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The Michigan Legislature created the University of Michigan in Ann Arbor in 1838, and that year allocated funding for a library. [7] The next year (three years before classes began), the Board of Regents of the University of Michigan acquired the University Library's first volume, John James Audubon's Birds of America, purchased at a cost of $970. [8]
The facility serves as a home base to more than 50 university staff and faculty members from the campuses of the University of Michigan and University of Michigan–Dearborn. Providing a visible symbol of the nearly 200-year relationship between the City of Detroit and the University of Michigan, the U-M Detroit Center serves as a gateway for ...
A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.
It removed the power of the Federal Reserve Board of Governors under the Glass–Steagall Act to use Regulation Q to set maximum interest rates for any deposit accounts other than demand deposit accounts (with a six-year phase-out). [2] It allowed Negotiable Order of Withdrawal accounts to be offered nationwide. [2]
The Regents of the University of Michigan, sometimes referred to as the Board of Regents, is a constitutional office of the U.S. state of Michigan which forms the governing body of the University of Michigan, University of Michigan–Flint, and University of Michigan–Dearborn.
The University of Michigan is a public research university located in Ann Arbor, Michigan, United States. The University of Michigan may also refer to two other universities operating under the University of Michigan Board of Regents: University of Michigan–Dearborn in Dearborn, Michigan; University of Michigan–Flint in Flint, Michigan
The School of Dentistry was established as the College of Dental Surgery by the University of Michigan Board of Regents, following an appropriation by the Michigan Legislature of $3,000 for that purpose. [1] [2] The school's first class consisted of 20 students taught by three faculty members. The first women graduated from the school in 1880.
Shortly after the Territory of Michigan was formed in 1805, several of its leading citizens recognized the need for a structured education. As early as 1806, Father Gabriel Richard, who ran several schools around the town of Detroit, had requested land for a college from the governor and judges appointed by the President to administer the territory.