Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 481]

EXTRACTED TEXT FROM PAGE:

478

board of trustees

[October 12

BOND

K N O W A L L M E N B Y T H E S E PRESENTS, That we, Arthur M . Burke, as Principal, and Eugene I. Burke, Geo. J. Babb, Almond W . Stoolman, Orin L. Percival, David B. Wright, Arthur Sheridan, Mathew W . Busey, and Allen F. Moore, as sureties, are held and firmly bound unto the Board of Trustees of the University of Illinois, in the penal sum of One Million Dollars ($1,000,000.00) lawful money of the United States of America, for the payment of which sum well and truly to be made, w e bind ourselves, our respective heirs, executors, administrators, and assigns, and each of them, by these presents. W I T N E S S O U R H A N D S A N D S E A L S T H I S 27th day of May, A. D. 1927. T H E C O N D I T I O N of the above obligation is such that W H E R E A S , the above bounden, Arthur M . Burke, was on the 8th day of March, A. D. 1927, duly elected to the ofEce of treasurer of the University of Illinois, for a period ending on the 8th day of March, A. D. 1929, or until his successor shall be appointed and qualified and is about to assume the duties of said office: N O W , T H E R E F O R E , if the said Arthur M . Burke shall well and truly perform and faithfully discharge the duties of Treasurer of said University of Illinois, during his term of office, and shall faithfully keep and truly account for all moneys, bonds, securities or other property coming into his hands as such Treasurer during his term of office, and shall pay when properly drawn and presented to him all warrants, authorized by the Board of Trustees of the University of Illinois, drawn against funds in his hands belonging to the said University of Illinois, and at the expiration of his term of office, on due request to him, shall pay over and deliver to his successor in office, or to any other person duly authorized by the Board of Trustees of said University of Illinois to receive the same, all moneys, bonds, securities or any other property received by him as such Treasurer and not otherwise lawfully paid out or disposed of, and shall deliver to his successor in office, or any other person appointed to receive the same, the property, papers, and other things in his hands belonging to said office, and shall at the expiration of his term of office, or oftener, if thereunto requested by the Board of Trustees of the said University of Illinois, render a just and true account of his doings, as such Treasurer, then this obligation shall be null and void; otherwise to remain in full force and effect. David B. Wright Arthur Sheridan Matthew W. Busey Allen F. Moore Arthur M. Burke Eugene I. Burke Geo. J. Babb Almond W. Stoolman Orin L. Percival State or Illinois 1 Champaign County / I, Paul LaVernway, a Notary Public i and f r s i County i the State n o ad n a o e a d do hereby c r i y that Arthur M. Burke, Eugene I. Burke, Geo. J frsi, etf . Babb, Almond W. Stoolman, Orin L. Percival, David B. Wright, Arthur Sheridan, Mathew W. Busey, and Allen F. Moore, who are p r o a l known to me esnly t be the same persons whose names are s b c i e to the f r g i g instrument, o usrbd oeon appeared before m e this day in person and acknowledged that they signed, sealed, and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth. Given under m y hand and notarial seal this 27th day of M a y , 1927. Paul LaVernway M y commission expires January 12th, 1931. Approved June Notary Public Sveinbjorn Legal Counsel 16, 1927. Johnson