Repository: UIHistories Project: Board of Trustees Minutes - 1924 [PAGE 457]

EXTRACTED TEXT FROM PAGE:

4S4

BOARD OF TRUSTEES

[April 12,

second part, the following described land, to-wit: The South yi of the Southwest %, and the Southwest % of the Southeast % of Section 19, Township 19 North, Range 9 East, in the County of Champaign and State of Illinois, containing about 120 acres. T O H A V E A N D T O H O L D T H E S A M E , to the party of the second part, from the 15th day of March, A. D. 1924, to the 1st day of March, A. D. 1927. And the party of the second part, in consideration of the leasing of the premises as above set forth, covenants and agrees with the party of thefirstpart, to pay the party of thefirstpart, at Champaign, Illinois, as rent for same, in the manner following, that is to say, fifteen dollars ($15.00) per acre annually, to be paid July 10th of each year this lease remains in force and if the option hereinafter described is not exercised the party of the second part agrees to leave at the expiration of this lease as many acres of wheat seeded on the land leased as there are seeded to wheat at the present time, or in lieu thereof pay the first party two hundred dollars ($200.00). And the party of the second part covenants with the party of the first part that at the expiration of the term of this lease, he will yield up the possession to the party of thefirstpart, without further demand or notice, in as good order and condition as when the same was entered upon by the party of the second part, loss byfire,or inevitable accident, and ordinary wear excepted. And it is further expressly understood and agreed between the parties hereto, as follows: The party of thefirstpart hereby further agrees that the party of the second part shall have the right at any time during the life of this lease to purchase the entire above described property, or the entire above described property and the North ]/i of the Northwest % of Section 30, Township 19 North, Range 9 East, Champaign County, Illinois, at four hundred andfifty($450.00) dollars per acre, IN W I T N E S S W H E R E O F , the said J. H. Percival has set his hand and seal and the authorized officers of the Board of Trustees of the University of Illinois have attached their signatures, and its corporate seal. Attest: H. P. Rusk J. H. Percival (seal) The Board of Trustees of the University of Illinois By W. L. Noble President Attest: Approved: By H. E. Cunwikgham O. A. Harker Secretary Legal Counsel This report was received for record. LEAVE OF ABSENCE FOR PROFESSOR F. L. STEVENS (19) I recommend that Professor F. L. Stevens be granted leave of absence on onehalf pay for the year 1924-25, under the rules of the University for such absences. O n motion of M r . A r m s t r o n g , this leave w a s granted.

ABSENCE OF MR. A. K. MACKEY

(20) The Dean of the College of Agriculture recommends that Mr. A. K. Mackey, Assistant in Animal Husbandry, be permitted to be absent from M a y 17 to August 29 to make some inquiry into the conditions surrounding the western range sheep industry. I concur in this recommendation. O n motion of M r s . B u s e y , this r e c o m m e n d a t i o n w a s concurred in. ABSENCE WITHOUT PAY FOR MISS FANNIE D U N L A P (21) Director P. L. Windsor of the Library recommends that Miss Fanny Dunlap, Reference Librarian in the Library for several years, be permitted to be absent without pay for two months from June 1, in order that she m a y spend the summer in Europe. I^recommend approval. O n m o t i o n of M r s . B u s e y , this leave w a s granted.