# LCMS Convention Proceedings_St. Louis Missouri_1956_S688
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

688 FINANCIAL MATTERS

All securities are stored for safekeeping in the depository of
the Mercantile Trust Company of St. Louis and the Continental
Illinois National Bank & Trust Company of Chicago.

The Treasurer of Synod keeps accurate and complete records
of Synod’s Trust Funds, and all accounts are audited annually by
a certified public accountant appointed by the Board of Directors

of Synod. Boarp or TRuSTEES oF SyNonv’s Trust Funps

Ricuarp H. Watrke, Chairman
Joun A. SaverRMAN, Vice-Chairman
Dr. Jonn W. BEHNKEN

Watter H. ScHLuETER

C. H. Garsers

Wa ter H. KroEHNKE

THEODORE SCHROEDER

JoHN C. PRITZLAFF

Cnarves E. Groericu, Secretary

ACTION
Synod adopted the following resolution submitted by Com-
mittee 11:
Resolution 11
Subject: Report of the Board of Trustees of Synod’s Trust Funds

Wuenreas, The Report of the Board of Trustees of Synod’s Trust
Funds offers a full accounting of the assets of Synod’s Trust Funds
and their yield, Reserves for Investment Depreciation and also
Diversification of Investments; and

Whereas, The Board is capably carrying out its functions
according to regulations adopted by the Board of Directors which
offer safeguards for investing, conserving, and protecting Synod’s
Trust Funds; be it

Resolved, (a) That the report of the Board of Trustees of
Synod’s Trust Funds be adopted;

(b) That Synod hereby recognize the valuable service the
members of this Board freely render Synod.

A Report on “Building for Christ”

Within the past triennium the “Building for Christ” crusade
took place within our church. Many of you who are present here
today played an important part in this far-reaghing and history-
making crusade for the Savior.

“Building for Christ” had its origin in the Houston Synodical
Convention of 1953, which established a Survey and Findings
Committee to analyze the over-all financial needs of Synod. After

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