Repository: UIHistories Project: Board of Trustees Minutes - 1924 [PAGE 150]

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UNIVERSITY OF ILLINOIS

147

TREASURER'S B O N D On motion of Mr. Blair, the amount of the Treasurer's bond was fixed at one million dollars. On motion of Mr. Trimble, the Finance Committee was instructed to see that the Treasurer secure a satisfactory bond, and to report this bond to the Board for approval. AUTHORITY TO RECEIVE MONEYS On motion of Mr. Blair, the following resolution was adopted: Resolved, that the Treasurer of the Board of Trustees of the University of Illinois is hereby to receive and receipt for all moneys, and to endorse all orders, drafts, and checks due and payable to the Board of Trustees or to the University of Illinois, and especially all drafts drawn by the Treasurer of the United States payable to the Board of Trustees or the University of Illinois. DELEGATION OF SIGNATURE OF PRESIDENT AND SECRETARY On motion of Mr. Trimble, it was voted that Mr. W. L. Noble, President of the Board of Trustees, and M r . H . E. Cunningham, Secretary of the Board of Trustees, be authorized to delegate the signing of their names as President and Secretary, respectively, to vouchers to be presented to the State Auditor, and to warrants drawn on the Treasurer of the University, in accordance with the following plan: N o disbursement shall be made from any University funds in the hands of either the University Treasurer or the State Treasurer except on a voucher certified by the proper officer or head of department, against an appropriation made by the Board of Trustees, and approved by the Comptroller, according to the Statutes of the University. The President of the Board of Trustees is authorized to delegate to the Auditor and to the Assistant Bursar in the Business Office authority to sign his name, as President of the Board of Trustees, to vouchers against the State Auditor, and to warrants on the University Treasurer for vouchers approved as above. T h e Secretary of the Board of Trustees is authorized to delegate to the Bursar and to the Assistant Auditor in the Business Office authority to sign his name, as Secretary of the Board of Trustees, to vouchers against the State Auditor, and to warrants on the University Treasurer for vouchers approved as above. The President and the Secretary of the Board of Trustees are authorized to delegate to the Comptroller authority to sign the name of the President or of the Secretary of the Board of Trustees to vouchers against the State Auditor, and to warrants on the University Treasurer in case of emergency; provided that under no circumstance shall the Comptroller sign the names of both the President and the Secretary to the same warrant or voucher. MATTERS PRESENTED BY PRESIDENT KINLEY The Board considered the following matters presented by the President of the University. PLANS FOR PROPOSED BUILDINGS (1) A recommendation that the Supervising Architect, with Mr. C. A. Piatt as Associate Architect, be instructed to proceed with the preparation of plans for proposed buildings, including the Gymnasium, Commerce Building, Dairy group, and Woman's Residence Hall.