Repository: UIHistories Project: Board of Trustees Minutes - 1974 [PAGE 420]

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BOARD O F TRUSTEES

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necessary clearance. Grantee shall agree to repair any damage caused to property of this Corporation by the laying, construction, reconstruction, operation, patroling, maintenance, renewing and removing ofsaid gas transmission and distribution line, and to indemnify this Corporation and its representatives from liability in connection with Grantee's activities. The right-of-way easement shall remain in full force and effect from the date granted and for so long thereafter as said gas transmission and distribution line is continued in service and has not been abandoned and discontinued. Upon_ termination of the easement Grantee shall peaceably surrender possession of said premises to this Corporation and full and complete title then shall remain in this Corporation free and clear of said easement and without necessity of re-entry or demand. The right-of-way easement shall be over the followingdescribed property: Situated in the State of Illinois, the County of Bureau, and being more fully bounded and described as follows: A strip of land 33 feet in width extending over, across and through the Northwest Quarter of the Northwest Quarter of Section 28, Township 16 North, Range 10 East of the Fourth Principal Meridian; the centerline of said 33-foot strip of land being described as entering on the West line of said Northwest Quarter of the Northwest Quarter at a point 135 feet North of the Southwest corner thereof; thence extending Easterly to the point of exit on the East line of said Quarter Quarter Section, said point being 115 feet North of the Southeast corner thereof; Together with the further grant of the right and easement to use as temporary working space, only during the construction of said pipeline, two (2) strips of land extending over, across and through the Northwest Quarter of the Northwest Quarter of said Section 28, one strip being 10 feet in width lying Northerly of and contiguous to the above-described 33-foot wide strip of land, and the second strip being 30 feet in width and lying Southerly of and contiguous to said 33-foot strip of land. On motion of Mr. Howard, the foregoing resolution was adopted.

ESTATE OF MARGUERITE L, RICKERT

(18) Under the will of Marguerite L. Rickert, who died July 8, 1971, the Board of Trustees of the University of Illinois, Southern Illinois University, and Marguerite Proctor Hoare (Mrs. Rickert's cousin) were each bequeathed one-third of her estate. The will provided that the University of Illinois should establish a trust fund designated the Joseph W, Rickert Trust and the income used as an award to the outstanding senior student of the College of Law as selected by the faculty. On September 20, 1972, the Board of Trustees approved the sale of property located in North Carolina. Public bids now have been received for two farms in Illinois. The high bid for each (in the amount of $116,151 for one farm and $162,000 for the other) exceeds prior appraisals and Mrs. Hoare and Southern Illinois University have approved acceptance of these bids. The President of the University, with the concurrence of appropriate administrative officers, recommends adoption of the following resolutions. Resolution Authorizing Conveyance of Rickert Property Known as Tipton Farm Be It, and It Hereby Is, Resolved by THE BOARD OF TRUSTEES OF T H E UNIVERSITY OF ILLINOIS, a public corporation of the State of Illinois, that the Comptroller and Secretary of this corporation be, and they hereby are, authorized to enter into an agreement in conjunction with Marguerite Proctor Hoare and Southern Illinois University, each of whom and this corporation has an undivided one-third interest in the residency estate of Marguerite L. Rickert providing for the sale of the hereinafter described property comprising part of said residuary estate, to WALTER E. WITTENAUER. of Route Number 3, Waterloo, Illinois, as Buyer, upon the following terms and conditions; 1. Atasaies price of $116,151.00; 2. General taxes for 1973 and subsequent years to be paid by Buyer;