Repository: UIHistories Project: Board of Trustees Minutes - 1930 [PAGE 126]

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U N I V E R S I T Y O F ILLINOIS

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First Trust Joint Stock Land Bank of I 000 00 997 SO 9 7 S 11 9 O 0 1010 00 Chicago. 4*f%, «954/34-• 7 000 0 0 7 363 00 7 3 0 0 1 5 7 0 0 7 350 00 Illinois Bell Telephone Co., 5%, 1956. 8 O 0 7 780 00 7 7 0C 97H 7 800 00 Illinois Central R. R. Co.. Chicago. 8 000 0 853 76 8 8 8 7 103 H St. Louis and New Orleans R. R. 8 500 0 0 8 6 5 8 818 75 Co., M % , Series C 1963 8 000 00 8 146 47 8 HO 0 1 0 0 0 8 000 00 Louisville Gas and Electric Co.. 5%. 8 000 00 8 412 50 8 4 000 losJi 4 8 420 co 16 000 0 1 o6j 56 1 0 8 7 1 1 0 6 6 6 5 0 1 160 00 6 1952 z 000 0 0 2 000 00 z 0 0 0 1 2 0 0 0 2 040 co Missouri Pacific R. R. Co., 5%, Series 89x3 00 1 000 00 8 0 00 1 3 9 0 I030 00 nois, 5%. F 1977 1956Western Union - ' Telegraph Co., s%. On New York Edison Co., 5%, 1944- • • • $ 000 00 5 10; 28 5 no 0 1 3 0 0 5 150 00 I95t New York Telephone Co., aW7o. 1930 £105 000 00 £105 486 08 $105 614 50 £106 142 50 Northern States Power Co.. S H % , On motion of Mr. Trees, this report was adopted, by the following 1950 vote: Aye, Mr. Armstrong, Mr. Barr, Mrs. Busey, Mrs. Evans, Mr. Public Service Co. of Northern IlliFisher, Mrs. Grigsby, Mr. Simpson, Mr. Trees; no, none; absent, Mr. Blair, Dr. Noble, Mr. Small. Mr. Trees, for the Finance Committee, presented the following recommendation: The Finance Committee recommends that the Board of Trustees authorize and direct the Treasurer of the University to purchase from the proceeds of the bonds authorized to be sold today, securities to be distributed among the ten issues shown on Schedule B attached. Merle J. Trees

Mary E. Busey SCHEDULE B INVESTMENT RECOMMENDATIONS ILLINOIS MERCHANTS TRUST COMPANY late 5 5 Approximate 5 Amount Name

Maturity 1941 1938 1946 Approximate Price 11 0 lOl)^ 102>i

S BANK $ 10 000 Appalachian Power Company, First.. 1-1-65 92M 4 5 000 Des Moines Electric Company, First. 7-1-63 •OO % 44 J 5 000 West Penn Power Co., First Series A . l°l% 5 4-1-39 HARRIS TRUST &• SAVINGS BANK 6-1-43 I06K S 10 000 Atchison, Topeka and Santa Fe Railway, 8-1-51 4 93 H Rocky Mountain Division, First 103 H 5 3-1-39 10 000 Chicago Union Station Company, First 7-1-44 10254 5 10 coo Cleveland Electric Illuminating Company, First 10 000 Commonwealth Edison Company, First 10 000 Illinois Central Railroad Company, Western Line, First 10 000 San Diego Consolidated Gas and Electric Co., First 10 000 Swift & Company, First On motion of Mr. Trees, this recommendation was adopted, by the following vote: Aye, Mr. Armstrong, Mr. Barr, Mrs. Busey, Mrs. Evans, Mr. Fisher, Mrs. Grigsby, Mr. Simpson, Mr. Trees; no, none; absent, Mr. Blair, Dr. Noble, Mr. Small. RECOGNITION OF GIFTS Mr. Trees, for the Special Committee to consider the form of recognition of gifts to the University, made the following report: After careful study of the matter and, especially, inquiry into the practice certain other institutions, it is the opinion of your committee that it would be inadvisable to initiate the practice of commemorating gifts with bronze tablets to be affixed on thewill become so numerous as toThe reasons are these: will occupy too 1. They walls of University buildings. become common and