# LCMS Convention Proceedings_St. Louis Missouri_1920_S67 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) Fo gv. Luth. Synod of Missouri, Ohio, and Other States. 1920. 67 ner in which the fund was administered, due largely to the t work of the chairman, Rev. G. F. Kuehnert, and recom- ied that Synod give due consideration to the question of proper E nsation to Rev. Kuehnert for the time spent on this work. d ynod resolved to accept the report of the auditing committee, B while appreciating the splendid services of Rev. Kuehnert, de- B40 enter upon the recommendation of the auditing committee, Rit did not desire to establish a precedent. L. L. L. Fund. (Germ. Rep., pp. 166—170.) FThe chairman of the Lutheran Laymen’s League, Theo. Lamprecht, Munced that the officers of the League were ready to turn over to id the sum of $2,050,095.25, the sum available on May 17, as the Sous of an Endowment. Fund for incapacitated servants of the frch and their dependents. Mr. Lamprecht also expressed the con- Fon that the goal of $3,000,000 would, by the grace of God, be mined before Januaty 1, 1921. Mr. Fred C. Pritzlaff, treasurer of F League, read the document of transfer. Synod expressed its Reciation of the efforts of the L. L. L. by a rising vote of thanks. The League also presented to Synod a memorial setting forth the Mitions under which the transfer was made, and suggesting ways fmeans of controlling and investing the fund, which Synod adopted the addition of the words in §c: “As long as the L. L.'L. exists aintains its singular purpose in aiding Synod with word and Mi in‘business and financial matters.” $ ; \ ConpiTions GovERNING THE TRANSFER. ' La The capital fund may be increased, but it must never be re- fed or disposed of. Bb. The proceeds must always be used for the care of our “Veterans y Cross” in the manner adopted by Synod for this purpose, and not be used for any other purpose. FULATIONS GOVERNING THE ConTROL AND INVESTMENT OF THE Funp. Fa. The control of the permanent capital of this Endowment Fund heaning the manner of investing and safeguarding it—is to ; in with Synod acting through a Special Board. Eb. The control of the proceeds of this permanent capital is to gin with Synod acting through the Board having such matters fe. The Special Board mentioned in § 2a shall consist of — EThe President of Synod; The President of the L. L. L.; the Treasurer of Synod; The Treasurer of the L.L.L.; e Secretary of Synod; Two other members of the L. L. L.