My chapter has an interesting way of naming pledge classes. We take the names of our Pledgemaster, Vice-Presidents of Service and Membership, and our President and combine them. Example: this semester's pledge class namesake was Delta Alpha Mu. (Delta-Drake[last name of Pledgemaster]) (Alpha-Angie[VP-Service]) (Mu-Morrisette[last name of President]and Michael[first name of VP-Membership). The National Fraternity has a preset namesake for a semester's pledge class, however it is up to each individual chapter on what to name their pledge classes.
-pirate00
Alpha Phi Omega
www.apo.org
Kappa Upsilon
www.geocities.com/apoku_99
East Carolina University
www.ecu.edu