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Caption: Board of Trustees Minutes - 1938
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222 BOARD OF TRUSTEES [March 29 PAYMENT FROM FIRST NATIONAL BANK O F CHAMPAIGN (24) T h e Comptroller reports the receipt of an additional five per cent dividend from the Trustees of the First National Bank of Champaign totaling $2,272.62, of which $1,85142 is credited to the account of H . S. Capron, former Treasurer, and $421.20 to various other accounts. T h e original liability of the former T r e a s u r e r after allowing for $794,965.59 realized on his account at the time of the closing of the bank was $45452-53, of which $27,27149 has been paid to date, leaving a balance due of $18,181.04. This report was received for record. REPORT OF CONTRACTS AND PURCHASE ORDERS (25) T h e following report from the Comptroller of contracts and purchase orders executed since the last report: CONTRACTS EXECUTED BY THE COMPTROLLER FEBRUARY 22, 1937, TO M A R C H 24, 1937 Cooperative investigation approved by Board of Trustees in meeting of March 9, 1937'Amount to be received by the With whom For University Date Musher Foundation Investigation of the anti-oxidant $100 00 February 18, 193? properties of oat flour in the preservation of tallowy flavor in dairy products T h e Illinois State Board for Vocational Education to pay regular fees for instruction to be rendered as follows: For whom Tenure Date Robert C. Olson One semester from February 10, February 20, 1937 1937 Lease renewal executed under general regulations of Board of T r u s t e e s : Amount to be received by the With whom For University Date Illinois Bell too pairs of underground cable, $270 00 March 12, 1937 Telephone Company for one year from January 1, 1937 This report was received for record. BEQUEST OF ALICE P. BIXBY (26) A report of the bequest of the late Alice P . Bixby, of Chicago, Illinois, setting up a trust, with the Washington Loan and T r u s t Company in W a s h ington, D.C., as trustee, for the education of certain heirs with the further provision that upon the completion of their education, or in the event they decline to accept the trust benefits, the fund shall be conveyed to "the President of the University of Illinois" and his successors to be invested and the income used as the "Alice Bixby Scholarship" for the benefit of some worthy indigent girl who is a graduate of the public schools of Danville, Illinois, and who shall be selected for this scholarship by the Board of Education of that city; any balance remaining may be applied to assist in the education of other worthy girls at the University. I have accepted this bequest for the University and am reporting it to the Board for record. This report was received for record. BEQUEST OF ANNA BUCHER (27) A report of the following bequest of the late Mrs. Anna Bucher, of Pontiac, Illinois:
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