Repository: UIHistories Project: Board of Trustees Minutes - 1942 [PAGE 399]

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396

BOARD OF TRUSTEES

[July 22

CARNEGIE MUSIC SET (3) Last year the Carnegie Corporation of New York made a grant of $570 for the purchase of a music set for the Illini Union Building. This includes a large reproducing machine and over six hundred records of instrumental, vocal, operatic, and orchestral classics. The grant was made on condition that the University contribute a similar amount. This music set has been a splendid asset to the Illini Union Building. Daily music hours are a very significant feature of the social and cultural program which is carried on in this building. This set has far exceeded our anticipations in stimulating and developing a taste for good music on the part of the student body. A similar music in the Union Building in Chicago will do fully as much for the students and faculty as it has for those using the Union Building in Urbana. In fact, it is needed even more in Chicago because there are fewer recreational facilities available to the students in the Colleges of Medicine, Dentistry, and Pharmacy. Application has been made to the Carnegie Corporation for funds for this set, and I recommend that the Board of Trustees appropriate $700, or so much thereof as may be necessary, to pay the University's share of the cost of the equipment, if the grant is forthcoming.

On motion of Mr. Jensen, this appropriation was made as recommended, by the following vote: Aye, Mr. Adams, Mr. Cleary, Mr. Davis, Mr. Jensen, Mr. Livingston, Dr. Meyer, Mr. Wieland; no, none; absent, Mr. Fornof, Mr. Green, Mrs. Grigsby, Mr. Karraker.

TRUSTEES OF THE RETIREMENT SYSTEM

At this point, Mr. Jensen reported that the Committee on General Policy recommended the appointment of the following members of the Board to serve as members of the board of trustees of the University Retirement System: Mr. Chester R. Davis, to serve until March, 1943 ; Mr. O. M. Karraker, to serve until March, 1945; Mr. John R. Fornof, to serve until March, 1947. The Committee recommended also that future members of the Board to serve on the retirement board should be appointed by the President of the Board at the annual meeting in March of each odd-numbered year. On motion of Mr. Jensen, these recommendations were adopted, by the following vote: Aye, Mr. Adams, Mr. Cleary, Mr. Jensen, Mr. Livingston, Dr. Meyer, Mr. Wieland; no, none; not voting, Mr. Davis; absent, Mr. Fornof, Mr. Green, Mrs. Grigsby, Mr. Karraker.

LICENSE OF PATENT ON IRRADIATED PHENOLPHTHALEIN (4) F o r a number of years the Department of Pharmacology, Materia Medica, and Therapeutics has been conducting laboratory and clinical research on phenolphthalein to determine therapeutic values, uses, and effects. Funds for this have been supplied by Phenolphthalein Research, Incorporated, 239 Broadway, New York City, under the usual form of agreement covering cooperative investigations of this sort. As a result of these researches Dr. Ludwig Pincussen developed irradiated phenolphthalein on which a patent was secured and assigned to the University in accordance with the policy governing patentable discoveries. T h e r e is a provision in the agreement with Phenolphthalein Research, Incorporated, that it shall be given preferential consideration as a licensee if any patentable discoveries resulting from this research work have commercial value. This organization has expressed an interest in securing such a license. T h e Faculty Committee on Patents has considered this proposal and recommends that Phenolphthalein Research, Incorporated, be given an exclusive license upon such terms as the Committee on Patents of the Board of Trustees deems advisable for a limited time subject to renewal by the Board of Trustees. T h e