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Caption: Board of Trustees Minutes - 1958
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1957] UNIVERSITY OF ILLINOIS 341 Current Funds Exchange $2,000,000 U. S. 2$i per cent Certificates of Indebtedness due February I 5, 1957, for $1,000,000 U. S. ZV2 per cent Treasury notes due May 15, i960, and $1,000,000 U. S. 3 ^ per cent Certificates of Indebtedness due February 14, 1958 R e p o r t of C o m p t r o l l e r Dormitory Revenue Bond Fund of 1956 — Construction (Authorized by Board of Trustees resolutions of March 23, 1956, minutes page 985, and September 18, 1956, minutes page 52.) Sale $100,000 U. S. Treasury 1$^ per cent notes due May 15, 1957 $99 812 50 Transfer $90,000 U. S. Treasury 2$4 per cent Certificates of Indebtedness due March 22, 1957, transferred from Women's Residence Hall Construction Fund to Men's Residence Hall Construction Fund Dormitory Revenue Bond Fund of 1052 — Reserve (Authorized by Board of Trustees resolution of February 22, 1952, minutes page 1372.) Purchase $74,000 U. S. Treasury 2J4 per cent bonds due November 15, 1961 $71 132 50 Dentistry-Medicine-Pharmacy Building Revenue Bond Fund — Construction (Authorized by Board of Trustees resolution dated March 18, 1951, minutes page 632.) Purchase $10,000 U. S. Treasury Bills due February 7, 1957 $ 9 952 64 20,000 U. S. Treasury Bills due February 21, 1957 19 881 17 20,000 U. S. Treasury Bills due March 7, 1957 19 856 13 10,000 U. S. Treasury Bills due April 25, 1957 9 943 2 2 10,000 U. S. Treasury Bills due May 9, 1957 9 940 58 10,000 U. S. Treasury Bills due March 21, 1957 9 946 74 10,000 U. S. Treasury Bills due April 4, 1957 9 945 00 20,000 U. S. Treasury Bills due April 11, 1957 19 877 5 2 Dentistry-Medicine-Pharmacy Building Revenue Funds — Auxiliary (Business Manager of Chicago departments authorized by Board of Trustees at meeting of December 16, 1953, minutes page 1191.) Purchase $250,000 U. S. Treasury Bills due May 2, 1957 $247 9 2 5 50 This report was received for record. SALE OF SECURITIES The Finance Committee has received a recommendation from the First National Bank of Chicago for changes in investments of University funds which involve the sale of certain common stocks. The Committee concurs in these recommendations and requests the Board to adopt the following resolution authorizing the sale of these stocks: WHEREAS, the Board of Trustees of the University of Illinois is the owner of the following described common stocks: 35 shares Goodyear Tire and Rubber 70 shares Standard Oil of California
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