Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 1098]

EXTRACTED TEXT FROM PAGE:

1958]

U N I V E R S I T Y OF I L L I N O I S

I095

LOEB CARDIOVASCULAR RESEARCH F U N D (14) T h e University has received from Mr. Allan M. Loeb, 332 South Michigan Avenue, Chicago, eighty shares of Sears, Roebuck and Company common stock to be sold and the proceeds used for the research work of Dr. Ormand C. Julian, Associate Professor of Surgery, on cardiovascular diseases. T h e Vice-President in charge of the Chicago Professional Colleges, acting for the President of the University, has accepted this grant and I concur. T h e Vice-President and Comptroller requests authorization to sell the stock. I concur and recommend adoption of the following resolution with the provision that this authorization be exercised by the Vice-President and Comptroller at his discretion when the funds are needed and market conditions are favorable for the sale of the stock. WHEREAS, the Board of Trustees of the University of Illinois is the owner of eighty shares of Sears, Roebuck and Company common stock, and WHEREAS, it is the decision of said Board of Trustees to sell and dispose of the stock, Now, Therefore, Be It Resolved that this sale be completed and that A. J. Janata, Secretary, and H . O. Farber, Comptroller, be authorized to execute all documents necessary to accomplish this.

On motion of Mrs. Watkins, the foregoing resolution was adopted.

PURCHASES (15) The Director of Purchases has proposed and the Vice-President and Comptroller recommends the following purchases. Unless otherwise specified, the purchase in each case is recommended on the basis of lowest bid. I concur. Department Item Vendor Cost International One air handling unit, 10 ton R. H. Spangler & Co., $3 152 81 Cooperation One air compressor, izoor.p.m., roh.p., f.a.s. Inc., Springfield Administration 440 volts, go cycle New York, N.Y. Contracts One evaporative-condenser, complete (for shipment with sprays, pumps, and motors to India) One standard receiver, air, 48 lbs. capacity One cylinder, freon-12 Seven strain gage elements, carrier type Civil Engineering Hathaway Instrument 4 860 00 Division, Hamilton One magnetic oscillograph, 100 ft- magaf.o.b. Watch Co., Denver, zine, with optical and galvanometers Denver, Colo. Colo. for type OA and OE galvanometers One synchronous time marker Eight galvanometers type OA Orthodontic appliances and supplies Dental S. S. White Dental 2 608 55 consisting of sixteen items of precious Manufacturing Co., Orthodontics metals (a complete list of the items Chicago included in this order was available at the Board meeting) One 100-channel magnetic memory core Physics Radiation Instrument 14 940 0 0 pulse height analyzer Development Labof.o.b. One printer and associated controls for ratory, Inc., Urbana Chicago above analyzer Six water tanks (radiation shields) to be Physics Burns Machine Com2 949 00 constructed according to specificaf.o.b. pany, Ottawa tions and drawings prepared by the delivered Physics Department One potentiometer, microvolt, ranges Physics Minneapolis-Honeywell 2 717 00 — J to 100 and —10 to 1000 /iv f.o.b. Regulator Co., PhilaOne Wenner thermofree reversing switch Philadelphia, Pa. delphia, Two standard resistors, one ohm (U.S. Pa. Bureau of Standards) Twelve cyclotron irradiations of silver Physics Argonne National 3 000 00 samples, with a- particles at 400 amp.Laboratories, f.o.b. hours bombardment, with 100 fi amp. Lemont Lemont °r greater intensity; to be completed m twelve separate irradiations between January 13, 1958, and May r, 1958 Collection of twenty-five early English 6 750 00 Library C. A. Stonehill, Inc., Printed almanacs and prognosticaNew Haven, Conn. tions dating from 1551 to 1568