Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1912-01-30

interests Of the Association. four
years having passed since the sub
Scription was originally given.
The amounts unpaid now total:
Unpaid Subscriptions 81 500
Notes $500
Location Sub. I.715
Total 21.775
OF this we ought To collect $1,000
this year. In 1911 we collected
sl2050.60 on subscriptions and $3.50
on location subscription-total $1,000
There is appended hereto the finan-
cial statement of the General Sec
rotary for 1871 and the trial balance
Of the treasurer from May >. 1907 g.
Dec. 20. 1871
The mortgage loan for S35. 600 from
the Security Savings Bank of Los
Angeles dated Feb. Sth. 1911 runs
for five years at 6l2 per cent inter
est semi-annually Last July. $4,000
was paid from collections leaving
100000 now due. ON the Sth of next
month S975.00 interest will he due
and We have the funds in sight with
which TO meet il promptly.
For current expenses we borrowed
Sept. 25th 1911, from the Valley.
Union and Phoenix Banks on three
months note-Sl5O0 at per cent.
due Dec 25th. which remains unpaid.
hut will be paid At an early day from
membership dues and renewals.
The Future.
Statehood with its new opportun-
tiles for work. its inevitable and ra-
rid growth in population bringing
larger responsibilities and the early
development Of great railroad cen
ter here in the capital city OF Ariz-
cna; will all combine To demand Of
this Christian institution a broader
vision; 4 clearer understanding Of
the needs of such an important field:
Il kCencr sense of what this Y VI. G
4. stands for and what il may be as
an uplift, 4 power for good in the
community, in character building.
manhood. and civic righteousness
All this will be demanded Of MS
and in 50 far as we fail To meet this
demand, just to that extent will we
fail To rise to the magnificent OPP
rortunity which now confronts and
invites us
Association Building Corps
1t would not be right 10 close this
report without reference to the faith
full workers who have Loyalty cooper
ated with The directors and the gen
eral secretary At the association build
ing.
There has been little or no friction
\ willing spirit has always been evil
dent and the work well performed
The duties and responsibilities of
the general secretary have been con-
slant and called for no little tact and
executive ability. The house organ
ization which has grown up under him
is efficient and well able TO handle a
greatly enlarged membership.
To you. my fellow directors, my
heart goes out with gratitude How
rarely can president truthfully say,
as | say now. that during the last
twelve months, and ! might as well say
the last three years. not a discOrdant
strain, not ripple of inharmOny. not
an unkind criticism. no friction Of any
kind has attended or been heard of at
any one Of the numerous meetings |
which we have held for counsel or for |
official action. True there have been
differences of opinion, sharply defined |
at times, but Christian courtesy and
the golden rule have always prevailed |
in the past and | am confident the 1
same viii be true of the coming year. |
For nearly five years we have labored /
together. With this experience and |
with Gods help. we ought in the flu |
ture to be able to achieve greater re- |
suits in this wonderfully promising !
field, for the young men of Phoenix, |
and for the Kingdom of Righteous !
ness.
Phoenix, Arizona, Jan. ., 1912.
Report of Receipts, Disbursements
and Claims, Due and Unpaid,
From March 10th to Dec.
31st 1911