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Show FOR CULTURAL' DEVELOPMENT So. Utah Foundation Established In Special Action by Cedar Group Approval of the formation of a Southern Utah Foundation, dedicated dedi-cated to the educational and cultural cul-tural development of the area, was approved Wednesday evening, eve-ning, iov. 28 at a public meeting meet-ing called by a special committee commit-tee of the Cedar City Coordinating Coordinat-ing Council. The committee, chairmaned by Loren A. Whetten, was appointed appoint-ed by the council to undertake a study of the proposed foundation founda-tion for presentation to the public pub-lic for consideration. At the meeting the committee asked those in attendance, and got authorization to establish the foundation to be known as the "Southern Utah Foundation," under the laws of the state of Utah. In addition an election was held to name nine board of directors di-rectors members for the Foundation Found-ation with the elected group also authorized to serve as incorporators incorpora-tors of the non-profit organization. organiza-tion. The nine elected board members mem-bers will serve terms of one, two and three years with new board members to be elected by the Foundation membership each year nt an annual meeting. From the Initial nine the board will determine individual terms of office of-fice three for one, three for two and three for three years and elect officers. The election was held with the following directors named: Robert Rob-ert B. White. Jr., cashier of State Bank of Southern Utah; Dr. Rocd W. Farnsworth, physician and a member of the Utah State University Uni-versity board of trustees; Dixie Leavitt, Insurance agent and recently re-cently elected representative to the Utah State Legislature; Dr. John Real. dontLst and livestock-man; livestock-man; Roy L. Halversen, head of the department of Instrumental music at College of Southern Utah; Francis Betenson, manager of the Cedar City Branch, First Security Bank; L. Robert Gardner, Gard-ner, prominent Cedar City architect; archi-tect; Ilazcn Cooley, treasurer at CSU, and chairman of the central cen-tral committee of the Coordinating Coordinat-ing Council, and Warren H. Bulloch, Bul-loch, businessman and member of the Coordinating Council of Higher Education. Named as temporary chairman of the board was Dr. Farnsworth. Articles of incorporation duplicated dup-licated from the University of Utah Medical Center were read at the meeting and transferred from the Coordinating Council committee to the board of directors di-rectors for further consideration. One aspect of the articles pertaining per-taining to the board was changed chang-ed by a vote of those In attendance attend-ance from a seven man self-perpetuating type to one of election by membership as previously de-rrlUrd de-rrlUrd and elected. Principally the foundation Is set up as a tax-exempt, non-profit organization for which stock will not be issued, and capable of accepting tax-exempt donations. dona-tions. This makes it possible, it was explained, for the foundation to acquire and accept donations for educational purposes that could not be given directly to tax supported sup-ported Institutions owing to various var-ious policies of non-government private businesses. A broad base of operation was (Continued oa Forge 8) FOUNDATION ESTABLISHED (Continued from Front Page) Indicated in the Articles of Incorporation In-corporation to eliminate an early ear-ly need for change as the foundation found-ation began to function, it was indicated. The Foundation, in its stated purposes, would be interested inter-ested In educational and cultural advancements of all kinds in the southern Utah area. They reserve, In those articles, the right to accept any and all types of contributions in money or property and to administer such gifts in the Interest of the donors and also at the discretion of the board of directors. The foundation, according to the Incorporated articles, "is to J firomote, stimulate and support research in any and all fields of education, to give aid and assist --since and to make gifts or contributions contri-butions to any organization which is qualifitd as tax exempt and which is qualified to receive tax exempt gifts to enable such organizations or-ganizations to maintain and carry car-ry on colleges where students may obtain a sound education of the highest order in the arts, sciences, vocations and profes- sions, and to enable such organizations organ-izations to construct physical facilities fa-cilities and to provide furnish-lings furnish-lings or equipment for such pur- 1 poses and do any other acts appropriate ap-propriate to the establishment, maintenance or operation of such college." In addition, the foundation proposes "to provide for the delivery de-livery and holding of lectures, concerts, exhibitions, public meet-' meet-' 2S classes, conferences, and j workshops calculated directly j and Indirectly to advance the j cause of education or cultural development In southern Utah, and to provide for scholarships, fellowships and research grants." |