Collection › LCMS Convention Proceedings (St. Louis, Missouri) › 1926 · 33rd Convention, Holy Cross Church › Page 160
LCMS Convention Proceedings St. Louis, Missouri — 1926, Page 160

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

160 Proceedings of Thirty-Third Regular Convention,

of three directors of our Board. has expired: Mr. Theo. Kuehnert
(a member of the teaching profession), Dean John H.-C. Fritz
(a member of the clergy), and Mr. H. Luehrmann (a layman).

Respectfully submitted,
Joun H. ©. Frirz, Secretary.

Report of Committee 14. .

By the grace of God, Synod is in possession of a very great pub-
lishing house, which for many decades has been an inestimable bless-
ing, not only for our own Synod, but also for many thousands out-
side of our circles. According to the regulations of Synod the Board
of Directors of Concordia Publishing House is required to hand in
every three years a written report concerning its activity and con-
cerning its activity and concerning the condition of the business.
This report for the last triennium is found in Overture 501. The
business is flourishing. Three years ago the worth of Concordia Pub-
lishing House was $963,056.59; the net present worth is $1,176,177.33.
In the past year a new addition to the plant was erected. The total
cost of the new building and of remodeling two of the old buildings
exceeded $500,000, of which all has been paid with the exception of
$171,000, a debt which does not weigh heavily on the Publishing
House. The net gain in the past triennium was $533,120.74. Of this
sum $320,000, namely, $200,000 in the first two years and $120,000 in
the past year, has been turned over to the Synodical Treasury. The
last issue of the Lutheran Witness contained the following certificate
of audit: “The undersigned Auditing Board of Synod has’ received,
and after thorough examination has accepted as entirely satisfactory,
the report of audit made by our certified public accountants covering
the administration of Concordia Publishing House for the year end-
ing April 30, 1926, and covering the administration of Mr. E. Seuel
as General Treasurer of Synod for the year ending January 31, 1926.

(Signed.) “Ep W. Jazczr, Chairman.
“ArNotD F. ABEL. ©
“Wa. SCHLAKE.” «

The following resolutions were passed regarding the report of the
Publishing House: — :

1. Synod expressed’ its grateful appreciation to the Board and

Mr. Seuel for the expert’ management of the business and congratu-
lated the Board on having secured the needed help for the General
Manager by the appointment of a capable man, Mr. A. A. Grossmann,
as assistant.
‘9, Synod especially commended Concordia Publishing House for |
finally succeeding in placing on the market the first edition of the 4
complete Bible in English and German on parallel pages. 4

3, Synod resolved to retain the Ev. Luth. Hymn-book of 1911, to al