Repository: UIHistories Project: Board of Trustees Minutes - 1914 [PAGE 204]

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Meeting of April 4, 1913.

A special meeting of the Board of Trustees of the University was held at the Blackstone Hotel, in the city of Chicago, on Friday, April 4, 1913, beginning at 12 M., pursuant to the following notice which was sent out by the secretary on March 28, 1913:

U p o n t h e call of t h e p r e s i d e n t , Mr. W . D. Abbott, t h e r e will be a special m e e t i n g of t h e B o a r d of T r u s t e e s of t h e U n i v e r s i t y of Illinois a t t h e B l a c k s t o n e Hotel, in t h e c i t y of Chicago, on F r i d a y , A p r i l 4, 1913, b e g i n n i n g a t 12 ;00 M., t o consider such m a t t e r s a s t h e c o m m i t t e e s of t h e b o a r d a n d t h e P r e s i d e n t of t h e University m a y submit and such other m a t t e r s a s m a y be duly presented.

When the board convened, the following members were present: Mr. Abbott, Mrs. Busey, Mrs. Evans, Mrs. Henrotin, Mr. Hoit, Mr. Meeker, Mr. Montgomery, Mr. Moore, Mr. Trevett, Miss Watson. President James wa& present.

MINUTES APPROVED.

The secretary presented the minutes of the special meeting of March 5, 1913, and of the annual meeting of March 11, 1913, both of which, on motion of Mrs. Henrotin, were approved.

REPORT OF A U D I T COMPANY.

The secretary presented a report from the United States Audit Company of Chicago, of an audit of the books and accounts of the University for the quarter ending December 31, 1912. This report was received to be printed, the accompanying exhibits and schedules to be filed.

F e b r u a r y 6, 1913. P. Grout, Esq.; Chairman Finance Committee, University of Illinois, Winchester, III. D E A R S I R : A g r e e a b l y to y o u r request, w e h a v e m a d e a n a u d i t of t h e books a n d a c c o u n t s of t h e U n i v e r s i t y of Illinois for t h e second q u a r t e r of t h e fiscal y e a r a s e n d e d D e c e m b e r 3 1 , 1912. On t h e s e v e r a l s t a t e m e n t s , a s e n u m e r a t e d on t h e i n d e x prefixed h e r e t o , w e p r e s e n t full d e t a i l s of t h e c a s h r e c e i p t s a n d d i s b u r s e m e n t s . "We reconciled t h e chief c l e r k ' s c a s h a c c o u n t on t h e m o r n i n g of J a n u a r y 20, 1913, p r o v e d t h e c a s h book footings from October 23, 1912, to J a n u a r y 20, 1913, verified t h e c a s h in t h e office b y count, a n d e x a m i n e d a n d proved t h e footings of t h e a p p r o v e d a n d receipted .vouchers in process of e n t r y . T h e first N a t i o n a l B a n k of C h a m p a i g n g a v e u s a letter, certifying a s t o t h e c a s h on deposit a t J a n u a r y 20, 1913, a m o u n t b e i n g $12,050.69. S u m m a r i z e d , t h e chief clerk's c a s h a c c o u n t is a s f o l l o w s : B a l a n c e on h a n d October 23, 1912 ; $13,357 59 Receipts from various sources 31,065 56 A. Deduct—Remittance to treasurer $44,423 15 29,696 04 $14,727 11 $ 1,019 43 1,298 12,050 00 08 98 69

B a l a n c e on h a n d J a n u a r y 20, 1913 Made up as follows— Currency Coin Checks for deposit First National Bank balance Total cash V o u c h e r s in process of e n t r y Loans '

:

$14,411 75 215 36 100 00 -•—

$14,727 11

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