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Caption: Board of Trustees Minutes - 1972 This is a reduced-resolution page image for fast online browsing.
![](https://uihistories.library.illinois.edu/REPOSITORYCACHE/50/OBs6DuoIW70tdQ0M3dhBoe6I6b06wif0XR4LXG3Ah6dJ4TpoiEJ6v7da6648Sv8t7wxrVHb3MtGbyuLY74tB6K03gtwuzIysFN7yjX63p4dx6_801-240.jpg)
EXTRACTED TEXT FROM PAGE:
1971] UNIVERSITY OF ILLINOIS 231 Secretary was instructed to record the unanimous ballot of the Board for Mr. Manchester as Treasurer of the Board of Trustees for a twoyear term in accordance with the statutory provision for a biennial term for Treasurer. The ballot was so cast and Mr. Manchester was declared elected Treasurer to serve until the second Tuesday in March, 1973, or until his successor shall have been elected and qualified. TREASURER'S BOND On motion of Mr. Grimes, the Treasurer's bond was fixed at $6,000,000. On motion of Mr. Forsyth, the Finance Committee was instructed to see that the Treasurer presents a satisfactory bond in the amount specified above and to report the same to the Board. AUTHORITY TO RECEIVE MONEYS M r . H a h n offered t h e f o l l o w i n g r e s o l u t i o n a n d m o v e d its a d o p t i o n : Resolved, that the Treasurer of T h e Board of Trustees of the University of Illinois be, and he hereby is, authorized to receive and receipt for all moneys, and to endorse all orders, drafts, and checks due and payable to the Board of Trustees or to the University of Illinois, and especially all drafts drawn by the Treasurer of the United States payable to the Board of Trustees or the University of Illinois. This resolution was unanimously adopted. DELEGATION OF SIGNATURES M r . G r i m e s offered t h e following resolution: Resolved, that the President and the Secretary of T h e Board of Trustees of the University of Illinois are authorized to delegate the signing of their names as President and Secretary, respectively, to vouchers to be presented to the Auditor of Public Accounts, and to warrants drawn on the Treasurer of the University, under the following conditions: The President of the Board of Trustees is authorized to delegate to C. O. Parvin, R. N. Parker, R. H. Suter, in Urbana, and to James E. Osborn, David W. Bonham, Walter E. Cowart, R. E. Porter, H. O. Albers, A. W. Catrambone, in Chicago, and to C. H . Moody, Helen Culbertson, in Springfield, authority to sign his name as President of the Board of Trustees to vouchers against the Auditor of Public Accounts; and to C. C. DeLong, R. W . Zimmer, W . M. Griffith, S. E. Read, in Urbana, and to James E. Osborn, David W. Bonham, Walter E. Cowart, R. E. Porter, H. O. Albers, L. Rea Jones, in Chicago, authority to sign his name to warrants on the University Treasurer covering vouchers approved in accordance with regulations approved by the Board. T h e Secretary of the Board of Trustees is authorized to delegate to R. C. Wicklund, George H. Bargh, Virginia J. Hendrix, in Urbana, and to Anthony J. Diekema, Velma M. Davis, Margaret Clancy, H . W . Bailey, Alfred P . Maurice, Lee J. Votava, in Chicago, authority to sign his name as Secretary of the Board of Trustees to vouchers against the Auditor of Public Accounts and to warrants on the University Treasurer covering vouchers approved in accordance with regulations of the Board. T h e Secretary of the Board of Trustees is also authorized to delegate to Lean C. Ryan, Leona M. Hughes, in Springfield, authority to sign his name as Secretary of the Board of Trustees on vouchers against the Auditor of Public Accounts approved in accordance with the regulations of the Board. These authorizations are to continue in effect until the Auditor of Public Accounts has been supplied with specimen signatures of succeeding officers of this Board. And be it further Resolved, that the First National Bank of Chicago as a designated depositary of R. R. Manchester, Treasurer of this corporation, be and it (including its correspondent banks) is hereby requested, authorized, and directed to honor
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