# LCMS Convention Proceedings_St. Louis Missouri_1950_S946
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

248 SEMINARIES AND COLLEGES

assigned task with diligence and discretion, as is evidenced by. the
fact that requests totaling $1,077,000 were deferred and othe;
requests totaling $551,425 were declined; and ak
Wuereas, Avoiding a future increase of the mounting back] P
in our construction program is obviously necessary and constitutes.

also good stewardship; and

Wurreas, The Board for Higher Education has carried out :

Resolved, That we recommend for adoption the sum of:
$3,164,432 to undertake and complete the program which is divide
as follows (refer to pages 243-246): ;

1. Approved Building and Ground (Col. 1) ww. $2,922,230.00
2. Approved Equipment (Col. 2) 107,500.00
3. Minor Items Immediately Urgent (Col. 6) 134,702.00

—__

Total Requested $3,164,432.00 -

Nore. — Col, 7, Reorganization Costs, $270,000, was adopted unde?
Section A, Resolution 2 of Committee 1.

NEED FOR FUNDS VOTED BUT NOT COLLECTED

As to the uncompleted “Building for Tomorrow Collection,
Committee 1 brought in a resolution, which was adopted in the
following form:

: Resolution 5 :

Wuerzas, The “Building for Tomorrow” collection failed by
approximately $700,000 of attaining the projected goal of
$2,050,000; and °

Wuereas, All the available funds have been tentatively allo-
cated by Synod’s Board of Directors to three of our terminal insti

tutions, which were confronted with a situation that assumed the
aspect of crisis; and

Wuereas, Five of our preparatory schools had to be denied é
the funds which were contemplated for them in the “Building
for Tomorrow” effort; and -