UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1894 [PAGE 175]

Caption: Board of Trustees Minutes - 1894
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176

UNIVERSITY OF ILLINOIS.

The finance committee made t h e two following reports, which were received for record:

URBANA, I I I . , September 13, 1893.

To the Board of Trustees of the University of Illinois. GENTLEMEN: Your finance committee presents t h e following receipt for t h e bond of t h e treasurer:

URBANA, I I I . , September 12, 1893.

Received from Mr. Alex. McLean, chairman of t h e finance committee of t h e University of Illinois, t h e bond of Chas. W. Spalding, treasurer of t h e University of Illinois, for six hundred thousand dollars ($600,000.00), for safe keeping. S. W. SHATTUCK, Business Agent. We desire t h a t t h e receipt be made a matter of record, and t h a t it be filed with t h e secretary of this board. Respectfully submitted, F L M X A S R A Y ^ C L E A N ' \ finance Committee.

URBANA, I I I . , September 13, 1893.

To the Board of Trustees of the University of Illinois. GENTLEMEN : Your finance committee presents the following report, prepared by t h e business agent, showing t h e sources of t h e University's endowment fund as t h e same exists to-day in bonds and cash:

U N I V E R S I T Y OF ILLINOIS, September 12, 1893. Amount received before sale of land Received from sales of Nebraska lands, as per accompanying statement.. Received from sales of Minnesota lands, as per accompanying statement. Total amount of endowment fund S. W.

$319,178 87 98,352 24 16,596 39

$434,127 50 SHATTUCK,

Business Agent.