# LCMS Convention Proceedings_St. Louis Missouri_1932_S146
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

BEAL CORR RAB Ie eR LA aes hl ae ea isin: ters oat is —

RESIDENCES AND GARAGES. s |
Synod, in 1929, authorized its Board of Directors to erect necessary professors’ residences, borrowing the money to pay for these and te
then paying the interest and principal with the moneys ordinarily expended for rentals. The figures listed in the second column represent =
such rental payments. . .
‘ Number of Gross Rental Interest on Repayments Balance A ;
Residences Investment Payments Principal of Principal Jan. 31, 1932 3
Austin ............. | © S rrr $ 9,561.00 $ 1,805.00 $ 751.85 $ 1,053.15 $ 8,507.85 2 |
Concordia ...... (plans only) ............. 255.00 265.00 9° |
Edmonton .......... LC: > 39,412.05 6,709.22 2,318.71 4,390.51 35,021.54 i
Fort Wayne ........ 3 21,118.60 4,012.42 1,476.85 2,535.57 18,583.03 o
Milwaukee ......... (1) coe cee cece eee 8,000.00 2,080.00 793.89 1,286.11 6,713.89 2
Porto Alegre ....... | ©) 9,523.56 1,085.00 481.67 603.33 8,920.23 & |
River Forest ....... | Ca 54,988.77 - 12,100.00 5,149.87 6,950.13 48,038.64 eo
St.Louis ........... | C:) 45,239.89 1,420.00 480.67 939.33 44,300.56 °
Seward ............ | © rr 8,982.18 1,080.00 381.74 698.26 8,283.92 = :
Total Residence Rentals ...............4 $30,291.64 g ;
Garages 6... ccc cee cece een e ee enseus 1,872.66 366.37 125.22 241.15 1,631.51 a
—_____ —_—__—_. ————— ——_—_ —_————_—. °
Gross Investment .......... gee aeeeeeeus $198,953.71 &
Total Rentals ............. Lecce ee eees $30,658.01 i}
Less Interest on Principal .............. 11,960.47 $11,960.47 2
Repayment on Principal ................ 18,697.54 $18,697.54 $18,697.54 s
Balance of Principal ...............005- $180,256.17 $180,256.17 5 |
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