LCMS Convention Proceedings St. Louis, Missouri — 1932, Page 151

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992 Proceedings of Thirty-Fifth Regular Convention,
Springfield: Dormitory ....... $ 21,822.34
Improvement Taxes ....... 9,850.35
Razing of Old Building ... 619.97
—_———— 32,292.66
Winfield: Garage for Truck. ..$ 205.40
Hospital ................ 1,000.00
Improvement Taxes ...... 3,860.58
Library Equipment ....... 244.00
—_—_—_ 5,309.98
Total Disbursements ..................00.0.. 481,964.3]
—_--—
15
Accrued Liabilities, January 31, 1932 ......... § Peete
_
Balance, January 31, 1932 ................... $ 13,304.92

BB. LEGACIES.

During the last three years Synod, in its Legacy Department, was the
recipient of $277,328.37, the major portion of which amount came from the
estates of deceased members. These receipts fall in the following classi-
fications, which are here briefly defined.

A. First of all, there are LEGACIES, which according to our office
parlance are sums willed to Synod by its members, the testator specifying
that’the amount willed to Synod should be profitably invested and the
earnings used for some general or specific purpose of Synod. Quite fre-
quently the testator designates the ultimate synodical purpose to which
these earnings should be put. Of late, however, Synod has been receiving
a gratifying number of such legacies in which the testator merely named
the Synod as beneficiary, without further stipulation, leaving it to Synod’s
Board of Directors to annually designate the purpose of such earnings.

B. By far the greatest number of items contained in our legacy re-
ceipts are identified as BEQUESTS. In our office parlance, if a testator
wills anything to Synod and, instead of specifying that the legacy is to be
invested and only the earnings used, says that the entire sum is to be
paid out for some general or specific purpose of Synod, such an item is
designated as a bequest.

C. In our listings there are a number of ENDOWMENTS. Endow-
ments are gifts from the living, which are to be invested and the earnings
of which are to be used for the purposes designated by the donor.

D. FOUNDATIONS are essentially similar to endowments, with the
exception that the donor has chosen thus to designate his gift.

E. Quite a number of the receipts are listed as FUNDS. These items
are all in the same class with legacies and endowments, with the exception
that the testator, respectively the donor, has seen fit so to designate his
legacy or gift.

F. Finally, there is a group of ANNUITY ENDOWMENTS. These
represent cases in which individuals had entered into annuity agreements
with Synod, the annuitants making a substantial contribution to Synod
and Synod promising to pay them a fixed annuity during life. Whenever
the term annuity endowment appears among Synod’s legacy receipts, it
indicates that such an annuity agreement has expired owing to the demise
of the annuitant and that the amount involved has automatically passed
into the possession of Synod, there to serve the purpose designated by
the annuitant.

Balance, January 31, 1929 ..........0... 0. cece eee eee ee $230,783.31
Receipts: — New BEQUESTS AND LEGACIES.

American Luther League Fund .............. $ 2,672.36

Annuity Endowment from “A Friend” ....... 557.33

C, Anton Arnhold Annuity Endowment ....... 208.40

Ev. Luth. Synod of Missouri, Ohio, and Other States. 1932.

Henry and Margareta Bastian Endowment..... 300.00
Wm. Batz Bequest ........0.. 20.00.0000 0 cee ee 50.00
Carl Baxmann Bequest ...................05 193.07
Pastor Edward Beck Fund .............4..... 500.00
Engeline Behrens Bequest ........... ‘eee eeeee 4,038.97
Christine Bley Bequest .................. sae 50.00
Fridricke Boettcher Legacy ..............004 1,000.00
Henry Bolte Bequest ............ 2.0.0.0 cece 460.00
Henry Brandes Bequest ................00.0. 800.00
Sophie Brunns Bequest ..................... 500.00
Justine Schnitker Bunke Book Fund .......... 1,000.00
Alfred Craemer Bequest ...............0000. ~ 100.00-
Wilhelmine Cramer Bequest ...............0. 500.00
Julius C. Dahms Bequest .................00- 500.00
Edward F. Diercks Legacy ................0. 4,000.00
Friedericke Dobberphul Bequest ............. 6,053.23
Doederlein Memorial .......0.0...0. 000-0005 747.54
Anna Barbara Dorn Bequest ...... ‘eevee ‘eee 2,952.51
John H. Eden Bequest ................000005 3,000.00
Richard Eirich Bequest .......-..-... cee eeeee 300.00
J. L. Fred Fenker Bequest .............0..0- 5,000.00
Theo. Fett Bequest ............. 000 cea eneeee 622.54
Fort Wayne College Legacy Fund ............ 28,711.57
David Frank Annuity Endowment ........... 5,292.54
Wm. Freiberg Bequest ..........0..0.000c00e 1,000.00
John H. Frese Bequest ..........0..0.00. Laas 887.13
Gallman Bequest ...............cc ccc aceeeee 200.00
Susanna M. Greve Bequest .......... eee e eens 1,000.00
Louise Guenther Bequest ...............0.4- . 276.03
Mrs. C. C. Herbst Bequest .......... 0.0 e0 eee 300.00
Emma Hertwig Legacy ...............ec0 0008 . 128.00
Hinrich Holst Endowment ................... 298.46
Horst Memorial Maintenance Fund ........... 2,000.00
Italian Mission, West Hoboken, N.J. ......... 2,347.81
Mary Kehlbeck Bequest .................0008 1,341.02
F. H. Kiessig Bequest .......... 0... ccc cee 150.00
Christ. Klein Bequest .......... 0.00... 000 00% 5,790.16
Thomas Koeneke Bequest ................0005 613.96
Bertha Koester Bequest .............0.00000- 2,200.00
John W. Kogge Bequest ...............200005 2,000.00
John Henry Kratz Bequest .............0.00. 100.00
Christ. and Caroline Kruse Annuity Endowment 1,981.00 .
Fred M. Kundinger Bequest ................. 5,581.50
Theo. H. Lamprecht Bequest ................. 31,875.00
Gertrude Langner Bequest ...............00. 500.00
Henry Emil Martin Lauterbach Bequest ...... 94.42
F. Mackensen Legacy ...... eee ee eee eee eeee 14,000.00
Anna Mallon Bequest ..............255 wee . 465.00
Alfred H. and Adele E. Mattfeld Fund 10,892.83
Peter Matthiesen Bequest ................05. 1,819.50
John Mehring Funds ................00cccees 9,500.00
Louisa Nauss Bequest ..............00000 00s 1,000.00
Anna Niemann Legacy ............ 2... ceeeee 9,328.00
Charlotte Nuoffer Bequest ...............0005 2,000.00
Herman C. Oerding Bequest ...............0. 150.00
Ohio District Walther League Endowment Fund 785.75
Adolf G. Pearce Bequest ............. 020000: 500.00
John Geo. Prager Bequest ......-........005- 931.60
Louise Riebe Bequest ............ 0.0. cc cee 11,409.18
River Forest Campus Endowment ..........:. 20,000.00
Polly Rowlett Bequest ...:.............0000- 273.47
Rudtloff Legacy ..... asec eee eee tence eee eee 1,000.00

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