# LCMS Convention Proceedings_St. Louis Missouri_1899_S116
# AI translation — CHI Digital Archive (demonstration)

116 Proceedings of the 24th General, or

b. the Steinfat Bequest since February 8, 1899. This latter has
been invested, together with the preceding bequest, in government
bonds and lies ready for delivery.

"The bequests that were not placed under the Commission for the
Administration of Bequests, but were administered by other persons
or boards, are the following:

"1. The Schönewaldt Foundation, administered according to
testamentary provision by Pastor J. H. Niemann for the benefit of
poor students preparing for the teaching or preaching office.
Preference is to be given to students from the Lutheran congregations
in Cleveland, O. Up to 1896 the accounts for this can be found in the
"Lutheraner"; those for 1897 and 1898 will appear shortly: real
estate = $16,000.00.

"2. Bequests for the benefit of the Concordia Seminary at St.
Louis: a. Rudloff's Bequest, under the administration of the Board
of Control of the said institution, amounted in May 1896 to
$15,587.14, which was in the hands of the General Treasurer and had,
by April 15, 1899, earned the sum of $1177.63, which has been added
to the principal, so that the endowment now amounts to $16,764.77;
b. the Werner and G. Fritz bequest amounts to $364.72 (the former
$115.72 and the latter $249.00); c. the Hengerer Bequest amounts to
$122.11; d. that of H. G. and C. Tiemann, $250.00; e. the Lämmermann
Bequest amounts to $1000.00; f. the yield of the Holzhauser Bequest
(from November 30, 1896, to April 11, 1898) amounts to $389.00. —
These sums are in the hands of the General Treasurer. g. The
Holzhauser Bequest itself, in the form of a mortgage of $4000.00, is
administered in the name of the Board of Control by Pastor P. Beyer
in Brooklyn, N.Y. According to the Board of Control's report, the
mortgage came due in October 1898 and has, by resolution of the
Board of Control, been paid out to the institution and handed over
to the General Treasurer. — Total of the bequests for the benefit of
the Concordia Seminary at St. Louis, $22,809.60.

"3. Bequests for the support of poor students, likewise under the
administration of the Board of Control of the St. Louis Seminary:
a. the Walther Foundation, $908.39 (as of April 15, 1899), is in the
hands of the General Treasurer; b. the Dierkson Bequest, $500.00,
likewise in the hands of the General Treasurer; c. the Hokamp
Bequest, $500.00; this too is in the hands of the General Treasurer;
d. the Dr. G. Seyffarth Bequest, $1000.00; this is in the hands of
the Kreuz [Holy Cross] congregation in St. Louis. Its yield is
remitted to the fund for poor students; e. the Wahler Bequest at
Terre Haute, Ind., consists of real estate and a rentable house
valued at $5000.00. It brings in an average of $60.00 semiannually,
which is given to Prof. Gräbner for the fund for poor students; f.
the Homann Foundation, $5200.00, consisting of a house in
Cincinnati, O., that can no longer be rented; it is to be sold.