Jul 1, 1938BoardMeeting
BoardUniversity Trustees Regular Annual Meeting
The University Trustees convened for their Regular Annual Meeting, where President Rudd presented an encouraging report highlighting the University's accomplishments. Despite a business recession, the University's cash income continued to increase, surpassing the previous fiscal year by over $7,000. This financial growth, coupled with reduced expenditures on building and equipment, facilitated increased cash allowances for University staff members and a significant reduction in University debts. Adjourned meetings are being held during the summer to formulate plans for the building program.