The Greek Progressive Club
Greek Star, Sept. 27, 1907
The Star takes great pleasure in publishing the financial report and balance sheet of a splendid Greek recreational and political organization known to the Chicago Greeks as the Greek Progressive Club.
The members of this organization have promoted and supported scores of educational and social projects in our community generously, willingly, and in a true spirit of patriotism. They never miss an opportunity to contribute and to offer every possible material and moral support to every worthy cause.
A comprehensive and somewhat detailed copy of the Club's treasury report follows:
Assets
Treasury: cash on hand | $ 25.99 |
Assets (continued)
Furniture and club property | $443.00 |
Office supplies | 15.50 |
$484.49 |
Liabilities
Total outstanding obligations | $394.49 |
Installments to Henry Piano Company | 90.00 |
$484.49 |
The above statement is the current or running account of the Club. An itemized statement of a typical annual account follows:
Assets
Initiation fee | $5.00 |
Contributions | 284.00 |
Club's album receipts | 253.92 |
Balance from previous accounts | $438.50 |
$981.42 |
Liabilities
Paid-up obligations | $476.57 |
Equipment, depreciation of club property and furniture | 110.36 |
Previous unreported debts | 394.49 |
$981.42 |
This remarkable and flourishing Greek club is worthy of special mention for its generous contributions to Greece. On November 15, 1906, $122.25 was sent to Greece for the Greek Navy fund; on August 17, 1907, $100.45 was sent for the same purpose; on February 27, 1907, $520.09 was sent to the Greek Government for the Greek National Defense Fund.
4We hope that this fine club will continue its patriotic, charitable, and useful activities in the future. Love, harmony, co-operation, and a high sense of responsibility for the welfare and interests of our community, serve to make the members of the Greek Progressive Club an influential group of men in our community and fatherland.
