Repository: UIHistories Project: Board of Trustees Minutes - 1944 [PAGE 366]

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1943]

U N I V E R S I T Y OF I L L I N O I S

363

GIFTS FOR LOAN FUNDS FOR PHARMACY STUDENTS (g) The following gifts have been offered the University through Dean E. R. Series of the College of Pharmacy covering loan funds for Pharmacy students: 1. A gift of $2,000 from the Goldenrod Ice Cream Company of Chicago, the principal of which is to be used for loans to students in the College of Pharmacy under such conditions as the Board of Trustees may determine. 2. A gift of 57 shares of common stock of Walgreen Company at an estimated value of $1,567.50 together with dividend checks totaling $68.40, from Harry Goldstine of Chicago, Vice-president of Walgreen Company. These dividends and future income on the principal of the gift are to be used for emergency, short-time loans to students in the College of Pharmacy on the recommendation of the Dean of the College. I recommend that the gift from the Goldenrod Ice Cream Company be accepted as the "Goldenrod Ice Cream Company Student Loan Fund" to be administered in accordance with the general regulations of the Board of Trustees concerning student loans. I further recommend that the gift of Mr. H a r r y Goldstine be accepted under the conditions stated, the fund to be known as the " H a r r y Goldstine Emergency Student Loan Fund." The University also has a small fund of $186.83 for the same purpose set up in 1932 out of a balance remaining in an Unemployment Relief Fund. I recommend that this fund be combined with the newly established Goldstine Fund. O n m o t i o n of M r . M c K e l v e y , these r e c o m m e n d a t i o n s w e r e adopted. PURCHASES AUTHORIZED (10) A report of the following purchases proposed by the Purchasing Agent and authorized by the Comptroller as emergency actions: 1. One copy of Milton's Paradise Lost, first issue of first edition, published in 1667, from Francis Edwards, Ltd., London, England, at a delivered quoted cost of $1,625. 2. Thirty tons pure wheat bran, for the Animal Husbandry Department Feed Storage, from Omar, Inc., Berwyn, the only bidder, at a total cost of

$1,209.

3. Surgical dressings, 13 items, representing a 00-day supply of hospital and surgical dressings for the Research and Educational Hospitals (Chicago General Stores), purchased as follows, based on competitive quotations and quality of material offered: Bauer & Black, $1,867.11; Johnson & Johnson, $1,242; Marsales Co., Inc., $839.50. The low quotation on each item was taken and orders placed accordingly. A summary of the quotatoins is hereby given to the Secretary of the Board. 4. Five hundred blankets, 64" x 84" 100% wool, from Kenwood Mills, Albany, New York, the lowest bidder considering the quality of the blankets, at a total cost of $2,700. 5. One hundred ten dozen sheets, 63" x 108", from Clark Linen & Equipment Company, Chicago, the lowest bidder, at a total cost of $1,485. 6. One hundred thirty 36" steel bunks, from Clark Linen & Equipment Company, Chicago, the lowest bidder, at a total cost of $1,124.50. 7. Mattresses, 260, 36", 3 2 * , 6^5 oz. ACA ticking Pillows, 260, 2 o " x 2 6 " (mixed hen and goose feathers) Pillow cases, 72 dozen, 32" x 46" Quilted mattress pads, 25 dozen, 39" x 76" from the Clark Linen & Equipment Company, at their total price of $2,954.75. (The lower bids on mattresses and pillows were not on satisfactory terms or materials.) The amounts expended for items 4, 5, 6, and 7 were charged to "S.T.A.R. Activating Expense," and will be reimbursed to the University by the Federal Government.

The Comptroller presented this item. On motion of Mr. McKelvey, the action of the Comptroller in authorizing these purchases was approved and confirmed.