Collection › LCMS Convention Proceedings (St. Louis, Missouri) › 1926 · 33rd Convention, Holy Cross Church › Page 226
LCMS Convention Proceedings St. Louis, Missouri — 1926, Page 226

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

226. Proceedings of Thirty-Third Regular Convention,

Bank of Milwaukee, Wisconsin, and can be delivered to the treasurer
of the permanent Endowment Fund at any time he is ready to re-
ceive them. :

‘Contributions are still coming in for this fund, and as we have
a number of letters on file from congregations which will make their
collections this fall, we hope to be able to turn over an additional
goodly sum by the end of this year.

“Respectfully submitted,
“Frep O. Prirzuarr.”

In accepting this gift on behalf of Synod, President Pfotenhauer

expressed the thanks of Synod to the Lutheran Laymen’s League, say- 4

ing that the League’s work had produced a greater feeling of respon-.
sibility for Synod’s work in our congregations, and that the members
of the League had done their work in the proper manner, as members
of the local congregations, and that their zeal and earnestness had
frequently been to him a source of encouragement.

A resolution was also passed thanking the Lutheran Laymen’s
League for raising the Endowment Fund for the Board of Support,
encouraging the League to continue ‘its organization for the con-
structive assistance of Synod, and pledging Synod’s whole-hearted
support of the Lutheran Laymen’s League in its future efforts.

The following unanimous recommendations of the pastors attend-
ing synod was also adopted: “To encourage the L. L. L. to do all in
its power, wherever possible, to collect by December 31, 1926, what is
still lacking of the $700,000 necessary to reach the goal of $3,000,000
for the Endowment Fund for the Support of the Veterans of the
Cross, pastors and teachers.”

Disposition of Board of Support Surplus.
(Overture 615.)

At its last convention, Synod authorized the Board of Support
to add to the “Support Fund” at least a part of any surplus remain-
ing in its treasury at the close of a year. This resolution, or rather
its execution, is contrary to the orderly, established practises of
Synod, in that —

(A) It interferes with your resolution concerning the establish-
ment of the annual budget. In 1917 Synod resolved as follows:
“Der Allgemeine Praeses. [now Board of Directors} soll... einen
Voranschlag, Budget, .. . veroeffentlichen, etwaige Ueberschuesse
abziehend und Rueckstaende einrechnend.” It is clear that a budget
cannot be predicated on a credit balance that may be apparent at
the time a budget is established and which credit balance may be
disbursed before the fiscal year commences.

(B) It is not reciprocal. The resolution provides that a credit
balance may be partly transferred to the “Support Fund,” but it