MINUTES OF THE MEETING
BOARD OF TRUSTEES
April 19, 1963
Mr. Varner recommended that the dormitory rates at Oakland
University be increased to $385 per trimester.
On motion by Dr. Smith, seconded by Mr. Merriman, it
was voted to approve this item.
On April 16 Mrs. Wilson delivered 5,000 shares of Clark
Equipment stock to the University. I do not have the exact
value of this stock, but since the market closed at 36 it
will be valued somewhat lower than that figure. If we use
35 ¾% as the average price for the day, it would mean
that the balance due on her $2,000,000 gift will have been
reduced to approximately $425,000.
I would like Board authority to sell the 5,000 shares of
Clark Equipment stock at market.
On motion by Mr. Vanderploeg, seconded by Mr. Merriman, it
was voted to approve this item.
Resignation of Robert J. Wisner as Associate Professor of
Mathematics effective April 15, 1963.
Change in salary for David C. Beardslee, Associate Professor
Psychology, from $9,500 to $10,300 effective May 1, 1963.
Change in salary for Norman Susskind, Assistant Professor
of Foreign Languages, from $7,400 to $8,200 effective May
Change in salary for Paul Tomboulian, Associate' Professor
of Chemistry, from $8,700 to $9,500 effective May 1, 1963.
Reclassify Director of Personnel AP-V to Director of Personnel
Cancel Director of Public Safety AP-V position
Establish Departmental Secretary V position in the Oakland
Alumni Education Program Office
When the Trustees authorized Oakland University to proceed
on a trimester basis, it was understood that academic employees
who had formerly been on a 10-month basis and who would under
the new plan be doing the equivalent of a full year's teaching
in the period between late August through late April should
be compensated the full year's salary for two semesters of
When these employees teach a full-time third semester, it
is understood that they should be compensated for full-time
work at the rate of 3 per cent of their annual salary per
week, or 45 per cent of their annual salary for a full additional
semester of teaching, and that part-time employees should
have their compensation adjusted based on the percentage of
a full-time load actually carried.
Formal action by the Trustees approving this rate of compensation
is now required for the trimester beginning April 24 and ending
August 9, 1963.
Gifts and grants:
Gifts to be used under the direction of W. S. Collins in
a. A phonograph record collection valued at $65 from Mrs.
M. L. Burman of Detroit
b. A collection of records valued at $200 from Columbia Records
of Bridgeport, Connecticut.
c. A Gulbransen electronic organ valued at $1,200 from the
Community National Bank.
d. A collection of records valued at $18.50 from Mrs. Laurens
Hare of Birmingham.
e. 407 yards of material valued at $565.73 from an anonymous
donor to make dresses for the ladies in the chorus.
f. Collection of records valued at $50 from James Wagner,
g. A large record changer valued at $200 from Mr. and Mrs.
Theodore O. Yntema of Bloomfield Hills
Gifts from William T. Gossett of Bloomfield Hills to be used
under the direction of Hollie Lepley in Physical Education,
a. An Everlast hydraulic rowing machine valued at $210
b. An Exercycle valued at $395
Gift of a 1959 Ford tractor valued at $1,600 from the Ford
Motor Company of Birmingham. (p.135)
Grants as follows to be used for the Student Loan Fund, account
a. $220 from Mrs. H. J. Brown and Mrs. Russell Grinnell
b. $13 from Sara Jane Venable of Lansing.
Grant of $5,000 from A. Glenn Wilson of Pontiac to begin
a trust fund and to be deposited in account 92-3421.
Gift of 24 shares of General Motors Corporation common stock
valued at $1,293 from an anonymous donor for the Oakland University
Scholarship Fund, the proceeds to be credited to account 91-3357.
Mr. May is authorized to sell this stock at the current market
Grant of $100 from Mrs. R. J. Williams of Birmingham to help
cover costs of Meadowbrook Ball for the benefit of the Scholarship
Grant of $1,000 from Theodore O. Yntema of Dearborn to be
used under the direction of Chancellor Varner to establish
a student music listening facility.
Gift of 100 shares of Ford Motor Company common stock, sold
to Oakland University at $10.50 per share and valued at $45.50
per share, from Theodore O. Yntema of Dearborn. The value
of his gift is estimated to be $3,500 and is to be credited
to the Discretionary Gift Fund.
Grant of $5,000 from Roger Kyes to be used under the direction
of W. S. Collins in Music at his discretion. The donor wishes
to remain anonymous.
Grant of $97.50 from Margie R. Kresge of Bloomfield Hills
to be used by the Meadowbrook Theatre Guild to obtain a curtain
for the Fine Arts Festival.
Gifts for the scholarship fund:
$162 from the Alpha Delta Kappa Sorority of Pontiac
$300 from Consumers Power Company of Pontiac
$5 from Carole Bunke
$5 from Edward Heubel of Oakland University
$200 from H. A. Fitzgerald and Mr. and Mrs. A. Girard of Bloomfield
$125 from the Ford Motor Company Educational AID Program of
$90 from the Green Lake Women's Club
$279 from the Michigan Bell Telephone Company of Pontiac
$36.57 from the Oxford Child Study Club I of Oxford
$324 from the Republican Committee of Oakland County of Birmingham
$648 from T. M. Rinehart, Jr. of Detroit
$324 from Mr. and Mrs. John Shenefield of Bloomfield Hills
$335 from James C. Zeder of Bloomfield Hills
$648 from the Royal Oak Tribune
$685 from the Women's National Farm & Garden Association
of Union Lake
On motion by Mr. Stevens, seconded by Mr. Vanderploeg, it was voted to approve all Oakland University items.
Oakland University, Kresge Library
2200 N Squirrel Rd., Rochester, MI 48309
(248) 370 - 4426