| |
| |
Caption: UI Library School Alumni Newsletter - 19
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
ttes to remember that youth was the period in which they should accumulate those aspirations with which they would have to live and that part of the pleasure of greying hair was to see those aspirations fulfilled. TREASURER'S REPORT JUNE 1932-OCTOBER 15, 1933 Balance brought forward $ 352.67 Receipts Building Loan certificate cashed Made available by opening of First National Bank, Champaign. Annual memberships Life membership collections Loans repaid by students Interest on loans and investment Gift from Edward Hertzberg Total Deduct amount in First National Bank Urbana, closed March 4th, 1933 Total Expenditures Loans to students Paid to trustees, proceeds of life membership dues Paid to trustees, gift of Edward Hertzberg Printing News Letter Xo. 17 News Letter No. 18 Incidentals Total Available cash (balance in General Treasury) Assets Loans to students $ o20.00 Invested in the Commercial Building Loan Association, shares at 6 % . . . 300.00 Trusteed in First National Bank, Champaign 141.07 In closed First National Bank, Urbana since Mar. 4, 1933 295.81 Total $1356.88 Liabilities—None. It is probable that about fifty percent of the deposit in the First National Bank, Urbana, will soon be released, M p l t t i we being made to reopen the bank. Also some dividends should be received from the First National Bank, Champaign. j 0 S I E g HOUCHENS, Treasurer. $ 400.00 167.00 50.00 6.00 90.04 64.39 9.53 $ 78776 100.00 211.60 87.00 167.50 195.00 49.50 50.00 $1213.27 $1213.27 295.81 $ 917.46 7S7.76 $ 129.79 REPORT OF THE TRUSTEES OF THE ENDOWMENT FUND T h e first Scholarship of $300 has been awarded as announced in the News Letter for June, 1933. This amount was turned over to the University in accordance with the regulations in March, 1933. This three hundred dollars was taken from the interest on the principal of the Fund. The resources of the Fund which are at present in the hands of the Trustees are as follows: Certificates of the Commercial Building and Loan Association, Urbana, 111 $5,o< 10.00 On deposit in Bowery Savings Bank, New York City 922.52 Total 16,522.52 [3]
| |
