Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 52]

EXTRACTED TEXT FROM PAGE:

1938]

UNIVERSITY OF ILLINOIS

49

the Federal Emergency Administration of Public W o r k s and on receipt of their approval to secure bids for the construction. T h i s authority w a s granted. APPROPRIATION FOR BUILDING STUDIES (4) The University has made an application to the Federal Emergency Administration of Public W o r k s for a grant of approximately $530,000 for the construction of a Men's Dormitory. T h e Connecticut Mutual Life Insurance Company has tentatively approved a loan of $650,000 for this project. If an allotment of Federal funds is received, it will be necessary to move promptly in getting the project under way, since under the law construction on all Public W o r k s projects must begin not later than January 1, 1939, in any case. Anticipating the possibility of a grant, the Director of the Physical Plant Department requests an appropriation of $2,000 for building studies. This would cover the cost of preliminary studies up to the point of making actual working drawings. T h e latter would not be justified until the project is definitely assured.

On motion of Mr. Karraker, this appropriation was made, by the following vote: Aye, Mr. Cleary, Mr. Karraker, Dr. Meyer; no, none; absent, none.

APPROPRIATION FOR EQUIPMENT FOR COLLEGES OF MEDICINE AND DENTISTRY (5) At the meeting of the Executive Committee on July 15 (Minutes, page 5), on recommendation of the President of the University and pursuant to a report from the Committee on Special Appropriations and Non-Recurring Expenditures, an assignment of $8,800 was made from the General Reserve Fund to supplement the balance of $9,330.53 in the State appropriation for equipment for the second unit of the Medical and Dental Building, for the purchase of equipment for the Colleges of Dentistry and Medicine, and for certain general building improvements which the installation of such equipment will require. The report of the Committee failed to include an item of $1,300 for a shock-proof, mobile x-ray unit requested by the Dean of the College of Medicine to replace old equipment which is considered dangerous. T h e report of the Committee as a whole was approved by the President in recommending the assignment of funds previously made, and as the omission of the item referred to herein was obviously an oversight, it is recommended that a supplementary appropriation of $1,300 be made from the General Reserve Fund for this equipment.

On motion of Mr. Karraker, this appropriation was made, by the following vote: Aye, Mr. Cleary, Mr. Karraker, Dr. Meyer; no, none; absent, none.

LEAVE OF ABSENCE FOR PROFESSOR IVAN WRIGHT (6) Professor Ivan Wright, of the Department of Economics, was given a leave of absence without pay during the year 1937-1938 (Minutes, January 29, 1937, page 147) to enable him to do certain research work and writing in this country and abroad. H e has requested an extension of this leave of absence without pay for the year 1938-1939 to enable him to accept an executive position with the New York Stock Exchange which will bring him, both theoretically and practically, in contact with problems of domestic finance and banking, international finance, and government supervision of monetary and financial affairs in this country, and which he believes will be very valuable to his work in the University when he returns. O n m o t i o n of M r . C l e a r y , t h i s l e a v e w a s g r a n t e d . LEAVE OF ABSENCE FOR PROFESSOR WALTER F. FRESE (7) A request from Assistant Professor Walter F. Frese, of the Department of Business Organization and Operation, for a leave of absence without pay for