FINANCIAL STATEMENT MICHIGAN SANITARIUM AND BENEVOLENT ASSOCIATION

Resources. Real Estate $279,974 87 Personal Property 133,795 97 Notes Receivable 36,170 36 Accounts Receivable 67,786 90 Cash on hand 2,232 51 $519,960 61 Liabilities. Deposits with Treasurer $23,572 30 Accounts Payable 28,461 67 Clark Endowment Fund 5,000 00 Notes Payable 185,413 93 Pr’s’nt W’th 1900 $262,764 59 Net Gain 14,748 12 Present worth Jan. 1,1901 277,512 71 $519,960 61 Number of patients
receiving treatment during
the year, 3,248 Number of Patients
receiving free treatment and
charity, 1,028 Amount expended in charity $ 29,347 16

TREASURER’S REPORT. Cash on hand Jan. 1, 1900 $ 8,714 83 Amount received on deposit
during the year 384,607 48 Amount received,
Sanitarium funds 523,663,76 $916,986 07 Amount paid, Sanitarium
expense $538,705 33 Amount paid on Deposits 376,048 23 Cash on hand 2,232 51 $916,986 07 I certify to the above statement being true and correct. R. H. CADWALADER, Auditor.

J. H. Kellogg: Are there any objections to this report? We have had the reports printed, that it might be placed in your hands for examination.GCB April 9, 1901, page 140.1

On motion, duly supported, the report was accepted.GCB April 9, 1901, page 140.2