FINANCIAL STATEMENT
August 1, 1919 to August 1, 1926.
Conclusion of Seven Years of San Antonio’s Service as National Headquarters. RECEIPTS
San Antonio:
Memberships --------------- -.........
* Personal Contribution of Harral Ayres
$19,512.24
53,200.00
Texas memberships exclusive of San Antonio .......................——...................................
Louisiana memberships (including New Orleans convention subscriptions of $2561.45) --------------------
Mississippi memberships ----------------------------------------------  —...-..........................
Alabama memberships ----------------------- -.........................  -------------------------------
Florida memberships -----------------------------------------------------------------------------------
Western memberships, El Paso to San Diego................................................    :---------
(The West has not aided the OST administration; henceforth they will be asked to pay their part)
Sundry receipts ---------------------------------------------------------------------------------------
Advertising receipts for service maps and travelogs--------------------------------------------------- _
$ 72,712.24 23,156.12 10,075.95 3,305.00 6,501.45
360.00
250.00
417.41
6,712.98
$123,491.15
DISBURSEMENTS
*Paid to Managing Director on salary account since August 1, 1919.....................................
*Salary contributed by the Managing Director------------------------------------------—...............
Office and field employees’ salaries and expenses. (Includes office expenses, rent, furniture, field expenses
and route marking) -------------------------------------------------------------------------------
General expenses. (Includes traveling of executive officials and miscellaneous general items)---------
Printing and Publicity________________________________________________________________________________
Conventions and sundry activities_____________________________________________________________________
Cash balance August 1, 1926___________________________________________________________________________
$ 8,050.00 53,200.00
37,304.89
11,674.50
7,106.73
6,041.70
113.33
$123,491.15
•Because of lack of income and the needs of the project the salary as shown above has been contributed by the Managing Director in tlie interest of the work. I-Iarral Ayres was requested by the San Antonio Chamber of Commerce in August 1010 to undertake the development of a national highway from Florida to California after an interstate conference at Houston where San Antonio was asked to assume the national leadership. He lias given his full time since then. It was agreed his salary should be the same as the manager of the San Antonio Chamber of Commerce for the responsibilities are as important. A report of the seven years work just published in the Year Book shows how much has been accomplished.
A statement of the Lincoln Highway, a project of the same age and importance as the Old Spanish Trail, shows they have spent $000,000 for administration and have raised $410,000 additional ns aid to construction in poor sections.
NATIONAL HEADQUARTERS EXECUTIVE BOARD
KENNETH WIMER, Cliairmnu. President Wimer-Ricliardsou & Co., Investment Bankers.
LEON N. WALTHALL, Treasurer, President Walthall Music Company.
I-IARRAL AYRES, Managing Director, Old Spanish Trail Association.
WERNER N. BECKMANN, Counsel, Birkliead, Lang & Beckmann, Attorneys.