5o and preserve files of all official correspondence belonging to his - - department. Hts books must be open to the inspection of any member of the Mission at any reasonable time. ·istimates and appropriations. 6. (a) At a meeting o · the ~ission to be held the second Tuesday of October of e:;ch year, the £1ission Treasurer shall prepare, 111ith the appro;val of the Jv~ission Superintendent ful estimate of the probable necessary expense of its wobk for the year beginning January 1st, following the date of meeting. It is especially desired that in recommending appropriations for new work, such as sending out of new missionaries, the purchase of property, erection of buildings. etc., the Mission shall indicate the order of their importance, (b) The Mission should accompany all requests for new property or new missionaries, with a br&ef and careful statement of the reasons for these requests, even though said reasons have been set forth in previous correspondence. (c) lhe estimates should indicate first what is needed for tne I work of the ensuing year, the amount ot to exceed the gran~ of the I , year preceeding that for which the estimate is made, and, secondly, if is r equired, how the Mission would spend the desired increase. (d) Any anticipated. income from rents of properties on the field shall be included within the annual Mission estimates of receipts on the field .• Any necessary expenditures for rent shall be a first charge against such income. (e) The estimate should be forwarded to the Business hanager of the Bible Institute of Los ngeles and be pressnted by him to its oard of Directors at its meeting the first Friday in December. Pending such action the Mission is authorized to proceed with all expenditures included under 1 0perating Expenses" and the business I-lana-er of the
Bible Institute of Los Angeles will remit accordingly; but the Mission
Made with FlippingBook Annual report