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Caption: Board of Trustees Minutes - 1928
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1927] UNIVERSITY OF ILLINOIS 3" SCHEDULE OF COMPANIES B O U N D U N D E R CONTRACTORS' BONDS F R O M JUNE, 1926, TO M A Y 15, 1927 Surplus to Bonds Company Policy Holders Number Amount United States Fidelity and Guarantee Company $14340970 8 $542087 Maryland Casualty Company 10 556 550 2 10 790 Aetna Casualty and Surety Company 913+ 483 1 912 Fidelity and Deposit Company of Maryland 8951444 5 30132 American Surety Company 8 871 376 I 7 356 Massachusetts Bonding and Insurance Company... 6457712 I 1989 Hartford Accident and Indemnity Company 6 171 362 8 42 172 75 ooo1 ( II7I7J) Standard Accident and Insurance Company 4744525 1 1390 Continental Casualty Company 4 000 000 25 ooo1 Detroit Fidelity and Surety Company 3290208 4 24833 Southern Surety Company 2 000 533 10 591 833 175 ooo1 ( 416833) New York Indemnity I 589 932 75 ooo1 Guarantee Company of North America (Canada).. 1 240901 1 22290 O n motion of M r . Barr, this matter w a s referred to the Finance Committee for consideration and report. JUDGMENT AGAINST ELITE SWEET SHOP (11) The Comptroller reports that the Elite Sweet Shop of Champaign, which was a customer of our creamery for three years prior to January, 1926, is defunct. They paid their bills promptly until the latter part of 1925. When they failed to settle bills within sixty days, sales to them were stopped. At that time they had an account amounting to $554.51, which has since been reduced to $104.51. The Legal Counsel has entered a judgment in favor of the Board of Trustees against this Shop in the sum of $129 and some cents to cover this account and the costs, the judgment to become a lien on the property of defendants in the city of Champaign. This report was received for record. REAPPROPRIATION OF FREE BALANCES IN APPROPRIATIONS FOR REMODELING THE OLD LIBRARY BUILDING (12) A recommendation that the following free balances in the appropriations for remodeling the Old Library Building, as of M a y 31, 1927, be reappropriated for finishing the South Addition to this building: Remodel Old Library $ 686 22 Lecture Room in Old Library 64 49 Moving the Library 3 276 77 Southern Surety Company has Bookstacks Removal and Setting of reinsured £175,000. 4 301 00 Total $ 8 328 48 O n motion of Mrs. Grigsby, this appropriation was made, by the following vote: Aye, M r . Armstrong, M r . Barr, Mrs. Busey, Mrs. Evans, Mrs. Grigsby, Mrs. Ickes, M r . Trees; no, none; absent, M r . Blair, M r . Noble, M r . Small, M r . W h a m . ANIMAL HUSBANDRY BUDGET ADJUSTMENTS in part, on budget of the Department of Animal Husbandry for 1926-27 is57, July, (13) The estimated receipts from sales, totalling $46,100 (Minutes, page based,
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