Collection › LCMS Convention Workbook (St. Louis, Missouri) › 1981 · 54th Convention › Page 88
LCMS Convention Workbook St. Louis, Missouri — 1981, Page 88

Scan: The Lutheran Church—Missouri Synod
Transcription machine transcription, uncorrected

TASK FORCE

biennially appoint a representative who shall attend
the meetings of the Board of Directors of Concordia
Publishing House and serve as a liaison between the
two boards.

b. Election and Term. The members of the Board
of Directors shall be elected at the biennial convention
of the Synod for 6-year terms. The terms of office shall
be staggered so that three directors shall be elected at
each biennial convention. Terms of office of directors
elected at aconvention of the Synod shall begin at the
annual meeting of the Board of Directors next follow-
ing the convention of Synod.

c. Resignation of Directors. Any director may
resign at any time. Such resignation shall be madein
writing and shall take effect from the date of its
acceptance.

d. Removal of Directors. The Board of Directors,
by and with the consent of the Synod, shall have
power by a majority vote, at a special meeting called
for that purpose, to remove any director from office,
for cause.

e. Vacancies. Vacancies occurring in the Board of
Directors between conventions of the Synod by resig-
nation, death, or othewise shall be filled for the
unexpired term by the remaining members of the
Board of Directors of Concordia Publishing House,
with the consent of the President of the Synod.

f. Compensation of Directors. Directors shall
receive no salary or compensation for their services
as directors of this corporation.

g. Powers of Board of Directors. The Board of
Directors shall be responsible and accountable to the
Synod in all things and shall have control of the
business and affairs of this corporation solely for its
benefit and shall exercise all the powers that may be
exercised or performed by the corporation under the
Statutes of the State of Missouri, the Articles of
Agreement, and these Bylaws.

h. Duties of Board of Directors. The Board of
Directors shall report to conventions of the Synod on
all significant matters concerning Concordia Pub-
lishing House. It shall also keep the Board of Directors
of the Synod informed by means of regular financial
and administrative reports. The Board of Directors
shall require such officers and employees of the cor-
poration as it shall determine to be bonded to the
corporation at corporation expense with a financially
responsible bonding company, conditioned for the
faithful performance of the duties of their respective
offices and such other conditions as may from time to
time be required by the Board of Directors.

i. Committees of Board of Directors. The Board of
Directors may, by resolutions passed by a majority of
the total number of directors, designate one or more
committees, each such committee to consist of two (2)
or more of the directors of the corporation. Such
committee or committees shall have such powers and
duties in the management of the business and affairs
of the corporation as may be determined from time to
time by resolution adopted by the Board of Directors.
The Board of Directors shall have power at any time
to fill vacancies in, to change the membership of, or to
dissolve any such committee.

11.05 Board Meetings

a. Frequency. Regular meetings of the Board of
Directors shall be held on the third Thursday in each
month at the office of the corporation or at such other
time and place as the Board of Directors shall by
resolution adopt.

The annual meeting of the Board of Directors
shall be the regular meeting in the month of Sep-
tember.

Special meetings of the Board of Directors may be
called by the chairman of the board, the president, or
any two directors by giving 2 days’ written or tele-