Repository: UIHistories Project: Board of Trustees Minutes - 1930 [PAGE 593]

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59°

BOARD OF TRUSTEES

[May 9

Vincent Bendix, President, Bendix Aviation Corporation, Chicago, Illinois Walter J. Buettner, Vice-President, Bendix Aviation Corporation, Chicago, Illinois R. E . Bard, President, Bard and Company, Chicago, Illinois R. A. Bard, President, Chicago Investors Corporation, Chicago, Illinois F. N . Bard, Chairman, Warchel Corporation, Chicago, Illinois Frank B. Black, Attorney, Chicago, Illinois Jerome P. Bowes, Jr., President, Bowes & Company, Chicago, Illinois Carroll E. Gray, Jr., Executive Vice-Pres., Central Illinois Company, Chicago, Illinois George R. Jones, Vice-President, Public Service Company, Chicago, Illinois W . L. O'Neill, Vice-President, Bendix Aviation Corporation, and President, Stromberg Motor Devices, Chicago, Illinois O n m o t i o n of D r . N o b l e , this list w a s a p p r o v e d . STANDING C O M M I T T E E O N PATENTS O n motion of M r . Trees, it was voted to amend Article IV, Section 6, of the By-Laws of the Board, by inserting the word "Patents" at the end of the section, to provide for a standing committee, of three members, on patents. The vote was as follows: Aye, President Barr, Mr. Armstrong, Mrs. Evans, M r . Fisher, Mrs. Grigsby, Dr. Noble, Mr. Trees; no, none; absent, Mr. Blair, M r . Emmerson, M r . Simpson. President Barr notified the Secretary, later in the day, that he had appointed to serve on the standing Committee on Patents: Mr. Fisher, Chairman, M r . Armstrong, Dr. Noble. T E R M O F T H E P R E S I D E N T O F T H E UNIVERSITY O n motion of Dr. Noble, Article V, Section 2, of the By-Laws of the Board was amended to read as follows: Section 2. The President of the University shall be elected to hold his office on indefinite tenure, at the pleasure of the Board. The vote on this amendment was as follows: Aye, President Barr, Mr. Armstrong, Mrs. Evans, M r . Fisher, Mrs. Grigsby, Dr. Noble, Mr. Trees; no, none; absent, Mr. Blair, Mr. Emmerson, Mr. Simpson. CARTER-PENNEUL REPORT Mrs. Grigsby, for the Committee on Agriculture, presented the following report. A meeting of the Committee on the Carter-Pennell Farms was held in the President's Office at 9:35 Friday morning, M a y 9, 1930, Mrs. Evans and Mrs. Grigsby being present—Mrs. Grigsby acting as Chairman. The Committee approved the annual report and recommended that it be accepted by the Board of Trustees, and further concurred in the recommendation of the Committee in charge of the farms that $750 be transferred from the net income to the Carter-Pennell Student Loan Fund. Helen M . Grigsby Laura B. Evans On motion of Dr. Noble, the report of the Committee was adopted, the annual report on the operation of the farms w a s accepted, and $750 income from the farms w a s transferred to the loan fund, b y the following vote: A y e , President Barr, M r . Armstrong, M r s . Evans, M r . Fisher, M r s . Grigsby, Dr. Noble, M r . Trees; no, none; absent, M r . Blair, M r . E m m e r s o n , M r . Simpson.