Excerpt from 50th Anniversary: Hayes Barton Baptist Church, Raleigh, North Carolina, November 7-25, 1976 The church, like the rest of the nation, faced the grim economic problems of the Depression. During Dr. Gaines's ministry the church adopted a Unified Budget System in an effort to stabilize the church's financial situation. Prior to December of 1931 the Sunday School's finances had been kept separate from the rest of the church's budget, with the Sunday School collecting and dispensing its funds independently. Also, there had previously been no plan for paying off the large debt incurred by the church's construction, and the church had done little each year but pay off the interest on the bor rowed money. Oh November 5, 1933, Dr. Carl M. Townsend, formerly pastor of the First Baptist Church, Campbellsburg, Kentucky, became the third pastor at Hayes Barton. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.