Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 627]

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624

BOARD OF TRUSTEES

[May 23

these words: "provided that in an emergency the Committee may s l or purchase securities when the interests of the University reel quire, on recommendation of the Finance Committee made in accordance with the procedure adopted by the Board at i s meeting t on April 8, 1925." Copies of this recommendation were distributed at the beginning of the meeting. On motion of Mr. Barr, this amendment was adopted. FIRE PREVENTION Mr. Barr reported, for the Committee on Buildings and Grounds, that further study was being made of the situation with respect to f r prevention. ie NOYES PROPERTY Mr. Barr reported a recommendation of the Committee on Buildings and Grounds that the President of the University be instructed to enter into negotiations for the purchase of the Noyes property, on Nevada Street, and to report at the next meeting the price at which this property may be acquired. On motion of Mr. Barr, this recommendation was adopted. NAMING OF STREETS AND AVENUES Mr. Barr, for the Committee on Buildings and Grounds, recommended that the street now designated as "North Drive" be named Gregory Drive, in honor of thefirstRegent of the University. On motion of Dr. Noble, this recommendation was adopted. FINANCING FRATERNITY HOUSES Mrs. Grigsby, for the Committee on Student Welfare, made a report of progress on the consideration of the methods of financing fraternity and sorority houses. Mckinley hospital Mrs. Grigsby, for the Committee on Student Welfare, made a report of progress on the consideration of the operation of the University McKinley hospital. LANDSCAPING THE CAMPUS Mrs. Ickes, for the special committee on the Landscaping of the Campus, made a report of progress. TIME OF JUNE MEETING On motion of Mr. Trees, i was voted to hold the June quarterly t meeting at the University, in Urbana, at 9 o'clock a. m. on Tuesday, June 12, 1928. AUDITORS' REPORTS The Secretary presented for record the following reports of the auditors for the quarters ending December 31, 1927, and March 31, 1928.