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John Motley Morehead, Honorary Member
William R. Kenan, Honorary Member
Luther H. Hodges, Honorary Member
John W. Clark, Honorary Member
Frank P. Graham, Honorary Member
Gordon Gray, Honorary Member

Messages were received from the following members expressing regrets and stating reasons for their inability to be present:

Bowman Gray
C. L. Tate
William C. Barfield
Luther Hamilton
Mrs. L. Richardson Preyer
Fred L. Wilson
Irwin B elk
Frank P. Graham
Gordon Gray
Robert B. Jordan, III

Minutes:

The minutes of the last meeting of the Board were approved without reading, a copy having been mailed to each member.

Statement of President Friday

"Mr. Chairman, Ladies and Gentlemen of the Board of Trustees:

"On November 12, 1962, the Board of Trustees amended the University Code so that the number of regular meetings each year was increased from two to three. Until now, regular meetings have been held only in the winter and spring. Henceforth, a meeting will be held in the fall of each year as well as in the winter and spring. This is the first such regular fall meeting.

"This is also the first meeting of the Board of Trustees since the General Assembly adjourned in June. A legislative year is always a significant and interesting year for the University. This one was particularly interesting and significant. A higher education bill incorporating the recommendations of the Commission on Education Beyond the High School and a special committee of the Board of Trustees was passed giving effect to a comprehensive plan for development of facilities for public higher education and needed broadening of educational offerings within the University. The biennial budget as finally approved authorized substantial sums for salaries, necessary equipment, land, and buildings. Our faculty members and employees were heartened by the Legislature's action authorizing improvements in the state retirement plan to provide for a shorter vesting period and increased retirement contributions and benefits. The trustees as well as the Administrative officers and faculties have reason to commend and thank the Governor, the budgetary authorities, and our legislators for these wise and farseeing actions.

Speaker ban law

"Along with such measures of inestimable benefit to the State and to higher education, however, the General Assembly of 1963 passed, on the very last day of the session, a law of an altogether different character, effect, and import. I refer to the law passed on June 26 entitled 'An Act to Regulate Visiting Speakers at State Supported Colleges and Universities.' The concern that we feel in the University about this measure and the basis for our concern are known to most of you from our discussions in a series of informal meetings with trustees and the notice taken in the public press of expressions by many educational leaders and citizens. I wish to make some observations on the measure before this body so that my views shall be quite clear. I shall ask the Chancellors to speak also so that they may state and you may hear their views.

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