# LCMS Convention Proceedings_St. Louis Missouri_1947_S587
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 587

een Committee 14 also brought in a resolution, as follows:
; HEREAS, By the grace of God our Church is celebrating her
sntennial during the present year; and

Wuereas, Our Church has unanimously decided that a thank-
‘offering shall be gathered during the Centennial year to enable
‘the Church to accelerate her progress of expansion as she stands
Fs pon the threshold of the second century; and

> Wuereas, The members of our Church are now in the process
of bringing this thankoffering to the Lord; therefore be it

Resolved,

. 1. That we thank God for the truly generous participation

in the Centennial Thankoffering that has been noted among many

“individuals and congregations; and

; 2. That Synod urge all its members, clergy and laity, who have
not yet shared in this common privilege and responsibility, to

co-operate fully in this necessary extension program of our

‘Church; and

3. That the remaining months of 1947 be used for a concerted

‘- effort to attain the established goal.

ACTION
Synod adopted this resolution.

With respect to point 11 in Memorial 801, pertaining to the
synodical office building, Committee 11 reported:

Wuereas, Synod in 1944 authorized the expenditure of $200,000
for the procurement of a synodical office building; and

Wuereas, A building has been purchased for the sum of
$125,000, which building, however, is in need of extensive altera-
tions; therefore be it

Resolved, That we appropriate $200,000 for the remodeling
of this building to supplement the $75,000 remaining from the

revious appropriation.
P Pprop ACTION

This resolution was adopted by Synod.

Concerning point 19, referring to the Insurance Reserve Fund,
the following report of Committee 11 was adopted by Synod:
Wuereas, It would be sound financial practice for our Synod
- to set up a Reserve Fund in lieu of insuring our synodical build-
ings; therefore be it

Resolved, That the establishing of such a fund by the Board
of Directors be approved and that the Board be directed to con-
tinue to set aside for this purpose $25,000 annually in the budget
for the next three years. ‘

be SPOR: MAAR SRE BEGET PRE CENT TIO IIE Ae 2