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may 1, 1962 - $32 Million in Debt

Description:

Henry Moyle, who led an expensive venture in the 1950s and 60s to build more meetinghouses to attract more converts, gets the Church super in debt and then convinces President McKay not to publish annual financial statements anymore.

Added to timeline:

History of The Church of Jesus Christ of Latter-day Saints

BySabrina Huyett
4 Jul 2021
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1279

Date:

may 1, 1962
Now
~ 63 years ago
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