Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 103]

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IOO

BOARD OF TRUSTEES

[September 30

ommends that the following stocks be sold and the proceeds of the sale be reinvested in other securities: 210 shares of Industrial Rayon, 300 shares of International Harvester, 00 shares of Montgomery Ward, and 5 shares of Standard Oil of New Jersey. These securities are held as the investment securities of the Endowment Fund. The Finance Committee concurs in the recommendations of the First National Bank and recommends the adoption of the following resolution by the Board of Trustees authorizing the sale of stock: Resolution WHEKEAS, the Board of Trustees of the University of Illinois is the owner of the following stocks: 210 shares Industrial Rayon 300 shares International Harvester 00 shares Montgomery Ward 5 shares Standard Oil of New Jersey, and WHEREAS, the Finance Committee of said Board has determined that it is advantageous to sell the above listed securities, Now, Therefore, Be It Resolved by the Board of Trustees of the University of Illinois that these securities be sold and that H. O. Farber, Comptroller, and A. J. Janata, Secretary, be authorized to execute all documents necessary to complete such sale.

On motion of Mr. Swain, the foregoing resolution was adopted.

W A G E RATES O F LABORATORY MECHANICS

Mr. Swain, for the Committee on Nonacademic Personnel, presented the following report and proposal from the President of the University, the Vice-President and Comptroller, and the Director of Nonacademic Personnel. This report and proposal were considered by the Committee on Nonacademic Personnel, in consultation with the other members of the Board of Trustees and University officials, including the Legal Counsel, at a meeting held earlier in the day.

During the spring of 1957, University representatives negotiated with representatives of Local 608, State, County, and Municipal Employees, AFL-CIO, with reference to pay scales for the biennial period of 1957-59. Agreements were reached by October, 1957, with the exceptions of the Laborer Electricians and the Laboratory Mechanics groups. The question with reference to Laborer Electricians was finally resolved by arbitration in April, 1958, authorized by the Board on January 16, 1958. In October, 1957, negotiations with the Laboratory Mechanics reached an impasse, with the Union threatening a strike to enforce its demands. The University's position was that rates for this group should properly be compared: (a) with those paid for similar services at other universities which have comparable research and laboratory programs and which use comparable classes of employees, and (b) with rates paid for comparable type skills in the machinist area since the basic skill of most laboratory mechanics is in this area, and that furthermore, any increases for this group should be approximately the same percentagewise as those available to other groups whether or not represented by a union. The Union's position was that these men are highly skilled and that the University should pay rates comparable to those paid for other skills in the community such as those in the construction trades, printing crafts, and the like, and that exceptional treatment was justified because of the long delay in properly recognizing these skills. In a final effort to reach a satisfactory conclusion, the University appealed to Mr. Arnold Zander, International President of the State, County, and Municipal Employees Union. In accepting the request of the University, Mr. Zander asked that he be joined in a mediation attempt by Mr. Robben W. Fleming, Professor of Law and former Director of the Institute of Labor and Industrial Relations. Agreement was reached in this negotiation as to adjustments for the first year of the biennium and certain further adjustments for those below the range midpoints in 1958. With reference to general increases for the second year, however,