40 years ago today - 40 years (in 1 days) - Jun 7, 1975

President Spencer W. Kimball announces his resignation from management positions of church corporations to more fully serve spiritual needs of church. His associates in Presidency and Twelve continue extensive corporate management roles until 1996.

[Source: On This Day in Mormon History, http://onthisdayinmormonhistory.blogspot.com]

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