Repository: UIHistories Project: Board of Trustees Minutes - 1914 [PAGE 208]

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UNIVERSITY OF ILLINOIS.

[April 4,

Mathers, Jennie A., Stenographer in the Offipe of the College of Literature and Arts, a t a salary of fifty dollars ($50) a month, from March 1, 1913, until further notice or until August 31, 1913. (April 2, 1913.) Scott, Edna Lyman, Lecturer in the Library School, for five weeks beginning April 7, 1913, a t a remuneration for the period named of two hundred fifty dollars ($250). (March 14, 1913.) Sharp, Bertha, Catalog Assistant in the Library, for seven months beginning February 1, 1913, at a salary of fifty-five dollars ($55) a month, vice Flora M. Case, resigned. (March 13, 1913.) Yensen, Trygve D., transferred from the position of Assistant in the Engineering Experiment Station and Administrative Assistant to the Director of the Engineering Experiment Station, at a salary of one hundred fifty dollars ($150) a month, to that of Assistant in Electrical Engineering in the Engineering Experiment Station, at a salary of one hundred dollars ($100) a month, from April 1, 1913, until August 31, 1913. (March 18, 1913.) ADDRESS TO T H E GENERAL ASSEMBLY CONCERNING T H E MEDICAL SCHOOL.

President James presented the draft of an address to the General Assembly in the matter of the College of Medicine, entitled "Memorandum Concerning the College of Medicine of the University of Illinois." On motion of Mr. Montgomery, it was voted unanimously to endorse this address and to authorize the President of the University to send copies of it to the members of the General Assembly. At this point Mr. Meeker withdrew.

MINUTES OF T H E EXECUTIVE COMMITTEE MEETING, APRIL 4, 1913.

The secretary presented the following report of a meeting of the Executive Committee, held just prior to the meeting of the board:

& CHICAGO, April 4, 1913.

To the Board of Trustees of the University of Illinois. Your Executive Committee held a meeting on this date at the Blackstone Hotel in Chicago. All of the members were present, namely: Messrs. Abbott, Moore, and Trevett; also Mr. M. W. Busey, Treasurer, and President James.

T R E A S U R E R ' S BOND; R A T E OF I N T E R E S T .

The treasurer's bond was presented, together with the following letter from Mr. Busey:

CHICAGO, April 4, 1913.

Chairman of the Board of Trustees^ University of Illinois, Urbana, III.: If my bond is accepted and I am elected treasurer, I hereby agree to pay the University interest on daily balances at the rate of two per cent (2%) on the funds coming into my hands. Tours truly,

M. W. BUSBY.

[BOND.] Know all men by these presents, that we, Matthew W. Busey, as principal, and George W. Busey, John W. Busey, James B. Busey, Ulysses G. Swearingen, John K Black, George M. Johnson, Albert J. Kirkpatrick, John P. Hudson, John T. White, John W. Stipes, A. B. Smith, F . M. Marriott, Jacob M. Smith, John A. Edwards, Wm. I. Saffell, Frank D. WiUard, as sureties, are held and firmly bound into the University of Illinois, of Urbana, in the county of Champaign, State of Illinois, in the sum of two million dollars ($2,000,000) good and lawful money of the United States, for the payment of which, well and truly to be made, we bind ourselves and our heirs, executors and administrators, jointly, severally and firmly by these presents. Witness our hands and seals this 14th day of March, A.D. 1913. The consideration of this obligation is such that whereas the above bounden, Matthew W. Busey; was on the 11th day of March, A.D. 1913, duly elected to the office of treasurer of the University of Illinois, for a period ending on the 11th day of March, A.D. 1915, or until his successor shall be appointed and qualified, and is about to assume the duties of said office. Now, if the said Matthew W. Busey shall well and truly perform and faithfully discharge the duties of treasurer of said University of Illinois, during his term of office, 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 office shall pay over to his successor in office, 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 office or