Greetings to you in the name of our Lord Jesus Christ:
It is our continuing desire to build a house of worship for our small congregation in Wyckoff, New Jersey. Since we have obtained permission from our synod to ask again our sister churches to hold a collection in their midst for our building fund, we considered it proper to report to you on our progress. As we reported in the church news column of the Standard Bearer some time ago, we experienced considerable difficulty in obtaining a building permit for our church building because of the current Opposition to the building of churches in Wyckoff. By the grace of God, however, this long struggle that lasted almost two years was brought to a conclusion. We now have the final approval to proceed with our plans.
During the past year we have been busy working on our parsonage performing some necessary repairs. Our parsonage now looks very nice, with new overhangs on the eves and gables, new aluminum siding, new shingles on the roof, and new windows. The funds for this project were raised through the sale of debentures in our own congregation. Most of the labor was done on a voluntary basis on Saturdays.
We are now at the stage where we are seeking to raise the necessary funds for our church building. The total cost of the whole project, including the purchase price of the property, the repairs to the parsonage, and the estimated cost of the proposed church building will be $287,000.00. This is a very large sum of money, especially for a congregation as small as ours. We are very thankful to God for the large sums of money that we could raise from our own congregation. A total of $87,000.00 was raised through the sale of debentures exclusively to our own members. In addition to this, $36,000.00 has been pledged toward our church building by our members. We are still in need of $164,000.00. We appeal to all interested parties to purchase bonds from us to raise this money.
It must be understood that the reason why our church building is going to cost so much is largely due to the fact that we live in a very high cost area and in an area where there are many regulations for building, which tends to drive up the cost. Our proposed church building is a very modest 30′ x 51′ wood frame structure with a seating capacity of 120.
You will find our bonds advertised in this same Standard Bearer. We realize that the interest we offer is very low and that the maturity of the bonds is unusually long. Because of our circumstances, should we offer higher interest or shorter maturity for our bonds we would make this whole project financially impossible for us. In offering our bonds, therefore, we are asking people to make considerable sacrifice of investment. If we were merely a business corporation, we know that it would be utter folly to think that, there would be buyers for bonds such as we offer. Because of the cause that we represent and the purpose for which we desire a building, we humbly ask you to consider helping us.
We have drawn up a prospectus which gives all the details concerning our bonds. We invite you to write for it.
Covenant Prot. Ref. Church,
Wyckoff, New Jersey
(by Rev. Arie den Hartog)