Index of Memorial Resolutions and Biographical Sketches
CHESTER F. LAY
Chester F. Lay, retired professor of accounting and management, died in October 1979. He was 84.
Professor Lay was born on February 8, 1895, in Ozark, Illinois. He received a bachelor's degree from Southern Illinois Normal University in 1917 and master's and doctoral degrees from the University of Chicago in 1923 and 1931, respectively.
Professor Lay taught at the University of Arizona and Oregon State College. He joined the faculty of The University of Texas at Austin in 1925. He specialized in managerial uses of accounting, and personnel administration. He taught at UT Austin until 1944, when he resigned to accept the presidency of Southern Illinois Normal University. He returned to teaching when he accepted a position at Southern Methodist University in 1948, where he taught until 1950.
Professor Lay was a member of the American Accounting Association, the American Economic Association, and the American Management Association.
John R. Durbin, Secretary
The General Faculty
Biographical sketch prepared by Teresa Palomo Acosta and posted on the Faculty Council web site on February 21, 2001. Additional biographical sources can be found in the UT Office of Public Affairs.