Repository: UIHistories Project: Board of Trustees Minutes - 1910 [PAGE 532]

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494

U N I V E R S I T Y OF I L L I N O I S .

[Dec. 14

We examined all vouchers for disbursements made during the quarter* and found all on file except number 416 (C. Rayburn, $11.39 for milk); all were properly receipted, and all approved by the comptroller. We compared the vouchers with the sums entered in the various warrant registers, and found all correctly entered. To further verify the correctness of the vouchers paid, we tested the extensions and additions of many, and found all computations correct and as recorded. We compared the journal entries made from the various warrant register footings, at the close of the quarter, compared the postings with the ledger entries, and found all correct. We proved the balances in the ledger and drew off a trial balance as at Sept. 30, 1909, as illustrated by Schedule 10. Of the missing vouchers reported as at June 30, 1909, all have been accounted for except number 14682 (J. H. Nelson, $30.00 salary). In our report on the audit of the quarter ended Dec. 31, 1908, we reported uncollected fees for the first and second semesters of 1907-1908 amounting to $2,386.10.There has since been collected the following amounts:

3. A. Jauiegui, No. 420 I. M. Scholnitzky, No. 5321. Bay H. Rich, No. 2029 .lay A. Tavlor, No. 2412. J. M. Sporisler, No. 5468 H. O. Hardwicke, No. 4148. Total collected Balance of fees due from 1907-1908.

$19 50 13 00 29 50 25 00 13 00 15 24 $115 24 $2,270 86

We compared all warrants paid during the quarter year with the list submitted to the secretary; we also obtained from the assistant cashier of the State Bank of Chicago a certificate as to the balance of cash on hand to the credit of the treasurer at the close of business Sept. 30, 1909, viz.: $610,173.49 (which sum agrees with the credit balance as reported by the treasurer in his report to the board Sept. 30, 1909). The following statement is a reconcilement of the treasurer's account with"the books of the University at the close of business Sept. 30, 1909: Treasurer's balance, as shown by the University books, Sept. 30, 1909 $522,649 40 Add unpaid warrants Schedule 9..... .• .... 87,524 09 Balance, cash on hand as per certificate..; Yours very truly, $610,173 49

THE AUDIT COMPANY OF ILLINOIS, By C. W. KNISELY, C. P. A.,

President.

MATTERS P R E S E N T E D BY P R E S I D E N T JAMES.

The president of the University presented the following matters for consideration. IMPORTATION OF CHEMICALS. 1. A request from Prof. W. A. Noyes, head of the Chemical Department, asking for authority to place an order for the importation of chemicals and apparatus for the year 1910-11, for the use of the University of Illinois, to an amount not exceeding $10,000.00. The order will be placed sometime during the next two or three months, but the goods are to be paid for from the appropriation for the year 1910-11. It is necessary to place these orders many months in advance in order to