Repository: UIHistories Project: Board of Trustees Minutes - 1894 [PAGE 164]

EXTRACTED TEXT FROM PAGE:

PROCEEDINGS OF BOARD OF TRUSTEES.

165

The foregoing closes up to date the matter of all transfer of bonds belonging to the endowment fund, together with the Kankakee bonds belonging to the general fund, as set forth in the above receipt. The balances of other funds due from Mr. Bunn will be turned over to Mr. Spalding at this meeting of the board, when settlement will be made with the business agent of the University to ascertain the actual balance due the University. This will be a settlement in full by Mr. Bunn, our late treasurer. The committee also begs leave to report t h a t it submitted the form of the bond to S. M. Millard, an attorney, who gave us a written opinion of the same, declaring the bond, as accepted by your committee, to be in proper form according to the law in such cases made and provided. Respectfully submitted,

ALEX. MCLEAN, F . M. M C K A Y , ) )

J. E. ARMSTRONG, [Finance Commiteee. A telegram was received from Governor Altgeld saying t h a t he had missed the train at Bloomington, and asking whether or not the board would be in session the next day. The secretary was directed to answer t h a t the board would not be in session t h e afternoon of the next day. The report of the finance committee was adopted, on motion of Mr. Raab. The finance committee made the following report:

U N I V E R S I T Y OF ILLINOIS, U R B A N A, Sept. 12, 1893.

To the Board of Trustees of the University of Illinois. GENTLEMEN: Your finance committee would report t h a t it has examined warrants No. 1 to 287, inclusive, pertaining to t h e Experiment Station, dated from July 1, 1892, to June 30, 1893, and amounting to $15,070, and has found the same correct and duly canceled. The committee has also examined the warrants issued on university account, numbered 676 to 1,275, inclusive, and dated from March 1 to July 31, 1893, and has found the same correct and duly canceled, except No. 1,102 and 1,252, which have not yet been presented for payment. Respectfully submitted,

ALEXANDER MCLEAN, )

F. M. MCKAY,

J. E. ARMSTRONG,

> Finance Committee.

)

The report was adopted on motion of Mr. Raab.

REGENT'S REPORT.

To the Board of Trustees of the University of Illinois, GENTLEMEN: We are just now in the active operations of the^opening of a new collegiate year under, for the most part, very favorable"circumstances. I t is too early to estimate closely the comparative attendance of the last with the new year, but the indications are t h a t our numbers will be at least as great for the coming as for the last one, notwithstanding the serious condition of general financial affairs. Up to noon of the second day last year there were 139 applications for admittance. At noon today there had been received 159 such applications.

CORPS OF INSTRUCTORS.

The teaching force has been largely increased. Upon the list of instructors in the daily program of studies for the fall term of 1892 there were 36 names; there are 48 in the list as now published—an increase of one-third. In this list 16 names are new ones. The annual salary account for instruction upon the basis of the 1st of last June was