Proceedings of the Board of Regents (1936-1939)

July Meeting, 1937
FRANKFORT, MICHIGAN,
JULY 23, 1937
The Board met at 8:40 P.M. at the summer residence of President
Ruthven.
Present, the President, Regent Murfin, Regent Beal, Regent Smith,
Regent Crowley, Regent Stone, Regent Hemans, Regent Cram, and
Superintendent Elliott. Absent, Regent Cook. There were also in
attendance Vice-President Bruce, Mr. H. G. Watkins, and the Secretary.
The minutes of the meetings of June 18 and July 3 were approved
as submitted to the members in press proof.
The salary of Fielding H. Yost as Professor of the Theory and
Practice of Athletics and Director of Intercollegiate Athletics was
increased by $1,000 a year, effective July 1, 1937.
The Board approved a charge-off of twenty-two items of stocks,
bonds, notes, and warrants which have been part of various gifts or
bequests and which have not seemed desirable to carry longer on the
books as active investments. However, each of these items in which
there is any possible hope of financial value will have periodic checkups to make sure that if value eventually appears, the University will
realize upon it. Thirteen of the twenty-two items had been originally
placed on the books at one dollar each, and of the remainder the three
largest items were: (1) 124 shares of Canal Bank and Trust Company
(New Orleans) common stock, $13,596.25 in the Donovan Scholarship
fund; (2) 64 shares of White Star Line common stock, $2,416 in the
James B. Angell fund; and (3) 20 shares of White Star Line common
stock, $755 in the E. C. Hinsdale Scholarship fund.
A request was received from the Dean of the Medical School for an
appropriation of $10,000 for reduction of expenses to the patients in
the Obstetrical Clinic, thus presumably increasing the number of
patients available for teaching purposes. A motion was made and
seconded to grant this request. A substitute motion was made to
refer the request for sympathetic consideration to a committee to
consist of the President, Vice-President Bruce, Dean Furstenberg, and
Dr. H. A. Haynes, Director of the University Hospital. The substitute
motion carried, all voting aye with the exception of Regent Hemans
and Regent Murfin, who both voted no. The Board voted that the construction of an obstetrical unit at the Hospital be given consideration
as part of the building program.
The Board declined to authorize signature to any agreement providing for collective bargaining between any division of the University
or the University as a whole on the one hand, and any group of
employees on the other.
The Board declined approval of the proposed combined curriculum
in the Western State Teachers College of Kalamazoo and the Medical
School of the University. This disapproval was on the grounds of the
present excess number of applicants for admission to the Medical