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Caption: Board of Trustees Minutes - 1978 This is a reduced-resolution page image for fast online browsing.
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EXTRACTED TEXT FROM PAGE:
360 BOARD OF TRUSTEES [July 20 Estate of Mabel F. Hunter (41) The will of Mabel F. Hunter, deceased, contained two separate bequests tothe University of Illinois as follows: I give and devise my 280-acre, improved farm, in Sidney Township, Champaign County, Illinois (as a memorial to M A R T I N FISHER, S C O T T FISHER, and MABEL F. H U N T E R ) , to the U N I V E R S I T Y O F I L L I N O I S . I t is my desire that the University of Illinois retain this farm and use it as an experimental farm in connection with its College Of Agriculture. I give and devise all farmland which I own, except that hereinabove devised, being my 280-acre farm in Macoupin County, Illinois, my 240-acre farm in Section 14, Township 13 North, Range 6 West, in Sangamon County, Illinois, and my 210-acre farm in Section 6, Township 17 North, Range 4 West, and Section 35, Township 18 North, Range 5 West of the Third P.M., in Sangamon County, Illinois, to the U N I V E R S I T Y O F I L L I N O I S as an addition to the R A L P H O. AND MABEL F. H U N T E R S C H O L A R S H I P F U N D established by my husband, R A L P H O. H U N T E R , in his will. The gift shall be held under the same trust and managed for the same purposes as the original trust established by my husband's will. T h e vice president for administration and the chancellor at the Urbana campus, after consultation with appropriate University personnel, have recommended acceptance of these bequests and that the farms be managed by the College of Agriculture. T h e farmland has an appraised valuation of $2,050,708. I concur. On motion of Mr. Hahn, these recommendations were approved. Purchases (42) The president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the vice president for administration. T h e list of purchases was presented in two categories: purchases from appropriated funds (i.e., from state appropriations to the University) and purchases from institutional funds. T h e latter term designates funds received by the University under contracts with the United States government, private corporations, and odier organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. The total amounts of these purchases were: From Appropriated Recommended From Institutional Recommended Grand Total Funds $ Funds 5 080 234 71 $5 266 635 05 186 400 34 A complete list of the purchases, with supporting information, including the quotations received was sent to each member of the board in advance of the meeting, a n d a copy is being filed with the secretary of the board for record. The student advisory vote was: Aye, Miss Conlon, Mr. Overstreet; no, none j absent, Miss Winter. On motion of. Mr. Forsyth,, the purchases recommended were authorized by the following vote: Aye, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Mr. Lenz, Governor Thompson.
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