Repository: UIHistories Project: Board of Trustees Minutes - 1912 [PAGE 47]

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1910]

PROCEEDINGS OE THE BOARD OF TRUSTEES.

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board meeting of June 29th, and under the new contract the University assumed full control of the College of Physicians and Surgeons on Sept. 1, 1910. Copies of all the essential papers in the case, designated by letters "A" to "J" inclusive, are submitted herewith. The work for which it was appointed being completed, the committee asks to be discharged. Respectfully submitted,

FEED L. HATCH, CHARLES DAVISON, W. L. ABBOTT,

Committee. . The report was adopted by the following vote: Ayes^ Messrs. Blair, Crebs,, Grout, Hatch, and Moore and Mrs. Busey and Mrs. E v a n s ; nays, Mrs. Bahrenburg; absent, Governor Deneen and Messrs. Abbott and Meeker. The following is a copy of the lease negotiated:

THE LEASE.

This Indenture, made this first day of September, A. D. 1910, between the College of Physicians and Surgeons, a corporation organized and operating under the laws of the State of Illinois, party of the first part, and the Board of Trustees of the University of Illinois, a corporation organized and operating under the' laws of the State of Illinois, party of the second part, WiU nesseth: 1. That the party of the first part, for and in consideration of the covenants and agreements hereinafter mentioned to be kept and performed by the party of the second part, has demised and leased to the party of -the second part all those premises lying and being in the city of Chicago in the county of Cook, and State of Illinois, known and described as follows, to-wit: Lots fifteen (15), sixteen (16), seventeen (17), and eighteen (18), in Balestier's Subdivision of block twenty-three (23) in Ashland Second Addition to Chicago, according to the plat entitled "Balestier's Subdivision of blocks eleven (11), part of fourteen (14), eighteen (18), east half of nineteen (19) and twenty-two (22), and all of twenty-three (23) in Ashland Second Addition to Chicago," recorded in the recorder's office of Cook county, in the State of Illinois, in book 166 of maps, pages 70 and 71, and re-recorded in the same office of book 14 of plats page 85; Also lots one (i) to seven (7) inclusive, in block twenty-three (23); also sub-lots one (1) to seven (7) inclusive of lots nineteen (19) to twenty-five (25) inclusive, in block twenty-three (23), and the vacated alley running north and south through said block twenty-three (23) in Ashland Second Addition to Chicago, in the west half of the northeast quarter of section eighteen (18), township thirty-nine (39) north, range fourteen (14) east of the third principal meridian, including the buildings thereon, together With the furniture, fixtures and apparatus therein, and all the right of way over any alleys adjacent to said buildings now held by the party of the first part. To have and to hold the above described premises, with the appurtenances thereunto belonging, together with the property described in the schedule hereto attached, marked "Schedule A" (which bears the signature of D. A* K. Steele, president 6f the College of Physicians and Surgeons, and S. W. Shattuck, comptroller of the University of Illinois, for the purpose of identification), unto the said party of the second part from the first day at September in the year of Our Lord one thousand nine hundred and ten until and including the thirty-first day of August in the year of Our Lord one thousand nine hundred and eleven. 2. And the said party of the second part, In consideration of the leasing of the premises aforesaid, covenants and agrees to pay to the said party of