# LCMS Convention Proceedings_St. Louis Missouri_1950_S439
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

MISSIONS 439

years. The Secretary of Missions of Synod now has the duty
carrying on the correspondence of the Board, a task which he
ind his staff have undertaken and carried out faithfully, and the
joard expresses its satisfaction with, and its commendation for, the
Snsistently careful and painstaking activity of its executives,
Heretofore our regulations permitted us to lend to Districts
d to two synodical Mission Boards; we desire to ask Synod to
extend the borrowing power to the other synodical Mission Boards,
Fahd we therefore request Synod to pass the following or a similar
fesolution: Handbook, 8.113 — “Loans
“a. Loans shall be granted only to incorporated Districts, and
with the consent of the Board of Directors, to all synodical
Mission Boards. Each loan shall be made for a specific
congregation or mission station, and the merits of each
case shall justify the loan.”
In order to clarify a situation which arises when loans are
nade to, and money collected from, places in foreign countries,
Fwhose money value fluctuates when expressed in dollars, we ask
“synod to pass the following resolution:
“Resolved, That all loans to foreign countries be made in the
=‘coin of the realm’ of the respective country and the repayments
ikewise be made in the ‘coin of the realm’ of that country.”
‘The special committee appointed by the Board of Directors to
tudy matters pertaining to the financing of church extension
rojects urges the Church Extension Board “to study the best
rocedure of administering church extension funds and to encour-
f age and to assist the District Boards of Synod in the developmen:
- and promotion of the best methods of church extension.” Some oi
5. the Districts have developed excellent plans of self-help on a
istrict-wide and on a congregational level. Others have done very
ittle along this line. The Board hopes in future to become a clear-
: inghouse of ideas and to promote the entire program of church
- extension.
i Since all accounting and collecting is done through the Fiscal
ffice, the financial report of this Fund, required by Synod, will be

made by the Fiscal Office. Tue Cuurcy Exvension Boarp

Rev. Frepertc NiepNer, Chairman

THE CHurcH EXTENSION Boarp

. Rev. F. Niepwer, D. D., Chairman

: Rev. THeo. H. Roscuke, Vice-Chairman

Mr. W. O. Brauer, Secretary

| Mr. Watrer H. Krozunxe Mr. R.Barrns Mr. EvMeR FIscHER
* * *

’ Rev. F.C. STREUFERT, D. D., Exec. Secretary

E Rev. H. A. Mayer, Asst. Exec. Secretary