Repository: UIHistories Project: Board of Trustees Minutes - 1930 [PAGE 361]

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358

board of trustees

[September 18

DEATH BENEFIT—FRANCIS CRATHORNE

(18) The Acting Comptroller requests an appropriation of $382.47 from the Reserve and Contingent Fund to pay the death benefit of Francis Crathorne who was retired September 1, 1926, and died July 21, 1929. This is payable to his beneficiary, Arthur R. Crathorne. O n motion of M r s . Grigsby, this appropriation w a s m a d e , b y the following vote: A y e , President Armstrong, M r . Barr, M r . Blair, M r s . Busey, M r s . Evans, M r s . Grigsby, Dr. Noble, M r . Trees; no, none; absent, M r . E m m e r s o n , M r . Fisher, M r . Simpson.

ASSESSMENT AGAINST UNIVERSITY FOR PROPOSED SYSTEM OF SEWERS O N WEST SIDE OF CHICAGO

(19) A letter from Professor White stating that he has notice of assessments against the University on account of its Chicago property under date of September 9, 1929, and that the court will be asked to confirm the assessments on September 26. These assessments are on account of the proposed system of sewers on the west side of Chicago north of Harrison Street, which includes, therefore, our medical and dental properties. The assessment on account of the medical site is $1370.25, on account of of the dental, $725, and on account of the pharmacy, $650.35, making a total of $2,745.60, which is payable infiveannual installments with 5 per cent interest. There is some indication that these assessments may be reduced. I recommend that the matter be taken up by our Legal Counsel with the Superintendent of Special Assessments of the City of Chicago, the Legal Counsel being empowered to advise the Superintendent that the University will accept an assessment when satisfied that such assessment is a fair assessment. O n motion of Dr. Noble, this recommendation w a s adopted.

COOPERATIVE I NVESTIGATION OF THEGROWTH OF TOX1 N FORMATION BY CLOSTRIDIUM BOTULINUM IN CERTAIN CANNED M E A T PRODUCTS

(20) A recommendation from the head of the Department of Bacteriology and the Dean of the College, that an agreement with the Institute of American Meat Packers, for a cooperative investigation of the Growth of anti-toxin Formation by Clostridium Botulinum in certain canned meat products, be approved. The agreement is drawn for a period of one year beginning September 15, 1929, and the Institute of American Meat Packers agrees to pay $3500 to cover the expenses of this investigation. O n motion of M r s . Evans, this agreement w a s authorized.

APPROPRIATION FOR COLLEGE OF DENTISTRY

(21) By a misunderstanding, part of the special appropriation made for Dental Research was allowed to lapse on June 30, last, instead of being carried forward, as the Dean had requested, to meet the expenses which occurred through the summer in this work. The Dean requests an appropriation, which should be $375. I request this appropriation from the Reserve and Contingent Fund. O n motion of D r . Noble, this appropriation w a s m a d e , b y the following vote: A y e , President Armstrong, M r . Barr, M r . Blair, M r s . Busey, M r s . Evans, M r s . Grigsby, Dr. Noble, M r . Trees; no, none; absent, M r . E m m e r s o n , M r . Fisher, M r . Simpson.

REPORT ON KEY SYSTEM TRANSIT COMPANY BONDS

(22) The University holds bonds of the face value of $5,000 of the Key System Transit Company (part of the principal of the Marcus Russell Trust Fund). These bonds are of the Series General and Refunding Mortgage Gold Bonds, at 5 per cent, dated July 1, 1923. On M a y 17, 1929, the Board directed the Comptroller and the Treasurer to sell the bonds at the best price obtainable (Minutes, page 212). In July, the Comptroller reported that no bids had been received on these bonds and that the interest coupons due July 1, 1929, had been returned unpaid. a reputableJohnson, Legal Counsel, then corresponded with Cushing Readjustment Judge Jawfirmin San Francisco, and with the Secretary of the and Cushing,