Collection › LCMS Convention Proceedings (St. Louis, Missouri) › 1926 · 33rd Convention, Holy Cross Church › Page 83
LCMS Convention Proceedings St. Louis, Missouri — 1926, Page 83

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

Ey. Luth. Synod of Missouri, Ohio, and Other States. 1926. 83

* adopted, yet to do this with minimum maintenance cost and under

the appropriation, was the task which the Committee resolutely set
itself to perform.

One building listed in the appropriation of 1928 was not erected.
The building of a hospital was postponed, due to the fact that we
found the maintenance cost very high, and we were not convinced
that our students would be benefited in proportion to this expensive
up-keep.

The Tower and the monumental Entrance were not included in
the appropriation. The plans called for a temporary arcade, tying

4 up the three buildings which are joined at this point. We received

E.. sufficient extra gifts, however, to build the lower stage of the Tower

and the Main Entrance; cost, $135,000. These accounts were
investigated by a committee of the Board of Directors and proper

, authorization made. The remainder of the Tower may be built when

= sufficient private donations have been received for this purpose.

‘There is at this writing (May 25), after deduction of sums still
due on contracts and estimated expense, an apparent balance of
$43,494.32.

There was available, in appropriations and special gifts,
$2,635,000. Our contracts to date call for $2,211,974.69. There is

. till due, on contractors’ accounts and on various items estimated,

the sum of $394,348.70. The total cost, including Main Entrance
and Reception-room, accordingly is $2,606,333.39. This leaves
a balance of $27,776.61. By various balances and credits this sum
is increased to $48,494.32. The sum of $4,375 is in suspense as
probable refunds to contractors, leaving a net balance on the building
operations for 1924—1926 of $89,119.32.

The expenditures of the triennium included two items which
properly do not belong under Building Fund expense. The topo-
graphical survey of the grounds cost $5,530, and the alternate plan
submitted in Fort Wayne at the request of the Board of Directors
cost $5,754.31. This amount of more than $11,000 should properly
appear in the unexpended balance, but was expended from the
Building Fund rather than burden a treasury less able to bear it.
The reductions made after the Fort Wayne convention not only
brought our contracts in general below the estimated amounts, but
left room for a number of very desirable changes and additional:
improvements. Thus, for the landscaping necessary upon a raw piece
of ground, such as our tract was in 1923, the sum of $6,000 was made
available. For the installation of an auxiliary boiler, by which we
are secure against certain emergencies in our heating-operations and
by which we shall save considerable amounts in fuel during the fall

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