Repository: UIHistories Project: Board of Trustees Minutes - 1924 [PAGE 157]

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154

board of trustees

[March 13,

and obligations, and in witness whereof, caused the name of said Board or Trustees to be affixed hereto by the President of said Board, and to be attested by the Secretary of said Board or Trustees, under its Corporate Seal. Board or Trustees or the University or Illinois, (seal)

By: W. L. Noble

President of the Board.

Attest: H. E. Cunningham

Secretary 0/ said Board of Trustees. Therefore, Be it Resolved, that this deed is hereby accepted, and the Board, as grantee, agrees to carry out and fulfil the conditions of trust in this deed imposed in such manner as therein directed, consistent with the duties imposed upon the Board by law in discharge of its duties in the government and management of the University of Illinois, provided, that the University of Illinois shall not be obligated to expend any of its o w n funds in administering this trust as such. O n motion of Mrs. Blake, it was voted that, in view of the fact that leases have been m a d e for the present year, the income for 1923 be paid to M r . Carter. O n motion of Mrs. Blake, the President of the University was requested to express to M r . and Mrs. Carter the thanks and appreciation of the Board for their generous gift. O n motion of Mrs. Evans, the President of the University was requested to express to M r . Hall the Board's appreciation of his services in connection with the Carter trust. L O T S IN C O L L E G E P L A C E (9) A recommendation that the following lots in College Place be purchased: From Miss Fanny B. Sherfy: Lots 1, 86, 94, 96, and 144; Consideration: $11,800; terms: $5,ooc down, with interest on the balance at not to exceed 6 percent. From Mr. A . W . Stoolman: Lots 4,5,59,60, 61, 108, m , 112, 113, 115, 119, no, 145, 148, 149, 150, 153, 154, 157, and 158; Consideration: $29,900 and the six lots in the north half of College Place purchased as a site for the McKinley Hospital; terms: $10,000 down, with interest on the balance at not to exceed 6 percent, the University to assume the unpaid special assessments and Mr. Stoolman to pay the taxes for 1922. O n motion of M r s . Blake, the purchase of these lots w a s ordered and the necessary appropriation from the Reserve a n d Contingent F u n d w a s m a d e by the following vote: A y e , M r . Armstrong, M r s . Blake, M r s . Busey, M r s . Evans, M r s . Grigsby, M r . Noble, M r . Trees, no, none; absent, M r . Blair, M r . Herbert, M r . Small, M r . Trimble.

LIBRARY PLANS

(10) Plansforthefirstunit of the new Library building. M r . Root, representing Holabird a n d Roche, explained these plans. O n motion of M r . Trees, action o n these plans w a s deferred to the meeting of April 11.