Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 396]

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394

BOARD OF TRUSTEES

[September

28,

twenty-four years of age. Members of the staff below the rank of assistant professor may be applicants. If in any year in the judgment of a majority of the Committee no sufficiently worthy candidate appears, the Fellowship shall not be awarded in that year. This Fellowship shall be open to candidates of both sexes, irrespective of race, color, or religion; but no one shall be appointed who aggressively antagonizes religion. 10. If in any year no candidate shall be appointed the income for that year shall be added to the principal until from these additions or other sources, the principal shall aggregate Twenty-five Thousand Dollars ($25,000.00). Thereafter, if in any year no candidate shall be appointed the income for that year shall be set aside to accumulate interest, and said year's income with its interest shall be added to the next year's income and made available for study abroad by the applicant then approved. If no applicant is approved for that year, the income of the two years may be used to provide lectures on music or the fine arts, as herein limited, or on both; or to purchase objects of art for the picture gallery or hall of casts. If such use is made of the income, the programs must show that the lectures or concerts are given on the Kate Neal Kinley Memorial Fellowship Fund, and objects of art purchased must be similarly marked. The choice _ of these purposes of expenditure of said income shall rest with the Committee charged with making the Fellowship Awards. But the income shall be available for these last mentioned purposes only if ctnd when no worthy candidate for the Fellowship has been found dnd appointed for two successive years. If such use of the income of the two years is not made within six months after it has accrued it shall be added to the principal. 11. The provisions for appointment of holders of this Fellowship, as set forth in paragraphs 9 and 10, are adapted to existing conditions of erganization, curriculum, and administration. If in the future these conditions change, the Board of Trustees shall be free to modify these provisions provided that the general purposes of this Endowment are carried out, namely, the promotion of study of the fine arts by aiding graduate study in the same or increasing the provisions therefor as indicated. 12. The following statement or its equivalent shall be printed in the annual Catalogue or Register of the University and in any other official publications of the University in which similar announcements are printed: The Kate Neal Kinley Memorial Fellowship was established in 1931 to promote advanced study in the Fine Arts, in memory of the wife of a former President of the University and in recognition of her influence in promoting these and similar interests. DAVID KimMY Urbana, 111., Sept 18, 1035

On motion of Mr. Barr, this deed of gift was accepted as presented. On motion of Mr. Barr, the Finance Committee was requested to report annually on the status of deeds of gift and endowments in the possession of the Board.

AWARD OF C. P. A. CERTIFICATES

(2) A recommendation that the following candidates who have been certified by the Board of Examiners in Accountancy as having passed the C.P.A. examination in May, 1935, be awarded the certificate of Certified Public Accountant:

ELVIS WESLEY BENTON ELLIS G. BOHON LESLIE A. BRANDT CECIL LEROY CLARK EARL RONALD DAHLQUIST STAFFORD WINE DAVIS CLIVE FLEEMING DUNHAM JOSEPH L. FAHEY NORMAN H. FEINGOLD WILLIAM JOHN FITZPATRICK RAYMOND JOSEPH GLYNN FRANCIS NORMAN HOFFMANN GEORGE ROBERT LAUTENBACH JOHN ARD MCCULLOUGH HENRY TAYLOR MASCHAL WALTER NELS HERBERT MATTHIAS ARTHUR PFAFF HAROLD W. SCHAEFGEN HOMER G. SMITH PETER TAUSCH ABRAHAM WEINBERG ROBERT M. WOODS

On motion of Mr. Barrett, these certificates were awarded.