They had three sons, Franklin W. Jr. (predeceased), John, and Spencer, all three of whom also graduated from Cornell.
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After World War II, Frank Olin retired from management of the firm, leaving it to his sons John and Spencer.
Franklin D. Roosevelt | Benjamin Franklin | Aretha Franklin | Franklin | Franklin Institute | Franklin Delano Roosevelt | John Franklin | Franklin Pierce | Kirk Franklin | Franklin County | Rosalind Franklin | Franklin, Tennessee | Franklin County, Ohio | Franklin Township | Lena Olin | Franklin River | Franklin Bruno | Samuel Franklin Cody | Olin Corporation | Franklin, New York | Franklin District | Spencer Truman Olin | Shirley Franklin | Rich Franklin | Neil Franklin | John M. Olin | Joe Franklin | James Franklin | Franklin National Bank | Franklin J. Moses, Jr. |
In 1905 he moved to Chicago to become the principal of Morgan Park High School, and in 1907 became principal of the progressive and controversial University of Chicago High School, part of the school system created by John Dewey, and now known as the University of Chicago Laboratory Schools.
Within the Engineering program, students may concentrate in Computing (E:C), Bioengineering (E:BE), Materials Science (E:MS), Systems Design (E:SYS), or they may design their own concentrations with the administration's approval.
In 1936, President Franklin W. Johnson commissioned William Addison Dwiggins to design a seal to replace the one then existing, specifying only that it (1) used the same motto as the first and (2) retain the sun as the central theme.
The Crimson Flame is the 77th title of the Hardy Boys series, written by Franklin W. Dixon.
As a resident of Battle Creek, Michigan, Olin served on the Battle Creek Community Foundation Board of Trustees (Grant Review Committee) and as a board member of Michigan National Bank (1983-1996).
In 1880, he acquired the ownership of Franklin W. Smith's Plateau City and founded a settlement in America — Rugby, Tennessee — which was designed as an experiment in utopian living for the younger sons of the English gentry, although this later proved largely unsuccessful.
He was a recipient of the John M. Olin Faculty Fellowship for 2002–2003, and his areas of research and teaching interest include corporate and securities laws, law in India, corporate governance in emerging markets, corporate crime, corporate and managerial liability, and law and economics.
The Franklin W. Olin Humanities Building, built in 1987 and designed by Cathy Simon of Simon Martin-Vegue Winkelstein Moris (prior to its merger with Perkins+Will), serves as the main academic building for the anthropology, history, philosophy, religion, literature, creative writing, foreign languages, art history, and music history department.