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Caption: Board of Trustees Minutes - 1934
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472 BOARD OF TRUSTEES [March 13 (13) A statement concerning the special scholarship requirement for nonIllinois students. After discussion, Dr. Meyer offered a motion that this requirement be abrogated as recommended by the University Senate. Mr. Barr offered a motion to amend Dr. Meyer's motion, to provide that non-IUinois students who enter as freshmen be required to present an average standing ten per cent above the required passing grades for students entering from Illinois. After further discussion, on motion of Mr. Barr, action on the motion and the amendment was deferred until the next meeting of the Board. PERMISSION TO USE FLINT FORMULA FOR OIL-DUST INSECTICIDE SPECIAL. SCHOLARSHIP REQUIREMENT FOR NON-ILLINOIS STUDENTS Judge Johnson presented a request from the General Chemical Company of St. Louis for permission to use the Flint formula in the manufacture of oil-dust insecticide. On motion of Mr. Armstrong, this request was granted, subject to the same terms as those extended to previous licensees for this process. HART MORTGAGE Mr. Trees asked Mr. Karraker to report on the status of the Hart mortgage. Mr. Karraker reported that the property was in bad shape and that it probably would not sell for more than sixty per cent of the indebtedness, and recommended that the University Counsel be authorized to institute proceedings for foreclosure and to secure a deficiency judgment to satisfy the full claim of the University for both principal and interest. On motion of Mr. Barrett, this recommendation was adopted. POPE MORTGAGE Mr. Trees, for the Finance Committee, reported that the Pope mortgage had been reduced to $2,500. TRUST F U N D INVESTMENTS On motion of Mr. Trees, it was voted to invest $8,900 of trust funds, when available, in Illinois bonds. FIRE PROTECTION AND WATER SYSTEM Mr. Armstrong, for the special committee to consider fire protection, reported a recommendation that a survey of the water system as it affects fire protection be made, and that an appropriation of $750, or so much thereof as may be necessary, be made from the Reserve and Contingent Fund for this purpose. On motion of Mr. Barr, this appropriation was made, by the following vote: Aye, Mr. Armstrong, Mr. Barr, Mr. Barrett, Mr. Blair, Mrs. Freeman, Mrs. Hopkins, Mr. Karraker, Dr. Meyer, Mr. Trees, Mr. Williams; no, none; absent, Mr. Horner.
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