Repository: UIHistories Project: Student Regulations - Undergraduates - 1930 [PAGE 39]

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eral management of the financial departmoiof tfca --oerr subject to the supervision of the B t t j M J S a l e r of the Company or otherofficer designated by " h f Board of Directors.. He ah.ll «jake »o «grment of salaries or commission* which hare not.been approved by the Chairman of the Board of Directors. He shall render a report of the!butmesa of the Daily Illini to the: Board of Directors at the close of each month and at such other timea aa may be requested. ' :•,..' Salaries and Premiums ',, 10. The salaries of the members, of the staff,of the Daily Illini shall be in accord with the following schedules: t. Editorial Staff Editor-in-Chief , , •JgO-OO Chief News Editor 350.00 Chief Editorial W r i t e r . . . . . . ; 250.00 Woman's Editor 250.00 Sports Editor.... • m 200.00 Editorial writers: two at $80.00 160.00 News Editors: nine*»'at $100.00 900.00 Sports News Editors: three at $100.00 300.00 Town Talk Editor 100.00 Scout Editor 100.00 ^ . %_ Business Staff Business Manager $400.00 Associate ^Manager 300.00 Advertising Managers: four at $100.00... • 400.00 Copy Manager 100.00 Collection Manager 100.00 Circulation Manager 100.00 Others 150.00 11. The salaries are payable in quarterly sums of one-quarter at the middle and one-quarter at the end of each semester. Members of the staff dismissed for inefficiency or other similar cause will receive no salary for the quarter in which they have not served one-half time; otherwise they shall be paid Pro rata, 12. Any net profits remaining at the end of the year after all bills and salaries for the current year have been paid, including those of the Business Manager and Editorial Supervisor of the Company whose salaries shall be assessed equitably against the profits of the several publications, shall be distributed in the following manner: Up to $2000 one-half 3 e alf t 0 ,,« 2? eSoSP "/' ?u- *J the staff; from $2000 ne s third to the Company and

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i-/r - il « ™ y so paid to the staff of the Daily Illini shall be apportioned by the Hoard. ' 3. Income, for which cash or bankable notes have not been received prior to July 1 are not to figure m 41