The University of Missouri is being sued by Michigan-based Hillsdale College for allegedly failing to honor the wishes of a late benefactor who willed the university $5 million to fund six professorships on the express condition they be held by believers in laissez-faire economics.
Financier Sherlock Hibbs, who died at age 98 on July 5, 2002, graduated from the University of Missouri—which is often referred to as Mizzou—in 1926.
