Current Minimum Wage. Texas adopts the federal minimum wage rate. Effective July 24, 2009, the federal minimum wage is $7.25 per hour. The Texas Minimum Wage Act does not prohibit employees from bargaining collectively with their employers for a higher wage. With specified restrictions, employers may count tips and the value of meals and lodging toward minimum wage.
The university officially opened on October 1, 1891 to 555 students. On the university's opening day, Founding President David Starr Jordan (1851â1931) said to Stanford's Pioneer Class: [Stanford] is hallowed by no traditions; it is hampered by none. Its finger posts all point forward..
Stanford was founded in 1885 by Leland Stanford, former Governor of and U.S. Senator from California and leading railroad tycoon, and his wife, Jane Lathrop Stanford, in memory of their only child, Leland Stanford, Jr. , who had died of typhoid fever at age 15 the previous year.