Repository: UIHistories Project: Board of Trustees Minutes - 1890 [PAGE 54]

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PROCEEDINGS OF BOARD OF TRUSTEES.

57

to endorse all orders, drafts and checks due and payable to the said Board of Trustees or to the said University of Illinois, and especially all drafts drawn by the Treasurer of the United States payable to said Board of Trustees or to said University of Illinois on account of the Agricultural Experiment Station of the said University. T h e bill of G e o . M. B r i n k e r h o f f for $ 6 7 4 . 1 0 , p r e m i u m o n t e n t h o u s a n d d o l l a r s of s i x p e r c e n t , b o n d s s o l d t h e T r e a s u r e r for t h e e n d o w m e n t fund, w a s o r d e r e d p a i d f r o m c u r r e n t f u n d s o n m o t i o n of M r . B u l l a r d . P a y i n g t h i s p r e m i u m m a d e t h e b o n d s e q u i v a l e n t t o five p e r c e n t , b o n d s a t p a r . T h e f o l l o w i n g r e p o r t s were received for r e c o r d : To the Board of Trustees of the University of Illinois. We, your Auditing Committee, have examined the Business Agent's report and the vouchers accompanying the same on which University warrants have been drawn, Nos. 176 to 400 inclusive, and find them correct. We have also examined the vouchers on which Experiment Station warrants, Nos. 91 to 95, and 242 to 326 inclusive, have been drawn and find them correct as reported.

F . M. M C K A Y , J

S. A. BULLARD, > Auditing Committee. •

Alex. M C L E A N , \

To the Board of Trustees of the University of Illinois. The undersigned, your Finance Committee, would respectfully report t h a t we have examined the report of J. W. Bunn, Treasurer of the University, and find t h a t the receipts from all sources have amounted to the sum of. $35,378.81; and the disbursements to $18,373.49, leaving a balance on hand of $17,105.32. Details accompanying the report verify the above statement.

ALEX. MCLEAN J

CHAS. B E N N E T T .

EMORY COBB,

[-Finance Committee.

)

P r o f e s s o r M o r r o w ' s r e q u e s t for l e a v e of a b s e n c e for t h e s u m m e r v a c a t i o n w a s g r a n t e d o n m o t i o n of M r . B u l l a r d . M r . B e n n e t t m o v e d t h a t for t h e e n s u i n g w a r t h e s t a n d i n g c o m m i t t e e s of t h e B o a r d b e a s f o l l o w s : On F a r m s , o n Buildings a n d G r o u n d s , o n Finance ( t o include Auditing), on Ins t r u c t i o n , a n d on P u b l i c a t i o n s , a n d t h e m o t i o n w a s a d o p t e d . T h e P r e s i d e n t , M r . M c L e a n , a n n o u n c e d t h e c o m m i t t e e s a s follows: Farms—Shawhan, Cobb, Haskell. Buildings and Grounds—Bullard, Shawhan, Harker. Finance—McKay, Millard, Bullard* Instruction—Bennett, Cobb, Millard. Publications—President, Regent, Corresponding Secretary. On m o t i o n of M r . B u l l a r d , t h e bill of t w e n t y - f i v e d o l l a r s of t h e A s s o c i a t i o n of A m e r i c a n A g r i c u l t u r a l Colleges a n d E x p e r i m e n t S t a t i o n s a g a i n s t t h e U n i v e r s i t y , w a s o r d e r e d p a i d from c u r r e n t f u n d s ; a n d a bill for t h e s a m e a m o u n t a g a i n s t t h e E x periment S t a t i o n w a s ordered paid from t h e S t a t i o n funds. The Board

W. L.

adjourned.

EMORY COBB,

PiLLSBURY,

Secretary.

P r e s i d e n t , pro

tempore.