Repository: UIHistories Project: Board of Trustees Minutes - 1938 [PAGE 143]

EXTRACTED TEXT FROM PAGE:

1936]

UNIVERSITY OF ILLINOIS

141

On motion of Mr. Pogue, this scholarship was accepted as recommended.

BEQUEST OF CHARLES A. DENISON (36) Under the will of the late Charles A. Denison the University has received from the National Bank of Decatur two checks, representing partial payments to the extent of 35 per cent, of bequests to the University of Illinois in that will as follows: $3,500 "to be used for the purchase of such books on such subjects as may be designated by the Librarian in charge of the general Library of said University." $5,250 "to be known as the Denison Memorial Fund for W o r t h y Seniors." These bequests were reported to the Board on May 21, 1927 (Minutes, page 273), and accepted by the Board on March 13, 1928 (Minutes, page 569). T h e Comptroller has deposited these checks to the credit of suitable accounts as indicated by the bequest. T h e expenditure of $3,500 is authorized by the action of the Board of Trustees in accepting the gift, and the conditions would be such as indicated in the will as above quoted. T h i s report w a s received for record. O n m o t i o n of M r . B a r r e t t , $ 1 0 0 w a s a p p r o p r i a t e d f r o m t h e G e n e r a l R e s e r v e F u n d to secure a n d install in a suitable place a m e m o r i a l tablet s a t i s f a c t o r y t o t h e t r u s t e e of t h e e s t a t e , b y t h e f o l l o w i n g v o t e : A y e , Mr. Barrett, Mrs. Freeman, Mr. Karraker, Mr. Mayer, Mrs. Plumb, M r . P o g u e ; no, n o n e ; absent, M r . Barr, M r . H o r n e r , D r . Meyer, M r . Wieland, Mr. Williams. INVESTMENT OF LOAN FUNDS O n m o t i o n of M r . M a y e r , t h e F i n a n c e C o m m i t t e e a n d t h e C o m p t r o l l e r w e r e a u t h o r i z e d t o i n v e s t a f a i r p r o p o r t i o n of u n u s e d s t u d e n t l o a n f u n d s in U . S . g o v e r n m e n t b o n d s . GIFTS TO THE UNIVERSITY (37) T h e following report of gifts: 1. T h e Weston Electrical Instrument Corporation, Newark, New Jersey, to the Department of Electrical Engineering, seven electrical instruments having a total value of $40.00. 2. Bronze plaque of the late Ralph Allen, of Delavan, presented by his family. Mr. Allen served for many years as a member of one of the Advisory Committees of the College of Agriculture and was actively interested in the development of this division of the University. T h e plaque will be hung in the Agriculture Library. 3. T h e American Cyanamid & Chemical Corporation, $100, in addition to its previous gift, for the support of a cooperative investigation of the effect on greenhouse plants of heavy dosages of calcium cyanide for short periods of time, in fumigation for control of mealybug (citri) and thrips. 4. T h e Tobacco By-Products and Chemical Corporation, $100, in addition to previous gifts for the study of insecticides. T h e University of Illinois Foundation has also received the following cash gifts: from Robert F. Carr, of the Class of 1893, $1,000, and from the Athletic Association, $1,000. These are contributions toward the expenses of the campaign for the Student Center or Union Building. » Continuation of grants previously accepted: F r o m the "Real Co-op," formerly the Engineering Cooperative Society, for the Engineering Student Loan Fund, 40 cents. F r o m Professor E. J. Filbey, Treasurer of the Student Friendship Fund, for the Consolidated Loan Fund, $9.75. These gifts represent dividends received by these organizations on claims against a closed bank in which their funds were deposited. T h i s r e p o r t w a s received for r e c o r d .