Collection › LCMS Convention Proceedings (St. Louis, Missouri) › 1917 · 30th Convention, Milwaukee › Page 71
LCMS Convention Proceedings St. Louis, Missouri — 1917, Page 71
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Ev. Luth. Synod of Missouri, Ohio, and Other States. 1917. 71
LEGACIES.
The Commission on Legacies reported that it had charge of
legacies valued at $52,931.52. The interest is collected and disbursed
for the designated objects by the General Treasurer of Synod. ‘The
Commission expressed the belief that all Boards having legacies
should at least report their holdings to Synod’s Commission on
Legacies. Only a few Boards responded to the request this year.
Since a number of Synod’s funds are always depleted, not alt
-of the legacies are invested; but some are loaned to these funds at
5 per cent. interest. ,
' The Northern Illinois District reported five legacies valued at
$2,866.91, and a piece of real estate. These are drawing 8 per cent.
and 4 per cent. interest.
The Teachers’ College at River Forest reported two legacies,
of $5,000 each, the one invested at 4 per cent., the other at 6 per cent.
Concordia College at Fort Wayne reported eighteen legacies
valued at $25,975.56, besides $30,000 received from the sale of the
college farm. This latter money has been loaned to Synod. —
St. John’s College at Winfield reported three legacies totaling
$650, which make up the St. John’s Endowment Fund. A further
legacy of $200 is designated for indigent students at the school.
’ The following resolution was adopted on recommendation of
the committee to which the above report had been referred: —
Wuereas, Synod decided at its session in Chicago that all Boards
of Synod having charge of legacies should report to the Commission
on Legacies, and
Wuertas, this resolution has not been carried out, be it again
Resolved, That all Boards holding legacies report their holdings
regularly to the Commission on Legacies.
Lecat Forms ror Bequests to Synop.
1. I give and bequeath to the Evangelical Lutheran Synod of
Missouri, Ohio, and Other States, and to its assigns, the sum of — —
Dollars ($— —).
2. I give and devise to the Evangelical Lutheran Synod of Mis-
.souri, Ohio, and Other States, and to its assigns, forever, the fol-
lowing property, to wit: (here name and specify property to be
.transferred to Synod).
8. I give and bequeath to the Evangelical Lutheran Synod of
Missouri, Ohio, and Other States, and to its assigns, the sum of
— — Dollars ($— —), to be disbursed for the benefit of (here name
- object), or for some other purpose to be determined by said Synod.
4. I give and bequeath to the Evangelical Lutheran Synod of
- Missouri, Ohio, and Other States, and to its assigns, the sum of