Repository: UIHistories Project: Board of Trustees Minutes - 1892 [PAGE 250]

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PROCEEDINGS OF BOARD OF TRUSTEES.

253

T h e B u s i n e s s A g e n t m a d e t h e f o l l o w i n g r e p o r t , in c o m p l i a n c e w i t h t h e r e q u e s t for i n f o r m a t i o n a s t o w h a t t h e i n c o m e w o u l d b e for t h i s y e a r , e n d i n g D e c e m b e r 3 1 , 1 8 9 2 , f r o m t h e s a l e s of Minnesota lands already made:

U N I V E R S I T Y OF ILLINOIS, June 24, 1892.

Report on income for the year ending January 1, 1893, from sales of Minnesota lands, to date:

H e c e i v e d f om sales t o J a n u a r y 1.1892 Received from sales since J a n u a r y 1,1892 Total I n t e r e s t on $6,696.42, 12 m o n t h s @ 5 p e r cent.. I n t e r e s t on $4,055.73, 6 m o n t h s @ 4 per cent.... I n t e r e s t on contracts, J a n u a r y 1,1893 Total 86,696 42 4,055 73 $10,752 15 $334 82 162 24 1,914 35 $2,411 41

Respectfully submitted, S. W. SHATTUCK, Business Agent. The Committee on I n s t r u c t i o n reported progress with regard t o t h e e s t a b l i s h m e n t of a l a w s c h o o l , which s u b j e c t w a s referred t o the Committee a t the March meeting, and was given until t h e n e x t m e e t i n g t o r e p o r t in full. T h e f o l l o w i n g c o m m u n i c a t i o n w a s received from M r . H e a t h , P r e s i d e n t of A l u m n i A s s o c i a t i o n : To the Board of Trustees of the University of Illinois. GENTLEMEN: In accordance with the expressed wish of your members t h a t you should bear the preliminary expenses incurred in preparing for the recent reunion of alumni, I respectfully submit the following statement, which includes only such items as are approved by the alumni committee and t h a t of the Faculty:

F i r s t circular Postage and envelopes.. Second circular P o s t a g e a n d envelopes,. I n v i t a t ons, etc Postage Total $3 50 8 75 6 50 8 50 15 50 7 00 $49 75

We placed the price for the banquet so as to cover merely actual expenses, and the receipts covered them, with nothing left over. As to the success of this gathering- I prefer to let others speak. I beg leave to state, however, t h a t every class was represented. Some 250 graduates, not including the class of '92, were in attendance at some time during the week, and some substantial testimonials remain. I wish to thank your body, as a whole, and each member in particular, for the kindly interest you have exhibited toward the Alumni Association during the year I have served as its president. I t has been my endeavor to bring the alumni into closer touch with the Trustees and Faculty, and to arouse in them a loyal, active enthusiasm which shall speak in practical results in the months and years to come. If anything in this line has been