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Caption: Board of Trustees Minutes - 1964
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1963] UNIVERSITY OF ILLINOIS 421 Executive Committee Mr. Swain nominated Mr. W a y n e A . Johnston and M r s . Frances B. Watkins to serve as members of the Executive Committee, with the President of the Board as Chairman, for one y e a r ; Mr. Hughes seconded the nominations. On motion of M r . Hughes, the nominations were closed and the Secretary was instructed to cast the unanimous ballot of the Board for Mr. Johnston and M r s . Watkins as members of the Executive Committee of the Board of Trustees, to serve until the n e x t annual meeting in March, 1964, or until their successors shall have been elected. T h e ballot was so cast and Mr. Johnston and M r s . Watkins were declared elected as members of the Executive Committee. Treasurer of the Board Mr. Swain nominated Mr. Robert R. Manchester, a Vice-President of the First National Bank of Chicago, as Treasurer of the Board; Mr. Hughes seconded the nomination. On motion of M r . Hughes, the nominations were closed and the Secretary was instructed to cast the unanimous ballot of the Board for the election of Mr. Manchester as Treasurer of the Board of Trustees for a two-year term, to serve until the second Tuesday in March, 1965 (March 9, 1965), or until his successor shall have been elected and qualified, in accordance with the statutory provision of a biennial term for Treasurer. T h e ballot was so cast and Mr. Manchester was declared elected as Treasurer. TRIBUTE TO MR. C. W. WELDON On motion of Mr. Swain, the Board recorded its appreciation of the services of Mr. C. W . Weldon as Treasurer during the past twelve years and the Secretary was instructed to send him an appropriate message on behalf of the Board. TREASURER'S BOND On motion of Mr. Swain, the amount of the T r e a s u r e r ' s Bond was fixed at $6,000,000. On motion of M r . Swain, seconded by Mr. Hughes, the Finance Committee was instructed to see that the T r e a s u r e r presents a satisfactory bond in the amount specified above and to report the same to the Board. AUTHORITY TO RECEIVE MONEYS Mr. Johnston offered the following resolution and moved its adoption: Resolved, that the Treasurer of the Board of Trustees of the University of Illinois be, and he hereby is, authorized to receive and receipt for all moneys, and to endorse all orders, drafts, and checks due and payable to the Board of Trustees or to the University of Illinois, and especially all drafts drawn by the Treasurer of the United States payable to the Board of Trustees or the University of Illinois. This resolution was adopted. DELEGATION OF SIGNATURES Mrs. Watkins offered the following resolution: Resolved, that the President and the Secretary of the Board of Trustees of the University of Illinois are authorized to delegate the signing of their names as President and Secretary, respectively, to vouchers to be presented to the Auditor
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