University of Chicago - Cap and Gown Yearbook (Chicago, IL)

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I .ff T Li 1 i,' ' - Ti . A-rm-M--gf W.--aaaaama-Yeas:-as we 2' 5 I., s t A '61 21233 A A F-fe 3 If THE BOARD OF E . 1 T R U s T E E s ' at A - ...Q . - ... f j The Board Of Trustees Of the University consists Of twenty-five persons. Trustees are elected in three classes, each class serving for three years. These classes are as follows: Term expires 1926: Charles F. Axelson, Thomas E. Donnelley, Charles F.. Hughes, Harry B. Gear, Wilber E. Post, Edward L. Ryerson, Ir., Robert L. Scott, Albert W. Sherer, Deloss C. Shull. Term expires 1927: William Scott Bond, Trevor Arnett, Spencer Dickerson, Charles W. Gilkey, Howard G. Grey, Charles R. Holden, Robert P. Lamont, Stuart. Term expires 1928: Eli B. Felsenthal, Samuel C. Jennings, Frank H. Lindsay, Harold F. McCormick, Max Mason, Julius Rosenwald, lWartin A. Ryerson, Harold H. Swift. The Charter provides that Of the twenty-five trustees fifteen shall be mem- bers Of Baptist churches. The Charter, however, sets forth that, NO religious test Or particular religious profession shall ever be held as a requisite for election to said Board Or for admission to said Univer- sity Or to any department belonging thereto-7' From the incorporation Of the University in 1890 there have been sixty-four Trustees. Two trustees, Eli B. Felsenthal and Nlartin A. Ryerson, have been members Of the Board since the beginning. Among its members are bankers, lawyers, capitalists, merchants, directors of large corporations, real-estate ex- perts, manufacturers, a former associate justice of the United States Supreme Court, a minister, a physician, and a university president. The following are the Officers Of the Board: Harold H. Swift, President, Howard G. Grey, First Vice-President, Thomas E. Donnelley, Second Vice-President, Robert L. Scott, Third Vice-President, Albert W. Sherer, Acting Treasurer, Spencer Dickerson, Secretary, John F. Nfoulds, Assistant Secretary, Thomas 'Wakefield Goodspeed, Corresponding Secretary, L. R. Steere, Business Manager, George O. Fairweather, Assistant Business Nfanagerg Nathan C. Plimpton, Auditor. The Board Of Trustees is not a mere figure-head. The Trustees Of the University have never been selected On any other basis than that Of fitness for the trust con- fided to them. Nor have they regarded themselves as other than servants Of and for the University, servants wholly unpaid, trustees for the public, as well as Trustees Of the University. HAROLD H. SVVIFT Prefident Page 13

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me '-f H wry' An,-,A-,,, ,,3:,,, iw-3-, f-Q, ,ax ,, N-A f- ,- .1-, - . f f. Y K . A f .X 7 L, ,., 1' MN ,I ., 5, fn- ,4 , 4 , I' ,,,-,i,l,1, ,.....,...,.r.,.....- f -..J T n ' -.1 .,,,,, ,,..- -,,, 0 A44 1 1 Lx, fws. ! 5. -A ff-' -' '- v ' ,gn-2 E741 -4-x,,x.:.,.,., a .. Y. ,.,.,-i.,,..i,...-.1 :L ...aaa --L- . f iii .... f-WW ,fgg ,',A5 AH THE BOARD OF 559, f 'P TRUSTEES :MTW A, .,.,, 1. 7.-.9 1 ' K T .- - - In the custody of the University and under the Trustees' oversight, is the property valued at more than 565,000,000 They must take steps to invest the endowments. The budget is intended to provide from available income not only for the' com- pensation of the teaching staff and of administrative officers, but for every ex- pense of the University including the salaries of some 2,000 persons. The pro- verbial student on President Hopkins' log is all well enough for metaphor, but steam- heated, electric-lighted dormitories and class-rooms are essential for teachers and , youths during winter on the Midway. The expenses of the University for the fiscal year of 1925-26 are approximately 84,000,000 and every cent of this huge sum must be both conservatively earned and wisely expended. A notable task which devolves upon the Trustees is the development and use of the grounds- campus is the old word not applicable here. The well-considered se- Sammy lection of sites for buildings, their relation to buildings already completed, and others to be erected, requires the highest type of good judgment, and of enlightened foresight. The fact that at the present time buildings costing over 58,000,000 to complete and more than SIS0,000, it is estimated, annually to conserve, is an example of their responsibility. While the Trustees as a body-a corporation-are responsible for the Univer- sity's property and progress, necessarily they must entrust to individuals the administration of their trust. The list of officers of the Board is given herewith. lvfr. Harold H. Swift was elected as Trustee in 1914. He was made President of the Board in 1922, succeeding Mr. Martin A. Ryerson, who had been annually elected for previous thirty years. Mr. Swift is a graduate of the University of Chicago in the Class of 1907, and is one of the six alumni Cincluding Mr. Eli B. Felsenthal, graduate of the old Universityj members of the Board. He was a leader in his student days, he has efhciently served among the alumni, he is an active olhcer of a huge corporation, a citizen who shrinks no duties for the better- ment of his fellow men. He is a careful, fair-minded, time-giving President of the Board. To the University he has been a liberal contributor. Mr. Spencer Dickerson, Secretary of the Board of Trustees, was first elected a Trustee in 1909, and Secretary in 1913. He is also Secretary of the Board of Trustees of the Baptist Theological Union and of that of Rush Medical College. J. SPENCER DICKERSON Page IQ