| |
| |
Caption: Board of Trustees Minutes - 1928
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
632 BOARD OF TRUSTEES [June 12 satisfactory deed to said property, and that the sum of $22,000 be appropriated from the Residence Hall Reserve Fund for this purpose. O n motion of M r . Trees, this recommendation w a s approved, by the following vote: A y e , President Armstrong, M r s . Busey, Mrs. Ickes, Dr. Noble, M r . Trees, M r . W a r d ; no, none; absent, M r . Barr, M r . Blair, Mrs. Evans, Mrs. Grigsby, M r . Small. MEETING OF THE EXECUTIVE COMMITTEE ON MAY 24, 1928 (3) A meeting of the Executive Committee of the Board of Trustees was held at Urbana on May 24, 1928, to consider the investment of $4,500 of the E. A. Wallace Scholarship Fund which required immediate action. Present at the meeting were Mr. Armstrong, Chairman, Mrs. Evans, and President Kinley. O n behalf of Mr. Trees, Chairman of the Finance Committee, President Kinley presented the following recommendation from the Finance Committee: May 24, 1928 TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES: The Finance Committee hereby recommend that $4,500 of the E. A. Wallace Scholarship Fund, which under the terms of the bequest of Gertrude E. Haweis must be invested infirstmortgages on Illinois farm land, be invested as a loan to Jessie A. Swigart, secured by afirstmortgage on an 80 acre improved farm in McLean County, near Farmer City, Illinois, for the period of five years at 5 per cent interest, payable annually. This recommendation is made on the understanding that the Abstract and a l other l papers shall prove satisfactory to and be endorsed by the University Legal Counsel- Merle J. Trees per D. K. Mary E. Busey per D. K. Finance Committee Approved and loan directed to be made by proper University officers. J. W . Armstrong Chairman, Executive Committee Laura B. Evans This report was received for record. MINUTES OF THE BUILDINGS AND GROUNDS COMMITTEE (4) A meeting of the Buildings and Grounds Committee was held at the Union League Club in Chicago, 12:30 p. m. M a y 29, 1928. There were present Mr. George A. Barr, chairman, Mrs. Anna W . Ickes, Mrs. Helen Grigsby, Mr. Merle J. Trees. Absent, Dr. William L. Noble. President Kinley and Professor White, Supervising Architect, were present. The following matters were considered and acted on as recorded : 1. President's House. After discussion i was moved by Mr. Trees that the Committee be t ready to recommend to the Board at the July meeting a location for a new President's House. The motion was passed. 2. Naming Streets and Drives. It was moved by Mrs. Ickes that the Committee recommend to the Board the adoption of the policy of naming campus thoroughfares after ex-presidents of the University, and that the Supervising Architect be in-
| |
