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a physical disability that prevents his plans for gainful employment outside of State Government after June 30, 1963; and

WHEREAS, on June 21, 1963, Mr. Vann submitted to the Chancellor of North Carolina State College a request that he be placed on official sick leave effective May 1, 1963, and this request is supported by a certificate of entitlement to accumulated sick leave amounting to a minimum of 265 working days, computed in accordance with the regulations governing sick leave entitlements of employees of the State of North Carolina, and is further supported by a certificate of disability signed by his attending physician, Dr. Charles B. Wilkerson, Jr. , of Raleigh, North Carolina;

NOW, THEREFORE, BE IT RESOLVED that the Executive Committee of the University of North Carolina Board of Trustees rescinds its approval of the personnel report submitted by the Chancellor of North Carolina State College on March 11, 1963, insofar as it pertains to the retirement of Mr. J. G. Vann, Business Manager, effective June 30, 1963, and authorizes that he be placed on official sick leave effective May 1, 1963, for a period of not more than 265 working days or until such time within this period that his physician certifies that he can return to employment without physical impairment caused by his stroke of May 1, 1963, at which time he shall be placed in retirement status; and

BE IT FURTHER RESOLVED that during such time as Mr. Vann may be on official sick leave he shall be designated as "Business Manager Emeritus" and shall receive compensation at the rate that was in effect on May 1, 1963; namely $13,700 per annum, payable at the rate of $1,141.66 per calendar month.

Mr. Taylor moved that the above resolution be adopted. The motion was duly seconded, and the resolution was adopted by unanimous vote.

Resignation of Chancellor Aycock

President Friday made the following announcement:

"During the academic year, 1956-57, Chancellor William Aycock agreed to accept the Chancellorship of the University at Chapel Hill with the understanding that at an appropriate time he would return to his professorship in the University's School of Law.

"Several months ago he expressed to me his desire to resume teaching in the Law School beginning in the fall term of 1964. I have honored his request and wish to advise you of this action.

"The unyielding stand of Chancellor Aycock for the freedom of the University, his introduction of constructive administrative procedures, his success in improving financial support of the University, the establishment of new distinguished professorships, and the development of a longrange plan for the growth of the University are but a few of the achievements of his administration.

"No administrator has served the University with greater devotion. His has been a total commitment of mind and strength to advance the University at Chapel Hill to greater accomplishment.

"I am delighted that Chancellor Aycock will continue to serve as Chancellor for the next academic year and thereafter will be available for special assignments which will utilize his experience in University affairs.