# LCMS Convention Proceedings_St. Louis Missouri_1941_S259 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) Constitutional Matters 259 2, Budget On the basis of the reports on the various departments under the business administration of Synod the Board of Directors shall annually prepare the budget for the Board of Support and synod- . ical sundries and submit such budget to the Fiscal Conference. 3. Management of Property The Board of Directors shall have charge of all of Synod’s real and personal property and shall hold and manage such property in accordance with the instructions of Synod and in accordance with State laws. 4. Erection of Buildings a. No building may be erected on Synod’s property or on property in which Synod is interested, and no property purchased, until the entire sum necessary for such building or property has been paid into the treasury of Synod. b. The Board of Directors shall pass on all plans submitted by boards of Synod for new buildings and remodeling of old buildings. c. No building may be located on property belonging to Synod unless such location has been approved by the Board of Directors. d. The Board of Directors shall grant the necessary funds for repairs and minor improvements of Synod’s property. 5. Responsibility for Synodical Property If the management of any synodical property has been com- mitted to any special board or committée (such as the Board of Control of any educational institution, mission boards, Board of Directors of Concordia Publishing House), such board or committee shall annually, or whenever requested to do so, report to the Board of Directors. Before deciding matters of far-reaching importance, such boards and committees shall obtain the advice and opinion of the Board of Directors. 6. Regulations for Collections The Board of Directors shall regulate the collection of moneys rom congregations and in Synod at large beyond the confines of any one District. No individual, congregation, or private or- ganization shall solicit moneys in Synod at large without the consent of the Board of Directors. This rule shall not be construed to interfere with District or local financial undertakings, provided that the collection of moneys shall be confined to the District or the respective area. . 7. The Power to Dispose of Synod’s Property The Board of Directors shall be authorized and empowered to sell, barter, exchange, or trade any real or personal property not adjacent to, or a part of, any of Synod’s college or seminary properties of which Synod may find itself possessed and which real estate or personal property in the opinion of the Board of Directors