# Synodical Conference Convention Proceedings_St. Louis Missouri_1928_S66 # AI translation — CHI Digital Archive (demonstration) 66 Proceedings of the thirty-first convention [Printed in English.] Furthermore we recommend that the book Half a Century of Lutheranism Among Our Colored People be used as a premium to enlarge the circulation of these periodicals and that this book be given as a premium to such as pay their subscription in advance for three years or send in the price for three new subscriptions for the Mis- sionstaube or the Lutheran Pioneer. Adopted. Donors to Our Colored Missions. Your Committee recommends that the Synodical Conference take cognizance of large and special gifts given toward colored mission- work and that the Secretary be instructed to write to such donors a letter of thanks and appreciation. Adopted. Building Operations. WHEREAS, We have been impressed with the urgent and im- mediate need of certain sites and buildings in Colored Missions, and WHEREAS, To pursue a policy of waiting with the acquisition of sites and the erection of buildings until the necessary moneys are at hand would unduly retard the progress of, and be detrimental to, our Colored Missions; and WHEREAS, Several of our constituent synods are opposed to special drives, or campaigns, at the present time; and WHEREAS, Hence, it appears expedient that we authorize the bor- rowing of the necessary moneys and amortize the debt thus created; therefore be it Resolved, That we authorize and instruct the Missionary Board of the Synodical Conference, and it is hereby authorized and in- structed, to purchase such properties and erect such buildings as are or may be authorized by this convention; and be it further Resolved, That the order and sequence in which, and the time at which, these properties shall be purchased and these buildings shall be erected be left to the judgment and discretion of the Missionary Board of the Synodical Conference; and be it further Resolved, That we authorize and instruct the Missionary Board of the Synodical Conference, and it is hereby authorized and in- structed, to borrow a sum of money not in excess of $218,100 at a commission of not more than 5 per cent. and at an annual interest rate of not more than 5½ per cent., with which sum of money thus borrowed it shall purchase the properties and erect the buildings authorized by this convention; and be it further Resolved, That we authorize the Missionary Board of the Synod- ical Conference, and it is hereby authorized, to give its note(s) or bond(s) as security for the loan hereinbefore provided, which promis- sory note(s) or bond(s) shall provide for annual repayments of no less than 10 per cent. of the original loan; and be it finally Resolved, That we authorize the Missionary Board of the Synod- ical Conference, and it is hereby authorized, to execute such deeds of trust on the properties owned by the Missionary Board of the Synod- ical Conference as the holder(s) of the promissory note(s) or bond(s) hereinbefore authorized may require. On motion of Rev. F. A. Hertwig, which was seconded by Rev. C. C. Koessel, this resolution was adopted.