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Line of Bank Credit

http://archives.anglican.ca/en/permalink/official3312
Date
1969 August
Source
General Synod. Minutes
Record Type
Resolution
Date
1969 August
Source
General Synod. Minutes
Record Type
Resolution
Mover
Mr. W.R. Kay
Seconder
Mr. G.A. Donald
Text
That approval be given to an application to the General Synod's bankers for a line of credit of $100,000 for general purposes, and, at the same time, that the authorized limit on borrowing by the Anglican Book Centre be reduced from $400,000 to $300,000. CARRIED in both Houses.
Subjects
Anglican Church of Canada - Finance
Anglican Book Centre - Finance
Less detail

Operation of the Anglican Book Centre

http://archives.anglican.ca/en/permalink/official3313
Date
1969 August
Source
General Synod. Minutes
Record Type
Resolution
Date
1969 August
Source
General Synod. Minutes
Record Type
Resolution
Mover
Mr. W.R. Kay
Seconder
Mr. G.A. Donald
Text
That, because of the substantial improvement in the 1968 operation of the Anglican Book Centre (a loss of $11,984 compared with a 1967 loss of $58,076), (a) General Synod, through its operating surplus account, absorb the accumulated December 31, 1968 deficit of the Anglican Book Centre amounting to $58,202; and (b) the Anglican Book Centre to continue in operation. CARRIED in both Houses.
Subjects
Anglican Book Centre
Anglican Book Centre - Finance
Anglican Church of Canada - Finance
Less detail