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Caption: Board of Trustees Minutes - 1948
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1946] UNIVERSITY OF ILLINOIS 49 vided that the trustees should convert into cash all assets, and after all taxes, insurance, repairs, and other expenses and certain minor legacies had been paid, the bulk should be transferred to the Board of Trustees of the University of Illinois. T h e trustees have completed this liquidation and have submitted their final report. T h e total receipts of the University from this trust amount to $178,277.86. The sum of $164,156.77 of this amount comes from the liquidation of the principal, and $14,121.09 from the realization of income by the trust during this liquidation. Since funds have been transmitted to the University of Illinois at various times during the life of the trust, the University has been able to invest, and since 1941, has realized endowment income of $18,459.19. During this same period, scholarships have been paid in the total amount of $6,845.00, leaving on hand a total of $11,614.19. Of this balance $10,000 is temporarily invested. This report was received for record. PURCHASES AUTHORIZED (21) T h e following purchases were recommended by the Purchasing Agent and authorized by the Comptroller. Unless otherwise specified the purchases were made on the basis of lowest bids, ceiling prices, or because the items are noncompetitive. Emergency action was necessary to secure delivery in time to meet specific needs or because prices quoted were subject to immediate acceptance. Item Furniture for public waiting room at the Airport 600 56 x 76" mattress pads 43 items of various laboratory supplies Department Institute of Aeronautics Residence Halls Pharmacy Vendor Marshall Field and Company, Chicago $ Harris & Wellman, Chicago Central Scientific Co,, Chicago A. Daigger & Co., Chicago Arthur S. LaPine and Co., Chicago E. H. Sargent & Co.. Chicago E. H. Sargent & Co.. Chicago Cost 1 507 20 1 4.22 0 0 1 0 7 9 5R 4 0 8 54 r Beckman quartz spectrophotometer 1 ultraviolet accessory set, i compartment assembly 1 hydrogen discharge lamp, I cell adapter, 4 cells Remodel and extend south end of soda fountain interior, Chicago Illini Union Building Cafeteria 129 items, laboratory apparatus and supplies Navy O.R.I., Chemistry Task VII 2 051 40 1 HP 1 59* 0 0 Physical Plant Pascal Equipment Co., Chicago 1 511 40 General Chemical Stores Textbooks for College of Pharmacy students Textbooks for College of Dentistry students 2000 grams i(—) leucine, 3000 grams d i-isoleucine, 3 000 grams di-valine, 1000 grams di-phenylalanine, 2000 grams di-threonine 1 model FD-50 General Electric room air conditioner, complete with heating, cooling, and humidifying equipment, and automatic control 6 Aeronca Champion planes Student Supply Store, Chicago Student Supply Store, Chicago Chemistry E. H. Sargent & Co., Chicago 2 9 7 2 5 6 Schaar & Company, Chicago 4 3 3 1 2 9 A. Daigger & Co., Chicago 2 763 09 A. S. Aloe Co., Chicago 2 650 99 Chicago Apparatus Co. 73 2 8 4 198 0 0 Central Scientific Co., Chicago Macmillan Publishing Company, Chicago 1 538 80 Chicago Medical Book Com5 085 20 pany Chicago Medical Book Company 2 650 00 Merck and Company, Inc., 3 206 00 Rahway, N. J. f.o.b. Rahway Reliable Plumbing and Heating Company, Champaign Mechanical Engineering 1 3 75 00 Institute of Aeronautics Currey Air Service, Galesburg 1: 214 50
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