Repository: UIHistories Project: Board of Trustees Minutes - 1869 [PAGE 51]

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partment and its buildings at a site within one-half mile of,the geographical centre of the city of Chicago, the Common Council will, and hereby pledges itself, to make application to the General Assembly of the State, at its next regular session, for power to issue seven per cent, bonds of the said city to t h e amount of $250,000, as an endowment for said Mechanical department, and, upon obtaining such power, will, within ninety days thereafter, issue and deliver to the Trustees of said Mechanical or Polytechnic department for the purpose aforesaid, the said amount of $250,000 of seven per cent, bonds of the city of Chicago. All of which is respectfully submitted.

C H A K L E S C. P . H O L D E N , C H A R L E S G. W I C K E R , THEODORE SCHINTZ,

Committee on Finance.' I do further certify that at the regular meeting of said Common Council, held in Chicago August 10th, A. D. 1868, the following proceedings were hv.d, to-wif: Report of Committee on Finance on petitions and resolutions in relation to Illinois Industrial University, laid over and published Aug. 3, 1868. Aid. Holden moved to concur in the report and pass the resolution. Aid. S. I. Russell moved to postpone action until next regular meeting, and demanded the ayes and noes thereon. The motion was lost by the following vote: Ayes—Knickerbocker, Calkins, Macalister, S. I. Russell, B. F . Russell, Cas selman, Buehler, Beebe, Schmidt, Berger, Herting—11. Noes—Cox, Donnellan, Wicker, Hahn, McRoy, Raber, Sheridan, Walsh, Keeley, Hildreth, Comiskey, Rafferty, Carpenter, Salisbury, Holden—15. The question then being on the motion of Aid. Holden, the ayes and noes were called, and the report was concurred in, and the resolution adopted by the following vote : Ayes—Knickerbocker, Cox, Dixon, Donnellan, Wicker, Hahn, McRoy, Calkins, Raber, Sheridan, Walsh, Keeley, Macalister, Hildreth, Comiskey, Rafferty, Carpenter, Salisbury, Holden, Buehler, Beebe, Schmidt, Berger, Herting—24. • v Noes—S. I. Russell, B. F . Russell, Casselman—3. The following is the resolution as passed : W H E R E A S . The establishment and successful operation in the city of Chicago, ot a Mechanical or Polytechnic College for the more thorough education of mechanics in those sciences which are necessary for the attainment of the highest skill in the mechanical arts, would be of great value to the industrial classes, to the city of Chicago, and to the State at large, and W H E R E A S , Under the acts of Congress, and the General Assembly of this State, the Board of Trustees of the State Industrial University have designated Chicago as the place for the location of the Mechanical or Polytechnic department of that University, subject to the condition that the same be located as near the center of the city as possible ; and WSEBJEAS, The county of Champaign has donated to the Agricultura