# LCMS Convention Proceedings_St. Louis Missouri_1935_S170
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Ev. Luth. Synod of:Missouri, Ohio, and Other States. 1935. 159

Immanuel Lutheran College.

Our leading educational institution.is-Immanuel Lutheran Col-
lege, Greensboro, N.:C. Our recent: bulletin contains this information:

“The chief purpose of this institution is to prepare young men
and women who wish to become pastors or teachers in the Lutheran
churches and mission-schools for Negroes. The college offers the
Negro youth in general an opportunity for a thorough Christian edu-
cation, in which the principles and ideals of the Christian religion
and the true evangelical spirit of the Gospel pervade all work and life.
The work done at Immanuel College is of high character — a program
of thorough, honest, earnest work.”

Sample copies of the college publication Red and White are being
offered for inspection.

Constitution.

A strong desire has been expressed for a closer organization
among the colored Lutherans. Therefore a constitution for an “Afro-
American Lutheran Church” has been drafted and is now being care-
fully':considered by the Board for Colored Missions.

Debentures.

In 1928 the Synodical Conference accepted a building program
of $218,500, granting permission to borrow money as needed. At its
convention in 1929 our own Missouri Synod recognized about 85 per
cent. of this sum as its quota. Your Board for Colored Missions
borrowed money to the amount of $97,700 at the interest rate of
5 per cent. Building operations have of necessity been severely re-
stricted during the last few years on account of the stringency of
money.

Since there are slight hopes that sufficient sums would be avail-
able on the respective due dates for the payment of matured deben-
tures, and since it is now possible to borrow money at a lower interest
rate than 5 per cent., the Synodical Conference in 1934 authorized
and instructed the Missionary Board to retire as many of the out-
standing debentures as possible or profitable and to issue new deben-
tures or other unsecured obligations at an interest rate of less than
5 per cent. This arrangement is being taken care of as rapidly as
possible. If it were possible for Synod to meet its assumed obliga-
tions in the near future, an even greater saving could be effected than
by the renewal of debentures, which seems to be our only possible way
of procedure at the present time.

We are deeply indebted to the Hon. Synod for its wonderful co-
operation and its support of the work among the colored in our
country, and we confidently hope and pray that this relationship and
interest may continue.