Unitarian Church Seeks Mortgage on Dwelling House

American Unitarian Association

The board of directors of the American Unitarian Association held their regular meeting at 25 Beacon Street on Tuesday, Sept 12. 1916.

Archivist: Omitted meeting minutes prior to this section.

Mr. H. S. Cole, treasurer of the Unitarian church of Atlanta, Ga., was invited to appear and address the board upon the present situation confronting that society, after which the board passed the following votes:

Voted, Upon payment of the present indebtedness of the Unitarian church of Atlanta, Ga., to the American Unitarian Association and upon release of the present obligation of the American Unitarian Association to make further loans to said Unitarian church of Atlanta under vote of Sept. 12, 1916, and in the discretion of the president and secretary, to convey to the Unitarian church of Atlanta that portion of the premises now held by the American Unitarian Association on which the dwelling-house stands adjoining the church in Atlanta, to enable the Unitarian church of Atlanta to place a mortgage of $5,000 upon the premises upon the undertaking of the Unitarian church of Atlanta to pay off said mortgage to the extent of $1,000 with the proceeds of the present building pledges or other substitutes therefor, and to the extent of $1,050 by organ recitals or other entertainments, and thereafter to pay off the balance in installments from funds received for current expenses.

Voted, That the president, Samuel A. Eliot, and the treasurer, Henry M. Williams, be and hereby are authorized on behalf of the American Unitarian Association to make conveyance of certain real estate in Atlanta, Ga., adjoining but not including the premises occupied by the Unitarian church building, to the Unitarian church of Atlanta, to permit the Unitarian church in Atlanta to place a mortgage on the same, and thereafter to re-convey the equity of redemption to the American Unitarian Association to hold upon the same terms as at present; and to execute, acknowledge, and deliver any deeds or other instruments necessary to accomplish such conveyance.

Archivist: Omitted meeting minutes after this section.

Source: The Christian Register found in Google Books, Vol. 95, No. 39, Sep 28, 1916, Page: 21 (933)

Posted in Christian Register, Other Documents, Unitarian Church of Atlanta

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