# LCMS Convention Proceedings_St. Louis Missouri_1944_S883
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

298 FINANCIAL MATTERS

be suitable for its purposes. In the meantime the question of the
legal ownership of the property was injected. The sale of the rest
of the property was held up because of the inability of a prospec-
tive buyer to get priorities on building material.

26. Concordia College, Portland. After the special survey per-
faining to this Preparatory school had been made (Proceedings,
-1941, p. 82), a lengthy preliminary report was submitted. This led
‘to a discussion of the matter with the Board for Higher Education.
sand the proposal on the part of that Board to close the school. After
‘the hearing on this matter, the proposal was reversed, as will ‘be:
‘seen from the report of the Board for Higher Education, and th
way would be clear to erect the new building asked for in 1941 and, :
again this year, if Synod adopts the above report. ‘

27. Concordia College, Edmonton. The convention in 1941’;
granted all students at Edmonton free tuition. (Proceedings, 1941,
p. 85.) This was considered an: exceptional and temporary arrange-
ment. We suggest that Synod re-open this question. os

28. Seminario Concordia, Porto Alegre. In 1941 Synod made
a grant of $25,000.00 for the erection of the right wing of the semi-
nary building at Porto Alegre. This was to be executed under
the direction of the Board of Directors, (Proceedings, 1941, p. 94.)
‘The South American Mission Board, being consulted in the matter,
recommended that this be done and that the Brazil District be
asked to raise $2,000.00 toward this amount. The matter was taken
care of in this way. The building of the Professor's house was
postponed. *

29. The New Seminary at Buenos Aires. All the recommenda=
tions adopted by the last Synod concerning the establishment of
@ new seminary in Argentina (Proceedings, 1941, p.95) were car- -
ried out. Prof. Albert Lehenbauer was called as regular theo-’
logical professor and temporary president of the seminary. A full-
time assistant was granted in the person of Pastor Rippe. ‘The
request for a full-time second professor could not. be granted, since
Synod alone has the right to establish a new professorship. :

30. Any further information on the activities of the Board can.
be gained from the complete official minutes of the Board Proceed
ings in charge of the Secretary,

Report of Trustees of Synod’s Trust Funds

The Board of Trustees of Synod’s Trust Funds reports to us
as follows: ie