UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 800]

Caption: Board of Trustees Minutes - 1936
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19361

UNIVERSITY OF ILLINOIS

797

The Finance Committee recommends that the budget of the Athletic Association for 1936-1937, as submitted to the Board of Trustees on May 27, 1936, be received for record. T h e Committee calls attention to the fact that the budget carries an excess of expenditures over the estimated income of the year in the amount of $14,748. However, the budget also includes a non-recurring provision of $15,335 f ° r repairs and minor improvements on the Skating Rink and the Stadium, which may be considered as a proper charge against the surplus from preceding years. If this is done, the estimated income will balance the proposed expenditures. This should be taken into consideration, however, in setting up a Reserve Fund and investing the surplus funds of the Association.

On motion of Mr. Mayer, the budget of the Athletic Association was received as recommended.

REQUEST OF SINCLAIR REFINING COMPANY FOR LICENSE RIGHT UNDER PARR-STRAUB PATENT Mr. Barrett presented the following: The Sinclair Refining Company is interested in securing non-exclusive license rights under the P a r r - S t r a u b patent No. 1,910403, a method of preventing embrittlement of the metal in boilers, which is owned by the University. T h e Permutit Company, of New York City, has been granted a nonexclusive license on a royalty basis of five per cent of the sales price of the device, with a minimum royalty of $10 for each device sold or distributed under this arrangement. The Sinclair Refining Company has suggested that a fair charge would be $100 for a non-exclusive license to cover such installations as it may wish to make. The proposal has been referred to the Faculty Committee on Patents, which recommends that the Board offer the Sinclair Refining Company a nonexclusive license for the use of the process, in its own plants only, for an annual fee of $25 per refinery, and on condition that the licensee assume any and all risks growing out of the use of the process under the patent, and of any infringement proceedings which may be instituted. The Faculty Committee also recommends that a fee of $25 per steam power plant be considered as reasonable in the absence of any unusual conditions or circumstances. The report of this Committee has been referred to the Board of Trustees Committee on Patents, which concurs in the above recommendation. On motion of M r . Barrett, these recommendations were approved. JOHNSTONE PROCESS FOR RECOVERY OF SULPHUR DIOXIDE FROM FLUE GASES

Mr. Barrett presented the following:

The Imperial Chemical Industries, Limited, of England, is interested in securing a license to use the Johnstone process for the recovery of sulphur dioxide from flue gases. T h e company's inquiry was referred to the Faculty Committee on Patents, which made certain specific recommendations. Its report and recommendations were then submitted to the Board of Trustees Committee on Patents, which recommends to the Board that the following proposal be made to the Imperial Chemical Industries, Limited: 1. The University will grant an exclusive license to the Imperial Chemical Industries, Limited (hereinafter referred to as the I. C. I.) on the patents referred to in their letter for territories outside the United States of America. 2. T h e I. C. I. shall reimburse the University fully on account of any and all costs and outlays necessarily incurred or made in securing British Patents and patents in any other country outside the United States in which the I. C. I. may wish to have patent protection. The costs and outlays referred to herein shall include, without, however, excluding other costs and outlays not enumerated, attorneys fees, filing fees, the cost of making copies, duplicates, certifications, stamps, taxes and levies of all kinds. T h e I. C. I. will also pay the annual license fees necessary to keep the patents in force. T h e University of Illinois