Repository: UIHistories Project: Board of Trustees Minutes - 1904 [PAGE 270]

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246

UNIYERSITY OF ILLINOIS.

[Deo. 8,

7. Aside from the merits of the ease, the committee after the most serious consideration, is driven to the conclusion that a correspondence school is such a departure from established lines that there are no funds under existing appropriations which can be used for the establishment and maintenance of such a school, and that legislative authority is therefore needed. 8. The Committee is favorable to the enterprise, but in view of the facts that it is a large question, that it involves many important considerations, that it should be thoroughly discussed by the agricultural press, by farmers' institutes, and by all assemblies interested in promoting the agricultural advance of the State, and that no serious mistake be made, it recommends that another year be given to a frank and full investigation of the whole matter, to the end that when such a school is established, it will be of great advantage to farming interests and a credit to the State. 9. The committee further believes that a maximum fee of twenty dollars for the full course and a minimum fee of ten dollars for any part of it should be established, in order that the school may be self-sustaining, that more serious work may be secured from the student, and a deeper appreciation shown of the results which may be obtained.

A. I \ NIGHTINGALE, ALEX. MCLEAN, FRED L. HATCH, CARRIE T. ALEXANDER, ALFRED BAYLISS,

Committee

on

Instruction.

In connection with this report President Draper presented a communication from the Illinois Association of Agricultural Editors advocating the early establishment of a correspondence school. After the reading of this report the Board took a recess until 2:00 o'clock. After the recess the report was adopted. A F T E R N O O N SESSION, DECEMBER 8, 1903.

COLLEGE OF DENTAL SURGERY.

After the recess a conference was had with Doctor Brophy and other gentlemen representing the Chicago College of Dental Surgery, and Doctor Steele and Doctor Newman, representing the College of Physicians and Surgeons of Chicago. As a result of this conference the following resolution was adopted, Mrs. Alexander dissenting:

WHEREAS, A misunderstandnig has arisen between the University and the Chicago College of Dental Surgery concerning the meaning and manner of executing the contract made between us, and which went into effect on October 1, 1903, and it has been discovered that the floating debts of the Chicago College of Dental Surgery October 1, 1903, were considerably in excess of $25,000; therefore, to clear up the difficulties it is Resolved, That a supplementary agreement be prepared covering the following points, viz: 1. That the amount of the " preferred'' bonds be increased from $25,000 to $35,000~-the proceeds of which $35,000 of bonds shall be used to pay the floating indebtedness of the College October 1, 1903, and that the amount of the " c o m m o n " bonds issued shall be $90,000 instead of $100,000. 2. That the University consent that debts of the College of Dental Surgery due October 1, 1903, up to the sum of $12,000 may be paid out of the earnings of the College acquired subsequently to October 1, 1903. 3. That the stockholders of the Chicago College of Dental Surgery shall guarantee the University against any debts or liabilities accrued prior to October 1,