Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 446]

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BOARD OF TRUSTEES

[October 25

the Board shall constitute a quorum. In the absence of a quorum no legal action can be taken unless such action is later approved by letter or other vote of record by sufficient additional members of the Board to constitute a quorum. The president shall preside at all meetings of the Board of Directors, but when the president and vice-president are absent the Board may elect a temporary chairman. SECTION 9. Executive Committee. The Board of Directors of the Foundation may appoint an executive committee of three from their own number, who, when the Board of Directors is not in session, may exercise such powers of the Board of Directors of the Foundation as shall have been delegated to them by said Board of Directors.

ARTICLE III OFFICERS

SECTION I. Officers' Eligibility. The officers of the Foundation shall consist of a president and a vice president, elected annually by and from the Board of Directors; a treasurer, who shall be the comptroller of the University of Illinois; and an executive director who shall serve as secretary of the Foundation and shall be elected annually by the Board of Directors from without the Board. SECTION 2. Terms of Office. The officers other than treasurer shall serve for a period of one year, or until their successors are duly elected and qualified. They shall assume office at the regular annual meeting of the Foundation. A member of the Foundation staff who serves with remuneration shall not be eligible to serve subsequent to the first day of July following his 68th birthday, except at his request and with the approval of the Board of Directors. Any extension of the period of active service shall be for one year only, but may be renewed upon similar conditions at the end of any extension. SECTION 3. Vacancies. In the event of the death, disability, resignation, or removal of any officer of the Foundation, the Board of Directors shall by majority vote elect his successor to serve out the unexpired term. SECTION 4. Powers and Duties. The officers named in Section 1 of this article shall, except as otherwise provided by this constitution or the by-laws, have such powers and duties as usually and ordinarily devolve upon such officers. The president shall appoint such committees as he may deem necessary or desirable, and those appointed to such committees shall serve at his pleasure during his term of office. All committees shall report to the Board of Directors. The Executive Director shall act as secretary of the Foundation and shall devote his entire time to furthering the purposes of the Foundation and to assisting the other officers in every possible way. He shall conduct the office of the corporation on the campus in suitable offices to be furnished by the Board of Trustees of the University of Illinois. He shall be the responsible representative of the Foundation in all its transactions with the Board of Trustees of the University. It shall be his duty to carry out, by direction of the Board of Directors, organized campaigns for the execution of the purpose for which the corporation is erected, inviting special gifts from individuals—within and without the alumni body—and from corporations, estates, and other sources. The director shall, as occasion may require, publish in the Alumni News, or other named organ of the Alumni Association, or in the organ of the Foundation, if one be established, such notices or announcements as his judgment may dictate or as may be reasonably required by the president of the University or the Board of Directors of the Foundation. SECTION 5. Election. The officers shall be elected annually as provided in this constitution. SECTION 6. Removal. Any officer may be removed for cause by a majority vote of the Board of Directors, provided that such officer shall have been notified in writing by the president or secretary not less than thirty days before