# LCMS Convention Proceedings_St. Louis Missouri_1935_S287 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) Ev. Luth. Synod of Missouri, Ohio, and Other States. 1935. 275 2. During the past two years, on the strength of a 1932 synodical resolution, Mr. Huge has in addition to his other duties also made examinations of the books and records of all subsidized Districts. This work has been chiefly of a fact-finding nature relating to sub- sidies paid by Synod, complete audits being neither required nor ex- pected by Synod. Much coordination and harmonization of the financial side of these Districts has already been accomplished, and the General Home Missions Board has been furnished valuable data for its guidance. 3. Developments have been so favorable in our work that we have only one matter to refer to the Hon. Synod; in fact, this is a carry- over from the last convention. We refer to Church Extension Funds. We have become firmly convinced that direct personal contact and supervision of Church Extension loans is vitally necessary. Whereas we have delegated our Home Mission work to our Districts because of the direct supervision such an arrangement affords, we are still trying to handle our Church Extension collections by long-distance correspondence. Out of a total of $1,081,983.20 of Church Extension loans, $518,780.50, or 47.95 per cent., was past due as on January 31, 1985. The purposes of the fund and the revolving nature intended for it are frustrated by these frozen loans. So as to make full use of our District machinery and to bring about a coordination of our Church Extension effort, we recommend that loans out of the General Church Extension Fund be made to Districts only. Respectfully submitted by your Boarp or AvupITors. Wma. Lorrmann. O.E.Fiscuer. W.H. Roscuxe. Committee 19 reported: — 1. We recommend that Synod adopt Paragraphs 1 and 2 of the Board of Auditors’ Report. (Paragraph 3 of the Board of Auditors’ Report is covered by the report of Committee 8 and Overture 302, Paragraphs 34—36.) 2. We recommend that the Treasurers of all Districts be en- couraged to furnish the Synodical Fiscal Office a monthly financial statement (as the Treasurers of the subsidized Districts are now required to do), with a view to eventually introducing a uniform system of bookkeeping in all Districts of Synod. 8. We recommend that Synod remind the congregations of their duty to remit moneys contributed for Synod regularly and frequently and that the District Presidents, District finance committees, and Visitors be urged to see that this be done. Action of Synod. These recommendations were adopted.