# LCMS Convention Proceedings_St. Louis Missouri_1959_S264
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

264 RESOLUTIONS — COMMITTEE 6

be secured by first mortgages or first deeds of trust and to be made
on a sound investment basis upon such other terms and subject to
such rules as may from time to time be established by the Board
of Directors for the purpose of administering such loans, taking
into consideration rate of return, ability to repay, and value of
security.”

Action: This resolution was adopted.

Request to Authorize Formation of New District
in Northern Minnesota

RESOLUTION 33, COMMITTEE 6

Memorial 523, pages 472—473, Reports and Memorials

Wuereas, Memorial 523 requests authority to form a new Dis-
trict in northern Minnesota; and

Wuereas, The request for the formation of a District should
come, as a rule, from the District anticipating geographical divi-
sion; and

Wuereas, A consideration of this kind involves many factors
which are best reviewed and evaluated on the local District level;
and

Wuereas, It is evident from the data presented to the com-
mittee that there is no agreement within the District as to the value
and wisdom of this particular geographical division; and

Wuenreas, The convention of 1956 set up criteria for the divid-
ing of the Synod into Districts and urged that no further dividing
be done unless specific data be gathered and stipulated consulta-
tions be carried out—all of which should also be done in this
case —; therefore be it

Resolved, That this request be referred to the Minnesota Dis-
trict for evaluation and recommendation to the next convention

of the Synod.

Action: This resolution was adopted.

Election of Fort Wayne Board of Control
RESOLUTION 34, COMMITTEE 6

Wuereas, The members of the present Board of Control of
Concordia Senior College, Fort Wayne, Ind., were appointed pur-
suant to a special resolution of Synod; and

Wuerras, The members of this board should now be elected