# LCMS Convention Proceedings_St. Louis Missouri_1920_S68 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 68 Proceedings of Thirty-First National Conven a The last two members are to be selected by the first manent members of the Board, as long as the L. L. L. ex tains its singular purpose of aiding Synod with word financial and business matters. At all times the , Board shall consist of laymen of the Missouri Synod. d. The Special Board is to select its own chairman, an Executive Committee of three, if it seems desirable ai self make the rules to govern its actions. * amt e. The fund is to be deposited in one or more banks, panies, or safety deposit vaults to be selected by the § and is to be surrounded by proper safeguards. . f. The fund shall be invested only in U.S. Goy. : and U.S. Government Securities, or in high-class State and: Bonds of this country. . 4 Synod also endorsed the work of the Lutheran Laymeg by passing the following resolution: — Resolved, That Synod, convened at Detroit June 16.4 preciates the determination of the Lutheran Laymen’s:] collect the balance needed to complete the Three Million I dowment Fund for our Veterans of the Cross, wishes these God’s blessing, and encourages all officers and pastors as laity of Synod to give further enthusiastic, energetic, and. support to our Lutheran Laymen’s League in -their effort every member of Synod do his fair share towards reachig sired end. 4 3 Concordia Publishing House. Publicatf (Germ. Rep., p. 179.) ‘ & The Board of Directors of Concordia Publishing Br attention to the fact that, according to records still z Publishing House had passed its fiftieth anniversary on ¥¢ 1920. Another successful triennium has, by the grace of @ Rising costs of labor and materials compelled the Boardd prices. The report covered a great number of items ay corresponding number of resolutions. (For list of p ably German Report, p. 172.) Fe Triglot Concordia. — The Board reported that the p the Triglot Concordia (German, Latin, English) wo investment of approximately $45,000. In spite of ext ing, subscriptions have been -discouragingly few. that the project may mean a net loss of many thou! Synod resolved that every synodical congregation be v a copy of this work. : Periodicals. — The price of periodicals has not yet be At present all but’one are issued without financial at