Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 185]

EXTRACTED TEXT FROM PAGE:

1991]

UNIVERSITY OF ILLINOIS

173

University Treasurer covering vouchers approved in accordance with regulations approved by the board; and Resolved further that the secretary of the Board of Trustees is authorized to delegate to such individuals as she may designate from time to time authority to sign her name as secretary of the Board of Trustees to vouchers presented to the State Comptroller and to warrants on the University Treasurer covering vouchers approved in accordance with regulations of the board. Be It Further Resolved that the First National Bank of Chicago, as a designated depositary of Bernard T. Wall, treasurer of this corporation, be and it (including its correspondent banks) is hereby requested, authorized, and directed to honor checks, drafts, or other orders for the payment of money drawn in this corporation's name, including those drawn to the individual order of any person or persons whose name or names appear thereon as signer or signers thereof, when bearing or purporting to bear the facsimile signatures of the two following: president and secretary; and the First National Bank of Chicago (including its correspondent banks) shall be entitled to honor and to charge this corporation for all such checks, drafts, or other orders, regardless of by whom or by what means the facsimile signature or signatures thereon may have been affixed thereto, if such facsimile signature or signatures resemble the facsimile specimens duly certified to or filed with the First National Bank of Chicago by the secretary or other officer of this corporation. And Be It Further Resolved that the State Comptroller is hereby authorized and directed to honor vouchers bearing facsimile signatures of the president and secretary of the Board of Trustees of the University of Illinois if such facsimile signatures resemble the facsimile specimens duly certified to or filed with the State Comptroller by the secretary. These authorizations are to continue in effect until the State Comptroller has been supplied with specimen signatures of succeeding officers of this board. INSTALLATION OF NEW TRUSTEE President Wolff welcomed Mr. L a m o n t to t h e b o a r d and noted that he h a d b e e n sworn in as a trustee d u r i n g the ceremonies to i n a u g u r a t e G o v e r n o r Edgar t h e week before in Springfield. APPOINTMENT OF COMMITTEES AND ELECTION TO OTHER BOARDS President Wolff a n n o u n c e d that he would r e p o r t the a p p o i n t m e n t of standing committees of t h e b o a r d and appointments to t h e Civil Service Merit Board a n d t h e State Universities R e t i r e m e n t System at a meeting in t h e n e a r future. MEETING ADJOURNED T h e business carried over from t h e J a n u a r y meeting of t h e b o a r d concluded a n d t h e J a n u a r y m e e t i n g of t h e b o a r d was officially adjourned at 10:30 a.m. FEBRUARY MEETING OF THE BOARD RESUMED President Wolff r e s u m e d t h e February meeting of t h e b o a r d and asked Mrs. S h e p h e r d and Mr. Boyle to each present resolutions that had been p r e p a r e d for this meeting.