 |
 |
 | Board of Visitors minutes June 11, 1948 |  |
The regular monthly meeting of The Rector and Visitors of the University of Virginia was
held on this date at 10 o'clock in the Office of the President of the University of Virginia, Charlottesville,
Virginia, with the following present: The Rector, Edward R. Stettinius, Jr.; President
Colgate W. Darden, Jr., of the University of Virginia; Dr. M. L. Combs, President of Mary Washington
College; Mr. Edgar E. Woodward, Treasurer of Mary Washington College; Visitors Barksdale, Black,
Calcott, Garnett, Gay, Mears, Miller, Wailes, and Willis. Absent: Anderson, Carrington, and Trout.
The minutes of the meeting of May 21, which had been copied and mailed to the members, were
approved.
The President announced the following gifts:
GIFTS
| From the General Education Board for research fellowships and for the development of the library at the Mountain Lake Biological Station, the grant to terminate December 31, 1948 |
$1,650.00 |
| From alumni of the University of Virginia Medical School, to establish the Tiffany J. Williams Memorial Lectureship |
820.00 |
Upon recommendation of the President, the following resignations, promotions, and elections
were approved. Mr. Gay refrained from voting in the promotions of Dr. Bishko, Dr. Finger, and Dr.
Molyneaux, and in the election of Mr. Boggs.
RESIGNATIONS
RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the resignation of Dr. William Arthur Evelyn McBryde, Acting Assistant Professor of Chemistry,
be and the same is accepted at the end of the session of 1947-48. We wish for him the highest success
in his new undertaking.
RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the resignation of Mr. Herbert Palmer Fullerton, Associate Professor of Engineering Drawing, be
and the same is accepted at the end of the session of 1947-48. We wish for him the highest success
in his new undertaking.
PROMOTIONS
Dr. Lewis Machen Hammond, from Associate Professor to Professor of Philosophy, effective
September 16, 1948.
Dr. Charles Julian Bishko, from Assistant Professor to Associate Professor of History,
effective September 16, 1948.
Dr. Frank Whitney Finger, from Assistant Professor to Associate Professor of Psychology,
effective September 16, 1948.
Dr. John Lambert Molyneaux, from Assistant Professor of Sociology, part-time, to Associate
Professor of Sociology, part-time, effective September 16, 1948, at a combined annual salary of
$5,104.00 for this position and his work in connection with the Bureau of Population and Economic
Research.
Mr. James Ernest Berdahl, from Instructor to Assistant Professor of Music, effective September
16, 1948.
Dr. Allan Talbott Gwathmey, from Research Associate to Assistant Professor of Chemistry,
effective September 16, 1948.
Mr. Lawrence Greaver, from Instructor to Assistant Professor of Mechanical Drawing, effective
September 16, 1948.
Mr. Melvin Winfrey Aylor, from Instructor to Assistant Professor of Mathematics in the
Department of Engineering, effective September 16, 1948.
ELECTIONS
Mr. Earl Ruffner Boggs as Acting Associate Professor of Education, part-time, for a two-year
period, beginning September 16, 1948, at a session salary of $3,000.
Dr. Truman Arthur Botts as Acting Assistant Professor of Mathematics for the session of
1948-49 at a session salary of $3,510.00.
Mr. Thomas I. Crowell as Acting Assistant Professor of Chemistry, beginning September 16,
1948, at a session salary of $3,510.
Dr. Cecil Alan Hutchinson as Assistant Professor of Latin-American History, effective
September 16, 1948, at a session salary of $3,510.
Mr. John L. kiey as Instructor in English for the session of 1948-49, beginning September
16, 1948, at a session salary of $2,830.
Mr. John Keith Stewart as Instructor in English for the session of 1948-49, beginning
September 16, 1948, at a session salary of $2,830.
Dr. Samuel Doswald Sturkie as Associate Professor of Preventive Medicine, part-time, at an
annual salary of $2,000 from the University, effective July 1, 1948. He will also serve as Health
Officer for the Joint Board of Health of Charlottesville and Albemarle County.
REPORT OF THE FINANCE COMMITTEE
Mr. Barron F. Black, Chairman of the Finance Committee, presented a detailed report of all
of the actions of the Committee in regard to the handling of the securities of the Consolidated Endowment
Funds of the University for the period January 1st, 1947 to January 1st, 1948.
Messrs. L. B. Gunn and Mr. Harvie Wilkinson, of the State-Planters Bank and Trust Company
of Richmond, the agent handling the funds for the University, were present to answer any questions
and to receive any suggestions regarding the handling of these funds.
Mr. Gunn reviewed the report in detail, impressing upon the Board the objectives which had
been sought and the results obtained. He stated that an effort had been made to eliminate a number
of small units so as to consolidate the investments of the Fund into fewer and more appropriate units,
and that the number of individual investment units had been reduced from 195 in 1947 to 145 as of
the present date.
He stressed also that there had been an effort to dispose of those investments of less than
top quality, particularly in bonds and preferred stocks and where they had moved up in price so that
the yield when compared with yields on better quality securities failed to compensate for the risk of
continued retention of these securities. This change had been made with a loss of income of only
$2,000 per annum, or 4/100ths of 1% of the total income.
The statement showed that for the twelve months ending January 25th, 1948 the gross yield
on the Fund was 3.98% on the book value of the securities and the net yield 3.80%. The expenses of
handling the Fund were 18/100ths of 1%. Mr. Gunn also pointed out that the investments of the Fund
were now 52% in bonds and 48% in stocks.
Mr. Wilkinson commented briefly on a survey of the endowment funds of twenty-five leading
universities, and he gave the following yields for several of these:
| Columbia University | 7.50% | (high yield due to large investment in real estate) |
| Harvard University | 4.25% | |
| Yale University | 3.65% | |
| Princeton University | 3.80% |
Mr. Wilkinson then briefly outlined the program being followed by a number of universities in the
handling of their endowment funds following various investment formulas. He pointed out some of the
difficulties resulting from a strict adherence to a set formula, and stated that he does not believe
any mechanical formula will work over an extended period in the securities market.
All of the actions of the Finance Committee and its Agent, as shown in the report, were
approved, and there were remarks of commendation from the Board, the Rector stating that the report
was a very complete one, showing great effort and foresight. Mr. Stettinius further suggested that
there should be some interchange of investment information among the trustees of the various endowment
funds of the University. The following resolution offered by Mr. Stettinius was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that the President be
and he is hereby directed to work out some arrangement for the interchange of investment information
among the trustees of the various endowment funds of the University.
Mr. Gunn stated that at the time the Consolidated Fund was transferred to the State-Planters
Bank and Trust Company, all securities held by the various trustees of the University were examined
by investment officers of the State-Planters Bank and that changes in the portfolio of the Consolidated
Endowment Fund were suggested to the Finance Committee, based on the securities held in the several
trust funds.
RANDALL-MACIVER BEQUEST
The Chairman of the Finance Committee requested that the recommendations concerning the
Randall-MacIver bequest be deferred until the next meeting, and such deferment was approved.
WEDDELL BEQUEST
Mr. Gay reported that the bequest of $5,000 made to the University by the late Alexander
W. Weddell would be received within a few days, but that Mrs. Weddell's bequest might not be received
for some time because of tax complications in the settlement of her estate.
LUCY W. KAY SUIT AGAINST UNIVERSITY HOSPITAL
Mr. Gay presented, for Mr. W. Allan Perkins, Attorney for the University, the matter of a
suit instituted by Lucy W. Kay against The Rector and Visitors of the University and Dr. C. S.
Lentz, Administrator of the University Hospital, jointly and severally, for $10,000 damages arising
out of an accident which occurred on the corridors of the University Hospital where the plaintiff
fell and broke her arm. The following resolution was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that Mr. W. Allan Perkins,
Attorney for the University, be and he is hereby directed to defend the University and Dr. Lentz
jointly and severally in the above-described suit.
MORAN PROPERTY
At the request of President Darden, Mr. Perkins investigated the possibility of securing
an option on the estate "Montebello" which adjoins the property of the University in the vicinity
of Scott Stadium and which is owned by the three Moran sisters. The President had hoped that if
such an option could be secured, the University would be able to proceed with the purchase of certain
lots owned by other parties which adjoin the Moran property. Mr. Perkins also provided the
Board with a plat of the property, showing the adjoining lots, together with the prices at which
the present owners would sell these lots. Because of the high values placed on the lots it was
decided not to attempt to purchase them at this time. The following resolution was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that Mr. W. Allan Perkins,
Attorney for the University, be and he is hereby directed to effect an option on the property known
as "Montebello" owned by the Misses Edna, Sarepta and Virginia Moran, and that he be requested to
prepare the appropriate documents to consummate said option, and -
BE IT FURTHER RESOLVED that Mr. Perkins be and he is hereby directed to inform the owners
of the adjoining lots that the University is not interested in purchasing these lots at the present
RITCHIE PROPERTY
The question of the purchase of the Ritchie property was referred to the Buildings and
Grounds Committee with the request that recommendations be made at the next meeting of the Board.
The Board vested in the Committee authority to authorize the purchase of the property if the Committee
and the President deem it advisable.
SUMMER MEETINGS OF THE BOARD
A resolution was adopted that no scheduled meetings of the Board be held during July and
August, but that the Rector be authorized to call a meeting at such time as he deems advisable.
ALLOCATION OF PAVILION IV
The following resolution was adopted:
BE IT RESOLVED by The Rector and Visitors of the University of Virginia that, in the event
the offices of the President are moved from their present location in Pavilion IV on Fast Lawn, this
pavilion be assigned to Dr. Robert K. Gooch.
EMERGENCY HOUSING
The following resolution was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that the President of the
University be and he is hereby authorized to request the Federal Government to transfer to the University
all emergency housing located at the University of Virginia to which the Federal Government
now holds title.
This resolution has been drafted to comply with one of the provisions of H.R. 5710,
Eightieth Congress, better known as the McGregor Bill, now pending before Congress.
ROTC TRANSPORTATION UNIT
In order to comply with Government regulations, the following resolution was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that Mr. W. D. Johnson
be and he is hereby designated Military Property Custodian of the University with power to requisition,
receive, store and account for military property and otherwise transact matters pertaining thereto,
for and in behalf of the University of Virginia.
CURATOR OF BAYLY ART MUSEUM
At the request of the President, consideration of the appointment of a Curator for the
Museum of Fine Arts was deferred until the next meeting.
COMPENSATION OF CLINICAL MEDICAL FACULTY
The following resolution was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that the President be and
he is hereby authorized to modify the salary scale of the clinical faculty of the Department of Medicine
as approved by the Board on December 12, 1947, in order to permit the following:
1. A graduated salary scale for assistant professors, with no change in the basic salary
but with annual increments to be permitted in the amount of compensation to be retained by such professors
from their private practice earnings;
2. A similar arrangement for associate professors;
3. A ceiling of $3,000 for instructors.
AND BE IT FURTHER RESOLVED that the President is requested to report to the Board at its
next meeting the complete salary plan as finally agreed upon.
COMPENSATION OF PRE-CLINICAL MEDICAL FACULTY
The following resolution was adopted:
RESOLVED by The Rector and Visitors of the University of Virginia that the salary plan as
set forth below be and it is hereby adopted as the salary schedule for the pre-clinical staff of the
Medical School, effective for the session 1948-49.
| RATE | |||
| ANNUAL | MONTHLY FOR 10 MONTHS |
INTERVAL IN CALENDAR MONTHS BETWEEN STEPS |
INCREASE IN ANNUAL RATE |
| Instructors | |||
| Not to exceed $3,000. | |||
| Assistant Professors | |||
| $ 4,000 | $ 400 | 24 | $300 |
| 4,300 | 430 | 24 | 300 |
| 4,600 | 460 | 24 | 300 |
| 4,900 | 490 | 24 | 300 |
| 5,200 | 520 | -- | --- |
| Associate Professors | |||
| $ 5,500 | $ 550 | 24 | $500 |
| 6,000 | 600 | 24 | 500 |
| 6,500 | 650 | 30 | 500 |
| 7,000 | 700 | 30 | 500 |
| 7,500 | 750 | -- | --- |
| Professors | |||
| $ 7,500 | $ 750 | 30 | $625 |
| 8,125 | 812.50 | 36 | 625 |
| 8,750 | 875 | 36 | 625 |
| 9,375 | 937.50 | 36 | 625 |
| 10,000 | 1,000 | -- | --- |
"LITTLE EASTERS"
The following resolution was adopted:
RESOLVED that the Rector be and he is hereby directed to write a letter to the President
expressing the displeasure of the Board of Visitors with the conduct of certain members of the student
body during "Little Easters" week end and with the failure of the fraternities to abide by the
rules and regulations which had been agreed upon.
LIBRARY FEES
The following resolution was adopted:
BE IT RESOLVED that the Bursar be and he is hereby directed to examine the resolution of
the Board of Visitors authorizing the issuance of bonds for the construction of the Alderman Library
and to report to the Board at its next meeting the provisions governing the use of funds derived from
the library fee of $20.00 imposed upon each student at the time the Alderman Library was constructed.
ANNUITIES
The Board directed the Bursar to prepare a statement showing the cost to the University of
annuities purchased from the Teachers Insurance and Annuity Association, together with the estimated
cost to the State of providing retirement pensions for these annuitants if the University did not
make such provision from its endowment funds.
PUBLICATIONS
The following resolution was adopted:
BE IT RESOLVED that the President be and he is hereby requested to investigate the financing
of all University publications and make recommendations concerning such publications to the Board at
its next meeting.
CARY LANGHORNE TRUST
Mr. Garnett reported that Mr. Cary Langhorne in his will had established a trust fund which
would approximate $500,000, the income from which is to be used for the maintenance of the original
Jeffersonian buildings and grounds of the University. The income from this trust is being paid to
Mr. Langhorne's widow for the remainder of her life and then is to come to the University.
The Rector and President were asked to write to Mrs. Langhorne expressing the appreciation
of the University for this handsome gift.
TUITION AND FEES
Proposals to increase tuition and fees were approved by the Board as set forth below.
| VIRGINIANS | NON-VIRGINIANS | |||
| Present | Proposed | Present | Proposed | |
| College | $110 | $150 | $310 | $350 |
| College (Architecture) | 127.50[1] | 167.50 | 310 | 350 |
| Law | 235 | 235 | 275 | 350 |
| Medicine | 350 | 350 | 500 | 600 |
| Engineering | 160 | 200 | 310 | 350 |
| Graduate | 90 | 125 | 150 | 200 |
| Education | 110 | 150 | 310 | 350 |
| Education | 60[2] | 100 | 235[3] | 275 |
| Present | Proposed | |
| Library | $20.00 | $20.00 |
| Medical | 15.00 | 15.00 |
| Athletic | 15.00 | 15.00 |
| Student Publications | 2.00 | 3.00 |
| Present | Proposed | |
| Architecture 21, 22, 25, 26, 27, 28, 29, and 30 | $ 7.50 | $ 7.50 |
| Architecture 9, 10, 11, 12, and 16 | 2.50 | 2.50 |
| Biology | ||
| Biology 1, 2, 110, 111, and 202 | 5.00 | 7.50 |
| Botany 101 and 102 | 5.00 | 7.50 |
| Zoology 101 and 102 | 5.00 | 10.00 |
| Zoology (all courses except 101 and 102) | 5.00 | 7.50 |
| Chemistry (each laboratory course) | 10.00 | 10.00 |
| Breakage deposit (refundable) | 5.00 | 5.00 |
| Engineering Drawing 111 and 112 | 7.50 | 7.50 |
| Geology 1 and 2 | 1.50 | 5.00 |
| Geology 7 and 8 | 2.50 | 2.50 |
| Physics 1 and 2 | 5.00 | 5.00 |
| Physics 3 and 4 | 7.50 | 7.50 |
Virginia students who are enrolled as candidates for the degree of B.S. in Architecture
beyond the first session pay a tuition fee of $127.50.
UNIVERSITY BUDGET FOR 1948-49
The budget for the University Division for the year 1948-49, copies of which had been given
members of the Board at the meeting on May 21, was approved as presented by the President. Revenues
for the year were estimated at $4,389,240 and expenditures at $4,256,388, leaving an estimated surplus
of $132,852.
The Board requested that if at all possible the President make available a contribution on
the part of the University toward the publication of "Corks and Curls," the University yearbook.
HOSPITAL BUDGET FOR 1948-49
The budget for the Hospital Division of the University for the year 1948-49, copies of which
had been mailed to members of the Board several days prior to the meeting, was approved as submitted
by the President; Mr. Gay refrained from voting in this matter. Estimated revenues for the Hospital
for the year were $1,671,995 and estimated expenditures $1,769,509, leaving an estimated deficit of
$97,514.
MARY WASHINGTON COLLEGE MATTERS
The following promotions were approved; Mr. Gay not voting.
PROMOTIONS
Dr. Alan Stanley Peirce, from Assistant Professor to Associate Professor of Biology with an
increase in salary from $3,450 to $4,100.
Dr. Earl G. Insley to Associate Professor with an increase in salary from $3,850 to $4,100.
REVENUE BONDS
Consideration was given to the issuance of bonds to provide funds for the completion of the
dining hall and cold storage plant at Mary Washington College. The matter was referred to the Finance
Committee with authority to direct the attorney of the University, in collaboration with the Bursar, to
prepare an appropriate resolution authorizing Mary Washington College of the University of Virginia to
issue revenue bonds in an amount necessary to complete the dining hall and cold storage facilities at
Mary Washington College.
REPORT OF THE MARY WASHINGTON COMMITTEE
The report of the Committee on the Consolidation of Mary Washington College with the University
of Virginia was accepted and approved as presented by Mrs. Wailes, chairman of the committee.
REPORT OF THE COMMITTEE ON THE
CONSOLIDATION OF MARY WASHINGTON COLLEGE
WITH THE UNIVERSITY OF VIRGINIA
June 11, 1948
The Act of February 22, 1944 (Acts 1944, Chapter 54, page 55) having become effective on
June 24, 1944, provides that Mary Washington College shall be converted into a liberal arts college
for women, the title of which shall be Mary Washington College of the University of Virginia, with
the same standards of admission and graduation as obtain for male students in the College of Arts
and Sciences of the University located at Charlottesville . . . and that this conversion shall be
effected during a period not to exceed four years.
The Committee herewith presents a brief report as to the status of the conversion of Mary
Washington into a liberal arts college according to the Act, and according to the plan approved by
the Rector and Board of Visitors on December 9, 1945.
CURRICULUM CHANGES:
All of the specialized programs or curricula have been discontined except those courses
necessary to permit students to complete major programs under the old plan. In accordance
with the Act, no new students were accepted for the session 1944-45 for programs in technical
education. However, since other specialized curricula were not eliminated by Board
action until after the beginning of the 1944-45 session, these latter programs will not be
completed until next year.
Two elective courses in education have been retained in the curriculum to enable graduates
to qualify for the Collegiate Professional Certificate with the stipulation that credit for
courses of this nature may not exceed 10% of credits required for the degree. (By action
of the Board, September, 1947.)
COURSES OF INSTRUCTION:
The college is now organized on a semester basis and the departmental type of organization
has been completed. A number of new courses and instructors have been added to replace
those eliminated through the conversion of Mary Washington into a liberal arts college.
New majors in Economics and Business Administration, Philosophy, Political Science,
Sociology, and in Home Economics have been inaugurated during this four year period. The
latter major leads to a degree of Bachelor of Science in Home Economics, but its courses
do not have a vocational aim. For non-majors, only twelve hours of work in this field
may be counted toward a liberal arts degree. It is further understood that a maximum of
twelve hours credit, only, in these, and in practical education courses may be counted as
electives for the B.A. or B.S. degrees. A program of Honors Work was introduced for the
1947-48 session and will be extended.
DEGREES:
The degrees of Bachelor of Arts, Bachelor of Science (by action of the Board, March 26, 1946)
and Bachelor of Science in Home Economics (by action of the Board, November 22, 1947) are
offered. Degree requirements have been strengthened as stipulated in the plan of conversion
and basic requirements are equal for the degrees.
FACULTY:
The faculty is having regular monthly meetings and its Committee on Academic Standards and
Legislation has carried on a number of studies, the results of which were reported back to
the faculty with recommendations for action.
It is significant that of the eighty-seven faculty members there remain only six who were
members of the State Teachers' College faculty of 1928. These six are considered among the
most valuable and loyal of the entire teaching staff and are still rendering invaluable service
to the College. Of the faculty members listed in the current catalogue, 74% have been
at Mary Washington for ten years or less.
During the four year period faculty salaries were increased three times. The first increase
was made for the session 1945-46 in accordance with the so-called "Tuck Formula," paid, however,
from college funds. The other two general increases were by action of the Board. There
have, of course, been individual merit increases.
The Committee is of the opinion that as to training and experience this whole group represents
a faculty of college calibre in the true sense. The President and Dean of the College
commend the faculty also for competence in teaching and for loyalty.
LIBRARY:
The Committee on the Consolidation, aware of the importance to an educational institution
of an adequately equipped and staffed library, recommended an annual library appropriation
for Mary Washington of at least $50,000 to be used for increases in library personnel, for
the purchase of books and magazines, for binding, equipment and etcetera, under the direction
of the librarian. As of May 1st, the college treasurer reports library expenditures of
$43,389 for the year 1947-48. Two new professional staff members have recently been added -
a full time reference librarian and one full time person to take charge of documents. It
is most gratifying to see that the number of volumes in the library has been increased from
30,776 in 1944 to 65,000 in 1948, representing, according to the librarian, not only quantitative,
but also qualitative progress.
PLANT:
While it has been impossible to carry out the building program as planned on account of
scarcity of materials and excessive costs, the college plant has been increased substantially
by the purchase of several properties; i.e., "Brompton" (which has been restored),
"Framar" (the Reichel home), "Trench Hill," the Jenkins property, and the Benoit property,
a strip of land joining the new highway on the north.
Excellent detailed reports by President Combs and Dean Alvey are appended.
We believe, and so report to the Board, on the basis of information as incorporated in this
report and in the reports of President Combs and Dean Alvey appended hereto, and in the current college
catalogue, that the conversion of Mary Washington into a college of liberal arts as required by
the Act of Legislature of February 22, 1944, and according to the plan approved by the Rector and Board
of Visitors on December 9, 1945, has been accomplished.
However, in the opinion of the Committee the need for the following improvements is noted
and they are urgently recommended:
Increased laboratory and class room facilities;
Additional dormitory space to relieve crowding in dormitories and placement of
students in off-campus homes;Salary scale equal to that of the College of Arts and Sciences of the University
for comparable rank and position so as to hold and attract outstanding teachers;Additions to faculty to reduce teacher-student ratio when needed.
Chairman
There being no further business to come before the meeting, the same was adjourned after
a motion to that effect had been made, seconded, and carried.
Edward R. Stettinius, Jr.
Rector
Secretary
| Board of Visitors minutes June 11, 1948 | |