,155.23
The contributions may be further analyzed as follows :
1922
1921
Churches and Individuals
(Less C. H. M. S. adjustment)
$12,942.00
$11,770.23
W. H. M. U.
3,337.91
3,259.92
Special against Deficit
4,701.00
2,032.44
Congregational World Movement
3,367.38
Special from Aided Churches
269.75
Special Contribution from one
individual toward salary of Financial Secretary
1,000.00
$20,980.91
$21,699.72
The contributions from the Woman's Home Missionary Union continues to add to the substantial gains made during the last two years. The Congregational World Movement account appears here for the last time and only as a memory. It is worthy of observation that the total receipts of the Society de- clined only $386.51 notwithstanding serious financial difficulties
78
VERMONT DOMESTIC MISSIONARY SOCIETY
among agriculturists at the time of the financial canvass in 1922 and the demoralization due to change of leadership in the middle of the year.
3. Expenditures.
For Church Work
1922 $ 8,501.77
1921 $11,690.18
Pastor-at-Large
2630.72
3,979.74
Salaries of Executive Officers
4,201.54
4,250.00
Expenses of Officers
Including Directors' meet-
ings ($183.66)
3,201.81
3,218.69
Financial Secretary
1,783.04
1,492.22
Vermont Missionary
180.03
136.53
Printing, Stationery and Minutes
218.40
90.65
Middlebury Convocation
Expenses of Men
286.27
264.93
Speakers
450.00
450.00
Commission on Missions
485.36
Other general expenses
304,54
696.99
$22,243.48
$26,269.93
The item "Other General Expenses" is made up as follows : General Theological Library $25.00; Treasurer's Bond $25.00; meetings for Evangelism $218.49; Insurance $23.63; and $12.42 accured interest on investments, and recording fees.
No part of this report has given the Board of Directors more satisfaction than the fact that the receipts were $3,345.24 in ex- cess of the expenditures.
The deficit is no more. This ghost is finally laid. The present demands are great and imperative but those of the fu- ture promise to be yet more exacting. No policy is sound for this society that mortgages tomorrow and the resolute and suc- cessful way in which Mr. Sargent grappled with the problem de- serves the highest commendation.
79
DIRECTORS' REPORT
Overhead
Every dollar of administrative expense in a benevolent or- ganization is justly on the defensive. Every effort is being made to reduce this overhead to the lowest possible amount com- patable with efficiency. Yet friends of the Society should re- member that while it pays for the maintenance of the Secretary's office nevertheless the Conference claims the major part of his time. There is little or no difference in his relation to the aided and to the self-supporting churches. His services are rarely tendered in any case unless they are requested. Not quite one- fourth of the churches of the state receive grants and it may therefore be assumed that not over one-fourth of the Secretary's time is given to them. Acting as an intermediary between churches that are seeking pastors and ministers who desire new fields, promoting the raising of the $130,000 apportioned the churches for the united benevolences, assisting local committees with the Association meetings, planning and conducting the Middlebury Convocation, participating in the evangelistic activ- ities of the churches-these are the principal duties of the Sec- retary and they are performed impartially for all churches and ministers in the state.
The Annuity Fund
The Board of Directors are concerned over the fact that a large proportion of the men serving the smaller churches of the state have not become members of the Annuity Fund. Inquiry has confirmed the suspicion that this is due to the size of the initial payment. Five Hundred Dollars has therefore been ap- propriated by this Society and an equal amount by the Fair - banks Board of Ministerial Relief. This money will be used to supplement what each man is able to do for himself ; and it is ex- pected that it will be sufficient to enable all men receiving $1200 or less annual salary to secure membership in the Fund.
Pastor-at-Large
Rev. A. S. Bole as Pastor-at-Large has given to the Congre- gational churches of this state four of the best years of his life.
80
VERMONT DOMESTIC MISSIONARY SOCIETY
His devotion to the interests of the churches and his willingness to be spent for their sake knew no bounds. I never knew him to hesitate because a duty was hard or disagreeable to perform. The illness which made it necessary for him to discontinue his work with the Society came upon him as wounds to a soldier while upon duty. He has earned for himself a place in the hearts of those with whom and for whom he has labored, that will not soon be forgotten. His robust common sense, his in- tegrity of purpose, his unselfish abandon, and his capacity for sincere friendships were the best possible qualifications for the work to which the Society called him.
Regarding the future, it has seemed best to the Board of Directors to dispense for a time with the services of a Pastor-at- Large, partly, perhaps, because they would not know just where to turn to find a successor to Mr. Bole but more, because in these trying times they desire to use every dollar possible for the strengthening of the resident ministry.
A Serious Problem
The most serious problem confronting Vermont Congrega- tionalism concerns the maintenance of the high intellectual and spiritual quality which has historically characterized its minis- try. Persistent search for men of the right sort together with a combination of most fortunate circumstances has brought us to the end of the Conference year with few distressing vacancies and with a number of splendid new men in our fellowship. Nevertheless we can not afford to shut our eyes to the fact that the situation as a whole is growing yearly more critical.
The greatest single difficulty experienced by the churches seeking pastors is the relatively meagre salaries paid in Vermont as compared to other states. With Vermont at the bottom of the New England states in this respect, New Hampshire comes second and Maine third ; but it would require a total increase of about $5000 in salaries paid Vermont ministers to equal the aver- age of the former while $15,000 addition would be necessary to equal the level of Maine. Something like $40,000 increase
81
DIRECTORS' REPORT
would be needed to reach the average prevailing among Con- gregational churches in the nation at large. It is evident that only in rare cases is Vermont likely to be able to secure New England men who are desired by any of our neighbors.
We had at one time during the past year over forty men settled as regular pastors whose income was $1200 or less. These men are in large part college and seminary graduates. They are men who have given long and faithful service and many of them must look in the natural course of human events to early retirement from the ministry. Who is to take their places? This is the concern of every Congregational church, large or small, in the state. We live or die together, for if these churches in the hill towns close the essential sources of the membership of the larger churches will be dried up and there will be such a brood of social, civic, and moral griefs as one cannot contemplate without dismay.
In the past a large number of excellent men came to us from the Canadian ministry. - These as a rule served an apprentice- ship in one of our smaller churches and then not infrequently were called to some of our best churches. Since the Methodist church of Canada has established a minimum salary of $1500 while the average in Vermont according to our last published figures is almost one hundred dollars less, it is obvious that in the future very few desirable men will be drawn from thence.
A visit to six seminaries from which men have come to us in former years shed more light upon the situation. For less than $1800 not a fully trained man whom his professors were ready to recommend could be found in any one of these institu- tions. Other states are calling these men directly from their 'studies at salaries as high as $2500.
Someone sadly regrets the commercialization of the ministry and the decline in the spirit of consecration among the youth. I must bear witness for these young men that the most profound appeal which can be made to them is to tell a simple story of human need. Never, I believe, have a finer or more conscien-
82
VERMONT DOMESTIC MISSIONARY SOCIETY
tious body of men been in preparation for the Christian ministry. Yet, when after my departure, other organizations appeared of- fering salaries 50% to 75% larger and telling of parishes with twice as large a constituency, one cannot be surprised that these young men cast their lot outside of this state.
It is not fair to accuse me in this connection with conducting a propaganda for the inflation of ministers' incomes. I am simply stating the most perplexing and alarming problem which presses for solution. Upon it, I am convinced, hangs the fate of Vermont Congregationalism. The ministry is the key to the situation in every community. We cannot proceed with an in- efficient, uneducated make-shift ministry.
Endowment
What is to be done? Some desire to retain in the home fields a larger proportion of the missionary monies. This must not be. In view of the present overwhelming burdens and strain under which our national societies are laboring it would be shameful to divert to ourselves a dollar of our annual gifts to missions. Moreover, do what it will for itself, the church that cuts off its missionary giving has signed its own death warrant. "If ye have not the spirit of Christ, ye are none of his"; and the spirit of Christ is sacrificial.
There is another way. We can build a permanent fund, the income from which may be used to undergird this work at every critical point. This may be done by bequests left to this Society for particular churches. The will of Miss Harriet S. Haseltine which was probated last year contained gifts of $7500, the income from which was to be used at the discretion of the Board of Di- rectors for religious work in the town of Wardsboro. Where people are interested in communities whose need for aid is likely to be permanent, this is an excellent plan. There are, however, many communities which have no friends to remember them in this manner; and there are others which ought to receive only temporary assistance. Persons who wish their gifts to accom- plish the maximum good cannot do better than to leave substan-
83
DIRECTORS' REPORT
tial bequests to this Society to be used anywhere in the state at the discretion of the Board of Directors. We must create such a strategic reserve.
A still better plan, however, is to give to the Society at once such funds as one has intended to convey by bequest and re- ceive a generous annuity therefrom during the rest of one's life. This avoids the possibility of involving the Society in a legal contest ; it saves the administrator's expenses ; it provides a safe and handsome return upon the principal during life and one Ver- monter who has made such gifts in considerable amounts to sev- eral of our societies declares that he has never made an invest- ment that brought him so much pleasure. Are there not a hun- dred men and women in this state who could at once make on this annuity basis gifts of from $1,000 to $10,000 each. This would put us immediately in the way of dealing effectually with the whole perplexing situation.
Respectfully submitted in behalf of the Directors
WM. F. FRAZIER Secretary
ANNUAL REPORT OF PASTOR-AT-LARGE
Within the past Conference year the activities of the pastor- at-large have included a brief term of service as Acting Secretary in the interim between the departure of Mr. Merrill for Illinois and the taking up of the work of the present Secretary; the selection, engagement, and supervision of men for leadership in our summer field work; arranging for and effecting the disband- ment of churches having a name to live, but which were dead; at Plainfield, Calais, Worcester, Burke Hollow, Ripton and Lei- cester ; in the case of Alburg Springs local co-operation, securing and preparing the way for Chancery Court proceedings which under the direction of Judge Button resulted in the transfer of the church property to the V. D. M. S. and the disbanding of the church by order of the Court; arranging for the disposition of church building at Weston, whereby it has been taken over by a local community betterment society to be utilized for a public hall and community house ; making an extended missionary tour of our aided churches for purposes of friendly council and co- operative planning.
In carrying out this program and meeting other engage- ments too numerous to catalogue, including preaching appoint- ments, committee meetings and friendly calls, lay and ministerial, in the interest of church and Kingdom, I managed to travel ap- proximately twelve thousand miles in a Ford.
Early in the month of December, while in the performance of his duties, the pastor-at-large had the misfortune to experience a partial break down. While it did not seem at the time su serious, it necessitated his taking a leave of absence from his work. This was voluntarily granted him by the Board of Di- rectors, who magnanimously continued him under full pay dur- ing the whole period of his retirement. To Secretary Frazier for his kindly insistence on medical attention and friendly visits during the writer's stay at the hospital, he owes sincere grati- tude and loyal acknowledgment ; while to the Board of Directors for generous provision and sincere expressions of good will, he owes more than he can ever hope to repay.
He is profoundly thankful for recovery so far complete as to warrant the hope that at the termination of his relation to the
85
ANNUAL REPORT OF PASTOR-AT-LARGE
State Work he may be able once more to take up the duties of a settled pastorate.
He recognizes fully that resumption of the pastor-at-large work by him would be giving hostages to fate.
Of the decision of Secretary Frazier and the Board of Di- rectors to abolish the office of pastor-at-large, it is not forhim to express an individual judgment ; but he is very sure that both the Secretary and the Board have acted in this matter in the sincere conviction that under all the circumstances this is the best and wisest course. This decision in no way personally affects the status of the retiring pastor-at-large since he could not, in any event, have continued in this work.
In concluding this report and with it, his happy relation to the Vermont Domestic Missionary Society, the pastor-at-large desires to record the abounding joy and deep satisfaction which his four years of service in our State organization has given him.
It has been for him a rare privilege and unfailing source of inspiration to have been associated with Mr. Merrill's visionful leadership during the years of its progress and achievement. Of our present leader, Mr. Frazier, he wishes to record absolute faith in the sincere and unselfish devotion to the work and lead- ership that is his. Having known him far less intimately, the writer yet believes that Mr. Frazier is making good in a leader- ship of which we may all be justly proud.
In a final and farewell word may I say that wherever duty calls me to serve, whether in Vermont, whose green mountains and staunch people I so dearly love ; or in a humble place outside its borders, I shall ever hark back in fondest memory to these four years of busy work and enlarging vision as the best and happiest years of my life. It is great to be alive in these won- derful days and I seek to face the future with courage and hope and deepening faith. I would ever strive for the retention of a spirit unsoured by life's reverses, and it is my ambition if I must grow old, to do so gracefully in the unshaken faith that "the best is yet to be."
ANDREW S. BOLE
A TABULAR VIEW OF AIDED CHURCHES FROM JANUARY 1 1922, TO JANUARY 1, 1923
Benev.
Rem'd
Aid Pledged
Months of Service
By Confession
By Letter
Dismissed
Resident Members
Male Members
Non-Resident
Av. Congregation
Home Missions
Other Objects
FIELDS
MISSIONARIES
3
$105
3
0
0
0
1
5
11
$ 3
$ 10
Arlington, East
Mabel T. Winch
12
94
12
2
2
0
0
67
29
23
86
35
162
Bakersfield
William C. Clark
12
100
12
0
0
0
0
72
34
32
65
41
252
Barre, East
James Ramage
12
250
12
0
0
0
0
51
13
12
50
45
27
98
Bridgewater
Miles E. Bacon
12
208
9
9
0
4
1
44
14
18
50
108
75
5
Charleston, East
George H. Dierlamm
12
400
12
0
0
2
0
59
24
24
38
105
19
61
Clarendon
John O. Long
3
117
3
9
2
0
0
42
10
9
4
4
42
45
7
9
Fair Haven, Welsh
John David Owen
12
175
12
1
0
2
63
20
8
31
28
10
Granby
Faith Schultz
3
81
3
0
0
0
7
0
1 31
15
44
139
26
102
12
Hartland
Charles O. Gill
12
650
12
0
0
0
39
19
22
40
97
22
178
13
Highgate Center
R. H. Boring
3
75
3
3
0
0
1
21
16
18
20
22
110
14
Hyde Park, North
David P. Hatch
12
60
5
2
3
1
1
4
0
38
5
31
42
14
47
16
Lyndon
Robert Clark
12
150
12
0
1
1
0
56
12
10
90
18
108
17
Marlboro
Henry H. Shaw
12
100
12
0
6
1
0
0
2
35
9
6
32
35
7
24
19
Newbury, West
H. DuBois
12
400
9
2
0
7
1
25
18
18
34
40
21
41
20
Peru
Clarence C. Lyon
12
250
12
1
0
1
)
41
18
6
9
6
13
3
19
22
Randolph, 1st, Center Ivor S. Williams
12
300
7
0
0
1
0
64
42
37
80
66
251
23
Roxbury
Frank C. Wright
12
408
12
6
0
0
1
44
15
3
51
30
16
73
24
Rutland Swed., Ctr.
12
50
12
4
0
0
0
48
20
0
25
0
0
25
St. Johnsbury 1st, Center
12
150
12
2
3
2
2
50
18
18
80
33
79
26
Sharon
Ivor S. Williams
12
100
-1
0
0
3
0
42
29
26
18
75
27
Sherburne
J. S. Cornett
12
316
12
2
2
0
1
22
6
4
36
63
14
89
29
Sudbury
Ellis Crossley
12
150
12
9
5
1
2
42
17
15
47
19
56
30
Townshend, West
, George H. Damon Almon C. Dodge
12
310
9
0
0
0
0
23
20
24
36
20
13
48
31
Vershire
Howard L. Brown
12
400
12
3
2
1
2
40
21
17
80
109
46
432
32
West Fairlee Center Arthur H. Sargent
12
400
10
0
0
0
30
8
6
32
25
21
72
34
Westmore
Theophilus H. Root
12
500
12
1
2
1
1
1
2
85
55
35
121
41
391
36
Windham
Eugene B. TreFethren
12
200
12
1
1
0
0
15
11
24
25
43 20
0
1
97
Woodbury, South
Edward C. Sargent
12
67
6
1
0
2
2
10
9
17
22
10 19
5
7
24
15
Londonderry
E. M. Ellinwood
12
400
12
1
1
17
9
10
22
16
3
4
18
Marshfield
Arthur Brotherston
12
600
10
0
0
0
0
2
21
Plymouth, Tyson
Isabel Ewen
3
286
3
4
0
0
0
0
13
9
10
40
5
19
28
Stockbridge, Gaysville
Frances S. Walkley
12
160
10
5
1
0
3
87
46
36
32
41
19
84
6
8
19
48
37
11
Guildhall
George B. Marsh
12
275
12
9
0
2
0
14
Eden
Kenneth D. Beckwith
12
260
3
1
0
5
9
40
"No. in S. S.
1 2 3 4 5 6 7 8 82949 Number
Andover-Simonsville
A. S. Putnam
b .. Length of Comm'n
Added
4
Died
0 0
18
17
13
34
31
98
35 Weybridge
Samuel H. Barnum
12
75
12
5
29
107
69
0
81
0
0
29
8
13
9
0
31
41
24
Charles Swanson
Miles G. Tupper
4
25
33
Warren
TREASURER'S REPORT
, Charles H. Newell, Treasurer In Account with Vermont Domestic Missionary Society Year Ending December 31, 1922 DR.
Cash on hand January 1, 1922
$ 232.34
Churches
15,261.15
W. H. M. U.
3,337.91
Deficit Fund
4,701.00
Refund
10.00
C. H. M. S.
1,261.35
Interest
5,615.69
Legacies
1,694.16
Memorial Fund, Orrin and Martha Hubbard
25.00
Trust Funds
3,805.00
Vermont Missionary :
Subscriptions
$551.55
W. H. M. U.
66.73
W. B. M.
33.37
651.65
Investments Paid
10,850.00
$47,445.25
CR.
Churches Aided :
Grant
$ 6610.30
Dollar for Dollar.
893.72
Itinerant
497.75
Salaries:
Secretary Emeritus
1,000.00
Secretary
2,951.54
Treasurer
250.00
Officers' Expenses:
Directors' Meetings
183.66
Travel of Secretary
746.64
Office Supplies and Miscellaneous Expenses Secretary
232.49
Telephone and Telegraph of Secretaries
215.12
Postage
197.70
Office Rent
232.50
Stenography and Clerical Help for Secretary
1,043.70
Pastor at Large: Salary
1,800.00
88
VERMONT DOMESTIC MISSIONARY SOCIETY
Expense
830.72
Financial Secretary :
Salary
1,291.66
Expense
491.38
General Expense:
Printing
218.40
Middlebury Convocation Speakers and Arrangements
450.00
Middlebury Convocation, Expense of Men
286.27
Drawing Expense Account of Secretary
350.00
General Theological Library
25.00
Vermont Missionary
839.00
Evangelism
218.49
Westmore
500.00
Interest Paid on Trust Funds
2,522.04
Funds Invested
18,000.00
C. H. M. S. Adjustment of Percentage
3,580.50
Treasurer's Bond
25.00
Insurance
23.63
Paid Commission on Missions
485.36
Paid Accrued Interest on Investments
8.67
Advertising, Recording Fees and Revenue Stamp
3.75
Cash on hand
440.26
$47,445.25
Statement of Securities of The Vermont Domestic Missionary Society January 1, 1923
MORTGAGES
Par.
Market and Book Value $ 6,000.00
A. P. Bratt
H. B. Whelps
6,500.00
6,500.00
Columbia Land Investment Co.
2,000.00
2,000.00
Iva A. Norbury
5,000.00
5,000.00
G. B. Stark
3,000.00
3,000.00
A. M. Gore
6,000.00
6,000.00
A. C. Reis
4,000.00
4,000.00
Frank W. Miller
1,400.00
1,400.00
Thos. J. Brunner
2,500.00
2,500.00
L. B. Piper
2,500.00
2,500.00
Josie Colvin
2,000.00
2,000.00
W. M. Taylor
6,400.00
: : 6,400.00
Value $ 6,000.00
89
TREASURER'S REPORT
J. W. C. Smith
1,000.00
1,000.00
Mozel V. Smith
3,000.00
3,000.00
Alfred J. Printz
2,500.00
2,500.00
Laura E. Snead
2,500.00
2,500.00
Joseph S. Barnett
3,000.00
3,000.00
E. R. Amend
1,700.00
1,700.00
$61,000.00 $61,000.00
BONDS
U. S. Liberty 4th
$ 2,000.00
$ 1,976.60
American Telephone and Telegraph Co. Conv.
2,000.00
2,320.00
New York, New Haven & Hartford R. R. Co. 6%
2,000.00
1,400.00
Western Union 41/2%
2,000.00
1,600.00
Ogdensburg & Lake Champlain R. R. Co. 4%
1,000.00
800.00
Northern Pacific 6%
2,000.00
2,180.00
Rutland Canadian 4%
1,000.00
800.00
Imperial Russian Government 61/2%
3,000.00
450.00
St. Louis Transit Co.
1,000.00
650.00
$16,000.00 $12,176.60
STOCKS
Par. Value
Market and Book Value
31 Shares Penn. R. R. Co.
$ 1,550.00
$ 1,449.25
20 Shares N. Y., N. H. & Hartford R. R. Co.
2,000.00
420.00
10 Shares U. S. Steel Pfd.
1,000.00
1,218.75
20 Shares Moline Scale Pfd.
2,000.00
2,000.00
16 General Elec.
1,600.00
2,920.00
8 Shares General Elec. Special
80.00
94.00
5 Shares E. & T. Fairbanks & Co., Ltd.
500.00
500.00
16 Shares Farr Alpaca Co.
1,600.00
2,960.00
9 Shares First National Bank, St. Johnsbury
900.00
810.00
33 Shares Fairbanks Morse Co.
3,300.00
3,135.00
28 Shares Conn. & Passumpsic River R. R. Co.
2,800.00
1,960.00
$17,330.00
$17,467.00
Personal Notes
200.00
200.00
Savings Account Citizens Savings Bank & Trust Co. 9,500.00
9,500.00
Savings Account Citizens Savings Bank & Trust Co. 560.00
560.00
Checking Account Citizens Savings Bank & Trust Co. 440.26
440.26
Total Securities
$105,030.26 $101,343.86
90
VERMONT DOMESTIC MISSIONARY SOCIETY
FUNDS
Memorial Funds:
Emma Taft Fund
$ 500.00
Rev. C. W. Thompson
1,900.00
Orrin and Martha Hubbard
200.00
--
$ 2,600.00
Annuity Fund
4,500.00
Trust Funds
55,667.00
Permanent Fund
8,000.00
General Fund
30,576.86
$101,343.86
CHURCHES AND SOCIETIES ENDOWED WITH TRUST FUNDS
Barnet, Emeline H. Wallace Fund
$ 225.00
Barre, Foreign Work (foreign born) Mrs. Emma Taft
200.00
Benson, Juliaetta Kent Fund
200.00
Brookfield, 1st
700.00
Calais, East, Albert Dwinell
500.00
Colchester, Deacon Farrand
500.00
Colchester, Parsonage Fund
1,500.00
Corinth Center, C. M. Page
500.00
Corinth East, C. M. Page
500.00
Eden, Ben B. Blake
1,000.00
Essex Center, S. G. Butler
400.00
Essex Center, L. C. Butler
500.00
Ferrisburg, Trustees of Congregational Society
1,101.00
Guildhall, C. D. Crawford
1,000.00
Guildhall, Chas. H. Schoff
2,700.00
Guildhall, Congregational Church Society
300.00
Jericho, 1st, Adelia B. Harris
950.00
Marlboro, Delia Wilder
500.00
Marshfield, Lyman Clark
1,000.00
Milton, Polly Carey and Marion Ward
5,000.00
Milton, Polly Carey
1,000.00
Montgomery Center, Mary A. Paine
750.00
Newfane, Delia Wilder
500.00
Orange, Parsonage Fund
675.00
Pittsfield, 1st, Josiah Babcock
700.00
Pittsfield, 1st, Harriet Babcock
2,000.00
Poultney, East
2,006.00
Roxbury, Parsonage Fund
600.00
91
TREASURER'S REPORT
Saxton's River, Deacon Warner
3,000.00
Sharon, Edward K. Baxter
1,500.00
Sharon, Mr. and Mrs. J. Henry Marsh Memorial
200.00
Townshend, West, Mary E. Taft
1,000.00
Townshend, West, Chas. N. Pierce
200.00
Townshend, West, Parsonage Fund
600.00
Tunbridge, Susan L. Jones
1,000.00
Weathersfield Bow, Charles Jarvis
1,900.00
West Fairlee Center, Centennial Fund
125.00
West Fairlee Center, Wilde Fund
125.00
West Fairlee Center, Kimball
50.00
West Fairlee Center, Sothworth Fund
1,000.00
Westfield, William A. Richardson
13,500.00
Westfield, Betsey Stebbins
500.00
Westfield, Deacon Albert Partridge
800.00
Weston, Sarah A. Sprague
500.00
Weston, Parsonage
500.00
Weston, C. P. Heald
100.00
Martha A. Durkee Fund
1,560.00
$55,667.00
This is to certify that I have this day examined the books and ac- counts of Charles H. Newell, Treasurer of the Vermont Domestic Mis- sionary Society, and find them correct with proper vouchers for each expenditure, and the securities as listed, and find the balance of Four Hundred Forty Dollars and Twenty-six Cents ($440.26) in the hands of the Treasurer.
Signed :
J. C. CLARK, Auditor
St. Johnsbury, Vt., May 12, 1923.
FORMS OF BEQUEST
I give and bequeath to the "Vermont Congrega- tional Conference" incorporated in 1872, the sum of $
[Signed]
I give and bequeath to the "Vermont Domestic Missionary Society," incorporated in 1872, the sum of $ to be applied to the char- itable uses and purposes of said society. [Signed]
In making devices and legacies for. the above corporations, care should be taken to use the entire corporate name, as follows :- "Ver- mont Congregational Conference," "Vermont Domestic Missionary Society."
The HF Group Indiana Plant 076158 E 33 00
11/10/2006
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