MINUTES OF THE MEETING
BOARD OF TRUSTEES
February 19, 1959
It is necessary for the Board to approve a resolution covering
the loan agreement for the Student Center at Michigan State
University-Oakland now under contract. The resolution as prepared
by Mr. Cress of the Ann Arbor Trust Company and subject to
approval of the Board attorney was presented for approval
and will appear in full in the permanent records.
On motion of Mr. Stevens, seconded by Dr. Smith, it was
voted to approve the above-mentioned resolution.
On January 21, Mrs. Matilda Wilson transferred an additional
2200 shares of Clark Equipment Company stock to the State
Board of Agriculture in accordance with the contract in which
she agreed to make payments at certain stated times covering
the $2,000,000 cost of the construction of the first unit
at Michigan State University-Oakland. This stock was sold
by Mr. May at a price of 60 7/8 per share. It, is necessary
for the Board to authorize the usual resolution authorizing
the sale of this stock and authorizing Mr. May to sign the
On motion of Mr. Stevens, seconded by Mr. Brody, it was
voted to authorize the appropriate resolutions covering
the sale and transfer of this stock and to instruct the Secretary
to write Mrs. Wilson expressing the continuing gratitude of
the Board for this stock and for the complete cooperation
that she is giving Michigan State University in the development
of Michigan State University-Oakland.
Recommendation that D. B. Varner be given the title of Chancellor
of Michigan State University-Oakland, effective immediately.
In this capacity he will report to the Board through the President
of Michigan State University in the same manner as all other
operations of the University. Mr. Varner will continue as
Vice President of Michigan State University, carrying on certain
responsibilities in that capacity for an indefinite period.
On motion of Mr. Stevens, seconded by Mr. Harlan, it
was voted to approve the above recommendation.
Grant of $30,000 from the Oakland County Board of Supervisors
in Pontiac to assist in the construction of the Student Center
Building at Michigan State University-Oakland.
On motion of Dr. Smith, seconded by Mr. Rouse, it was
voted to authorize the Secretary to convey to Mr. Delos
Hamlin, Chairman of the Board of Supervisors, Pontiac, Michigan,
the sincere thanks of the State Board of Agriculture, for
their generous gift to assist in the construction of the Student
Center Building at MSU-O.
Bids were received as follows for finished grading and landscape
work at Michigan State University-Oakland:
It is recommended that the contract for this work be awarded
to the low bidder, Harry White & Sons, Inc., of Pontiac
at a cost of $23,922.76. Funds for this work are included
in the project budget. (p. 35)
Mr. Swanson of Swanson Associates had lunch with the Board
and presented his final report on the work done at Michigan
State University-Oakland. (p. 36)
Oakland University, Kresge Library
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