Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 1001]

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998

BOARD OF TRUSTEES

[June 28

3. T h e following paper for printing bulletins: 825 Reams 25 x 38 —70 lb. "Namelo" Book Paper 100 Reams 25 x 38 —60 lb. "Namelo" Book Paper 125 Reams 25x28^4—52^2 lb. "Namelo" Book Paper from the Dwight Bros. Paper Company, the lowest bidder, at a price of $4,640.60 f.o.b. Urbana. O n m o t i o n of M r . W i l l i a m s o n , t h e a c t i o n of t h e P r e s i d e n t of t h e U n i v e r s i t y in a u t h o r i z i n g t h e s e p u r c h a s e s w a s c o n f i r m e d . AGREEMENTS FOR COOPERATIVE INVESTIGATIONS (34) A report that the following agreements for cooperative investigations have been authorized with a request that said authorization be confirmed: 1. Cornell Seed Company, St. Louis, Missouri, cooperative investigation with the Agricultural Experiment Station for the introduction of new varieties of sweet corn and lima beans developed by the Department of Horticulture. T h e agreement is drawn for the period from May 1, 1940, to April 30, 1943. 2. E. I. duPont de Nemours and Company of Wilmington, Delaware, for a cooperative study with the Agricultural Experiment Station of the Quantitative Utilization of Urea in Covering the Protein Requirements of Sheep and Cattle. T h e agreement is drawn for a period of one year beginning September 1, 1940, and the Company is to contribute $3,600 for the support of this study. 3. Food Machinery Corporation of San Jose, California, extension of agreement for the study of "Crushing Process of Making H a y and to Adapt the Present Experimental Machines to the H a y Crops Found in Illinois, with Particular Reference to Soybeans and Alfalfa." This agreement is extended from February I, 1940, to November 1, 1940, and the Corporation has agreed to contribute an additional $2,000 to cover the expenses of this work.

On motion of Mr. Cleary, the action of the President of the University in approving these agreements was confirmed.

REPORT OF DEATH BENEFITS PAID

(35) A report that the Comptroller has been authorized to pay the death benefits to the beneficiaries of the following members of the staff, in accordance with the University Statutes and the terms of their employment: 1. Robert S. Martin, Associate in Mathematics—$480. Mr. Martin was in the active service of the University from September 1, 1936, until June 2, 1940, the day of his death.

This report was received for record.

BIENNIAL BUDGET FOR 1 9 4 1 - 1 9 4 3 (36) Studies of the biennial budget for 1941-1943 began with a meeting of the University Council on February 23, 1940. T h e Council had previously been sent certain data and other information bearing upon the consideration of the next budget. After extended discussion the Council voted that the President appoint two committees to make studies of and recommendations to the Council concerning (1) the operating budget, and (2) building and other capital items. T h e President designated the Advisory Committee to the Bureau of Institutional Research and the Special Building Committee, which served two years ago, to make these studies. Another factor to be considered in connection with the biennial budget for 1941-1943 is the possibility of a change in the University's retirement and death benefits system to place it on a funded basis. This will require special legislation and also a state appropriation to provide the State's share of the cost. This has been under consideration by the Board of Trustees for three or four years, and at the request of the Finance Committee a special committee has been making a study of the cost of changing over to a fund system. T h e reports and recommendations of these committees were submitted to the University Council, and a meeting of that body was held on June 24 to begin the final studies of the budget for 1941-1943. T h e recommendations of the