MINUTES OF THE MEETING
of the
BOARD OF TRUSTEES
April 21, 1960
Attorney Lee Carr and Chancellor D. B. Varner
recommend the following resolution:
It Appearing to the Board of Trustees of
Michigan State University, pursuant to authority heretofore
granted September 18, 1959, that satisfactory arrangements
for the financing of the faculty housing project at MSU-O
have been effected, and
It Appearing that the several financing agencies
involved in said project are agreeable to accepting promissory
notes secured by leasehold mortgages executed by the prospective
lessees, subject to additional security in the form of a
written guaranty of payment by the Board of Trustees in
the event of default by the principal obligor;
Now, Therefore, be it Resolved,
That the President and the Secretary or Treasurer,
are authorized to execute on behalf of the Board of Trustees,
the guaranty of payments on interim construction and/or
long-term financing incident to the faculty housing project
at MSU-O, subject to the approval of the University attorney.
On motion by Mr. Huff, seconded by Mr. Stevens,
it was voted to approve the above resolution.
Appointments:
Appointment of Charles Frederick Hofman as Assistant
Professor of Foreign Languages at $7,200 effective September
1, 1960.
Appointment of Norman Susskind as Assistant
Professor of Foreign Languages at $6,500 effective September
1, 1960.
Appointment of Melvin Cherno as Assistant Professor
of History at $7,200 effective September 1, 1960.
Promotions:
George T. Matthews (History) to Professor
William Schwab (English) to Associate Professor
Gerald M. Straka (History) to Assistant Professor
Richard J. Burke (Philosophy) to Assistant Professor
Gifts to Scholarship Fund:
$5 from the Huron Valley Farm Bureau of Milford
$10 from Elizabeth Seaman Leggett P.T.A. of Pontiac
$10 from Thomas M. Cooley P.T.A. of Drayton Plains
Grant of $6 from the Faculty Folk Club of East
Lansing to be used for the purchase of a book for the MSU-O
Library. (p. 59)