MINUTES OF THE MEETING

of the

FINANCE COMMITTEE OF THE
STATE BOASD OF AGRICULTURE"
April 14, 1955

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The meeting of the finance Committee was held in the Green tioom of the. Union, starting with
dinner at 6:00 p.m. with the following members present:

Messrs. Brody, Rouse, Smith; Miss Jones; President Hannah, Treasurer May and Secretary  McDoriel

Absent: Ixir. Akers, Mr. Mueller

Scudder, Stevens, and Clark and £tr« Cress recommend the purchase of the following stocks from
Pension Retirement Funds:

800 shares of Central and Southwest at approximately $33: per share or a
total of $26,1+00

300 shares of Panhandle Eastern Pipe Line at $Sk per share or a total of $25,300.

Report of
Finance
Committee

Adjourned..

MINUTES OF THE MEETING

of the

STATS BOARD OF AGRICULTURE
April" 15/1955

Present:  Mr, Brody, Chairman; Messrs. Rouse, Smith; Miss Jones; Dr. Taylor; President

Hannah, Treasurer May and Secretary McDonel

Absent: 

Kir. Akers, Mr. Mueller

The meeting was called to order at 10:15 a.m.

The minutes of the previous meeting were approved.

SPECIAL MISCELLANEOUS

1.  Approval of the report of the Finance Committee above.

On motion of Mr. Rouse, seconded by Dr.-.Smith, it was voted to approve the. recommendation of
the Finance Committee.

2,  The following resolution relative to Michigan State College employees* participation in

the Social Security program was presented:

WilEREAS, the legislature ox. Michigan has recently amended the statute per-

taining to old age survivor insurance, and

WHEREAS, it is the desire of .this Board to fulfill its function in presenting

the matter of adoption to the employees  of the institution as expeditiously a s
possible,

NOW, THEREFORE, IT BE RESOLVED that President Hannah notify the Governor of this

desire of the State Board of Agriculture by communication calling attention to the
requirement that a proclamation is required setting time and date for the holding of a
referendum among eligible employees for the acceptance of a plan of Social Security
coverage effective January _u 1955*

On motion of Mr* Brody, seconded by Miss Jones, it was voted to approve the above resolution.

PRESIDENT*S REPORT

!•• Appointment of Gregory A. Miller as Instructor in Administrative and Educational Services
at a salary of $7500 per year on a 12-month basis, effective April 11, 1955, and paid from
National Vocational Education funds.

2.  Establishment of a Clerk II position in the Alumni Office*

NEW BUSINESS

Resignations and Terminations

•:finance Oom.
) report
japproved.

•Approval of
I resolution
|re: M.S.C..
^employees1
•participation
!in Social
; Security
iprogram.

jAppt. Gregory
jA.Miller Inst«
|Adm. & Sduc.
^Services.

|C1. II pos.
^i  Off.

^Resignations

1.  Betty M. Sorrells, it-H Club Agent Wayne County, effective March 31, ±955 for health reasons*

2.  John Ft. Davis, Instructor in Agricultural Engineering, effective March 31* 1955*•to accept

a position at Purdue University#