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Caption: Board of Trustees Minutes - 1910
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1909] PROCEEDINGS OE THE BOARD OE TRUSTEES. 143 sity of Illinois, render a just and true account of his doings as such treasurer, then this obligation to be void; otherwise to remain in full force, effect and virtue. HELGE A. HAUGAN LEROY A. GODDARD HAUMAN G. HAUGAN THEODORE FREEMAN GEORGE E. RICKCORDS WILLIAM A. PETERSON (Seal) (Seal) (Seal) (Seal) (Seal) (Seal) EEPORT OE THE EXECUTIVE COMMITTEE. The president of the board, Mr. Abbott, made the following report of the Executive Committee, which was received for record: CHICAGO, I I I . , May 18, 1909. To the Board of Trustees : Your Executive Committee reports that the treasurer of the University, Mr. Helge A. Haugan, died in Chicago May 17, 1909. Your committee met officers of the State Bank of Chicago today and arranged with the State Bank of Chicago and the bondsmen of Mr. Haugan to continue the payment of warrants against -the treasurer, until such time as the board shall elect a new treasurer and he shall qualify for the office. The following is presented as the action of the bondsmen in regard to this matter, which the bank and your Executive Committee accepted and agreed to: CHICAGO, I I I . , May 18, 1909. To the University of Illinois, the State Bank of Chicago, and All Others Whom It May Concern: The undersigned sureties on the bond given by the late Helge A. Haugan for the faithful performance of his duties as treasurer of the University of Illinois, hereby request that warrants drawn on said treasurer and payable at the State Bank of Chicago be paid in due course, notwithstanding said Helge A. Haugan's death, until a successor to him as such treasurer be elected and qualified, and in consideration of any and all such payments the undersigned hereby undertake and agree that the bond of said Haugan on which they are sureties as aforesaid, shall, so far as they are concerned, be held to be extended and continued in respect to all such payments, so that any liability which would have accrued to them on account thereof if Mr. Haugan had still been living and in ofiice as aforesaid when the same were respectively made, shall accrue and be binding on them notwithstanding the death of said Helge A. Haugan. In other words, to such an extent as warrants described as aforesaid shall be paid or shall have been paid since Mr. Haugan's death said bond shall stand and cover the same and all consequences 'of the payment thereof to the same extent as it would have done if Mr. Haugan had been still living and treasurer as aforesaid when they were respectively paid. LEROY A. GODDARD, WILLIAM A. PETERSON, GEORGE E. RICKCORDS, HATJMAN G. HAUGAN, THEODORE FREEMAN. Respectfully submitted, • W. Li. ABBOTT, A. P. GROUT.
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