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Caption: Board of Trustees Minutes - 1926
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376 APPENDIX BOARD OF TRUSTEES [July 28 STATEMENT OF MEMORIAL STADIUM FUND AS AT JUNE 30, 1 1 95 Receipts and Disbursements July 1, 1914 „ , to Total Prior to June 30,teas to Dolt Receipts July I, if** From Subscriptions tl 165 495 52 3"7 191 *° *• 392 680 7* From Donation! S 376 27 90 °°* S *86 27 From Interest 17 7S5 89 I 300 50 19 056 39 From Loans 7162038 10*50000 27512038 Total Receipts Si 261 248 06 $430 901 70 3i 692 149 76 Disbursements Office Collection Expense 753 11 753 II1 Construction 1 258 091 67 41756247 I 675 654 14 Total Disbursements $1 258 091 67 S418 3'5 58 $' 676 407 25 Cask Balance , ¥15 742 51 Balance Sheet Assets Cash 15 742 51 Due from Pledge Installments Past Due Installments 382 921 76 Future Installments 390 409 16 773 330 92 Property and Equipment Stadium' 1 675 654 U Total Assets $1 464 727 57 Liabilities and Surplus Notes Payable 275 120 38 Contracts Outstanding 47 517 80 Invested in Plant and Equipment I 675 654 14 I 998 292 32 Balance of Pledges over Expenditures and Contracts 466 435 25 Total Liabilities and Surplus $2 464 727 57 •Deduct—Refunds. T o be refunded by Athletic Association 'Actual cash expenditures to date only. This report was received for record. REQUEST FOR USE OF THE RESEARCH AND EDUCATIONAL HOSPITALS The President of the University read a letter addressed to the Secre tary of the Health School Club of Chicago explaining that it was not possible to grant the request of this Club for permission for Dr. P. Clark or his associates to practice in the Research and Educational Hospitals. No objection was made to sending this letter. PRESIDENT'S VACATION On motion of Mr. Trees, the President of the University was authorized to extend his vacation to October I. PORTRAIT OF PRESIDENT KINLEY On motion of Mrs. Evans, the President of the Board was requested to appoint a committee to select a good artist to paint a portrait o President Kinley. TIME OF SEPTEMBER MEETING The time of the September quarterly meeting was discussed, and the matter was referred to the President of the Board.
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