Repository: UIHistories Project: Board of Trustees Minutes - 1916 [PAGE 233]

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1915]

PROCEEDINGS OE THE BOARD OE TRUSTEES.

233

All are

worth over $200 an acre, as well as acreage in Iowa and North Dakota. men of highest credit and responsibility. The Harris responsibility represents at least three million dollars. Trusting that the bond may be acceptable to the board, I am Yours respectfully,

[BOND.] Know all men by these presents, that we, Hazen S. Capron, as principal, and Margaret B. Capron, B. F . Harris, May M. Harris, N. M. Harris, Mary B. Harris, Melissa M. Harris, W. S. Van Doren, Harry Grove, Gerd Ehler and W. W. Ehler, as sureties, are held and firmly bound unto the Board of Trustees of the University of Illinois, of Urbana, in the county of Champaign, State of Illinois, in the sum of one million dollars ($1,000,000) 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 18th day of March, A. D. 1915. The consideration of this obligation is such that whereas the above bounden Hazen S. Capron was on the 9th day of March, A. D. 1915, duly elected to the office of Treasurer of the University of Illinois, for a period ending on the 9th day of March, A. D. 1917, or until his successor shall be appointed and qualified, and ig about to assume the duties of said office. Now, if the said Hazen S. Capron 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 any 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 any other person appointed to receive the same, the property, books, papers, and other things in his hands belonging to said office, and shall, at the expiration of his term of office, or oftener, if thereunto requested by the Board of Trustees of said University of Illinois, render a just and true account of his doings as such Treasurer, then this obligation to be null and void; otherwise to remain in full force, effect and virtue.

W. S. VAN DOREN. HARRY GROVE. GERD EHLER. W. W. EHLER. STATE OP ILLINOIS, ] COUNTY OF CHAMPAIGN. J S S C

H. S. CAPRON.

HAZEN S. CAPRON. MARGARET B. CAPRON. B. F . HARRIS. M A T M. HARRIS. N. M. HARRIS. MARY B. HARRIS. MELISSA M. HARRIS.

I, W. E. C. Clifford, a notary public, in and for said county, in the State aforesaid, do hereby certify that W. S. Van Doren, Harry Grove, Gerd Ehler, and W. W. Ehler are personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and acknowledged they signed, sealed and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth. Given under my hand and notarial seal this 27th day of March A. D. 1915. I, W. E. C. Clifford, a notary public, in and for said county, in the State aforesaid, do hereby certify, that Hazen S. Capron, Margaret B. Capron, B. F. Harris, May M. Harris, N. M. Harris, Mary B. Harris, Melissa M. Harris, are personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that they sighed, sealed and delivered the said instrument as their free and voluntary act, for the uses and purposes therein set forth. Given under my hand and notarial seal this 18th day of March A. D. 1915.

(SEAL) W. E. C. CLIFFORD, Notary Public. (SEAL) STATE OF ILLINOIS, 7 COUNTY OF CHAMPAIGN. \ ' W. E. C. CLIFFORD, Notary Public.

O. K. O. A. HARKER, Legal Counsel. On motion of Mr. Hopkins, the committee voted to recommend that Mr. Capron's bond be accepted. OFFER OF BRONSON PROPERTY. The committee took no action concerning the offer of the Bronson property at $25,000. (Minutes, March 9, 1915, page 223.)

PROPERTY IN CHAMPAIGN.

On motion of Capt. Trevett, the committee voted to recommend that the board authorize Mr. F . M. Vanneman to secure options for the purchase of certain land in Champaign. (Minutes, March 9, 1915, page 225.)

APPROPRIATION BILL.

Vice President Kinley presented, for President James, a memorandum- on the bill to be introduced into "the General Assembly now in session. [MEMORANDUM FOR THE BOARD OF TRUSTEES IN RE UNIVERSITY APPROPRIATION BILL.] In the memorandum which I laid before you March 5, 1913, concerning the appropriation bill, which was the first to be passed on the basis of the proceeds of