UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1904 [PAGE 129]

Caption: Board of Trustees Minutes - 1904
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1903 ]

THE

PROCEEDINGS OF THE BOARD OF TRUSTEE?.

105

CONDITION OF T H I S OBLIGATION I S SUCH THAT WHEREAS, the above bounden

Elbridge G. Keith was on the tenth day of March, A. D. 1903, duly elected t o the office of Treasurer of the University of Illinois, for a period ending on t h e tenth day of March, A . D . 1905, or until his successor shall be appointed a n d qualified, and is about to assume the duties of said office. Now, if the said Elbridge G. Keith shall well and truly perform and faithfully discharge t h e duties of Treasurer of said University of Illinois during his term of office, and shall faithfully keep and truly account for all moneys, bonds, securities or other property coming into his hands as such Treasurer during his term of office, a n d a t the expiration of his term of office shall p a y over to his successor in office, or to any other person duly authorized by the Board of Trustees of said University of Illinois to receive the same, all moneys, bonds, securities or other property received by him as such Treasurer and not otherwise lawfully paid out or disposed of, and shall deliver to his successor in office or other person appointed to receive the same, the property, books, papers and other things in his hands belonging to said office, and shall, a t the expiration of his term of office, or oftener if thereunto requested by the Board of Trustees of said University of Illinois, render a just a n d true account of his doings as such Treasurer, then this obligation to be void; otherwise to remain in full force, effect and virtue.

ELBRIDGE G. K E I T H , W I L L I A M J . WATSON, ARTHUR DIXON, J A M E S B . FORGAN, (Seal) (Seal) (Seal) (Seal)

x

T.

S T A T E OF ILLINOIS, \ COUNTY OF COOK, j

gg

P.

PHILLIPS,

(Seal)

I, Edward Dickinson, a Notary Public in and for said county, i n the State aforesaid, do hereby certify that Elbridge G. Keith, William J . Watson, Arthur Dixon, James B . Forgan and T. P . Phillies, who are personally known to me t o be the same persons whose names a r e subscribed to the foregoing instrument, appeared before me this day in person a n d acknowledged that they signd, sealed and delivered the said instrument as their free and voluntary act, for the uses a n d purposes therein set forth. i Given under my hand and notarial seal this 22d day of April, A. D . 1903.

EDWARD DIOKINSON,

Notary

Public.

F I R S T NATIONAL B A N K , CHICAGO, April 23, 1903.

Mr. S. W. Shattuck, Business Manager, University of Illinois : M Y DEAR MR. SHATTUCK—I hand you herewith bond of Mr. E . G. Keith, Treasurer, $600,000, for the ensuing term. I presume you are familiar with the financial standing of the sureties, b u t will submit the following: Mr. William J . Watson is a director in the First National Bank of Chicago, and a retired capitalist. Mr. Arthur Dixon is a holder of a large amount of stock in the First National Bank and the owner of Chicago real estate estimated a t over $1,000,000. Mr. James B . Forgan is president of the First National Bank of Chicago. * Mr. T. P . Phillips is president of the Federal Trust and Savings Bank, Chicago. All of these gentlemen are reputed as being worth more than the amount of the bond. I f this bond is approved and the old one released, kindly notify me a t once and I will credit t h e University with the interest accrued during t h e last two years. Yours very truly,

EDWARD DICKINSON,

Asst. Cash., First Nat Bank,

Chicago.