Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 103]

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board or trustees

[September 22

IN WITNESS WHEREOF the Board of Trustees of the University of Illinois has caused this instrument to be executed in quadruplicate by its President and Secretary thereunto duly authorized this twenty-second day of September, J 926. THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS By President Secretary S T A T E O F ILLINOIS,! County or Champaign. J * BE IT REMEMBERED, that on this. day of September, 1926, before me, , a Notary Public, duly commissioned, qualified, and acting in and for the county and state aforesaid, came M E R L E J. T R E E S and H A R R I S O N E. C U N N I N G H A M , who are personally known to me and known to me to be the persons who executed the foregoing instrument, and duly acknowledged that they executed the same as President and Secretary, respectively, of the Board of Trustees of the University of Illinois, described in the foregoing instrument as their authorized act and deed for the purposes and considerations therein expressed. IN W I T N E S S W H E R E O F , I have hereunto set m y hand and affixed m y official seal the day and year last above written. Notary Public This recommendation w a s adopted. RADIO STATION T h e Executive Committee reported the receipt of advice from M r . Boetius Sullivan withdrawing his offer to endow a radio station (see Minutes, pages 226, 296) and relieving the University of any obligation under the deed of gift. O n motion of D r Noble, this report was received for record and the correspondence was deposited with the Secretary to be filed. LEGAL C O U N S E L INTRODUCED At this point, Dean Harno introduced to the Board Judge Sveinbjorn Johnson, Legal Counsel. MATTERS PRESENTED BY PRESIDENT K1NLEY The Board considered the following matters presented by the President of the University. BAKER PRIZE F U N D (1) A statement that Mr. Cecil Baker and other heirs of Professor I. O. Baker desire to replace certain securities donated for the Ira O. Baker Prize Fund with others more stable. O n motion of M r . Armstrong, the Board approved the statement of the President of the University and authorized the finance Committee to arrange for the exchange of securities in accordance with the rules relating to investments.