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Caption: Board of Trustees Minutes - 1952
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766 BOARD OF TRUSTEES [June 13 Everitt of the College of Engineering and Dean Wilbur Schramm of the Division of Communications. I recommend that this offer be accepted, with appropriate acknowledgment t o the General Electric Company. On motion of Mrs. Watkins, this offer was accepted. ESTATE OF ALBERT BELLAMY (21) On September 29, 1950, a report was rendered t o the Board on the bequest of Mr. Albert Bellamy, a graduate of the University in 1881, who died January 13, 1948. There has now been received from the Executor of t h e Estate an additional sum of 55,099.21 as the final distribution, with the result t h a t the total amount received by the University under such bequest is 560,961.30. T h e section of the will relating to the use of the bequest is not specific, merely providing t h a t it is to be used "in assisting needy students to acquire an education." T h e use of these funds has been considered by the Chairman of the Committee on Special Undergraduate Scholarships, the Comptroller, and the Assistant to the Legal Counsel, and it is the opinion of these officers that it is entirely proper and desirable t h a t the principal of this bequest be held intact, to function as an endowment fund, and that the income be used for undergraduate scholarships, to be administered by the University committee established for this purpose. Such proposed use of the bequest has been presented to the Administrator de bonis non with t h e will annexed who is the son of the Executor appointed in t h e will and he states that from conversations with his father he knows the purposes of Mr. Bellamy in respect to this bequest and he believes the proposed use of the fund meets those purposes. Therefore, the Chairman of the Committee on Special Undergraduate Scholarships and the Comptroller recommend t h a t t h e principal and income of this fund be held and used in this manner. I concur. On motion of Mr. Grange, the plan recommended for the use of these funds was approved. PURCHASES Purchases Authorized (22) The following purchases were authorized by the President's Office on the recommendations of the Director of Purchases and the Comptroller. Item One 28-ft. dual wheel trailer to be used to exhibit seed displays in extension work One 1951 panel truck, Yt ton, complete with four-speed transmission, neater and defroster, directional turn indicators, extra auxiliary seat and spare tire, for Department of Geology field trips Department Agronomy Vendor Piatt Trailer Co., Inc., Elkhart, Ind. Sullivan Chevrolet Co., Champaign Cost $1 n o 67 f.o.b. Elkhart, Ind. 1 589 36- Physical Plant Purchases Recommended The Director of Purchases has proposed and the Comptroller recommends the following purchases. Unless otherwise specified, the purchase in each case is recommended on the basis of lowest bid. I concur. . Item 50 ft. 0.050* platinum 20% rhodium furnace wire 25 ft. 0.020* platinum C.P. thermocouple wire 25 ft. 0.020* platinum 10% rhodium thermocouple wire Six each platinum 10% rhodium crucibles 30 c.c. capacity, standard form without lid Less trade-in allowance of 200 grams scrap platinum One fume hood, y'z" long x 7 ; 2>j* high x 4*6* wide, with base made of carbon steel, superstructure of aluminum and table top of stainless steel Department Ceramic Engineering Vendor Baker & Co., Inc., Chicago $1 Cost 527 05 net f.o.b. Newark, N.J. Chemistry Walrus Manufacturing Co., Decatur 2 637 86 delivered and installed
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