Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 134]

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124

BOARD OP TRUSTEES

[November 13

University Counsel Higgins reported on negotiations (and possible litigation) with the Beacon Insurance Company, a corporation now in rehabilitation and with which the University of Illinois has sizeable, as yet unpaid, claims. EXECUTIVE SESSION ADJOURNED FOR COMMITTEE MEETINGS T h e r e being n o further business, the executive session was adjourned at 9:15 a.m. for meetings of the Committee on Buildings and Grounds and the Committee on Finance and Audit. T h e Board of Trustees reconvened in regular session at 10:15 a.m. MINUTES APPROVED T h e secretary presented for approval the press proof of the minutes of the Board of Trustees meeting of J u n e 12, 1986, copies of which had previously been sent to the board. O n motion of Mrs. Gravenhorst, these minutes were approved. RECOGNITION, RETIRING TRUSTEES President Shepherd, noting that the recent election of University of Illinois Trustees will result in the retirement from the board of two of its present members, Mrs. Day and Mr. Madden, expressed her deep appreciation and that of the other trustees for Mrs. Day's and Mr. Madden's contributions and service throughout their terms. She asked Mr. Forsyth to present a resolution of tribute to Mr. M a d d e n and Mr. Howard to present a similar resolution of appreciation to Mrs. Day. T h e texts of the resolutions follow: Resolution To Dean E. Madden: Your service of the past six years to the University is the most recent in a succession of distinguished contributions since your graduation in 1943: You have served as President of the Mechanical and Industrial Engineering Alumni group, Chairman of the Urbana-Champaign Alumni Council and a member of the University Alumni Association Board of Directors and of its Executive Committee as well as of the Foundation and the Presidents Council. You have earned a University Alumni Association Loyalty Award and the Distinguished Alumni Award of the Department of Mechanical and Industrial Engineering. You have held leadership positions in numerous professional, cultural and community service organizations at all levels, and as a corporate executive you have provided direction to complex manufacturing and banking institutions. These and other responsibilities have given this board the benefit of your seasoned judgement and perceptive understanding of policy-making; an intellectual curiosity in harmony with the culture of the University; and the courtesy and warm geniality that help maintain unity and fellowship among Trustees. Special note is due your six years of dedicated service on the Nonacademic Personnel Committee, with the additional duty of representation on the Civil Service Merit Board. Your balanced and wise leadership will be missed by your colleagues; but your record of service and dedication assures us you will continue to find creative ways to serve your alma mater.