![]() Endowment funds have been established for the two accounts. Communication has been given to the Ann Arbor Trust Company and Scudder, Stevens & Clark to include the above stocks in the portfolio of the University. The investment income will be used to fund special projects of the MSU Development Fund. ![]() Even though our holdings in this company are being reduced, we will want to hold onto this stock per the wishes of the donor. Baker of 3,648 shares of Dow Chemical Company stock. and Hannah Baker Endowment Fund This fund is being established with a gift from William J. ![]() The investment income is going to be used as an unrestricted scholarship. In the future, if Scudder, Stevens & Clark recommends the sale of American Hospital Supply Corporation stock, we would like to give this 1,000 shares separate consideration. The president of the company made this donation in memory of his wife. This stock should be added to the University's investment portfolio. Widick of 1,000 shares of American Hospital Supply Corporation stock. Widick Memorial Scholarship Fund This fund is being established with a gift from Jack N. Through the Office of the Vice President for Development, the Trustees at today's meeting are receiving gifts for the establishment of the following new endowment The following members were present: Trustees Carrigan, Huff, Martin, Merriman, Radcliffe3 Stack, Stevens, and Thompson President Wharton, Executive Vice President and Secretary Breslin, Vice President Wilkinson, Provost Cantlon, Vice Presidents Nonnamaker and Scott, Assistant to the President Ballard, Attorney Carr. MINUTES OF THE MEETING of the MICHIGAN STATE UNIVERSITY FINANCE COMMITTEE President Wharton called the Finance Committee meeting to order at 7:40 a.m.
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