# LCMS Convention Proceedings_St. Louis Missouri_1956_S695
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

paella Ans meester mete

FINANCIAL MATTERS 695

Wuereas, Such designated funds which are made by members
of our church are a tribute to their faith and tangible fruits of
their Christian love; and

Whereas, Such gestures of Christian faith made by our mem-
bers, both living and deceased, have enabled our beloved church
to extend the Lord’s kingdom in excess of the appropriations of
our normal budget; and

Wuereas, Our colleges and seminaries would by such gifts of
love be materially aided in extending, expanding, and improving
their programs; therefore be it

Resolved, That this fine Christian practice be commended to
our synodical membership through the publications of our church
and that our Districts be encouraged to release this information
through their District periodicals.

Resolution 16

Subject: Change in Bylaws Section 2.79 i

Wuereas, Section 2.79i of the Bylaws of Synod’s Constitution
is as follows: “The Board of Directors shall in accordance with
the instructions of Synod authorize the erection of any building
on property owned or controlled by Synod or permit the purchase
of any property only when the entire sum necessary for such
building or property has been paid into the treasury of Synod”;
therefore be it

Resolved, That the Bylaws to the Constitution of The Lutheran
Church — Missouri Synod be amended by the following addendum
to Section 2.79 i in the Handbook as follows:

“However, Synod in convention assembled, recognizing that
emergencies may arise, may authorize the Board of Directors to
borrow specified amounts for capital-investment purposes, provided
proper amortization of such borrowed funds is specified at time
of authorization.”

Resolution 17

Subject: Convention Authorizes — Fiscal Conference Appropriates

Wuersas, The Bylaws to Synod’s Constitution in Section 9.05
in the Handbook provide that the Fiscal Conference fix the
synodical budget; and

Wuereas, The large and complex financial operations of Synod
make such procedure advisable and necessary; and

Wuereas, The Fiscal Conference carries out the resolutions of
Synod within the limitations of funds available; therefore be it