12/18/1957

UCCSN Board of Regents' Meeting Minutes
December 18-19, 1957




12-18-1957
Volume 7 - Pages 398-399

                    UNIVERSITY OF NEVADA
                       REGENTS MEETING
                      December 18, 1957

The Board of Regents met in special session in the office of Re-
gent Thompson on Wednesday, December 18, 1957, to consider the
termination of contract with President M. W. Stout.  Present:
Regents Bastian, Broadbent, Elwell, Grant, Hardy, Lombardi,
Sawyer, Thompson; and President Stout.  Regent Anderson was out
of town.  The meeting was called to order by Chairman Grant at
5:15 P.M.

Reporters who covered the meeting were Jim Hulse of the Nevada
State Journal, Frank Johnson of the Reno Evening Gazette and
Clark Biegler of United Press.

Chairman Grant called on Mr. Thompson, who read the following
statement, and moved that it be adopted, subject to the con-
currence of Dr. Stout.  Mr. Broadbent seconded the motion, and
it carried by unanimous vote, with President Stout's concurrence.

    It is mutually agreed that Dr. Minard Stout has resigned
    fully and completely from his position at the University
    of Nevada effective December 31, 1957; that, upon his own
    request, he has been relieved of all duties and responsi-
    bilities in connection with the University as of said date;
    that the University of Nevada shall pay to him the sum of
    $12,500 in full settlement of all claims against the Uni-
    versity; Dr. Stout shall have the use of the President's
    home at 1080 Mt. Rose Street, Reno, Nevada, until April 1,
    1958; that this resolution shall be submitted to the At-
    torney General of Nevada for preparation of a proper release
    to be executed by Dr. Minard Stout.  (Releases filed with
    permanent minutes.)

The following letter was read by Chairman Grant and ordered a
part of the minutes of the meeting.

    December 18, 1957

    Mr. Archie Grant
    Chairman of the Board of Regents
    University of Nevada
    Reno, Nevada

    Dear Mr. Grant:

    I regret that I cannot be at the Regents meeting today, but
    must leave for Pasadena for a Southwestern Regional Rhodes
    Scholarship Selection Committee.

    I am in favor of President Stout terminating his connection
    with the University of Nevada as discussed informally after
    the last meeting and for the amount of settlement that was
    estimated.

    I believe that Vice President Wood should function as Acting
    President until the selection of a new President.  I am
    agreeable to either leaving Dr. Wood's title as it is or
    changing it to Acting President.

    Sincerely Yours,

                         /s/ Fred M. Anderson, M. D.

Motion was made by Mr. Sawyer, and seconded by Mr. Elwell, that
the Chairman appoint a committee of the Board of Regents to make
recommendation to the Board at the January 4, 1958 meeting for
the interim operation of the University commencing January 1,
1958.  The motion carried unanimously.  Chairman Grant appointed
Regents Hardy, Anderson, Lombardi and Thompson.

The meeting adjourned at 5:35 P.M.

                             A. C. Grant
                             Chairman

Alice Terry
Secretary