University of Alabama dean Stewart J. Lloyd, right, conducted the first full-scale study of the

Courtesy of W.S. Hoole Special Collections Library, The University of Alabama Libraries

Stewart J. Lloyd and Lyman D. Toulmin

University of Alabama dean Stewart J. Lloyd, right, conducted the first full-scale study of the potential for a for-profit research institute in the state. He is shown here with geologist Lyman D. Toulmin.