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Caption: Board of Trustees Minutes - 1868
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23 An informal ballot was then taken, resulting as follows: Griggs. Cosgrove ,• Bunn 13 4 10 A motion was then made to proceed to a formal ballot for Treasurer. Mr. QUICK moved to lay the motion on the table, in order to determine the value of the bond which the Treasurer should be obliged to give to the Trustees, conditioned to the faithful performance of his duties ; which motion was carried. The Governor arrived at this juncture, and assumed the chair. The Chair announced the committee on course of study, and to suggest a faculty, as follows: The Eegent of the University, Gen. Mason Brayman, S. S. Hayes, Willard C. Flagg and Dr. Newton Bateman. Mr. COBB offered a resolution fixing the amount of the Treasurer's bond at $300,000. Seconded. Mr. BATEMAN moved to amend by striking out $300,000 and inserting in lieu thereof $100,000. Seconded. Mr. QUICK moved to amend the amendment by inserting $500,000. Seconded. The several amendments were put to the meeting and lost, and the question recurring on the original resolution of Mr. Cobb, it was. carried. • Mr. BUECHARD offered the following, which was adopted: Resolved, That the Treasurer's bond, when executed, be referred to the Finance Committee, to report at the next meeting upon the sufficiency of the securities. Mr. CUNNINGHAM offered the following: Resolved^ That at the earliest moment practicable, a good and sufficient fire and burglar proof safe be procured and placed in the office of the building hereafter to become the seat of the Illinois Industrial University, in which shall be kept all moneys and securities belonging to such Institution, while in the hands of the Treasurer. Resolved^ That the books and papers of each officer to be elected by this Board, together with all moneys and securities in the possession of the Treasurer, belong-
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