# LCMS Convention Proceedings_St. Louis Missouri_1944_S762
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

178

PROPOSED SYNODICAL HANDBOOK

F. The Board of Directors, in consultation with the
respective boards, commissions, and committees, shall
work toward uniformity in matters of the remunera-
tion and conditions of employment of all employees of
Synod and its various agencies whose salaries or wages
are not fixed by Synod.

G. The Board of Directors shall determine the
amount of the bond to be furnished by all officers of
Synod in fiduciary capacities, The premium shall be
paid by Synod.

S.H. 37ff. Proc., 1938, 209

H. The Board of Directors shall have charge of all
of Synod’s real and personal property and shall hold
and manage such property in accordance with the in-
structions of Synod.

I. The Board of Directors shall in accordance with
the instructions of Synod authorize the erection of any
building on property owned or controlled by Synod
or permit the purchase of any property only when the
entire sum necessary for such building or property has
been paid into the treasury of Synod.

J. The Board of Directors shal] pass on all plans
submitted by boards of Synod for new buildings and
remodeling of old buildings. It shall approve the loca-
tion of any building erected on property belonging -
to Synod.

K. The Board of Directors shall consider all requests
for the establishment of new institutions, relocation of
old institutions, and appropriations for new buildings,
extensive remodeling, or the purchase of additional
property, and submit its recommendations to Synod.
Whenever Synod has made appropriations for any of
the above-mentioned purposes, the Board shall direct
that these resolutions be carried out and shall deter-
mine the order in which this shall be done.

L. The Board of Directors shall be authorized and
empowered to sell, barter, exchange, or trade any real
or personal property not adjacent to, or a part of, an
of Synod’s college or seminary properties of whic
Synod may find itself possessed and which real estate
or personal property in the opinion of the Board of
Directors would be of no direct use or benefit to Synod
in the pursuit of its constitutional objectives, at such
price or consideration and upon such terms and condi-
tions as in the opinion of the Board of Directors would
best serve the interest of Synod.

M. The Board of Directors may erect or purchase
the necessary professors’ residences and may borrow
the money to pay for them. The interest and principal
shall be repaid with the moneys which would ordi-
narily be expended for rentals,

N. The Board of Directors shall be held responsible
for the repairs, maintenance, and minor improvements
of Synod’s property.

O. The Board of Directors shall maintain an inven-
tory of all property of Synod.