Repository: UIHistories Project: Board of Trustees Minutes - 1912 [PAGE 154]

EXTRACTED TEXT FROM PAGE:

1.1.0

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

[April 27

Treasurers

Report—Concluded.

Cr. 1911. Mar. 31 By amount paid out of general fund, as per list of warrants herewith $378,537 56 31| By amount paid out of College of Medicine fund, as per list of warrants herewith 25,870 87 31 By amount paid out of School of Pharmacy fund, as per list of warrants herewith 2,844 49 31 By amount paid out of Agricultural Experiment Station fund, as per list of warrants herewith 7,834 72 BalancesGeneral fund College of Medicine fund School of Pharmacy fund Agricultural Experiment Station fund j[$728,134 47 27,764 83 5,172 47 2,171 70

$415,087 64

,

763,243 47

$1,178,33111

Respectfully submitted,

* , Treasurer.

H. A. HAUGAN,

TREASURER'S B O N D .

T\Ir. H o i t reported for the Finance by the treasurer, M r / H . A. Haugan, ($2,000,000) had been examined and of Mr. Grout the. bond was approved

Committee t h a t the bond offered in the sum of two million dollars found satisfactory. Upon motion and accepted.

BOND.

1£NOW ALL MEN BY THESE PRESENTS, That we, Henry A. Haugan, as prin-

cipal, and Leroy A. Goddard, Herman G. Haugan, Oscar H. Haugan, Theodore Freeman, George E. Rickcords and William A. Peterson as sureties, <afe held and firmly bound unto the University of Illinois, of Urbana, in the county of Champaign, State of Illinois, in the sum of two million dollars ($2,000,000.00) good and lawful money of the United States, for the payment of which, well and truly to be made, we 4i>ind ourselves and our heirs, executors and administrators, jointly, severally and firmly by these presents. Witness our hands and seals this twenty-fifth day of March, A. D. 1911. The condition of this obligation is such that whereas the above bounden, Henry A. Haugan, was on the twentieth day of March, A. D. 1911, duly elected to the office of treasurer of the University of Illinois, for a period ending on the day of March, A. D. 1913, or until his successor shall be appointed and qualified, and is about to assume the- duties of said office. Now, if the said Henry A. Haugan shall well and truly perform and faithfully discharge the duties of treasurer of said University of Illinois during his term of oflice, 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, and at the expiration of his term of oflice shall pay over to his successor in oflice, 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 oflice or other person appointed to receive the