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       Z. Report of Progress of Investigation by Peat, Marwick & Mitchell

       Governor Combs reported that the survey of the Division of Business
Administration was moving forward and the representatives of Peat, Marwick,
& Mitchell had indicated they might be able to make an interim report within
two weeks.

       Mr. Smith made a motion that, in view of the possibility that Peat,
Marwick and Mitchell may be ready with an interim report within two weeks,
when the business of the day was over the session be recessed until 11:00 a.m.,
April 26. The motion was seconded by Mr. Ezelle, and carried.


       A-1. University's Centennial Plans

       In response to a question from Mr. Kingsbury, President Dickey indicated
that the Committee of Fifteen has heen charged with the responsibility of making
recommendations to the Board of Trustees relative to the proper observance
of the University's centennial in 1965. He indicated that this committee, under
the chairmanship of Dr. T. D. Clark, is working on the problem now and should
be able to make a report soon.


       B-1. Meeting Recessed

       On motion duly made, seconded and carried, the session was recessed
at 3:35 p.m. to reassemble at 11:00 a.m. on Friday, April 26, 1963.


                                             Respectfully submitted



James A. Sutherland, Secretary