University Day, celebrated annually on October 12, commemorates the laying of the cornerstone of Old East on that date in 1793. University Day was first held in 1877 and featured a Glee Club performance and a lecture from university president Kemp Plummer Battle on the charter and establishment of the university. Music and speeches have been a part of the ceremonies ever since. In 1906 the university first awarded honorary degrees during the ceremony, and in 1907 it began the tradition of a procession through campus to Memorial Hall. Two U.S. presidents have spoken at University Day celebrations, both held in Kenan Stadium: John F. Kennedy, in 1961, and Bill Clinton, as part of the UNC bicentennial celebration in 1993.