r II llVlft ji ill M-jnri' Z iiiii /—>. /~N > Ulll / ■ I The Pendulum Thursday, March 14, 1985 Volume XI, Number 20 Trustees honor board chairman Thad Eure By Vicky Jiggetts Student Affairs Editor Thad Eure has been chairman of the Elon College Board of Trustees for 30 years. He was elected as Secretary of State in 1936 and has been successful in the office in each succeeding elec tion, He was honored here last Wednesday when the “Thad Eure Chair of Political Science” was established for him at Elon Col lege. Royall Spence of Greensboro, vice-chairman of the board, said that the chair should be “occupied in perpetuity by an outstanding member of the col lege faculty." Eure graduated from the University of North Carolina School of Law in 1922, then began a prestigious career in public service. He has been in public office longer than any other North Carolinian, and has been dean of the National Association of Secretaries of State for almost 25 years. In 1923, he was elected mayor of Winton and Thad Eure held that office for five years. Eure served one term in the North Carolina House of Represen tatives, and was later appointed principle clerk of the North Carolina House. He was an important speaker at the North Carolina Democratic Convention in 1950 and served as permanent chairman of the con vention in 1962. 1978, and 1982. Eure also served in World War I. is a member of the American Legion, the 40 and 8, the Elks Club, and Thata Chi. Elon College awarded Eure the Honorary Dcxtor of Laws degree in 1958 and the Citizens Service Award in 1980. Other awards include the Cita tion for Distinguished Public Ser vice by the N.C. Citizens for Business and Industry, the Award of Merit from N.C. State Univer sity, and the Distinguished Ser vice Award from the American Legion and N.C. Elks Association. Photo by Ann Cralidis Photo by Ann Cralid Sunbathers left to right, Stacey Cain and Lisa Alley watch the clock to be sure of even tans while David Rich (on the couch) doesn’t seem to mind the passing minutes. Time to turn over! Trustees review PRIDE II, loan cuts, hotel funds By Vicky Jiggetts Student Affairs Editor Fine Arts Center investments, reductions in student aid, and in vestments in the Vienna Hotel in London were topics discussed during the Board of Trustees meeting on March 6. The State Department of Revenue is considering the sale- leaseback proposal to determine what the property tax status of the Fine Arts Center will be after in vestors buy it and Elon leases it back, Elon’s legal advisers are hoping that the plan will be ap proved within the next few weeks and that sales to investors could start by June 1, 1985. The Federal Tax Reform proposals no longer pose a large threat to the sale-leaseback proposal. The worst possible effects of the pro posals would be to cause uncer tainty among potential investors and to decrease college revenue from S2.5 million to $2 million. There will be enough funds to construct the total Fine Arts Center if the sale-leaseback pro ject is successful. If the sale- leaseback is unsuccessful, there will be sufficient funds to con struct only the music wing of the building. Debts could reach $2 million if the board decides to go ahead with the project and the .sale-leaseback is unsuccessful. Elon could possibly handle such a debt if the enrollment remains stable. See Trustees page 2 Elon alum speaks out p.5 Student spends winter term in New Zealand Winning streak Baseball team wins 6 in a row p. 9

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