Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 578]

EXTRACTED TEXT FROM PAGE:

1939]

UNIVERSITY OF ILLINOIS

575

the net proceeds after deducting expenses were divided between the University and the discoverers. O n m o t i o n of M r . J e n s e n , t h i s a r r a n g e m e n t w a s a p p r o v e d . A. F. KAESER LOAN FUND (29) T h e Executive Committee of the Board of Trustees at a meeting held on August 29 accepted an offer from Dr. A. F. Kaeser of Highland (an alumnus of the University, B.S., Class of 1898, M.D., 1901) of $10,000 to establish the A. F . Kaeser Loan Fund under the conditions outlined in the minutes of that meeting. No further action thereon is necessary, but in view of Doctor Kaeser's generosity and the nature of the gift it seemed to me that the full Board would be interested in it, and I am therefore making this formal report.

This report was received for record.

GIFTS TO THE UNIVERSITY (30) A report of the following gifts received by the University since the last report: 1. Monsanto Chemical Company, of St. Louis, Missouri, $4,500 for the continuation of the fellowship in insecticides with the State Natural History Survey and the Agricultural Experiment Station. 2. Illinois Bankers Association, $950; $450 to be used for two undergraduate scholarships and $500 for a graduate fellowship in Economics during the year 1939-1040.1 3. National Wildlife Federation, $800 for a survey of material being taught in the public schools relating to conservation. (It is understood that this money will be used to pay the stipend of a part-time research assistant in the College of Education.) 4. Eli Lilly and Company, $600 for the support of research work at the College of Medicine under the direction of Dr. W. H. Welker. 5. Mrs. William Owen Goodman, $500 for the Charles Spencer Williamson Memorial Scholarship Fund. 6. Abbott Laboratories, an additional grant of $500 to continue for three months beyond September, 1939, Dr. S. R. Rosenthal's work on anaesthetics. authorized by the Board of Trustees at its meeting on March 25, 1939 (Board Minutes, page 277), at which a previous grant of $1,000 was accepted from the Abbott Laboratories for this work. 7. T h e American Philosophical Society, $300 for the support of the research program of Professor J. T. Buchholz which was to be carried on at the Carnegie Institution, Cold Spring Harbor, New York, during the summer. 8. Independent Hybrid Producers of Illinois, Incorporated, $200 additional gift for the cooperative investigation of hybrid corn and parent seed stocks authorized by the Board of Trustees at its meeting on April 27, 1939 (Afinutes, page 299). (The fund already accepted is $900; the total amount will therefore be increased to $1,100, the increase of $200 to be used to cover the work which Mr. Lang of the Department of Agronomy will do.) 9. Mrs. Cornelia C. Egbert of Hastings, Nebraska, widow of the late Dr. C. L. Egbert, a graduate of the College of Medicine, Class of 1903, Doctor Egbert's medical books and also two pictures of early clinics in the College of Medicine. 10. Class of 1939 of the College of Medicine, Chicago, $51.58 to be added to the Emergency Loan Fund of that College. 11. Monsanto Chemical Company, St. Louis, Missouri, $3,600 in support of research work by Professor V. E. Shelford of the Department of Zoology on the toxicity to fishes of pentachlorophenol, the sodium salt thereof, and related compounds.

duplication of gifts reported in Minutes of February 11, 1930, page 231, and July 14, '939, page 377.