# LCMS Convention Proceedings_St. Louis Missouri_1953_S1022 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 252 SEMINARIES AND COLLEGES _ Recommends, finally, that the following sentenc the close of the current statement: “All elections , be Added after . be con. - are to ducted with due regard for the welfare of other institut; ‘ ONS or of other agencies of Synod.” The revised Section 6.117 will then read: Proposed by the President or as amended by we. afte. igh y r mutual consent with the electors as the ca . se ma qualified for the Position to be filled, or the Board of oe” ‘01 shal] i ACTION pon recommendation of Committee 1 Synod resoly d ed: w Resolution 42 apponnne* The basic changes that govern the election and appoln ent of faculty Personnel to teaching or administrate. post ms in Synod’s colleges and seminaries, as approved b ee convention, have been found to be generally acceptabl y the e; WHEREAS, One statement as it now appears in this section ot the Handbook (6.117) mandates the electors to call “that perso; n best qualified for the position to be filled”; and Wuenreas, A literal application of this mandate may be to the detriment of the work of the Church as it is being carried on. in other areas; therefore be it Resolved, That the recomme i Fi ndation of the Board f i Education be made the basis for a new wording of Section bi ad as follows: “The election 2 . n i objections to any, there shall be elected from the list of ‘candidates os anally Proposed by the President or as amended by him r mi consent with the electors, as th, person best qualified for the ition to ed, or the Bosd af Position to be Control shall be requested by the electors eae the cei : wii ‘Nore: Cf. action on 6.51 b. SEMINARIES AND COLLEGES Advancing Instructors, etc. Handbook Section 6.129 new Section 6.129 should be added on advancing instructors assistant professors and on transferring associate professors “es professors from one institution to another if Synod adopts the endations of the Board made in another section of this ACTION ; Reserve Contingency Fund wR Handbook Section 6.145 c ; 7 The experience of your Board with the administration of Paragraph c of this provision shows that the estimate of 25 per cent for a reserve to cover contingencies in thig area is unnecessarily high. It is apparent, also, that very wide fluctuations in the require- ments in this area occur from year to year. Since the experience of an entire century clearly indicates the wisdom of accumulating some funds to meet larger emergency demands without exceeding the budget for the year, your Board believes, also, that the provisions incorporated in the additional Paragraphs d and e will contribute to Synod’s welfare. Accordingly, in order to reduce the mandatory reserve, to clarify the procedure, and to specify the administration of these funds, the Board for Higher Education ~ , 7 Recommends that Paragraph c of Section 6.145 be deleted and _ that the following be substituted as Paragraph c: “In its budget, the Board for Higher Education shall include a reserve for con- tingencies in repair, remodeling, and minor capital replacements. This fund shall approximate 15 per cent of the total included in the budget for all institutions. , “d. If Synod has met its budget in any given year, the funds remaining in this contingency repair fund at the close of the fiscal year shall be accumulated from year to year as a reserve for major remodeling or minor capital improvements. This fund shall be administered by the Board for Higher Education in the same manner prescribed for all other sections of the subsidy budget assigned to the educational institutions. “e, Whenever accumulated funds exceed one third of the total allocation for maintenance and repair for a given fiscal year, the . excess shall become a part of the regular allocation to institutions for maintenance and repair in the following year and shall reduce, to that extent, the amounts which must be drawn from the budgeted funds of the fiscal year involved.”