Reformed Presbyterian Minutes of Synod 1993

56 1993 MINUTES OF THE SYNOD OF THERecommendations1. We recommend that Robert L. HemphiU be elected to another three-yearterm.2. We recommend that Jack Morton, Stuart Schmidt, and Jay Worsham benominated fillthe other two vacancies on the Board of Tmstees.3. We recommend that the independent Auditor's Report for the yearended December 31, 1992, as prepared by Swartz, Izenson andAssociates be received as distributed and printed in the Minutes ofSynod.4. We recommend that the 1992 Treasurer's Report as printed in the Digestof Reports be received for information.5. We recommend that Synod accept our response to Paper 92-3, as printedin the body of our report, and no change be made in our loan guaranteepolicy.6. We recommend that the report on Unrestricted Undesignated Funds ofSynod, as printed in the Digest of Reports be receivedfor information.7. We recommend that the Unallocated Denominational Office revisedbudget for 1993 and the proposed budget for 1994 be approved.8. We recommend that Louis D. Hutmire, whose term as Stated Clerkexpires at this meeting of Synod, be re-elected for another three-yearterm.9. We recommend that Louis D. Hutmire, whose term as DenominationalTreasurer expires at this meeting of Synod, be re-electedfor anotherthree-year term.Respectfully submitted,Steven C. McMahan, presidentThe preliminary report of the Committee on Finance was taken upand received.The report of the Board of Pension Trustees was taken up. Item 1was adopted. Items 2-6 were referred to the Committee on Finance.The members of Synod joined in small groups once again forprayer, concluding with the singing of Psalm 48B, stanza 9.Following the announcements, Synod adjourned at 9:15 p.m.,being led in the prayer of adjournment by Bruce Martin.TUESDAY, JULY 13,1993 8:30 A.M.Synod reconvened in the Franklin Room of the Ely Lilly CampusCenter on the campus of Franklin College, Franklin, Indiana, on