Caption: Board of Trustees Minutes - 1962
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1324 With Whom United States Atomic Energy Commission AT (11-1) 41S United States Atomic Energy Commission AT (11-1) 1018 United States Navy N 600 (22) 57197 United States Navy Nobs 77008 United States Navy Nobsr-85243 United States Navy Nonr-1834 (13) United States Navy Nonr-1834 (18) United States Navy Nonr-1834 (22) United States Navy Nonr-1834 (23) United States Navy Nonr-1834 (25) United States Navy Nonr 1834 (26) United States Navy Nonr 1834 (32) United States Navy Nonr 1834 (37) Total With Whom E. T. Drewitch (Plastering) M. E. Hollett (Painting) Total BOARD OF TRUSTEES Amount to be Paid to the Purpose University Unclassified research on electronic £373 000 00 high-speed digital computers Pattern recognition and data handling problems arising in the analysis of bubble chamber photographs of high energy particle events Instruction for Naval R.O.T.C. officers Low-cycle, high-stress fatigue behavior of materials and structural components of steels, typical of ship application Construct a scale model of the wide band, wide aperture, directionfinder antenna array Radiofrequency spectroscopy Variety of topics in number theory Radio astronomy Theory of group representations Chemical behavior of subgrain boundaries in metals and alloys Plastic deformation of solids Structure of turbulent velocity and pressure fluctuations in the boundary layer Mechanism of antibody formation in the pig 174 194 00 [February 21 Effective Date December 6, 1961 December 6, 1961 3 500 00 30 000 00 November 7. 1961 December 15, 1961 139 688 00 60 000 00 19 965 00 100 518 00 15 335 00 6 500 00 17 500 00 21 924 00 26 695 00 December 5, 1961 December 8, 1961 August 15, 1961 July 31, 1961 September 15, 1961 August 15, 1961 August 31, 1961 September 30. 1961 October 31, 1961 $ 1 651 305 80 Purpose Fifty-three items: J255.00 deduct to £1,275.00 Two items: #360.60 and $930.95 $ $ Amount 2 740 06 1 291 55 4 031 61 Dale December, 1961, and January, 1962 December, 1961. and January, 1962 Adjustments Made in 1961-62 Cost-Pius Contracts This report was received for record. QUARTERLY REPORT OF THE COMPTROLLER (38) The Comptroller presented his quarterly report to the Board as of December 31, 1961. This report was received for record, and a copy has been filed with the Secretary of the Board. SALES AND PURCHASES OF SECURITIES (39) In its semi-annual review of the assets of the University's endowment funds, the First National Bank of Chicago recommended the sale of 750 shares of J. C. Penney Company common stock and reinvestment of the proceeds in approximately 1,500 shares of Tennessee Gas Transmission common. The Finance Committee of the Board has approved this recommendation. The University received 175 shares of Avnet Electronics Corporation common stock from the Shaw Process Development Company as a gift to support research in foundry work in the Department of Mechanical and Industrial Engineering. Six shares of Standard Oil Company of New Jersey common stock were also received as a dividend from Standard Oil Company of Indiana, to be credited to the general endowment income account.
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