Repository: UIHistories Project: Board of Trustees Minutes - 1944 [PAGE 503]

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BOARD OF TRUSTEES

[August 31

merce and Business Administration and Professor of Economics. Since March 20, 1942, he has been on leave of absence for service to the Illinois State Council of Defense, now known as the Illinois W a r Council, and this leave expires August 31, 1943. In his letter requesting retirement Dean Thompson states: "My reason for asking to be retired at this time is that I expect to devote the rest of my active life to some sort of public service in which I can contribute to the advancement of the State and of the Nation. As matters now stand, I shall, in all probability, be a candidate in the April (1944) primary for the United States Senate on the Republican ticket." Dean Thompson has also requested that he be given leave of absence on full pay from September 15 to date of retirement so that he may continue his services to the Illinois W a r Council. Under this arrangement he will return to active service for the period September 1-15, 1943, and will be on leave of absence with full pay from September 15 to November I, 1943, on which date he will retire from active service. I recommend approval of Dean Thompson's request for this extension of his leave of absence and that he be retired November 1, 1943, with the title of Dean and Professor, Emeritus.

On motion of Mr. Davis, leave was granted and retirement was approved as recommended.

ESTATES OF HARRIETTE A. AND HARRY G. WRIGHT (7) T h e special committee appointed by the Board of Trustees (March 20, 1943, Minutes, pages 312-313), to ascertain all the facts in the estates and wills of the late H a r r y G. and Harriette A. Wright and to make recommendations to the Board submits the following report. M r . Davis presented this report. R e p o r t of Special C o m m i t t e e o n W r i g h t E s t a t e s A meeting of the special committee to make a recommendation on the H a r r y G. and Harriette A. W r i g h t estates was held at 12:30 p.m. on Monday, July 26, 1943, at the University Club in Chicago. Present: Mr. Chester R. Davis, Chairman, Dr. Martin G. Luken, President P a r k Livingston, President Arthur C. Willard, Judge Sveinbjorn Johnson, and Mr. H . E. Cunningham, Secretary of the Board. Also present, representing the W r i g h t estates: Mr. Posie T. Wright, Executor of the will of Harriette A. W r i g h t ; Mr. Henry McGurren and Mr. DeEstin Pasley, Attorneys for P. T. Wright, Executor; Mr. H . D. Fisk and Mr. R. F. McCormick, Executors of the will of H a r r y G. Wright, and Mr. L. F. Moudry, Attorney for the Executors of the will of H a r r y G. Wright. President Livingston presented the following tabulation of the estimated assets and liabilities of the Wright estates.

HARRY G. W R I G H T ESTATE

Assets 3500 shares Northern 111. Finance Corp $ 35 000 00 4th St. garage 10 000 00 3rd St. office 3 500 00 Cash 93 411 41 Malta lot balance 500 00 Farms #300 000 00 Mortgages 85 000 00 215 000 00 Liabilities and Bequests Balance on claims allowed, including interest, approximately $ 12 500 00 Harriette Wright claim, including interest to 12/31/40 88 540 00 Additional taxes, estimated 5 000 00 Additional attorneys' and executor's fees 29 000 00 Bequests and dividends 47 500 00

#357 411 41

$182 540 00