Lindenwood Female College Board of Directors Minutes Of Fall Meeting
The Board of Directors discussed the vacancy on the Board, reviewed the College's financial state including operating deficits for the 1946-1947 year, and established a committee to recommend tuition fees for 1947-1948. Additionally, the Board authorized the officers to make no intangible tax return for the institution and discussed faculty morale, authorizing a 10% salary increase for faculty members. The Board reviewed various committee reports, authorized the purchase of additional shares of Industrial Bancshares Corporation, ratified the construction of two quonset huts for faculty use, and discussed the selection of a new College President.