UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1942 [PAGE 275]

Caption: Board of Trustees Minutes - 1942
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272 Know

BOARD OF TRUSTEES all men by these presents, T h a t we, FRANK M. GORDON, as Principal,

and EDWARD E. BROWN, HAROLD V. AMBERG, and BENTLEY G. MCCLOUD of Chi-

cago, Illinois, as Sureties, are held and firmly bound unto the BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS, in the penal sum of Eight Hundred Thousand Dollars ($800,000), lawful money of the United States of America, for the payment of which sum well and truly to be made, we bind ourselves, our respective heirs, executors, administrators, and assigns, and each of them, by these presents. The condition of t h e above obligation is such that Whereas, the above bounden Frank M. Gordon was on the eleventh day of March, A.D. 1941 duly elected by the Board of Trustees of the University of Illinois to the Office of T r e a s u r e r of the University of Illinois for a term of two years: Now, therefore, if the said F r a n k M. Gordon shall well and truly perform and faithfully discharge the duties of Treasurer of said University of Illinois, during his term of Office, and shall faithfully keep and truly account for all moneys, bonds, securities, or other property coming into his hands as such Treasurer, during his term of Office, and shall pay when properly drawn and presented to him all warrants, authorized by the Board of Trustees of the University of Illinois, drawn against funds in his hands belonging to the said University of Illinois, and at the expiration of his term of office, on due request to him, shall pay over and deliver to his successor in office, or to any other person duly authorized by the Board of Trustees of said University of Illinois to receive the same, all moneys, bonds, securities or any other property received by him as such T r e a s u r e r and not otherwise paid out or disposed of as aforesaid, and shall deliver to his successor in office, or any other person appointed to receive the same, the property, papers, and other things in his hands belonging to said office, and shall at the expiration of his term of office, or oftener, if thereunto requested by the Board of Trustees of the said University of Illinois, render a just and true account of his doings, as such Treasurer, then this obligation shall be null and void; otherwise to remain in full force and effect. Witness our hands and seals this eleventh day of March, A.D. 1941.

F R A N K M. GORDON, Principal EDWARD E. BROWN, Surety HAROLD V. AMBERG, Surety BENTLEY G. MCCLOUD, Surety

DATE OF MAY MEETING

The date of the May meeting was set as Friday, May 16, in Urbana. The Board adjourned, to meet on call of the President.

H. E. CUNNINGHAM JAMES M. CLEARY

Secretary

President