Word: rhind
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Dates: during 1940-1949
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...reply to a dormitory investigation committee report that room rental fees have contributed a profit of $40,000 yearly to the Institute's income since 1937, D. L. Rhind, bursar at M.I.T., said that this money was used to help pay salaries and other operating expenses...
...Rhind also said that the board of trustees had established, years ago, a policy of realizing two percent of the dormitories' value yearly, and added that, since the institute had spent $72,000 for renovations since the end of the war, the increased prices will result in only half the normal net income...