Repository: UIHistories Project: Board of Trustees Minutes - 1878 [PAGE 89]

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80

C H A M P A I G N , I L L S . , M a r c h 13, 1878.

To President and Board of Trustees, IUs. Industrial University: Y o u r committee on building greenhouse would respectfully r e p o r t as follows: The a m o u n t of appropriation, $2,500 00; of this amount, bills and accounts have been allowed and paid amounting' to $2,496 35, leaving $3 65 as a balance of said appropriation u n e x pended, and recommend t h a t t h e same be r e t u r n e d back to the state t r e a s u r y . The building is now complete, according to contract, and accepted by y o u r c o m m i t t e e ; we now ask t o be discharged from f u r t h e r consideration of the s a m e . ALEX. MCLEAN, ) D. GARDNER, } Committee. R. B. MASON. )

The report was accepted and adopted. The auditing committee submitted the following report, which was received and recommendations concurred in:

The committee, to whom was referred the r e p o r t of t h e t r e a s u r e r , b e g leave to r e p o r t t h a t thev have carefully examined his books and vouchers, and find t h a t w a r r a n t s n u m bered 346 t o 721 inclusive, issued from March 1st, 1877, to September 1st, 1877, and warr a n t s n u m b e r e d 1 t o 444 inclusive, issued fom September 1st, 1877, to March 1st, 1878, have been paid and cancelled. We also find in t h e hands of t h e t r e a s u r e r , $37,000 03 of endowment funds uninvested. We would recommend t h a t the t r e a s u r e r be authorized to invest in such legal bonds as he nriv be able to find; subject, however, t o t h e approval of President Cobb. If more profitable and equallv as secure bonds cannot be obtained, we would recommend t h a t said ; funds be invested in four p e r cent, g o v e r n m e n t bonds. J. I I . PICKRELL, ) D. GARDNER, V Committee. J N O . J. BYRD. )

The following appropriations from current funds were then made for the six months ending August 31st, 1878:

Board expense Salaries Fuel and lights Stationery and p r i n t i n g Buildings and grounds Incidental expenses Library F u r n i t u r e and fixtures Agricultural d e p a r t m e n t Chemical •" iV Military Mechanical ** 4 Architectural * SundriesFreight on model of horse Engineering t r a n s i t P a r i s exposition Illini $200 15,225 1,000 600 200 200 25 2,845 178 150 334 839 50 550 25 15 00 00 00 00 00 00 00 50 04 00 25 08 00 00 00 00

100 00

$22,536 87

It was voted that $500, or as much thereof as needed, be appropriated from the state funds for chemical laboratory, in payment for certain extras to the account of N. C. Terrill & Co., subject to the order of the building committee. The board then adjourned.