Purdy-Kresge Library all divisions into one general library. The merger began with the renovation of the General Library which was renamed the Purdy Kresge Library and all services were stationed on the first floor. In September 1969, Purdy passed but his name will live on at Wayne State University. In 1972, the Wayne State Board of Governors supported the renaming of the General Library as the G. Flint Purdy Library because of his dedication to libraries and Wayne State University. The Purdy-Kresge Library is also named after Sebastian S. Kresge. Kresge was the founder of the S.S. Kresge Company. The company started
C corporation C corporation A C corporation, under United States federal income tax law, refers to any corporation that is taxed separately from its owners. A C corporation is distinguished from an S corporation, which generally is not taxed separately. Most major companies (and many smaller companies) are treated as C corporations for U.S. federal income tax purposes. C corporations and S corporations both enjoy limited liability, but only C corporations are subject to corporate income taxation. Generally, all for-profit corporations are automatically classified as a C corporation "unless" the corporation elects the option to treat the corporation as a flow-through entity