Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 507]

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BOARD OF T R U S T E E S

[July 15

MEETING OF COMMITTEE OF THE W H O L E

A meeting of the Board of Trustees as a Committee of the Whole was held in the Illini Union Building, on Monday, July 15, 1957, beginning at 8:00 p.m., Central Daylight Saving Time. The members and officers of the Board and officers of the University, as recorded above, were present at this Committee meeting. The Committee considered the following matters of business.

PARSONS LIBRARY COLLECTION President Henry reported to the Committee that the private library of Edward Alexander Parsons of New Orleans, Louisiana, considered to be one of the finest private libraries in the United States, has been offered for sale. The collection consists of 40,000 books (many of them being rare books) and 8,000 manuscripts. Its acquisition by the University would add materially to the resources and greatly enhance the prestige of the Library. Vice-President and Provost Larsen and VicePresident and Provost-elect Ray also commented on this proposal. At a meeting of the Board of Directors of the University of Illinois Foundation held on July 12, 1957, the Directors voted to authorize the acquisition of this collection as a Foundation project for which the Foundation will raise the funds with the assistance of the Director of the Library and other University officials. No action by the Board of Trustees is required or requested and this matter is being reported simply for information of the Board. OPERATING BUDGET FOR 19 5 7 - 5 8 President Henry, Vice-President and Provost Henning Larsen, and Vice-President and Comptroller H. O. Farber presented the University's internal operating budget for the fiscal year beginning July I and the academic year beginning September I, *957- Copies of the budget had previously been sent to each member of the Board. The presentations and recommendations of the President and the Vice-Presidents are set forth in a document, "Condensed Analysis and Summaries," copies of which had also been sent to the Trustees in advance. The President also supported his presentations with a memorandum on salary increases and a list of promotions recommended. Copies of all of these documents were filed with the Secretary of the Board for record. Following these presentations, President Livingston, Chairman of the Committee of the Whole, called for a discussion in which all members of the Board present participated. Mr. Johnston, Chairman of the Committee on General Policy, reported that his Committee had held a meeting earlier in the evening and recommends to the Board that the salary of the President of the University be increased by $6,000. On motion of Mr. Johnston, seconded by Mr. Bissell, the Committee of the Whole voted to amend the budget as presented by the President of the University in accordance with the recommendation of the Committee on General Policy.

The Committee of the Whole recessed until 9:00 a.m., July 16, 1957.

MEETING OF EXECUTIVE COMMITTEE A meeting of the Executive Committee of the Board of Trustees of the University of Illinois was held in the Illini Union Building on Monday, July 15, 1957, beginning at 10:30 p.m. The following members of the Committee were present: Mr. P a r k Livingston, Chairman, Mr. Wayne A. Johnston, Mrs. Frances B. Watkins. Also present were other members of the Board of Trustees, officers of the Board, and officers of the University as recorded at the beginning of these minutes. The Committee considered the following recommendations from the President of the University. Recommendations of the University P a t e n t Committee The University Patent Committee submits, with the concurrence of the Chairman of the University Research Board, the following recommendations relating to inventions by members of the staff. 1. Semen diluent and processing method permitting storage and preservation of spermatozoan fertility at widely fluctuating temperatures above freezing by