UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 23]

Caption: Board of Trustees Minutes - 1970
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1968]

UNIVERSITY OF ILLINOIS

23

Construction Funds Bonds of 1964 Auxiliary (Medical Center) Purchase: $130 000 U.S. Treasury bills due 5/23/68 Dentistry-Medicine-Pharmacy Auxiliary (Medical Center) Purchase: $20 000 U.S. Treasury bills due 5/23/68 Orchard Apartments Sale: $55 000 U.S. Treasury bills due 11/30/68 Union (Chicago Circle) Purchase: $10 000 U.S. Treasury bills due 7/11/68 Sinking Funds Dentistry-Medicine-Pharmacy Reserve (Medical Center) Purchase : $19 000 U.S. Treasury bills due 9/26/68 Illini Union and Health Center Purchase: $18 000 U.S. Treasury 6 per cent notes due 8/15/69

129 601 88

19 938 75

53 205 75

9 916 31

18 588 55

18 000 00

This report was received for record.

PUBLICITY SERVICES FOR ASSEMBLY HALL. URBANA (42) The President of the University, with the concurrence of appropriate administrative officers, recommends continuation of the services of Herbert J. Dotten, Promotional Manager, P a r k Forest, for preparation of promotional material and for professional counsel for programs in the Assembly Hall during the period from August 19, 1968, through June 18, 1969, for a total fee of $13,000. The costs of these services will be charged to the operating budget of the Assembly Hall. O n m o t i o n of M r . C l e m e n t , t h i s r e c o m m e n d a t i o n w a s a p p r o v e d by the following v o t e : A y e , M r . Clement, M r . G r i m e s , M r . H a h n , Mr. Hughes, M r . Jones, Mr. Pogue, Mr. Swain, Mr. Williamson; no, n o n e ; absent, M r . Page, Governor Shapiro, Dr. Weatherly. ANTI-TRUST LITIGATION (43) The University has purchased substantial amounts of enameled cast iron lumbing fixtures and vitreous china plumbing fixtures, manufactured or distributed y firms against whom the United States Government has instituted anti-trust proceedings. The University has also purchased substantial amounts of gypsum wallboard, manufactured or distributed by firms who may have been engaged in an unlawful combination or conspiracy or in an unreasonable restraint of interstate trade or commerce in violation of federal statutes. Under the applicable antitrust laws, the University may be entitled to recover damages on account of such purchases. The Vice President and Comptroller and the Legal Counsel recommend that they be authorized to take necessary and appropriate action on behalf of the University to preserve and enforce any rights of the University which may have arisen from violations of federal anti-trust laws by said manufacturers or distributors, including authority to institute and prosecute, in the name and on behalf of The Board of Trustees of the University of Illinois, such proceedings in a court of competent jurisdiction, and to employ such special legal counsel and others as may be deemed necessary or desirable. I concur.

E

On motion of Mr. Hahn, this recommendation was approved.