Caption: Board of Trustees Minutes - 1952
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
I9S2] UNIVERSITY OF ILLINOIS M97 Champaign area, three of them being ultra high frequency and two very high frequency, including Channel 12 which is reserved for educational television. I recommend that the Board of Trustees authorize the filing of a formal application by the University with the Federal Communications Commission for a license to construct a television station and to operate the same on Channel 12. On motion of Mr. Johnston, the following resolution was adopted: The Board of Trustees of the University of Illinois hereby directs its corporate officers to file an application with the Federal Communications Commission for authority to construct a television station and for a license to operate the same on Channel 12. Mr. Nickell voted "no." APPOINTMENTS TO T H E STAFF OF THE ATHLETIC ASSOCIATION (22) The Director of Athletics and the Board of Directors of the Athletic Association recommend the following appointments: LEE P . EILBRACHT, H e a d Coach of Baseball beginning July 1, 1952, at a salary of $1,033.32 for the months of July and August and a salary of $6,200 for one year from September 1, 1952. ALLEN B. KLINGEL, Acting Head Coach of Swimming beginning September i, 1952, and continuing until further notice, at a salary of $6,100 a year. The Director of the School of Physical Education also recommends the appointment of Mr. Eilbracht as Instructor in Physical Education for Men on 12 per cent time for one year from September 1, 1952, at a salary of $800. Mr. Klingel is already an Instructor in Physical Education for Men on 28 per cent time at a salary of $1,425 and will continue in that position. I have approved these appointments. On motion of Mr. Grange, these appointments were confirmed. REPORT OF FINANCE COMMITTEE The Finance Committee reports the following transactions involving securities: Permanent Purchase: 200 shares 300 shares Sale: 275 shares @ 30 256 shares Endowment Fund Investments Illinois Power Company common stock @ 37^4 $ 7 557 85 Mississippi River Fuel Corporation common stock @ 36% n 148 63 National Distillers Products Corporation common stock Swift and Company capital stock @ 3i}4 Current Restricted Funds Investments 8 193 39 7 973 99 Exchange: $1,000,000 U.S.A. \%% certificates of indebtedness series A, due April 1, 1952, for $1,000,000 U.S.A. \%% certificates of indebtedness due February 15, 1953Student Loan Fund Investments Sale: $20,000 U.S.A. l%% certificates of indebtedness due February 15, 1953. Exchange: $40,000 U.S.A. \%% certificates of indebtedness series A, due April 1, 1952, for $40,000 U.S.A. V/i% certificates of indebtedness series A, due February 15, 1953- On motion of Mr. Fornof, these transactions were approved. FILING OF REGULATIONS FOR ADMINISTERING THE ACCOUNTANCY ACT The Secretary reports that, in compliance with the provisions of an act entitled "An Act concerning administrative rules" (House Bill 141,
| 
