Repository: UIHistories Project: Board of Trustees Minutes - 1868 [PAGE 48]

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running thence east four hundred and sixty-two (462^ feet,} thence south seven hundred (700) feet; thence west four hundred and sixty-two (462) feet; thence north seven hundred (700) feet, to the place of beginning. Also, a part of the south-west quarter of section number eighteen (18), in said township, as follows; Beginning at the north-east corner of said tract; thence west eighty (80) rods; thence south one hundred and seven and thirty one-hundreths (107 30-100) rods • thence east eighty (80) rods; thence north one hundred and seven and thirty onehundredths (107 30-100) rods, to the place of beginning. Also twenty-eight (28) acres off the north side of the south half of the south-east quarter of said section number eighteen (18). Also, the north half of the south-east quarter of said section eighteen (18). Also, the north-west quarter of section nineteen (19), in said township. Also, the north half of the south-west quarter, the south half of the north-east quarter, the north-west quarter of the south-east quarter, and the north-east quarter of the north-east quarter, of said section nineteen (19). Also, the south half and the south half of the north-east quarter of section twenty one (21), in said township ; and, WHEREAS, also, said county of Champaign has issued, under the forms of law, and delivered to said Board of Trustees, one hundred thousand dollars in the bonds of said county, due and payable ten years hence, bearing interest at ten per cent, per annum; and, WHEREAS, also, the contract of M. L. Dunlap for the delivering, upon the order of qhe said Board, of fruit, shade and ornamental trees and shrubbery, to the value of two thousand dollars, has also been delivered to this Board ; and, WHEREAS, the Illinois Central Railroad Company has likewise assured to said Board the sum of fifty thousand dollars in freight over said road : and in consideration of the foregoing premises, therefore, be it Besolved, That the Illinois Industrial University be and the same hereby is permanently located at Urbana, Champaign county, Illinois,

The ayes and noes were called on the resolution, which resulted in an unanimous affirmative vote—twenty four members voting. On motion of Mr. HATES, the Board excused the Finance Committee from further consideration of a bond of indemnity. Moved that the Board take a recess until two o'clock p. M., when it shall meet in secret session. Carried.

AFTERNOON SESSION OF MAY 8TH.

Board met, as per agreement. President called Kev. Mr. Burroughs to the chair. Mr. FLAGG, Corresponding Secretary, appeared and took his seat with the Board. On motion of Mr. SCROGGS, the regular order of business was suspended to allow time for special business. The Finance Committee presented several communications relating to the subject of the scrip.