# LCMS Convention Proceedings_St. Louis Missouri_1956_S257
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

sete

Bs ats tei MR

iachenenemmemmemmemeneee es

nent nett prem ret 84 a pp ame eraney

256 SEMINARIES AND COLLEGES

conditions indicate that such action is in the best interests of
Synod;

7. That the Board for Higher Education be instructed to report
on the effect of this policy to the 1959 convention.

Capital Funds and Outlay

A review of the history of the plant development of Synod’s
educational institutions indicates that Synod’s past practice has
been characterized by a restricted definition of program and plant
as the institutions have developed. Most capital funds have been
provided by extraordinary special collections of Synod or by
District offerings or occasionally by individual effort. Sometimes
synodical funds have been used to match funds otherwise derived.
As a means of avoiding capital debt as a menace to the future
stability of the institution, or collectively of Synod itself, Synod
has insisted that the funds for major capital improvements be
fully in hand so that construction could not proceed more rapidly
than full funds were available for its financing. Generally there
was no funding, accounting, or operating distinction between the
educational and general plant on the one hand and the auxiliary
plant on the other. In fact, quite commonly, auxiliary plant needs
tended to receive higher priority for synodical grants than those
for educational and general plant needs. Synod’s institutions were
hardly expected to derive direct income from the facilities pro-
vided, except in times of economic stress, when the permissive
encouragement of general enrollments was occasionally introduced
at the threat of the attainment of the primary objectives for which
Synod established or took over the institutions.

The recent rapid growth in professional and preprofessional
enrollments and the decline of general-student enrollment, com-
pounded with the prospects for needed larger enrollments, leads
your Board for Higher Education to gather and to recommend the
adoption of the following principles as a governing basis regarding
capital funds and capital outlay.

Synod recognizes that the Purposes for which new capital
funds are necessary are these:

A. To acquire an adequate and suitable campus.

B. To protect or enlarge the perimeter of the campus.

C. To rehabilitate and replace obsolete buildings and equip-
ment.

D. To improve buildings and equipment.

E. To construct new buildings and equipment.

Capital outlay needs are to be determined on the principle of
balanced development, and capital outlay needs are to be dis-

tin
ple

tio
pri

sy)
pre

dor
qué

ere
rep

Sy1

pri:

Syr

. aux

row
mig
or

way
thai
fror

are

floa:
able
tutic
inco
ager
Pub
inte:
com