UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 222]

Caption: Board of Trustees Minutes - 1950
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1949]

Principal Amount $12,000 13,000 13,000 13,000 13,000 14,000 14,000 14,000 14,000 14,000 15,000 15,000 15,000 15,000 16,000 16,000 16,000 17,000 17,000 17,000 18,000 18,000 18,000 18,000 19,000 19,000 19,000 20,000 20,000 21,000 21,000 21,000 21,000 22,000 22,000 23,000 23,000 24,000 24,000 24,000 25,000 9,000

UNIVERSITY OF ILLINOIS Bond Numbers 5 9 - 7 0 incl 71-83 " 84-96 " 97-109 " 110-122 " 123-136 " 137-150 " 151-164 " 165-178 " 179-192 " 193-207 " 208-222 " 223-237 " 238-252 " 253-268 " 269-284 " 285-300 " 301-317 " 318-334 " 335-351 " 352-369 " 370-387 " 388-405 " 406-423 " 424-442 " 443-461 " 462-480 " 481-500 " 501-520 " 521-541 " 542-562 " 563-583 " 584-604 " 605-626 " 627-648 " 649-671 " 672-694 " 695-718 " 719-742 " 743-766 " 767-791 " 792-800 " Maturity Dates October 1, 1952 April 1, 1953 October 1, 1953 April 1, 1954 October 1, 1954 April 1, 1955 October 1, 1955 April 1, 1956 October 1, 1956 April 1, 1957 October 1, 1957 April 1, 1958 October 1, 1958 April 1, 1959 October 1, 1959 April 1, i960 October 1, i960 April 1, 1961 October 1, 1961 April 1, 1962 October 1, 1962 April 1, 1963 .October 1, 1963 April I, 1964 October 1, 1964 April 1, 1965 October 1, 1965 April 1, 1966 October 1, 1966 April 1, 1967 October 1, 1967 April 1, 1968 October 1, 1968 April 1, 1969 October 1, 1969 April 1, 1970 October 1, 1970 April 1, 1971 October I, 1971 April 1, 1972 October 1, 1972 April I, 1973

219

Bonds numbered 1 to 70, inclusive, bearing interest at the rate of four per cent ( 4 % ) per annum, bonds numbered 71 to 334, inclusive, bearing interest at the rate of two and one-half per cent (2^2%) per annum and bonds numbered 335 to 800, inclusive, bearing interest at the rate of two and three fourths per cent (234%) per annum, interest payable October 1, 1949, and semi-annually thereafter on the first days of April and October in each year, said bonds being redeemable as a whole or in part in the inverse order in which they are numbered, prior to their maturity, on any interest payment date on or after April I, 1952 and up to and including October 1, 1953, at par and accrued interest and a premium of three per cent ( 3 % ) of the principal amount thereof, a premium of two per cent ( 2 % ) of the principal amount thereof if redeemed on April I, 1954, or on any interest payment date thereafter up to and including October 1, 1958, and a premium of one per cent ( 1 % ) of the principal amount thereof if redeemed on April I, 1959, or on any interest payment date thereafter before maturity. Notice of redemption shall be given by publication at least once not less than thirty days prior to date of redemption, such publication to be made once in one newspaper published and of general circulation in the City of Chicago, Illinois; and W H E R E A S the said bonds are payable both as to principal and interest and premium, if any, solely from the net revenues to be derived from the operation of