# LCMS Convention Proceedings_St. Louis Missouri_1926_S216 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 202 Proceedings of Thirty-Third Regular Convention, find that Synod has at any time encouraged. endowments or founda- tions; and also, that it encourages larger gifts designated for any specific or general purpose of Synod. It is our opinion that the difference between these various forms of gifts is merely one of expediency or of convenience to the giver. We are further of the opinion that if Synod would associate its policy so as to encourage gifts to Synod or any of its activities through whichever medium may best serve the purpose of the individual, be it an outright gift, an endowment, an annuity, a legacy, or a bequest, it would then be in a position to get many larger gifts than it is now receiving. In view of this seeming varied policy of Synod regarding these various forms of gifts, we respectfully request that Synod define its policy with reference to that. Respectfully submitted, Finance CONFERENCE. The following report of the committee was adopted: — Resolved, That, since the Lord has blessed many of the Christian people in our churches also with much material wealth, Synod, in accordance with such Scripture-passages as 1 Tim. 6, 17—19, en- courages the giving of large sums of money by means of legacies, bequests, endowments, annuities, and the like, for any and all pur- poses of Synod.or for Synod’s work as such. Resolved, That the regulations governing annuities shall be established by the Board of Directors. Auditor’s Report. (German Report, p. 294.) ‘ Your Board of Auditors, consisting of William Schlake, Arnold Abel, and Edward W. Jaeger, respectfully submits the following report. Your Board found conditions with reference to reports from various boards and commissions of Synod to be the same as outlined in previous reports. The following is.a list of reports which should be forwarded to your Board. Only those marked with an asterisk reported at all, while only those marked with two asterisks made com- plete reports: — Concordia Seminary, St. Louis, Mo. Concordia Seminary, St. Louis, Mo., Indigent Students’ Fund. Concordia Seminary, Springfield, Il). Concordia Seminary, Springfield, Ill., Indigent Students’ Fund. * Teachers’ College, River Forest, Ill. Teachers’ College, Seward, Nebr. Concordia College, Fort Wayne, Ind. Concordia College, Milwaukee, Wis. Concordia College, St. Paul, Minn. ** Concordia College, Conover, N.C.