# LCMS Convention Proceedings_St. Louis Missouri_1878_S22 # AI translation — CHI Digital Archive (demonstration) — 22 — Resolved, that all important documents, especially those pertaining to our educational institution buildings, be kept in the library room of the seminary at St. Louis. To this end, the Synod's iron safe, which has become unusable for depositing funds, shall be used to hold the aforesaid synodical documents. Concordia Seminary at Springfield, Ill. In accordance with the resolution of the First Delegate Synod in October 1874 (see report, p. 42), the practical seminary was relocated to Springfield on September 1, 1875. Here too our faithful God let the institution experience his care and blessing abundantly. In the first school year there were 27 students in the pro-seminary and 86 in the seminary proper, 113 in all. At the start of the present school year the institution held 70 seminary students and 30 pro-seminary students. Of these 100 students, one seminary student and one pro-seminary student have since died. Otherwise the state of health was fairly good. Since the institution's relocation, 30 young men have entered the ministry; about 19 will take their examination by the end of this school year. As for the institution's building: at the time our Synod took it over, there still rested on it and its grounds a mortgage of $2000.00. The building's former owners had indeed obligated themselves to provide us with clear title by October 1, 1876, by which date the $3000.00 still owed out of the total purchase price ($6500.00) was to be withheld by us. However, since in the meantime the holder of the mortgage had died, and his heirs live scattered about Maryland and Virginia and are in part unknown, the institution's former owners were unable to meet their obligation, and advised us to summon the mortgage's heirs through the courts to assert their claims, and to cover the costs arising from this out of the $3000.00 withheld for that purpose. We have issued this summons, but so far without the desired result. Since the mortgage does not lapse by statute of limitations until 1883, the heirs, for the sake of the interest it yields, are not inclined to redeem it voluntarily. Three courses are now open to us for settling this matter. First: we can simply wait until 1883, the year the mortgage lapses, and then pay it off, together with the interest, out of the $3000.00 we still have on hand; second: we can send a person qualified for the purpose to the heirs in the East to negotiate with them amicably; or third: we can bring a court action to compel the creditors to redeem the mortgage.