# LCMS Convention Proceedings_St. Louis Missouri_1950_S579
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 579

10. Charter of Synod. — The last convention passed a resolu-
tion (Proceedings, page 475) enabling the Board of Directors to
amend the charter of Synod or eventually obtain a new charter.
The need for such action did not arise during the triennium, but
we assume that the resolution is still in force. Such questions as
a new charter in Indiana and incorporation in Illinois are in the
hands of our attorney.

11. Synodical Office Building. — Partly because of the high cost
of building operations and because the money was more urgently
needed elsewhere, the interior arrangements in our downtown office
building in St. Louis were delayed. But because the growing need
for space in connection with the requirements of Concordia Pub-
lishing House made it quite imperative to complete the project,
and chiefly because of the advantage of having at least most of
the synodical departments together under one roof, the Board
decided to let the contracts for the interior office arrangements in
our building on South Broadway in the business section of St. Louis.
The offices for the Armed Services Commission and the Department
of Public Relations are to remain in Washington and New York,
respectively, at least for the present.

12. Voluntary Co-ordinating Council. — The Board of Directors
took the initiative in making arrangements that representatives of
the various synodically recognized agencies who expect support
from Synod at large will meet as necessary to discuss their plans
in order to avoid overlapping and friction in connection with the
collection of necessary funds.

Seminaries and Colleges

13. Under the rules as they obtain at present, the Board of
Directors gave considerable time to matters pertaining to the
physical equipment, repairs, and other building matters in con-
nection with our colleges and seminaries under consultation and
in conjunction with the Board for Higher Education, into whose
hands Synod has been giving increasingly greater responsibilities
in connection with our educational institutions. Action on such
matters, including particularly special items referred to the Board
of Directors and/or the Board for Higher Education, will be re-
flected in the reports of the various institutions and the report of
the Board for Higher Education. We assume that this will include
recommendations as to uniformity in the retirement provisions for
our professors.

14. The introduction of the new cost accounting system at our
institutions, which was agreed upon jointly by the two boards, is
being instituted gradually according to synodical resolution. (Pro-
ceedings, 1947, page 225.) .