Repository: UIHistories Project: Board of Trustees Minutes - 1948 [PAGE 820]

EXTRACTED TEXT FROM PAGE:

1947]

UNIVERSITY OF ILLINOIS

8l9

The Comptroller presented this matter. After discussion, and on motion of Mr. Fornof, seconded by Mrs. Holt, Resolution 1, above, was adopted as recommended, by the following vote: Aye, Mr. Fornof, Mrs. Holt, Mr. Livingston, Dr. Luken, Mr. McKelvey, Mr. McLaughlin, Mr. Williamson; no, none; absent, Mr. Davis, Mr. Green, Dr. Meyer, Mr. Nickell.

2. R E S O L U T I O N A U T H O R I Z I N G T H E P R E S I D E N T , S E C R E T A R Y , AND TREASURER O F T H E BOARD O F T R U S T E E S T O EXECUTE ALL I N S T R U M E N T S NECESSARY FOR T H E TERMINATION O F T H E ILLINI UNION TRUST Resolved that the President, Secretary, and Treasurer of the Board of Trustees of the University of Illinois, be and they are each and all of them hereby authorized and directed to execute all instruments, papers, and documents necessary or convenient to accomplish the issuance of $425,000 Illini Union Building Revenue Bonds, and the reacquiring and revesting of all of the trust property held by the University of Illinois Foundation, as Trustee under that certain Trust Agreement dated the 27th day of September, 1940, and known as the "Illini Union Building Trust," and that the Treasurer is authorized and directed to deposit the proceeds of the sale of said bonds, including funds now available in the Illini Union Building Fund Account, in such bank or banks as may be requested by the Connecticut Mutual Life Insurance Company or the University of Illinois Foundation.

The Comptroller presented this matter. After discussion, and on motion of Mr. Fornof, seconded by Mrs. Holt, Resolution 2, above, was adopted as recommended, by the following vote: Aye, Mr. Fornof, Mrs. Holt, Mr. Livingston, Dr. Luken, Mr. McKelvey, Mr. McLaughlin, Mr. Williamson; no, none; absent, Mr. Davis, Mr. Green, Dr. Meyer, Mr. Nickell.

3. R E S O L U T I O N D E S I G N A T I N G T W O M E M B E R S O F T H E B O A R D OF TRUSTEES WITH T H E OFFICERS TO EXECUTE T H E $425,000 I L L I N I U N I O N R E V E N U E B O N D S

Resolved that Trustees FRANK H . MCKELVEY and KENKEY E. WILLIAMSON be

and they are hereby designated and directed to execute the proposed Illini Union Building Revenue Bonds, together with the President and Secretary of the Board of Trustees of the University of Illinois, as required by the resolution heretofore adopted authorizing the issuance of said bonds.

The Comptroller presented this matter. After discussion, and on motion of Mr. Fornof, seconded by Mrs. Holt, Resolution 3, above, was adopted as recommended, by the following vote: Aye, Mr. Fornof, Mrs. Holt, Mr. Livingston, Dr. Luken, Mr. McKelvey, Mr. McLaughlin, Mr. Williamson; no, none; absent, Mr. Davis, Mr. Green, Dr. Meyer, Mr. Nickell.

CLINICAL FACULTY OF T H E COLLEGE OF MEDICINE, 1 9 4 7 - 1 9 4 8 (2) A recommendation that appointments be made (as printed in the Appendix, page 864) to the nonsalaried, or clinical, faculty of the College of Medicine for the academic year beginning September 1, 1947; and that the President of the University be authorized to make such additional appointments and other changes as are desirable and necessary. All appointments are for one year from September 1, 1947, unless otherwise indicated. A summary by departments of the number of appointments with the comparative figures for 1946-1947 is also submitted.

On motion of Dr. Luken, these appointments were made, and authority was granted, as recommended.