The record documented a summary of comments made by key personnel of Lingnan Trustees and Lingnan University, against The United Board's Proposal of having a 'United relationship".
Most comments were opposed to The United Board's proposal, and recommended Lingnan to be operated as an individual agency. The document concluded by noting the United Board's intention to end the existing arrangement by the end of the fiscal year ending June 30, 1957, and would appointed Bank of New York to serve as Assistant Treasurer to the Lingnan Trustees and to perform most of functions as previous performed by the United Board.
