LCMS Convention Proceedings St. Louis, Missouri — 1923, Page 57

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“av. Luth. Synod of Missouri, Ohio, and Other States. 1923. 57

Nore. — Charitable, missionary, and educational societies shall
«ed to pay an annual contribution of $50 for each servant of
~-q in their service, provided he is a member of a synodical

6. To state with reference to the annual deficit of the School
Journal that money contributed for support is not. to be used to main-
tain 8 professional magazine, irrespective of its importance.
“4 In order to enable the Board of Support. to secure exact in-
formation about the applicants for support, which in the last analysis
‘can be obtained only from the District presidents, to instruct these,

hen reporting resignations, to state also whether the person in ques-
s tion is eligible to a call or not, and to provide emeriti who move to
another District with a transfer for admission to the District.

8. To encourage the Board to take such steps as will increase the

- number of annuity bonds issued.
9. To thank the servants of the Word for their personal con-
“tributions, which have become quite numerous, and to urge them
- indly to continue these contributions. :

Report of the L. L. L. Endowment Fund.
; (Germ. Rep., p. 187.) ,

Synod adopted the following report of the L. L. L. Endowment

At the synod in Detroit in 1920 the L:Jé&. turned over to
Synod a total of $2,050,095.25, which was established as the L. L. L.
Endowment Fund. 0

This fund now amounts to $2,050,366.20, showing an increase of
$270.95. The increase was caused by the sale of some bonds and
- + purchase of other bonds for a somewhat smaller price.

- Nearly all of this fund is invested in registered United States
Liberty Bonds, and these bonds are kept in a fire-proof and police-
protected vault in the National Safe Deposit Co. (formerly Fort

opened except in the presence of the treasurer of these funds and
one witness, either President Pfotenhauer or Fred C. Pritzlaff.
The treasurer has given assurity bond by a surety bond company.
The interest received on this fund during the years 1920, 1921,
and 1922 amounted to $206,754.88. Of this amount $205,510.43 was
- turned over to:-Edmund Seuel, the General Treasurer of Synod, for
the benefit of the Board of Support. .

$171.65 was expended for the safety-deposit box and surety bond.
The balance, amounting to $1072.80, was in the bank.

Dearborn) in Chicago, and the: box containing these bonds cannot be —