Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 33]

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1934]

UNIVERSITY OF ILLINOIS

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nection with this work that any discoveries or inventions that might be developed as a result of the same, that were of a nature that made it advisable to patent, would be made available to the Wisconsin Foundation under the customary arrangement which obtains with reference to all of our patentees." The Graduate School Research Board of the University, to whom this matter was referred for its consideration, recommends acceptance of the offer. The investigation which Dr. Reed is carrying out is an important one and the support afforded by such a grant would greatly facilitate his work. The Research Board is of the opinion that it is unlikely any patentable results will come out of the investigation, and that even if something patentable should arise, the Wisconsin Alumni Research Foundation would doubtless be able to exercise control over any new patents involving the use of viosterol, since the Foundation already controls the basic patents under which viosterol is manufactured. There is nothing to lose and everything to gain by accepting the grant. I recommend acceptance of the offer subject to the approval of the University Counsel, the detailed conditions of acceptance to be worked out by him or with his advice. On motion of Mr. Karraker, this offer was accepted subject to the conditions recommended by the President. Mr. Armstrong asked to be recorded as not voting; President Williams asked to be recorded as voting "No."

GIFTS TO THE UNIVERSITY

(34) The following report of gifts received by the University since the last report: 1. Mead Johnson and Company, $5,000 for research work on the physiological action of viosterol or irradiated ergosterol now being carried on by Dr. C. I. Reed of the Department of Physiology of the College of Medicine. 2. One of Dr. C. I. Reed's patients, $10 to be added to Dr. Reed's research fund for the study of irradiated ergosterol. 3. Mead Johnson and Company, $2,000 for research work on the intravenous injection of amino acids by the Department of Chemistry. 4. Continental Oil Company of Ponca City, Oklahoma, $750 for the renewal of its fellowship for research work in the Department of Chemistry. 5. Ozone Pure Airifier Company of Chicago, an ozone generating machine. 6. Mrs. William G. Hibbard of Winnetka, books including 64 bound volumes, 14 unbound, and 17 pamphlets on road building, paving, drainage, dredging, and agricultural subjects. 7. Dr. J. Howard Beard, books, periodicals, and pamphlets relating to public health, to the University Library. 8. The Chicago Board of Trade, $400 for the Board of Trade Agricultural Scholarship. This gift represents a continuation of grants previously accepted, the original gift being accepted by the Board on July 13,1932 (Minutes, page 93). On motion of Mr. Barr, these gifts were accepted. QUARTERLY REPORT OF THE COMPTROLLER (35) The report of the Comptroller for the quarter ended June 30, 1934, a copy of which was sent to each member of the Board on August 8. This report was received for record. The Board considered the following matters which had been referred to its committees, and the reports of committees.

RELATIONS OF THE UNIVERSITY A N D THE ATHLETIC ASSOCIATION

In the absence of Mr. Trees, Chairman of the Committee, Mr. Barrett made a report of progress. The Committee was requested to make a further report at the regular October meeting of the Board.