LCMS Convention Proceedings St. Louis, Missouri — 1917, Page 69

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Ev. Luth. Synod of Missouri, Ohio, and Other States. 1917. 69

Collections 0.0... 6... cee teen eee teens 6182.34
Legacies and donations .......... 0. ccc cece eens 134.93
Other receipts ....... 0. cece eee ee eens 28.27
EXPENDITURES. $24394.57
Loaned to congregations ....... 0... cece ee cee eens $17672.78
Paid off on debt 00... 00... c cece eee 753.20
Sundries ..... SO 68.81
Balance ..... 6. cee ce eee teen nna 5899.78
$24394.57
Cc.
From February 1, 1916, to January 31, 1917.
RECEIPTS.
Balance on hand ....... cece cee eee eee eee $5899.78
Paid off on loans .... 0... cece cee tte 9363.12
Non-interest bearing loans ...........0 0. cee eu eeu 5050.00
From Treasurer of Synod ........ 00... cee eevee enna 3120.20
Other receipts 0.0... . eee eee eee teens 18.51
Deficit 2... cece eee eee nee 1986.60
EXPENDITURES. $25438.21
Loaned to congregations .......6 06. cece eee eee eee $21746.29
Paid off on debt 0.0.0.0... cee cece eee een ene 3650.00
Sundries... . cece ee eee eee 41.92
$25438.21

SIMPLIFICATION OF ACCOUNTS.

This matter has been before Synod several times. Three years
_ ago a commission was appointed to study this matter and report at
the present session. This commission presented plans for very decided
simplification of accounts, suggesting the combining of various funds.
On recommendation of the committee to which this report was re-
ferred, most of the suggestions were not adopted by Synod. The
7 following were endorsed and accepted:—

1. All expenses incurred by the purchase of real estate, erection
of new buildings, or repairs to buildings are to be defrayed out of
the Building Fund.

2. All moneys received for a special object, for which there is
_ no regular account, are to be entered on a “Miscellaneous Account,”
t«..and forwarded by the respective treasurer directly (not through the
General Treasurer or any commission). If it cannot be determined
‘who is the properly authorized person to receive such moneys, or if
- aid is no. longer necessary, such moneys are to be transferred to the
General Mission Account, unless ordered refunded by the donor.

3. All moneys, including those for: the various funds of the
“. General Body, should be remitted to the respective District Treasurer
‘and by him to the General Treasurer. Officers of Synod receiving
moneys should remit same to the Treasurer of the District from which
the money was received. Only by this means can the books of the
_various District Treasurers and those of the General Treasurer be
_made to agree, and the Districts be properly credited for funds
riginating in them.