Speedway Flyer, Volume 5, Number 25, Indianapolis, Marion County, 22 May 1936 — Page 4

■ - CHURCH BUILDING FUND A page dodicatod to paying tho uortgago indobtodnos.s on tho Connunity’s Church. HERE’S SOME GOOD NEWS Lust wook v/o told you that tho building fund connittoQ had subnittod a proposal to tho Railroadnon’s Building and Loan Co. urging a a substantial reduction in tho church building dobt in view of tho church debt boing paid" off tbi* yeas „Tho connittoo can now announce that this proposal has boon accepted. Tho church dobt was $4860 at tho boginning of this year, To this anount S3OO would bo.duo in intorost during tho year, Now hero’s tho good nows» Tho dobt has boon reduced to $3500.22 In addition to this, tho intorost will bo deducted for this year. This ncans that wo only nood $3500 to wipo oift tho f uortgago indebtedness on tho church. It is tho intention of the connittoo, that in keeping with tho original proposal to tho Loan Co., this anount shall bo raised and paid during 1936, It can bo done, Tho connittoo has already negotiated, a saving of $13'60 on tho principal and S3OO on tho interest Now wo nust all do our part and clear this dobt t this year, in order to wipe out tho idobtpdnoss conplotoly,’ BUILDING FUND COIILIITTEE John Leonard Bob Hann Chas. Turner Arthur Beeler Howard Wilson Howard Andorson Watch this page for noro nows next wook.