Seattle's $28.5M Presbyterian Real-Estate Fight

A real-estate battle is shaping up between a historic downtown Presbyterian church and the regional body that until now has governed it. At stake: nearly $29 million in assets.

On Sunday, Seattle First Presbyterian church members voted to split from its liberal-leaning denomination, the Presbyterian Church (U.S.A.). In doing so, the 125-member congregation formed a corporation that now claims full control of its assets, according to documents distributed Tuesday night at a meeting of the Seattle Presbytery, the denomination’s regional authority.

Read Full Article »


Comment
Show comments Hide Comments


Related Articles