Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 305]

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BOARD OF TRUSTEES ELECTION O F PRESIDENT PRO TEMPORE

[March 12

The office of President of the Board being vacant, Mr. Nickell took the chair and called for nominations of a President, Pro Tempore. Mr. Swain nominated Mr. Bissell. There being no other nominations, Mr. Bissell was elected President, Pro Tempore of the meeting and took the chair.

ELECTION O F O F F I C E R S

Mr. Bissell called for nominations of officers of the Board. Mr. Johnston nominated the following: President, Mr. Park Livingston, Secretary, Mr. A. J. Janata, Comptroller, Mr. H. O. Farber, each for a term of one year; Treasurer, Mr. C. W. Wei don, for a term of two years. On motion of Mr. Hughes, the nominations were closed. On motion of Mr. Herrick, the Secretary was instructed to cast the unanimous ballot of the Board for the election of the above named officers: Mr. Livingston, Mr. Janata, and Mr. Farber to serve until the second Tuesday of March, 1958 (March 11, 1958), or until their successors have been elected and qualified, and Mr. Weldon to serve until the second Tuesday in March, 1959 (March 10, 1959), or until his successor has been elected and qualified, in accordance with the statutory provision of a biennial term for a Treasurer.

ELECTION OF EXECUTIVE COMMITTEE

Air. Nickell nominated Mr. Johnston and Mrs. Watkins to serve, with the President of the Board as Chairman, as members of the Executive Committee for one year. Mr. Swain seconded these nominations. There being no further nominations, Mr. Johnston and Mrs. Watkins were elected as members of the Executive Committee to serve until the next annual meeting of the Board of Trustees, or until their successors have been elected.

TREASURER'S BOND

On motion of Mr. Johnston, the amount of the Treasurer's bond was fixed at $6,000,000. On motion of Mr. Nickell, the Finance Committee was instructed to see that the Treasurer presents a satisfactory bond, in the amount specified above, and to report it to the Board.

AUTHORITY TO RECEIVE MONEYS M r . H e r r i c k o f f e r e d t h e f o l l o w i n g r e s o l u t i o n a n d m o v e d i t s adoption: Resolved, t h a t the Treasurer of the Board of Trustees of the University of Illinois be, and he hereby is, authorized to receive and receipt for all moneys, and to endorse all orders, drafts, and checks due and payable to the Board of Trustees or to the University of Illinois, and especially all drafts drawn by the Treasurer of the United States payable to the Board of Trustees or the University of Illinois.

This resolution was adopted by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mr. Swain, Mrs. Watkins; no, none; absent, Governor Stratton, Mr. Williamson.