# LCMS Convention Proceedings_St. Louis Missouri_1959_S149 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) SEMINARIES AND COLLEGES 149 tion to take under serious consideration the development plans and the budgetary provisions necessary to implement this expansion. Action: This resolution was adopted. Title to Property at Concordia Seminary, St. Louis, Mo. RESOLUTION 45, COMMITTEE 1 Memorial 101, page 13, par. 5, Reporis and Memorials Wuereas, The Synodical Handbook, par. 2.79h, stipulates that “property shall be taken in the name of Synod under its corporate title except in cases where the property to be acquired is to be purchased for the use and benefit of a seminary or college which has been separately incorporated under the synodical resolution of 1935 and to which corporation the present real-estate holdings have been conveyed with the necessary reversionary clause”; and Wuereas, Concordia Seminary, St. Louis, is one of the col- leges and seminaries incorporated under the laws of the particular state where it is located (Proceedings, 1935, page 191); and Wuereas, At the present time all Concordia Seminary property is vested under the corporate title of The Lutheran Church — Missouri Synod; and Wuereas, From time to time the Board of Control of Con- cordia Seminary, St. Louis, must engage in transactions which involve its property, buildings, utilities, or other improvements and where questions arise concerning taxes, contracts, and ease- ments; and Wuereas, The fact that the Synod holds title to all the subject property causes considerable confusion and delays prompt action; and Wuereas, In order to have a uniform practice among the Syn- od’s respective institutions so concerned in the matter of title to properties and to simplify future transactions involving property; therefore be it Resolved, That all properties presently owned or acquired in the future for use by Concordia Seminary be conveyed to Con- cordia College of St. Louis, Mo. (the corporate name of Concordia Seminary) with reversionary clause to The Lutheran Church — Missouri Synod. Action: This resolution was adopted.