| |
| |
Caption: Board of Trustees Minutes - 1942
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
1941] UNIVERSITY OF ILLINOIS 735 REPORT FROM THE COMPTROLLER O N THE SETTLEMENT OF THE ESTATE OF MARY S. PARSONS ( n ) The will of the late Mary S. Parsons (Minutes, July 14, 1939, page 376, and November 24, 1939, page 662) bequeathed to the University an undivided one-half interest in 80 acres of land in Clay County, Illinois, for the purpose of creating a scholarship. The land has now been disposed of by the executor, and the Comptroller has received in settlement four notes in the amount of $250 each bearing interest at the rate of 5% per annum, each signed by Roger F . and Julia B. Little, to whom the land was sold by the executor. There has also been received in cash $25 covering interest on these notes to September 27, 1941. T h e notes mature in March of 1942, 1943, 1944, and 1945. T h e notes have been transmitted to the First National Bank of Chicago as investments of the scholarship fund. This report w a s received for record. REPORT O N SALE OF PROPERTY IN URBANA (12) A report from the Physical Plant Department. President A. C. Willard 35} Administration Building (W) DEAR PRESIDENT W I L L A R D : December 26, 1941 As suggested by you, we had a representative present last Saturday at the public sale of the property at 208 South Mathews. The property was sold to E d w a r d Chapin at a price of $7,100 ($5,000 for the residence, and $2,100 for the barber shop). We feel it is unfortunate that the University was not in a position to acquire this property as we have had few pieces of property offered to us that were more attractive. The buildings are in a fine state of maintenance. The house qualifies for Class A student housing. T h e property is now rented for a gross income of $90.00 per month and, most important, is located in an area at the head of the list of property considered desirable for the University to acquire. You would, perhaps, be interested in knowing that a real estate agent offered this property to 11s several months ago for $9,000; although he suggested at that time that we probably could acquire it for $8,500. Yours very truly, Physical Plant Department By ERNEST L. STOUFFER This report was received for record. RESIGNATION O F COACH ZUPPKE At this point, Mr. Davis, for the Committee on Athletic Activities, presented a recommendation that the resignation of Mr. Robert C. Zuppke as football coach be accepted as of November 22, 1941, that Mr. Zuppke be continued on the staff for the current academic year at a salary of $6,500 for the period from September 1, 1941, to August 31, 1942, and that he be retired on September 1, 1942, with the title of Professor of Physical Education and Head Football Coach, Emeritus, with a retiring allowance of $4,000 a year ($3,000 from the Athletic Association; $1,000 from the University), to continue until further notice. On motion of Mr. Davis, these recommendations were adopted. The Board adjourned, to meet on call of the President. H. E. CUNNINGHAM JAMES M. CLEARY Secretary President
| |
