Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 189]

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BOARD OF TRUSTEES

[January 16

GRANT FROM FOREST PARK FOUNDATION OF PEORIA (10) The Forest P a r k Foundation of Peoria has made a grant of $25,000 to the University for a three-year study by the Institute of Labor and Industrial Relations of economic problems of older workers in the Peoria area. Objectives of this study as agreed to by the Foundation and the University are ( a ) to identify the problems of older workers in Peoria and see to what extent they parallel or differ from the problems of older workers elsewhere; (b) to study solutions which have been or are being worked out in Peoria with a view toward disseminating information for possible application elsewhere; and (c) to develop new solutions which might be tested in Peoria and, if successful, used as a basis for action elsewhere. The Peoria area was chosen for this research study because the Forest Park Foundation has already done extensive work on the problems of older people there. I have authorized acceptance of this offer and request confirmation of my action.

On motion of Mr. Swain, the President's action was confirmed.

GEHRMANN LECTURESHIP IN MEDICINE (11) In 1924 Mrs. Albertina Gehrmann bequeathed to the University $10,000 to establish a lectureship in the College of Medicine in honor of the late Dr. Adolph Gehrmann who was Professor of Bacteriology and Hygiene in the College of Medicine from 1894 until his retirement in 1918. Mr. Felix Gehrmann, son of Dr. Gehrmann, has now offered the University $30,000 par value State of Illinois Service Recognition bonds Series A, bearing an interest rate of i | 4 per cent and maturing May 1, 1972. Attached to the bonds are undipped coupons from May 1, 1951, to date, with a value of $3,150. On the date of the gift, November 8, 1956, these securities had a market value of $25,080. This gift is to be added to the original Gehrmann Lectureship Fund, and I have accepted it on behalf of the University. The First National Bank of Chicago and officials of the Chicago Professional Colleges have recommended, in view of the present state of the bond market, to retain these securities for the present. The Vice-President and Comptroller concurs in this recommendation. Approval of the retention of these securities and confirmation of the acceptance of the gift are requested. O n m o t i o n of M r s . W a t k i n s , t h e P r e s i d e n t ' s a c t i o n w a s c o n f i r m e d . DAVID J . DAVIS FELLOWSHIP IN PATHOLOGICAL SCIENCES (12) The University has been given $25,000 to establish in the College of Medicine the David J. Davis Fellowship in Pathological Sciences. Provision for this fellowship was made by the late Myra Jones Davis (Mrs. David J. Davis) in her will under a trust agreement with the State Bank and Trust Company of Evanston, Illinois. Dr. Davis was Professor of Pathology in the College of Medicine from 1913 and Dean of the College from 1924 until his retirement in 1943. H e died on December 19, 1954. His interest in the field of medical history led to the establishment of an endowment, through gifts from many friends, of a D. J. Davis Lectureship in Medical History. The terms of Mrs. Davis' gift were chosen to permit wide latitude in the subject of study and choice of individuals, and reflect the broad interest of Dr. Davis in the pathogenesis of disease during his earlier years on the faculty and the continuous concern for the development of his students. The terms also permit the use of the principal as well as income to accomplish best its purpose. I have authorized acceptance of this gift to be used as indicated above and request confirmation of my action. O n m o t i o n of M r . Nickell, the P r e s i d e n t ' s action w a s confirmed, a n d the S e c r e t a r y w a s r e q u e s t e d to send to r e p r e s e n t a t i v e s of the f a m i l y of D r . D a v i s a n e x p r e s s i o n of a p p r e c i a t i o n o n b e h a l f o f the B o a r d f o r t h i s gift. GIFT FROM THE MAGNAVOX COMPANY (13) T h e Magnayox Company, Fort Wayne, Indiana, through its President, has presented the University seven television sets for the use of students and mem-