# LCMS Convention Proceedings_St. Louis Missouri_1947_S417
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

MISSIONS 417

In 1946, 44 applications were reviewed by the Board, and the
sum requested in these applications was $487,500. Just half of
these requests were granted, the total amount lent out being
$165,000. It should be added that a number of requests received
and considered in 1946 were not acted upon until the early part
of 1947, so that a considerable number of these 44 requests have
since the end of 1946 been given favorable action.

In addition to these sums that were lent out from Synod’s
Church Extension Fund, there were seven grants of a different
nature. These were made from the Wartime Conservation Fund,
which was under the control of the Planning Council. However,
the Church Extension Board was called on for its approval of
the grants. These grants were made under an agreement that
the District in which the loan was made and the Church Extension
Board are to decide upon the final disposition of the loan. The
total of these wartime loans during the three years was $31,000.

The Church Extension Board, in its meetings, busied itself with
these requests and, in addition, had many other matters of im-
portance to consider, such as the refinancing of older loans, the
sale of certain properties, the exchange of securities where such
an exchange appeared to be an advantage to Synod, the discussion
of policy, and so on.

Repayments on loans have been made in gratifying amounts,
and a large number of older accounts, some of which had been
considered almost hopeless, have been repaid and taken off Synod’s
books. Credit is given to the Fiscal Office for determined help in
effecting these payments.

The Church Extension Board again enjoyed the presence and
counsel of Dr. Streufert, the Secretary of Missions, at many of the
meetings.

For a number of years there has been a repeated desire for
closer co-operation between the Church Extension Board and the
Home Mission Board of Synod. We have had such co-operation
through the presence of Dr. Streufert at our meetings. We have
had, and still have, the conviction that the work of church extension
can be carried on the best way through the procedure used now.
However, there may be several overtures presented to Synod for
consideration tending toward an amalgamation of the two boards
or some other plan. We believe that this work will have to be
done by a separate board anyway, because it would not be feasible
to add it to the already crowded agenda of the Home Mission Board.
If there is to be a subcommittee, there might as well be a separate
board. These contentjons are not prompted by a desire to perpetu-
Proceedings, 1947 27