Repository: UIHistories Project: Board of Trustees Minutes - 1944 [PAGE 722]

EXTRACTED TEXT FROM PAGE:

1943]

UNIVERSITY OF ILLINOIS

719

Summary of Purchases and Conditions The descriptions of the parcels of land covered by the contracts executed September 30, 1943, and other pertinent information, are given below. John B. Burt, 160 acres—The Southwest Quarter ( S W J 4 ) of Section Two (2), Township Eighteen (18) North, Range Eight (8) East of the Third Principal Meridian, situated in the County of Champaign, in the State of Illinois. Total price, $56,800; less taxes, $241.43; due, $56,558.57. (House to be purchased for

$1,000).

Walter C. Fisher and Maude G. Fisher, 40 acres—The Southwest Quarter ( S W J 4 ) of the Northwest Quarter ( N W 1 ^ ) of Section Eleven (11), Township Eighteen (18) North, Range Eight (8) East of the Third Principal Meridian, situated in the County of Champaign, in the State of Illinois. Total price, $13,000; less advance payment made September 30, 1943, $1,300; due, $11,700. August F. Koss, 120 acres—The Northwest Quarter ( N W ^ ) of the Northwest Quarter ( N W ^ ) , and the East half (Eyi) of the Northwest Quarter ( N W J i ) , of Section Eleven (11), Township Eighteen (18) North, Range Eight (8) East of the Third Principal Meridian, situated in the County of Champaign, in the State of Illinois. Total price, $42,600; less taxes, $230.94 and advance payment, $4,260; due $38,109.06. (House to be purchased for $1,500). Louis Roy Stout and Zelma Z. Stout, 160 acres—The Northeast Quarter ( N E ^ i ) of Section Ten (10) in Township Eighteen (18) North, Range (8) East of the Third Principal Meridian, situated in the County of Champaign, in the State of Illinois. Louis Roy Stout and Zelma Z. Stout, 40 acres—The Northwest Quarter ( N W / 4 ) of the Southeast Quarter ( S E J 4 ) of Section Ten (10), in Township Eighteen (18) North, Range Eight (8) East of the Third Principal Meridian, situated in the County of Champaign, in the State of Illinois. Total price, two parcels, $71,000; less taxes, $259.80 and advance payment, $8,520; due, $62,220.20. (House to be purchased for $1,000). Matters Presented by President Willard Following the action on the purchase of land for the airport, Mr. Davis, P r o fessor Doland, Mr. Farr, Mr. Knoepfle, Mr. Watts, Mr. LeRoy, and Judge Armstrong withdrew, and the Executive Committee considered the following matters presented by the President of the University. Accountants Examining Board (1) The University Committee on Accountancy presents a list of five accountants to be appointed as a special examining board under the Accountancy Act of 1943, which supersedes the Acts of 1903 and 1927. It should be noted that these examiners are to be appointed by the University with the approval of the Department of Registration and Education. Consequently, any action taken by the Board of Trustees should be contingent on the approval of the Director of the Department of Registration and Education. Action on this matter was deferred, pending a conference with Director F. G. Thompson of the Department of Registration and Education. Board of Examiners for Certified Public Accountants (2) In addition to providing for the appointment of the special five-man board to determine the eligibility of Public Accountants for the certificate of Certified Public Accountant, the Accountancy Act of 1943 provides for the continuation of the regular board of three examiners to conduct the C.P.A. examinations as heretofore. The University Committee on Accountancy recommends the following appointments to the Board of C.P.A. examiners: For the one year term, Mr. Roy Andreae, C.P.A., Price, Waterhouse & Company, 33 North LaSalle Street, Chicago.