University of Texas Austin - Cactus Yearbook (Austin, TX)

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Board of Regents Since the founding of The University 50 years ago and the appointment by the Governor and the Senate of the first Board of Regents, 116 men, lead- ing citizens of Texas, have, as members of this body, striven for the progress of The University. Supreme governing body of The University, re- sponsible to the State for all that pertains to The University, this group of nine men has a large variety of duties. Given them by law is the power to determine all University policies, subject only to Federal and State constitutions and laws. In ad- dition they have the following specific powers: to establish the departments of a first-class University, determine the officers and professorships, appoint a president, professors and other officers, fix their respective salaries; enact by-laws, rules, and reg- ulations for the government of The University; reg- ulate the courses of instruction and prescribe, by and with the advice of the professors, the books and authorities used in the several departments; confer degrees and grant diplomas; remove any professor, tutor, or other officer when the interest of Th e Uni- versity requires it. The Board of Regents carries on its business through its regular meetings on the third Tuesday in January, March, May, and October, through special meetings called by the chairman, and through 11 standing committees: auditing, buildings and grounds, College of Mines and Metallurgy, complaints and grievances, executive, finance, land, land leasing Beauford Jester Chairman, Board of Regents board, legislative. Medical Branch, public relations. Members of the Board are appointed in threes for terms of two years each. Regents whose terms ex- pired in January, 1933, were: R. L. Batts, Edward Crane, Robert L. HoUiday. Succeeding Regents are K. H. Aynesworth, H. J. Lutcher Stark, L. J. Sulak. Judge Batts served as chairman until January, 1933; at the February meeting of the Board Beauford H. Jester was named the new chairman. Regent Wilmot Odell resigned September 19, 1932, two months before his death, November 14. Charles I. Francis was appointed to fill the vacancy. Top row. J. T. Scott, W. M. Odell, R. L. Holliday, R. L. Batts, M. F. Yount, L. J. Sulak Bottom row: C. I. Francis, Edward Randall, Leslie Waggeneb, K. H. Aynesworth, Edward Cranb, Lutcher Stark Page 8

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Miriam A. Ferguson Governor, State o{ Texas Governor Miriam A. Ferguson To THE Members of the Class of 1933: I am very glad indeed to accept the invitation of the editor of the Cactus to extend greetings to the members of the class of 1933. You have finished an important era in your life. Your four years in The University have extended your horizon, broadened your vision, and enriched your personal living. Your university experience has in many w ays been unique. Most of you entered The University as freshmen at a time when Texas had felt no financial and economic pressure. In every- day parlance, times were good. You are leaving school to face conditions which are altogether different. Excepting the dark hours faced by the pioneers in their struggle for independence from Mexico and by our grandfathers in the troublous Civil War days and Reconstruction period, never have the people of Texas been called upon to solve problems of so grave a nature. All Texans have cause to be proud that the problems are being faced by our citizens with the courage and common sense of a great people, awed but unafraid in the presence of threatening disaster. Opportunity for personal advancement and for great financial gain will be few indeed for the next few months. Opportunity for service will be un- limited. Fresh minds and hearts, youthful courage and confidence will be greatly needed. To the graduates of 1933 of The University of Texas, I, as your Governor, extend an expression of my con- fidence. I believe you are going to return to your communities admirably equipped to render con- structive, unselfish service to your State. With cordial good wishes, I am, incere ly. Qawntor of Texas. Page?

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The Comptroller Business affairs of The University were first taken care of mainly by the President assisted by the Proctor. Growth of The University increased all the work connected with the institution and necessitated a division of duties that would leave the President more time for administrative and educational work. Recognizing this need, the Regents in 1913 made I. P. Lochridge, Business Manager of The University. Further development of The University led the Regents, September 1, 1925, to create the Comptroller ' s Office and make the Comptroller the direct representative of the President in all strictly business operations not specifically designated to some other officer. J. W. Calhoun, the present Comptroller, was appointed at that time. He has a staff of eleven in his own and the Investment Office and nine in the Auditor ' s Office, which was put under his jurisdiction two years ago. All the property of The University and all the money spent by it for operation of the physical plant — $176,454.14 last year — is under the juris- diction of the Comptroller. He is charged also with administering the $4,000,000 building pro- gram fund and the $18,000,000 permanent fund. Outlined by the Regents, the business under the jurisdiction of the Comptroller is divided into three parts: I. Endowment estates, including permanent funds and other permanent endowments, and the lands and their related problems. This work is done largely through the Investment Office. II. J. W. Calhoun Comptroller Physical plant, entailing (a) operation and mainte- nance, which includes purchasing supplies, seeing to heat, light, and repairs of buildings; maintenance of grounds, overseeing of dormitories, cafeteria, press, workshops, stenographic bureau, use of plant out- side class hours, (b) betterments — campus develop-, ment, new buildings, steam and electric extensions. These duties are performed directly by the Comp- troller and his staff. III. Accounting — receipts and disbursements, handling securities, auditing, and ac- counting. This phase of the work is handled by the Auditor ' s OflBce through which all University monies must pass. C. D. Simmons Investmrnt Statistician C. H. Sparenburg Auditor George Stephens Purchasing Agent W. R. Long Rental Agent Pagt9