Caption: Board of Trustees Minutes - 1934
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236 BOARD OF TRUSTEES INVESTMENT OF T R U S T F U N D S [June 16 Mr. Trees, for the Finance Committee, recommended that $500 of U. S. Treasury 3 ^ per cent bonds, due 1946-1956, be purchased with available uninvested trust funds. On motion of Mr. Barr, this recommendation was approved. C O N C E S S I O N O F PRIORITY, P A I N E , B R O W N , TYKOCINER PATENT On recommendation of the Patent Committee, and on motion of Mr. Williams, the Board approved the recommendation of the patent attorneys that a stipulation be entered into with Austin that the interference be dissolved immediately, it being understood that in consideration of the concession of priority by the University to Austin the assignee of Austin will give a license to the University, coupled with a right to grant licenses to others, to practice the Paine method; also that the University will grant a license to the Ohio Brass Company, assignee of Austin, to employ the method of the Paine invention; and all licenses to be without the payment of royalties. Mr. Armstrong asked to be recorded as voting no on this motion. DATE OF JULY MEETING On motion of Mr. Trees, it was voted to hold the July meeting in Chicago, on the call of the President. D E G R E E S C O N F E R R E D IN J U N E The Secretary presented for record the following list of degrees conferred at the Commencement exercises in June, 1933. S U M M A R Y O F D E G R E E S , J U N E , 1933 Degrees in the Graduate School (excluding those conferred at Chicago) Master of Arts 85 Master of Science m Master of Architecture 1 Ceramic Engineer 2 Civil Engineer 2 Electrical Engineer 2 Doctor of Philosophy 70 Total Baccalaureate Degrees Bachelor of Arts in Liberal Arts and Sciences Bachelor of Science in Liberal Arts and Sciences Bachelor of Science in Commerce Bachelor of Science in Engineering Bachelor of Science in Agriculture Bachelor of Science in Library Science Bachelor of Science in Education Bachelor of Science in Journalism Bachelor of Science in Fine and Applied Arts Bachelor of Music Bachelor of Fine Arts in Painting Bachelor of Science in Physical Education 273 351 101 266 215 112 68 276 40 98 13 I 26 IS67 Total
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