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Page 20 text:
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Standing (left to right) : Byron V. Kanaley, Thomas H. Beacom, Timothy P. Galvin, Frank C. Walker, John P. Murphy, Edward J. Doyle, Charles F. Williams, Joseph A. LaFortune, John C. Tully, Father John J. Burke, C.S.C., T. B. Cosgrove, Father Theodore M. Hesburgh, C.S.C. Seated (left to right) : Father Theodore Mehling, C.S.C., Father John J. Cavanaugh, C.S.C., P. C. Reilly, Joseph Byrne. The Associate Board of Lay Trustees JWICE EVERY YEAR 28 men from all parts of the nation assemble on the Notre Dame campus for the express purpose of helping to direct the Uni- versity ' s financial policies. Individually, each man has become a success in his particular line of business; col- lectively, these men serve as the Associate Board of Lay Trustees, and as such, bear much of the respon- sibility and credit associated with the University ' s ever- growing business affairs. In the fall of 1920, during the presidency of the late Rev. James A. Burns, C.S.C., this board was first or- ganized and charged with the responsibility of holding, investing and administering endowment funds of the University. At this time, it was realized that a board of lay trustees would be indispensable if the University were to achieve its goal physical and academic matu- rity. Even in 1920 Notre Dame could include among its friends and alumni men from every corner of the nation. Blessed with this gift of outstanding mental genius, the University seriously embarked on a process of development which even today is far from the ulti- mate goal. ., Today the Board is composed of 28 men, four of whom are of the Congregation of Holy Cross. The remain- ing twenty-four men are nationally well-known leaders who have a sincere love of Notre Dame and realize its needs and hopes, and friends, who have unselfishly devoted their time and energies for the betterment of their adopte d alma mater. Indeed, it cannot be said that the Board has no interest other than financial in Notre Dame, since within the physical makeup of the Board there is a committee on administrative and educational affairs, and another on Alumni and Public Affairs. Each of these committees accepts as its function the greater development of unity and understanding of two groups, within and without Notre Dame. The first group strives for a betterment of student affairs in the realm of academic progress and better under- standing of administrative duties. The second committee attempts to cultivate greater public interest in the University and to maintain a close relationship between the alumni and their alma mater. The Board of Lay Trustees has, in the past, succeeded, despite serious drawbacks. They can point to Notre Dame and say that they had a major role in guiding it to its present status of world-wide admiration and esteem. But their duties are not over, nor is the Board satisfied, for it is their desire to make Notre Dame the guiding light of Christian education, to bring her bene- fits not only to her own students, but to spread this tradition throughout the world. PACE 18
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Page 21 text:
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Associate Board of Lay Trustees UNIVERSITY OF NOTRE DAME MR. THOMAS H. BEACOM Office of the lire president The First National Bank of Chicago 33 South Clark Street Chicago, Illinois MR. BYRON V. KANALEY Office of the President Cooper, Kanaley and Company 120 South LaSalle Street Chicago, Illinois MR. JOHN P. MURPHY Office of the President The Higbee Company Cleveland, Ohio MR. JOSEPH M. BRYNE, JR. Office of the Vice Chairman The Port of New York Authority 828 Broad Street Newark, New Jersey MR. TERENCE B. COSGROVE A ttorney-tit-Law 458 South Spring Street Los Angeles, California MR. EDWARD J. DOYLE f !li, ' of the President Commonwealth Edison Company 72 West Adams Street Chicago, Illinois HON. JOSEPH P. KENNEDY Room 953 130 Park Avenue New York 17, New York MR. JOSEPH A. LaFORTUNE Office of the Vice President Warren Petroleum Corporation M. Oklahoma MR. JOHN L. MCCAFFREY Office of the President International Harvester Company 180 North Michigan Avenue Chicago 1, Illinois MR. C. ROY McCANNA Chairman of the Board Bank of Burlington Burlington, Wisconsin MR. I. A. O ' SHAUGHNESSY Office of the President The Globe Oil and Refining Company W-3072 First National Bank Building St. Paul, Minnesota MR. PETER C. REILLY Office of the President Reilly Tar and Chemical Corporation 1615 Merchants Bank Building Indianapolis, Indiana MR. GEORGE W. STRAKE Gulf Building Houston, Texas MR. JOHN C. TULLY 215 South Spring Street La Grange, Illinois MR. WALTER DUNCAN LaSalle State Bank Building LaSalle, Illinois MR. CONSTANTINE E. McGUIRE Cosmos Club Washington, D. C. MR. BERNARD J. VOLL Office of the President Sibley Machine and Foundry Corporation South Bend, Indiana MR. CHARLES T. FISHER Office of the President Fisher and Company Fisher Building Detroit, Michigan MR. JOHN MOODY Office of the President Moody ' s Investors Service 65 Broadway New York, New York HON. FRANK C. WALKER 1600 Broadway New York, New York MR. TIMOTHY P. GALVIN Attorney-at-Law Calumet Building Hammond, Indiana MR. ERNEST M. MORRIS Chairman of the Board Associates Investment Company South Bend, Indiana MR. CHARLES F. WILLIAMS Office of the President The Western and Southern Life Insurance Company Cincinnati, Ohio PAGE l
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