Repository: UIHistories Project: Board of Trustees Minutes - 1880 [PAGE 182]

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180 On motion, Prof. Baker was authorized to purchase certain regulation paper for Civil Engineering Department, with collections in his hands now, and report the purchase and sales of said paper from time to time to the Business Agent. On motion of Mr. Millard, the recommendation of Prof. Burrill in regard to walks on west side of main building was referred to Messrs. Scott and Gardner, with power to act. Mr. Gardner, Prof. Crawford and the Business Agent were authorized to have the binding of books for the library done on best terms that can be made. On motion of Mr. Millard, the Begent, Librarian and Business Agent were authorized to draw on State appropriation to the amount of $500 for such new books as may be needed, and report from time to time to the Board. Adjourned to 7:30 P. M.

EVENING

SESSION.

The Board met at 7 :30 P. M. Major Dinwiddie made an oral report on target practice, need of new band instruments, etc., for the Military Department, which was received. The Treasurer made the following report, enumerating the bonds in which the Endowment Fund is invested:

S P B I N G F I E L D , I I I . , J u n e 6,1879, B o n d s b e l o n g i n g to t h e Illinois I n d u s t r i a l U n i v e r s i t y : C h a m p a i g n c o u n t y 8 p e r cent, b o n d s Morgan county 8 " " K a n k a k e e c o u n t y 10 " " Pike county 10 " «* Pikecounty 10 " " S a n g a m o n c o u n t y 10 " " Menard county 7 " " Sangamon county 8 " " Illinois '• 6 *' " Illinois School District, D o u g l a s c o u n t y , 10 p e r cent, b o n d s C h a m p a i g n c o u n t y 10 p e r cent, b o n d s , in h a n d s Prof. S h a t t u c k Chicago 7 p e r cent, b o n d s $115,000 25,000 30,000 30,000 5,000 25,000 10,000 11,000 27,000 9,000 2,000 25,000 00 00 00 00 00 00 00 00 00 00 00 00

$314,000 00 All t h e b o n d s e x c e p t t h e Illinois 6 p e r cent, b o n d s h a v e p r i n t e d notice on t h e m a s follows: T A K E NOTICE.—This b o n d is t h e p r o p e r t y of t h e Illinois I n d u s t r i a l U n i v e r s i t y , a n d ' n o sale, t r a n s f e r or a s s i g n m e n t of t h e s a m e will b e valid w i t h o u t t h e w r i t t e n s i g n a t u r e s of B e g e n t , P r e s i d e n t a n d E e c o r d i n g S e c r e t a r y of said U n i v e r s i t y e n d o r s e d h e r e o n . SPBINGFIELD. J O H N W. BUNN, Treasurer.

Upon motion, the following recommendations of the Begent, in regard to Professors, Assistants and Instructors, were concurred i n : Selim H. Peabody, Professor of Mechanical Engineering and Physics, $2,000 per annum. Fernando A. Parsons, Instructor in Bookkeeping and Bookkeeper, $900 per annum. Ira 0. Baker, Assistant Professor of Civil Engineering, $900 per annum.