Caption: Board of Trustees Minutes - 1992
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UNIVERSITY OF ILLINOIS
to delegate to such individuals as she may designate from time to time authority to sign her name as secretary of the Board of Trustees to vouchers presented to the State Comptroller and to warrants on the University Treasurer covering vouchers approved in accordance with regulations of the board. Be It Further Resolved that the First National Bank of Chicago, as a designated depositary of Bernard T. Wall, treasurer of this corporation, be and it (including its correspondent banks) is hereby requested, authorized, and directed to honor checks, drafts, or other orders for the payment of money drawn in this corporation's name, including those drawn to the individual order of any person or persons whose name or names appear thereon as signer or signers thereof, when bearing or purporting to bear the facsimile signatures of the two following: chair and secretary; and the First National Bank of Chicago (including its correspondent banks) shall be entitled to honor and to charge this corporation for all such checks, drafts, or other orders, regardless of by whom or by what means the facsimile signature or signatures thereon may have been affixed thereto, if such facsimile signature or signatures resemble the facsimile specimens duly certified to or filed with the First National Bank of Chicago by the secretary or other officer of this corporation. And Be It Further Resolved that the State Comptroller is hereby authorized and directed to honor vouchers bearing facsimile signatures of the chair and secretary of the Board of Trustees of the University of Illinois if such facsimile signatures resemble the facsimile specimens duly certified to or filed with the State Comptroller by the secretary. These authorizations are to continue in effect until the State Comptroller has been supplied with specimen signatures of succeeding officers of this board.
On motion of Ms. Reese, the resolution was adopted unanimously.
APPOINTMENT OF COMMITTEES AND ELECTION TO OTHER BOARDS
Mr. Boyle indicated that appointments to all committees of the board and elections to external entities would be made at the February meeting of the board.
BOARD MEETING RECESSED FOR COMMITTEE MEETINGS
At this time, the Committee on Academic Affairs met to receive a report on changes taking place in graduate business education from Dr. Howard Thomas, dean, College of Commerce and Business Administration at Urbana and Dr. Paul J. Uselding, dean, College of Business Administration at Chicago. Topics discussed included the need for balance between what business school curricula include presently and what businesses want of graduates. Emphasis was given to the need for business schools to provide opportunities for students to work in teams rather than strictly as individuals, since team-based organizations are more common in business settings. The importance of providing students with knowledge appropriate to new technologies was another topic stressed, including distance learning, which might be a possible cooperative effort between the two campuses. Also, the importance of acquiring a foreign language for students in business schools was noted. The Committee on the University Hospital also met and received a