Index of Memorial Resolutions and Biographical Sketches
CHARLES L. PRATHER
Charles L. Prather, professor emeritus of finance, died on August 19, 1978. He was 79.
Professor Prather was born on August 14, 1899, in Ashmore, Illinois. He earned a bachelor's degree from Eastern Illinois State University in 1922. He was awarded master's and PhD degrees from the University of Illinois in 1923 and 1927, respectively.
Professor Prather taught at the Universities of Illinois, Pittsburgh, and Washington, and at Syracuse University prior to joining the faculty of The University of Texas at Austin in 1946, where he taught until his retirement in 1966. Dr. Prather served as chairman of the Department of Finance from 1948 to 1953. He also served as president of the American Finance Association. An authority in his field, he was the author of Money and Banking, a best-selling textbook, and Financing Business Firms.
Professor Prather was recognized with a teaching excellence award from the UT Students' Association in 1963. He was awarded the Jack G. Taylor Teaching Excellence Award from the College of Business Administration in 1964.
Dr. Prather served as an infantryman in World War I and won several medals, including the Croix de Guerre. During World War II, he served as a U.S. Army colonel, specializing in economics and finance.
John R. Durbin, Secretary
The General Faculty
Biographical sketch prepared by Teresa Palomo Acosta and posted on the Faculty Council web site on December 20, 2000. Additional biographical sources can be found in the Barker Texas History Center and the UT Office of Public Affairs.