Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 1115]

EXTRACTED TEXT FROM PAGE:

195°]

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

IIO7

IN W I T N E S S W H E R E O F , said University of Illinois, by its Board of Trustees, has caused this bond to be signed by the President of the Board of Trustees and two members thereof, its corporate seal to be hereto affixed, attested by the Secretary of said Board, and the coupons hereto attached to be authenticated by the facsimile signatures of the President and Secretary of said Board of Trustees, and this bond to be dated the first day of May, 1950. President, Board of Trustees, University of Illinois Member, Board of Trustees, University of Illinois Member, Board of Trustees, University of Illinois Attest: Secretary, Board of Trustees, University of Illinois (Form of Coupon) Number $ On the first day of ...., 19. "(unless the within mentioned bond has theretofore been called for payment, as therein provided, and payment made or provided for), the University of Illinois will pay to bearer solely from the special fund referred to in the said bond to which this coupon is attached, Dollars (? ) in lawful money of the United States of America at the Chicago Title and Trust Company, in the City of Chicago, Illinois, being interest then due on its Student-Staff Apartments (Second Unit) Revenue Bond, dated May 1, 1950, Number President, Board of Trustees Secretary, Board of Trustees (Form of Registration) Date of Registration In Whose Name Registered Signature of Registrar

SECTION 5. That upon the issuance of any revenue bonds herein provided for there be and there is hereby established a fiscal year for the operation of said StudentStaff Apartments (Second Unit) located on Green Street, in the City of Urbana, Illinois, and said fiscal year shall commence the first day of July of each year and end the last day of the next succeeding June and all revenues derived from the operation thereof shall be set aside as collected in a separate account and fund, apart • (The clause within the parentheses to be inserted in all coupons maturing after optional date of bonds to which they are attached.)