Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 23]

EXTRACTED TEXT FROM PAGE:

1986]

UNIVERSITY OF ILLINOIS

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at once to divest itself of stocks in firms doing business in South Africa or maintaining operations there. He expressed the opinion that in the current state of affairs, such business operations were in jeopardy and therefore the stocks were not likely to be good investments. On motion of Mr. Howard, the resolution as presented above was approved by the following roll call vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. Hahn, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Governor Thompson. (The student advisory vote was: Aye, Mr. Filip; no, none; absent, Mr. Starkeson.) Mr. Forsyth's vote, as noted above, is limited to the portion of the resolution prior to Section II, no. 4. Mr. Logan's vote was cast with the understanding that he did not consider the action to be a substitute for divestiture.

Request to be Heard

President Shepherd presented a request from the Urban League of Champaign County, signed by Executive Director Vernon Barkstall, asking that a representative of that organization be permitted to speak to the next meeting of the board at the Urbana campus. "The purpose of our presence shall be to address the issue of University of Illinois' holdings in companies doing business in and/or with South Africa." By consensus, the trustees agreed to approve the request.

REGULAR AGENDA.

The board considered the following reports and recommendations from the president of the University. By consensus, the board agreed that one vote would be taken and considered the vote on each agenda item nos. 6 through 21 inclusive. The recommendations were individually discussed but acted upon at one time. (The record of board action appears at the end of each item.)

Award of Certified Public Accountant Certificates

(6) The Committee on Accountancy recommends that the certificate of certified public accountant be awarded under Section 5 of the Illinois Public Accounting Act of 1983 to fourteen candidates who have presented evidence that they are holders of valid and unrevoked certified public accountant certificates obtained by passing the uniform written examination in another state or territory of the United States and who qualify in all other respects under this provision of the law. The names of the candidates are filed with the secretary. T h e Committee on Accountancy, pursuant to Section 1300.160(d) of the Regulations, also recommends that the certificate of certified public accountant be awarded to twenty-one candidates who wish to transfer the examination credit earned by passing the uniform examination in another state and who have fulfilled all other legal requirements under Sections 1, 2, and 3 of the Illinois Public Accounting Act of 1983. The names of the candidates are filed with the secretary. I concur in these recommendations.

On motion of Mr. Madden, these certificates were awarded.