# LCMS Convention Proceedings_St. Louis Missouri_1953_S457
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS 457

f the new amendments to the Social Security Statutes,
{ting the inclusion of lay workers of churches. The Board
sthe following resolution: “Inasmuch as all lay employees of
are covered under the Lay Retirement Plan as now written,
sequently the contributions to the plan should be made as
‘ded therein, and that several colleges are not now making
full contribution, it was resolved that this situation be per-
to continue until the Houston Convention and to ask Synod
the plan by authorizing exclusion.”

College Matters

Matters pertaining to our educational institutions were
attention at every meeting of the Board of Directors. All
atters will be covered by the report of the Board for Higher

Mission Matters

#9. Much time was spent in every meeting of the Board to con-
financial requests pertaining to our various missions. These
will be presented as the Mission Boards make their reports
od.

Constitutional Matters

. The Retirement Plan for Lay Employees, formerly in the
dbook under Sections 10.61 to 10.93, was, with the approval of
mmittee on Constitutional Matters, removed from the Hand-
since these regulations are of interest to a small group only
often be changed.

As to the regulations for the Department of Social Welfare,
S ction 13 of this report. ;

23. Owing to the urgency of an enlarged and intensified pro-
relief, the Board of Directors felt constrained to add addi-
members to the Board for Relief. They are the Rev. E. T.
Messrs. Wm. Fenske and Alfred T. Wilson. We recom-
that Section 9.61 of the Handbook be amended so that six
of three members be appointed to this board, three pastors
ee laymen.

«:We recommend that it be made a matter of policy for
that all property paid for by Synod should be taken in the
of Synod under its corporate title, except in cases where the
to be acquired is to be purchased for the use and benefit
ary or college which has been separately incorporated
lomestic corporation under the synodical resolution of 1935
which corporation the present real estate holdings have
nveyed with the necessary reversionary clause.

The 1950 convention of Synod had before it an amendment
d by the Board of Support and Pensions, reading as follows: