# LCMS Convention Proceedings_St. Louis Missouri_1929_S141
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

vy. Luth. Synod of Missouri, Ohio, and Other States. 1929. 141

VI. FINANCES.

Report of the Board of Directors of Synod.
Your Board of Directors herewith reports on its work during the
st triennium with due gratitude to God for His guidance and help.
In its first meeting, soon after the last convention of Synod, the
Board organized by reelecting its officers, namely, President Pfoten-
“pauer as chairman, the undersigned as secretary, Mr. E. Seuel as trea-
surer and legacy officer, the Rev. Wm. Hagen, Mr. Henry W. Horst,
and Mr. W. HI. Schlueter as Committee on Buildings, while President
Pfotenhauer, Mr. Seuel, and Mr. Ahlbrand again served’ as the Fi-
nance Committee. An Advisory Committee for the Fiscal Office
was appointed, which rendered valuable service during the triennium,
namely, Dean Fritz, Vice-President Lankenau, and Rev. W. F. Wilk.
Twenty-three meetings were held. A detailed record of the pro-
ceedings of the meetings is on file. Some of these meetings extended
over two or three days.
The business transacted might be grouped as follows: —

E

A. Matters Pertaining to Educational Institutions.
1. Building Matters.

a) In December, 1927, it could be reported that the work of the
Building Committee of the new Seminary was finished, and the
committee was discharged with due thanks for its faithful and
efficient labors. The new buildings were put up within the appropria-
tion of Synod.

b) We could not sell the old Seminary. The professors’ houses
have either been sold or are rented or used for synodical purposes.

c) Owing to financial conditions only the most necessary college
buildings authorized by the last Synod could be erected, namely, the
dormitory and heating-plant at Springfield and of the professors’
houses one for the president of the college at St. Paul and the presi-
dent’s house at Austin.

d) The practise-school at Seward has not been erected, but an
agreement has been drawn up with the congregation at Seward ac-
cording to which the necessary ground will be secured and the school
will be built and conducted.

e) In May, 1928, after taking up the matter with the Fiscal Con-
ference and the College of Presidents, it was decided to make arrange-
ments with Grace Lutheran Congregation at Oak Park, Ill., to erect
a practise-school near the River Forest Seminary. The northeast
corner of the River Forest property was sold to the congregation for
church and school purposes, the school to serve for the above-
mentioned purpose. The $20,000 to be paid for these lots by the
congregation are to be used as an endowment fund for the up-keep
of the seminary grounds.