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Caption: Board of Trustees Minutes - 1942
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720 BOARD OF TRUSTEES [December 16 LOIS S H E P H E R D GREEN SCHOLARSHIP F U N D (14) Mr. Frederick Green, Professor of Law, Emeritus, has given the University $1,500, to establish a scholarship fund in memory of his late wife, a former member of the faculty of the Department of Philosophy at the University, under the following conditions: 1. T h e trust fund shall be known as " T h e Lois Shepherd Green Scholarship Fund." 2. T h e income, but no part of the principal, may be used for scholarships to be awarded from time to time but not necessarily annually to promising undergraduate students at the University who are studying or intend to study philosophy. 3. T h e awards shall be made on recommendation of the faculty of the Department of Philosophy. 4. In making awards the need of a student for financial aid shall be taken into consideration and regarded as an important factor in his or her favor. Pursuant to the authority granted the President of the University in the University of Illinois Statutes, I have accepted this gift under the conditions above stated with a formal expression of appreciation on behalf of the Board of Trustees and the University. Professor Green states that the gift is in lieu of a contingent bequest to the Board of Trustees in a will he made several years ago. If the gift is accepted it is his intention to supplement it next year. I request confirmation of my action in accepting this. On motion of Mr. Davis, the action of the President of the University in accepting this gift was approved and confirmed. GIFT OF MR. AND MRS. MERLE J . TREES (15) Pursuant to the terms of the resolution of the Executive Committee adopted December 18, 1937 (Minutes, page 587), Mr. and Mrs. Merle J. Trees offer as their gift for 1041, to be added to the "Emily Nichols Trees (Class of 1905) and Merle Jay Trees (Class of 1907) Collection," which was started by them in 1937, the following paintings: Given by Mrs. T r e e s : Artist and Painting Value George Innes, "Landscape" $6 500 C. F . Daubigny, "Landscape" 2 200 Given by Mr. T r e e s : James Francis Murphy, "Landscape" 500 Pieter de Hooch, "Interior" 6 500 Given jointly by Mr. and Mrs. T r e e s : Theodule Ribot, "Still Life" 2 400 Certificates of appraisal from the Art Institute of Chicago showing the value of these paintings are deposited with the Secretary of the Board. On motion of Mrs. Grigsby, this gift was received, and the President of the University was requested to express to Mr. and Mrs. Trees the great appreciation of the Board. GIFTS TO THE UNIVERSITY AND GRANTS OF F U N D S FOR VARIOUS PURPOSES (16) A report of the following gifts and grants of funds for various purposes received by the University since the last report: Gifts 1. Dr. and Mrs. H . B. T h o m a s (Doctor T h o m a s is Professor of Orthopaedics and Head of the D e p a r t m e n t ) , $1,000 to be added to the emergency loan fund of the College of Medicine to assist needy and deserving medical students who require such financial aid. 2. Class of 1941, $928.92 to be used as a scholarship fund for needy students, to be administered by the Committee on Special U n d e r g r a d u a t e Scholarships. 3. Dr. Francis L. Lederer, Professor and Head of the Department of
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