Laws Hall (Miami University)
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Laws Hall is a building at
Miami University Miami University (informally Miami of Ohio or simply Miami) is a public university, public research university in Oxford, Ohio, United States. Founded in 1809, it is the second-oldest List of colleges and universities in Ohio, university in Ohi ...
. Until 2009, the building was home to the School of
Business Administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...
, hosting classes of
accountancy Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activities and conveys ...
,
finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
,
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
,
management Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...
,
supply chain A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distri ...
and
marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
. The building is under construction and is being renovated to become a library for multiple schools at
Miami University Miami University (informally Miami of Ohio or simply Miami) is a public university, public research university in Oxford, Ohio, United States. Founded in 1809, it is the second-oldest List of colleges and universities in Ohio, university in Ohi ...
. Miami often renovates buildings after 40 years, which is one of the many reasons Laws Hall is under construction. The introduction of the
Farmer School of Business The Farmer School of Business (FSB) is the business school at Miami University in Oxford, Ohio, offering on-campus undergraduate and graduate programs, as well as online graduate programs. The school and the Department of Accountancy are accredit ...
made Laws Hall obsolete for the business school, and its purpose is being changed and discussed.


History

In September 1959, the building, which was called Laws Hall after the dedication in October, was built. The School of
Business Administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...
was one of the most elite in the country at the time, and was one of the earliest introduced, compared to other similar schools. Students would study the fundamentals of business within Laws Hall. It was one of the biggest and most advanced buildings on campus at the time it was built. The building cost $1,701,000 when it was built 1959. The general contractor for the build was Knowlton Construction. The gross square footage of the building is 69,454 and was one of the largest academic buildings on Miami's campus when it was first opened. Laws Hall was the meeting place for many student associations and business meetings. The building's second floor was intended and designed for large conferences for the respected officers of the university to make important decisions affecting the school.
Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio. It was founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/con ...
donates large amounts annually to the school. As the school for
Business Administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...
, P&G helped fund the construction, which in turn led the university to dedicate the second floor east hallway to the company.


Samuel Spahr Laws (1824–1921)

The Business Administration building was dedicated on October 9, 1959 after
Samuel Spahr Laws Samuel Spahr Laws (March 23, 1824 – January 9, 1921) was an American minister, professor, physician, college president, businessman and inventor best known today as the inventor of the Laws Gold Indicator, a predecessor of the ticker tape mac ...
, class of 1848. An employer of
Thomas A. Edison Thomas Alva Edison (February11, 1847October18, 1931) was an American inventor and businessman. He developed many devices in fields such as electric power generation, mass communication, sound recording, and motion pictures. These inventions, ...
, inventor of the
stock market ticker Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion t ...
, minister,
lawyer A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system, as w ...
,
physician A physician, medical practitioner (British English), medical doctor, or simply doctor is a health professional who practices medicine, which is concerned with promoting, maintaining or restoring health through the Medical education, study, Med ...
,
financier An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of in ...
, vice president and manager of the
New York Gold Exchange The New York Gold Exchange was an exchange formed shortly after the beginning of the American Civil War for the purpose of creating an open market for transactions involving gold and the government-created paper currency, the greenback. Establi ...
, and college president of the
University of Missouri The University of Missouri (Mizzou or MU) is a public university, public Land-grant university, land-grant research university in Columbia, Missouri, United States. It is Missouri's largest university and the flagship of the four-campus Univers ...
. He was named as one of the most illustrious graduates of
Miami University Miami University (informally Miami of Ohio or simply Miami) is a public university, public research university in Oxford, Ohio, United States. Founded in 1809, it is the second-oldest List of colleges and universities in Ohio, university in Ohi ...
, whose worldly impact was to never be forgotten on Miami's grounds through the dedication of "Laws Hall." Because Laws Hall was built to house the School of
Business Administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...
, this selection seemed fitting.


Future

In 1999, the steering committee determined that the School of Business would no longer function in Laws Hall and
Upham Hall Upham Hall may refer to: * Upham Hall (Marycrest College), a contributing property to the Marycrest College Historic District Marycrest College Historic District is located on a bluff overlooking the West End of Davenport, Iowa, United States ...
and potential sites were researched and studied. The university sought for the School of Business to be housed in one building to improve programs, student services and effective communication. The new instructional spaces will reflect a shift toward small-group work, seminar instruction, and experiential learning. Ted Christian, the Laws Hall project manager said "Laws Hall is currently going through rehabilitation. Because the building was built in 1959, Miami University tries to rehabilitate the building about every 40 years to make sure they're current and energy efficient." When the project is finished, the bottom two floors of Laws Hall will be a library for science, business, engineering and psychology. It is projected that this project will be complete next fall. The inside of Laws Hall will be updated with new flooring, new paint and new furniture. The school stated that because of the small sizes of new classes and more offerings of different times for classes, some business might still be hosted in Laws Hall.


References


External links

{{Miami University Buildings and structures of Miami University