Repository: UIHistories Project: Board of Trustees Minutes - 1944 [PAGE 870]

EXTRACTED TEXT FROM PAGE:

1944]

UNIVERSITY OF ILLINOIS

867

conveyance or of the power of the Board to do so. There is nothing, as far as I know, in the law of Texas which denies a corporation like the University the right to hold real estate; but were it beyond the power of the Board to hold real estate in Texas, it has been held by the Supreme Court of the United States and other courts that title to property taken by a corporation ultra vires may nevertheless be transferred by it. "Many years ago the University owned real property in Minnesota and in Nebraska, received by gift in both instances. In both instances the University in due course conveyed title to purchasers for a consideration. No lawyer then or, as far as I know, since questioned the propriety of the transfer."

This report was received for record.

A G R E E M E N T S FOR C O O P E R A T I V E INVESTIGATIONS (11) A report that agreements for the following cooperative investigations which have been carried on by the Engineering Experiment Station for several years have been extended. 1. Investigation of steam and hot water heating, sponsored by the Institute of Boiler and Radiator Manufacturers, extended for six months from January 1, 1944. Contribution by sponsor during this period, $4,250. T h e Institute has agreed to a deduction of ten per cent for overhead expenses, but requests that the new regulations of the Board of Trustees relating to patents and ownership of equipment purchased from funds provided for this investigation be not applicable. 2. Investigation of wheel loads, joint bars, and shelly rails (plus web stresses in rails, an addition to this project), sponsored by the Association of American Railroads, for one year from January I, 1944. Contribution by sponsor during this period, $15,200, as compared with $13,000 last year, the additional $2,200 being for adding to this investigation a study of web stresses in rails. T h e Association has agreed to a deduction of ten per cent for overhead expenses, but requests that the new regulations of the Board of Trustees relating to patents and ownership of equipment purchased from funds provided for this investigation be not applicable. 3. Investigation of heating and ventilating, sponsored by the American Society of Heating and Ventilating Engineers, extended for one year from January I, 1944. N o additional contributions from the sponsor are required as there is a sufficient balance ($1,875 as of January 1, 1944) in funds previously contributed to carry on the work for an additional year. Because of the character of the organization sponsoring the research, the provision for deduction for overhead is not applicable. T h e Society is being asked to agree to the new provision relating to patents. T h e provision relating to ownership of equipment purchased with funds provided by the Society has been waived. 4. Investigation of the fatigue strength of structural welds, sponsored by the Association of American Railroads and the United States Bureau of Public Roads, extended for one year from January 1, 1944. Contributions to be made by the sponsors: the Association of American Railroads, $5,000 for one year; the United States Bureau of Public Roads, $5,000 until June 30, 1944. Because of participation by the United States Government in the sponsorship of this investigation and the fact that there is no possible interest in patents, the agreement is extended in accordance with the terms and conditions of the original agreement. These are being reported to the Board because there is some departure in each case from the present regulations governing cooperative research sponsored by outside agencies. These investigations have been going on for several years, and because of the character of the organizations financing them it has been deemed inadvisable to insist on complete conversion to the present form of contract. The Institute of Boiler and Radiator Manufacturers and the Association of American Railroads are made up of many members, and it would be difficult to secure the approval of all of them to the changes. Moreover, in the first two cases, the essential requirement, i.e., the ten per cent deduction for overhead, has been agreed to, and the only provisions that have been waived are those relating to ownership of equipment purchased with funds provided by the sponsors and the present regulation relating to patentable discoveries. The