Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 276]

EXTRACTED TEXT FROM PAGE:

1927]

UNIVERSITY OF ILLINOIS

273

agreement of this investigation by the Board of Trustees and the Ingram-Richardson Manufacturing Co. O n motion of D r . Noble, this investigation w a s approved, and the officers of the Board were authorized to execute the agreement.

RENEWAL OF AGREEMENT WITH NATIONAL WARM AIR HEATING AND VENTILATING ASSOCIATION

(14) The National W a r m Air Heating and Ventilating Association has voted to continue the contract with the University for the cooperative investigation of warm air furnaces. I ask concurrence. O n motion of M r s . B u s e y , the extension of this contract w a s authorized.

REPORT ON INSURANCE ON CHICAGO PROPERTY

(15) A report from the Comptroller on this matter. O n motion of D r . N o b l e , this matter w a s referred to the President of the University for further investigation a n d report to the Executive C o m m i t t e e .

REPORT OF BEQUEST OF CHARLES A. DENISON, DECEASED

(16) Notice has been received that the Board of Trustees of the University of Illinois has been named a legatee to the amount of $25,000 of the estate of the late Charles A. Denison, as follows: " T E N T H — I hereby direct the trustee [the National Bank of Decatur] under this m y last will and testament, after having converted all trust property held by it hereunder into money as hereinbefore provided, to distribute the remainder of said trust fund, subject to the conditions and limitations hereinafter mentioned, as follows: H — T o the Board of Trustees of the University of Illinois, located in Champaign County, Illinois, the sum of Fifteen Thousand Dollars to be known as the "Denison Memorial Fund for Worthy Seniors." This fund shall be loaned out by said board of trustees to such worthy Senior students in any Department of such University, in such amounts, to such persons and upon such terms as shall be prescribed and recommended by a committee consisting of the President and Treasurer of said University and the Dean of the Department from which application for such loan m a y be made; and the recommendation of a majority of such committee shall prevail. For the purpose of more nearly perpetuating this fund, and in order to encourage thrift and economy amongst the beneficiaries thereof, I urge those persons charged with the collection of such loans to be diligent in their efforts to collect the same, to the end that the fund may be reloaned to other worthy students in the various departments of the University. J — T o the Board of Trustees of the University of Illinois, located in Champaign County, Illinois, the sum of Ten Thousand Dollars, to be used by said Board of Trustees for the purchase of such books on such subjects as may be designated by the Librarian in charge of the General Library of said University. This report w a s received for record.

COMPTROLLER'S REPORT OF CONTRACT AND PURCHASE ORDERS

(17) The Comptroller's report of contracts executed and purchase orders in excess of $1,000 issued since the last meeting. CONTRACTS EXECUTED B Y T H E COMPTROLLER APRIL 12, 1927 TO M A Y 16, 1927 Lease contract executed under general regulations:1 Leased to Property Rental Tenure Eugene Stretch 609 South Fell Avenue $50.00 per month April 2, 1927 Normal, Illinois to September 1,1927 ^ e special action of the Board, May 15, 1926