# LCMS Convention Proceedings_St. Louis Missouri_1953_S959
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

SEMINARIES AND COLLEGES 135

the Chicago suburban area be and hereby is reassigned for con-

jon of said Senior College in the area described in para-
graph 1 hereof; and

6. That the proceeds from the sale of the major portion of the

nt campus of Concordia College, Inc., of Fort Wayne, Ind.,
to Indiana Technical College, Inc., in accordance with the terms of
the contract and amendment referred to in paragraph 2 hereof be
also assigned to the construction, furnishings, and equipping of
said Senior College; and

7. That any and all “Conquest for Christ” funds already allo-
cated to Concordia College, Inc., of Fort Wayne, Ind., be and
hereby are reassigned to the construction, furnishing, and equip-
ping of said Senior College; and

8. That the equivalent amount in cash of all deferred pay-
ments for the present campus of Concordia College, Inc., of Fort
Wayne, Ind., be advanced by the Board of Directors for the con-
struction, furnishing, and equipping of said Senior College; and

9. That the cost of all related faculty housing for the Senior
College be defrayed from funds supplied under the authorization
conveyed by Handbook Section 2.79-1; and

10. That the Board for Higher Education be and hereby is
authorized and directed to undertake at synodical schools con-
comitant adjustments which are required to compensate for
capacity and program losses occasioned by a successful consum-
mation of the sale of the campus of Concordia College, Inc., of
Fort Wayne, Ind., to the extent that Synod has accepted and
defined its needs on the basis of the Board for Higher Education’s
estimate presented to this and the previous convention; and

11. That the Board of Directors be and hereby is. authorized
and directed to furnish to the Board for Higher Education the
necessary funds to achieve the purposes referred to in paragraph 10
hereof; and

12. That should the sale to Indiana Technical College, Inc.,
referred to in other paragraphs hereof not be finally accomplished,
then and in that event paragraph 1 hereof shall not be affected
thereby, and the present campus of Concordia College, Inc., at
Fort Wayne, Ind., shall no longer be operated as one of Synod’s

| junior colleges and the Board of Directors shall empower the
| Board of Control of Concordia College, Inc., of Fort Wayne, Ind.,
to make the best possible disposition of its present campus; and -

13. That in any event the Board of Directors is instructed and
authorized to obtain and assign the necessary funds to complete