Repository: UIHistories Project: Board of Trustees Minutes - 1938 [PAGE 56]

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54

BOARD OF TRUSTEES

[September 30

Disbursements (as per canceled checks returned t o Comptroller): March 10 t o March 31 $110 251 62 April 150 264 71 May 232 823 76 June : 232 083 65 Total, Disbursements 725 423 74 Balance on hand June 30, 1936 (on deposit a t First National Bank of Chicago) $384 669 92 Note: U. S. securities having a market value of $621,500.00 have been deposited by the First National Bank as collateral t o secure this account.

F . M. GORDON, Treasurer Correct: LLOYD M O R E Y , Comptroller

This report was referred to the Finance Committee for examination.

REPORT OF GIFTS (50) T h e following report of gifts received by the University: 1. T h e Illinois Congress of Parents and Teachers, $250 to establish the "Verne Hall Detweiler Loan Fund." This is offered without any restrictions or conditions and will be administered under the regulations governing other University loan funds. 2. T h e Chicago Tuberculosis Institute, $424.97, to be added to the $1,375-03 in the "Theodore B. Sachs" Memorial Fund for research work in tuberculosis. This makes a total of $1,800 which is to be used for a residentship in the College of Medicine during the year 1936-1937. 3. T h e Prest-O-Lite Storage Battery Corporation, a renewal of the fellowship for 1936-1937 for research work in chemistry established by that corporation in 1934. T h e fellowship was originally $2,000 per year and was later increased to $2400, and the corporation plans to increase it to $2,700 for the year I936-I937. . , _ 4. T h e Continental Oil Company, $750 for the continuation of the Conoco research fellowship in chemistry during the year 1936-1937. 5. E. I. du Pont de Nemours & Company, $2,000 for the continuation of the du Pont postdoctorate fellowship in chemistry for the year 1936-1937. 6. Sears, Roebuck and Company, $3,750, to be used to aid first-year students in the College of Agriculture with the understanding that the officials of the College shall be the sole arbiters in the selection of students and the administration of this fund. T h e Dean of the College has established fifteen first-year scholarships in Agriculture in the amount of $80, the balance of the grant to be used for emergency loans to first-year students. 7. T h e Duis Electric Company of Streator, the loan of welding equipment, valued at $452, to the Department of Mechanical Engineering for use in instructional work. 8. T h e Textile Foundation, $600, for the continuation of the Textile Foundation fellowship in chemistry during 1936-1937. 9. T h e Electrical Engineering Society, $150, to be added to the Electrical Engineering Student Loan Fund. 10. T h e National W a r m Air Heating and Air Conditioning Association, $265 as an additional grant to the Department of Mechanical Engineering to aid in the research project on "Summer Cooling," which that department is carrying on. 11. T h e Federal Cartridge Corporation of Minneapolis, Minnesota, $500 for the promotion of conservation work by 4-H Clubs in Illinois.

This report was received for record.

REPORT O F COMPENSATION OF UNIVERSITY EMPLOYEES FOR ACCIDENTS (51) A report from the Comptroller on the procedure in dealing with cases of accidents to University employees and the status of such cases now pending before the State Court of Claims.