# LCMS Convention Proceedings_St. Louis Missouri_1941_S848
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

348 Financial Matters

before such building operation may proceed — be suspended; and
be it further

Resolved, That the Board of Directors be authorized and em-
powered to borrow as much money at current rates of interest as

may be necessary to carry out the foregoing resolution; and it
be finally

Respectfully submitted by

THE Commirrer ON COLLEGES oF Synop’s
Boarp or Directors
Henry W. Horst W. ScuHivereR Pau. Scuutz

Report of Committee 1 ; .
Committee 1 recommends adoption, and that approximately |

$50,000 be appropriated, subject to final approval of the Fiscal Con- _
ference.

Action of Synod: This recommendation was adopted.

Honorarium for Secretary and Vice-Presidents of Synod
(Unprinted Memorial 109)
WHEREAS, The ever-increasing work of the Church makes it

tive Congregations; therefore be it

Resolved, That the Secretary of Synod —as is now the case
with the Vice-Presidents — receive an honorarium of $200 a year,
commencing with the current fiscal year; and be it further

E. Seve, W.H. ScHLUETER

Report of Committee 1
Your Committee recommends adoption of this memorial.
Action of Synod: The recommendation was adopted,