In the late1960s did UR explore going public?

[FrontRoyalSpider]

A few years ago, I heard that in the mid 1960s UR was in such a financial bind that UR president Dr. Modlin had secret meetings with the state dept of education exploring the possibility of UR becoming a state school. Is there any truth to this situation? Of course the Robins gift of 50 million took care of the situation.
This post was edited on 9/24 10:37 PM by FrontRoyalSpider

 

[Spiders05]

Yes.

 

[urfan1]

My understanding is the same. Also, my understanding, at a latter date the State "offered" us the opportunity to take over the operation of MCV. When we turned it down they "forced" VCU to take it over.

 

[BillyWayne]

Just as some historical trivia, MCV began its existence as the Medical Department of Hampden-Sydney College in 1837. The school was located at 19th and Main in Richmond (not on the H-SC campus) in what had been the Union Hotel. The first class had 46 students. It was not taken over by the state until 1860.