# LCMS Convention Proceedings_St. Louis Missouri_1914_S146
# AI translation — CHI Digital Archive (demonstration)

146 Proceedings of the 29th General or

Authorizing the General Treasurer to Borrow Money in the Name of
the Synod.

The undersigned board takes the liberty of submitting the following
for consideration by a Reverend Synod.

Given the many funds within our Synod, it can hardly be avoided that
now this one, now that one, now several funds at once show a deficit. It
has already happened, and may happen again in the future, that the debts
of some funds exceed the cash balance of others. Under the arrangement
that has prevailed until now, the treasurer must then either borrow money
at his own personal risk, or he must delay payment of bills and withhold,
for a shorter or longer time, the wages of workers who mostly live from
hand to mouth. Neither should be the case. We therefore take the liberty
of recommending to a Reverend Synod that it authorize its General
Treasurer to borrow money in the name of the Synod, under rules the Synod
itself has established, so that he may be in a position to pay all wages
on time and to settle other bills as they fall due.

With all respect,

The Board of Control of Concordia College
in Milwaukee, Wis.

B. Sievers, Secretary.

Milwaukee, Wis., February 18, 1914.

Committee report.

This petition is nothing new. Money has already been borrowed from the
bank before, when there was need, and this will happen again in the
future if necessary.

No resolution adopted.

Rescinding a Resolution Concerning the Synodical Treasury.

Petition.

Through various resolutions of the last Delegate Synod, the expenses of
the Synodical treasury — the main treasury of our Synod, which should
never come into need — have been considerably increased. Although the
income of this fund has grown substantially, it has for a long time not
been enough to cover the expenses.

We therefore hold that the Synod should not only give serious thought to
increasing this fund's income, but might also ask whether the expenses
could be reduced somewhat.

We take the liberty of moving that the resolution of the last Delegate
Synod, "to pay a fireman and a janitor at every institution out of the
Synodical treasury," be rescinded again, as well as an earlier provision
under which the building superintendent is to be paid (with $500.00)
out of the Synodical treasury.