Caption: Board of Trustees Minutes - 1896
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PROCEEDINGS O F BOARD O F T R U S T E E S . AFTERNOON SESSION.
T h e B o a r d m e t p u r s u a n t to a d j o u r n m e n t . I t was voted t h a t a bill, as follows, with r e g a r d to t h e p u r c h a s e of t h e College of P h y s i c i a n s a n d S u r g e o n s , of Chicago, should be int r o d u c e d in t h e G e n e r a l A s s e m b l y : A BILL FOR AN ACT to enable the University of Illinois to acquire the property and good will of the College of Physicians and Surgeons, of Chicago, and to establish a professional medical department in connection with said University. SECTION 1. Be it enacted by the People of the State of Illinois represented in General Assembly: That the University of Illinois be and is hereby authorized to acquire the property and good will of the College of Physicians and Surgeons, of Chicago, and organize a professional medical department of said University. S E C 2. The price to be paid for the property of said college shall not exceed the sum of $160,000, and shall be agreed upon by the parties in interest or decided by a committee of arbitration upon the basis of the exact amount of money actually expended in the upbuilding of said college. S E C 3. No part of the purchase price shall be paid until a certified copy of the agreement between the parties, or of the determination of the arbitrators, be filed in the office of the Auditor of Public Accounts, nor until the Attorney General shall certify that the title to said property is free and clear of all incumbrances and that the deed by which it is proposed to convey the same to the University is correct in form and sufficient to vest said title in said University. S E C 4. In organizing said medical department at said University the Board of Trustees shall appoint all necessary officers, professors, and instructors, fix all salaries and do whatever may seem advisable to maintain such medical department upon the highest possible plane of excellence and efficiency, but said Trustees shall recognize no particular schools of medicine to the exclusion or disparagement of any otherr school. Said Trustees shall maintain tuition fees in said department upon a basis which will make said department self-supporting so far as practicable. S E C 5. The sum of $160,000, or so much thereof as may be necessary, is hereby appropriated to carry out the purpose of this act, which shall be paid out of any moneys in the treasury not otherwise appropriated; and the Auditor of Public Accounts is hereby authorized and directed to draw his warrant on the treasury for the sum so agreed upon or determined as the value of said property, upon the order of the Chairman of the Board of Trustees of said University attested by the Secretary and seal of said University, and the certificate of the Attorney General herein provided for. An appropriation of $240 from current funds was made to cover the expenses of visiting high schools. The digging of a well on the south farm at an expense not to exceed $200 was authorized. The Farm Committee was charged with the work. A request from the class of '95 to be allowed to make an inscription on a stone at the right of the entrance to Engineering Hall was denied, and it was voted that for the future no class inscriptions should be made on the buildings. The appropriation of $30 for partitions in Professor Frederick's rooms was made. For Board expenses $200, and for incidental expenses $250 were appropriated.