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Caption: Board of Trustees Minutes - 1982
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260 BOARD OF TRUSTEES [May 21 As trustee of the Elise Donaldson trust, the First National Bank of Chicago has requested the board to adopt a resolution which formally accepts the gift and appoints a duly authorized representative to receive distribution of the same. Accordingly, I recommend the adoption of the following resolution and that the comptroller of the Board of Trustees be authorized to take such actions and to execute such documents as may be required by the First National Bank to transfer the funds from the Elise Donaldson Trust to the University for allocation to the Rachelle S. Yarros Scholarship Fund. Resolution Whereas, Elise Donaldson, a resident of Lajolla, California, departed this life on April 1, 1980, leaving a Trust Agreement which contains provisions for a distribution as follows: B-2. T h e balance of the Trust Estate together with any accrued and undistributed net income therefrom shall be distributed one-half ('A) in value thereof to the University of Illinois Medical School, presently located in Chicago, Illinois, to be added to the Rachelle S. Yarros Scholarship Fund. Now, therefore, be it resolved by The Board of Trustees of the University of Illinois that the said distribution made by the foregoing provisions be and the same is hereby accepted by the Board of Trustees of the University of Illinois for use in said University of Illinois Medical School for the uses and purposes therein set forth and Be it further resolved that R. W. Brady as Comptroller of T h e Board of Trustees of the University of Illinois be and he is hereby authorized to accept payment on behalf of said public corporation of said distribution, and to execute and deliver to the First National Bank of Chicago as Trustee under Agreement with Elise Donaldson, deceased, the receipt of the said corporation in satisfaction thereof. O n m o t i o n of M r . F o r s y t h , t h e f o r e g o i n g r e s o l u t i o n w a s a d o p t e d . Proposed Agreement with Paint Research Institute (19) T h e Paint Research Institute of Philadelphia, Pennsylvania, has approved the award of a grant to the University for research at the Center for Electron Microscopy at the Urbana-Champaign campus. T h e grant is to further research in mildewcide testing and ultrastructure analysis. At the sponsor's request, it is proposed that the results of the research be placed in the public domain. T h e University Patent Committee has reviewed the proposed exception to the existing patent policies and recommends approval. The executive vice president concurs. I recommend approval. On motion of Mr. Forsyth, this recommendation was approved. Proposed Agreement with Exxon Production Research Company (20) T h e Exxon Production Research Company, Houston, Texas, has offered to support geological field work in Canada during the summer of 1981 by the Department of Geological Sciences at the Chicago Circle campus. Financial support would be approximately $145,000. T h e sponsor has insisted that the agreement include the statement, "Contractor agrees to grant and hereby grants to Exxon Production Research Company a royalty-free, irrevocable nonexclusive license, to make, have made, use, and have used, all inventions, discoveries, and improvements conceived or made by contractor's personnel, either alone or jointly with others during the term of this agreement and resulting from contractor's services hereunder." T h e University Patent Committee reviewed this proposed exception from the
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