DePaul University - Depaulian Yearbook (Chicago, IL)

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OF TRUSTEES The importance of the Lay Board of Trustees cannot be over- looked in the development of DePaul University. Although the decisions made by these men are not binding, their background, education and business experience enable these men to efficiently fulfill their purpose, that of serving as an advisory group. The five lay members of the Legal Board of Trustees, John F. Mannion, Stephen A. Mitchell, Arthur J. Schmitt, Sherman J. Sexton and Leo J. Sheridan are also members of the Lay Board of Trustees. Chairman of this Board is Mr. Sexton. Other members include Bernard J. Fallon, an attorney; Stanley P. Farwell, president of the Business Research Corporation; E. Roy Fitzgerald, president of National City Lines; the honorable Cornelius J. Harrington; Conrad J. Hilton, president of Hilton Hotel Corporation; the honorable James J. McDermott; James E. O ' Rilev, president of the Chicago Sugar Company; David M. Sharer, comptroller of DePaul University; John L. Sullivan (ex officio appointment) president of the Alumni Association; and Henry F. Wolf, former president of the Pepsodent Division of Lever Bros., Inc. The past year saw the resignation of Britton I. Budd, president of the Public Service Company of Northern Illinois. Because he felt other duties were so pressing that he could no longer devote enough time to both the Legal and Lay Boards, Mr. Budd felt it advisable to resign after many years of service. The University keenly feels his loss and fully appreciates the time, energy and effort Mr. Budd devoted to his position. Board of Trustees at Regular Meeting Sherman J. Sexton Bernard J. Fallon Stanley P. Farwell E. Roy Fitzgerald Cornelius J. Harrington Conrad J. Hilton James J. McDermott John P. Mannion Stephen Mitchell James E. O ' Riley Sherman J. Sexton Arthur J. Schmitt David M. Sharer Leo J. Sheridan John L. Sullivan Henry F. Wolf

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BOARDS Very Reverend Comerford J. O ' Mallev, CM., S.T.D. MEMBERS Rev. Edward J. Kammer, CM., Ph.D. Rev. Albert L. Dundas, CM., A.M. Rev. John R. Corlelyou. CM. Rev. Emmet Gaffney, CM. Rev. Thomas A. Mahoney, CM. John P. Mannion Stephen Mitchell Rev. Joseph G. Phoenix. CM. Rev. William T. Powers. CM. Rev. A. P. Schorsch, C M. Arthur J. Schmitt Leo J. Sheridan Rev. Theodore J. Wangler, CM. Sherman J. Sexton The capacity in which the Legal Board of Trustees serves DePaul University is comparable to the board of directors of a corporation. It is the top board of control which determines the broad general policies and budget of the University. According to the constitution, ten members of this Board must be Vincentian Fathers and the other five laymen. The total member- ship of the Board is fifteen. Presiding over this Board are the Very Reverend Comerford J. O ' Malley, CM., S.T.D.. LL.D., president: Rev. Edward J. Kammer, CM., Ph.D., vice president; and Rev. Albert L. Dundas, CM.. A.M., secretary-treasurer. The other members include Fathers John R. Cortelyou, CM., Emmet Gaffney, CM., Thomas A. Mahoney. CM., Joseph G. Phoenix, CM., William T. Powers. CM., A. P. Schorsch, CM. and Theodore J. Wangler, CM. Five prominent Chicagoans comprise the lay membership of this Board. They are John P. Mannion, vice- president of the Continental Illinois National Bank and Trust Company; Stephen A. Mitchell, partner in Bishop, Mitchell and Burden law firm; Sherman J. Sexton, president of John Sexton and Company; and two new members, Arthur J. Schmitt. president of the American Phenolic Corporation; and Leo J. Sheridan, president of the real estate firm of L. J. Sheridan Co. Among their other duties this year, the Legal Board of Trustees has elected the president and treasurer of the University, reviewed recommendations lor degrees and diplomas and furthered in general the development of DePaul as an outstanding University in all fields of education.

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I THE VERY REVEREND COMERFORD J. O ' MALLEY, C. M., S. T. D., President of De Paul University