University Daily Kansan, April 25, 1985
Page 7
CAMPUS AND AREA
Company backs chair for geology professor
By DeNEEN BROWN Staff Reporter
A $200,000 chair is being built to hold a professorship in the KU department of geology.
The first payment of a $200,000 gift from Union Pacific Foundation will be made today to the Kansas Teachers College to establish a geology professorship.
Williams L. Adams, president of Champlin Petroleum Co., is scheduled to present the first of five $40,000 installments to the Endowment Association to create a Union Pacific/Champlin chair in geology. Champlin is a subsidiary of Union Pacific Corp.
Steve Menaugh, Endowment Association director of public relations, said yesterday that the endowed gift would be used to supplement the benefits he provided would be selected by the department of geology to hold the chair.
Ernest E. Angino, chairman of the department of geology, said the department had not yet chosen a professor to hold the chair.
"THIS IS THE first payment of five," Angino said. "While the $200,000 chair I sold built, the team got to make it at what point do we fill the chair."
Angino said the person chosen to fill the chair could be a professor presently working in the department or someone from outside the University; however is selected will be able to research his chosen field of geology.
The creation of the professorship by Champin is a testimonial that several KU geology graduates had worked so fruitful in the company, Angino said.
In a news release, Adams said that
the company established the professorship with KU because the University had long been recognized as an outstanding geology department.
"It's crucial for this nation to produce highly qualified scientists for the extractive industries, for research and for education." Adams will chair wiliasize the University in continuing to fill that critical need."
ADAMS, WHO RECEIVED a bachelor's degree in geology from KU in 1951, has been president and acting officer of Champlin since 1982.
An Endowment Association official said the professorship might not have been established with KU if Adams had not been a KU graduate. Union Pacific Foundation grants are used to private schools, the official said.
Menaugh said the principle of the $200,000 would be invested and only the income made on the investment would be supplemented the salary of the professor
"They will never invade the principle," he said. "It will last forever. Rather than using the $200,000 principle, it's always going to grow. Five years down the road, the person who holds the chair will be receiving more money as a supplement."
Besides managing funds for the Union Pacific/Champin chair, the Endowment Association also manages the Gulf Oil/Hedberg professorship and the Merill W. Haas professorship in geology.
OPEN HOUSE
Anschutz Sports Pavilion 12:30 p.m.-3:30 p.m. Sat., April 27
Take a tour of Anschutz Sports Pavilion with a KU athlete! Representatives from the following groups will be there to answer any questions you may have about the facilities at Anschutz.
sponsored by the Rock Chalk Rowdies and the KU Athletic Department
Football team
Football team Men's & Women's Basketball team Men's & Women's Tennis team Men's & Women's Track team Spirit Squad
Desumé Service*
- Don't wait till the last minute*
* Cover Letters * Word Processing
* 5 E. 7th 841.1286
SENIOR COOKOUT!
Here's your chance (it may be your only chance) to order a free burger cooked by KU's deans—exclusively for the senior class.
The Adams Alumni Center's north terrace and parking lot will be cleared so that seniors can party with free burgers,free beverages,good tunes and good times—all served with gusto!
You'll also want to tour the inside of the Adams Alumni Center, check out the records system that will follow you the rest of your natural life and consider the many benefits of alumni membership at a discount for seniors.
You must present your KU i.d. card to prove that, indeed, rank doth have its privileges. (If it rains, we'll move indoors.)
TONIGHT!
5:30 to 8 p.m.
Adams Alumni Center 1266 Oread Avenue
Sponsored for the Class of 1985 by the KU Alumni Association
Sponsored by Interfraternity Council and Panhellenic
Pre-lease A New Condominium
Experience the quality of a quiet atmosphere.
There'll be plenty of free draws and barroom carousing this
at the
Fri., April 26th
at the Lawrence Opera House for the
5th Annual AΓΔ/Fiji RODEO
Events 6:30-8 p.m. Party 8 p.m.- midnight Live music from the FANATIX
all proceeds go to
Juvenile Diabetes Foundation
Donations: $4 advance/$5 door