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Caption: Board of Trustees Minutes - 1958
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54 BOARD OF TRUSTEES [September 18 "RESOLUTION authorizing the issue of Women's Residence Halls Revenue Bonds of 1956, of The Board of Trustees of the University of Illinois in the principal amount of $3,100,000 for the purpose of providing funds necessary to construct, complete, and equip an addition to the Women's Residence Halls known as the Lincoln Avenue Residences in the City of Urbana, Illinois, fixing the date, maturities, form, and other details of said bonds, and making covenants and provisions for the payment of said bonds and the interest thereon," is a true, correct, and exact copy of the original resolution adopted by The Board of Trustees of the University of Illinois at its regular meeting held on the 18th day of September, 1956. IN WITNESS WHEREOF I hereunto set my hand and the seal of said University of Illinois, this day of , 1956. Secretary, Board of Trustees University of Illinois O n motion of M r . Livingston, this resolution was adopted by the following vote: Aye, M r . Herrick, M r . Johnston, M r . Livingston, M r . Megran, M r . Swain, M r s . W a t k i n s , M r . Williamson; no, none; absent, M r . Bissell, M r s . Holt, M r . Nickell, M r . Stratton. REPORT OF FINANCE COMMITTEE ON INVESTMENTS M r . Livingston, for the Finance Committee, reported the following changes in investments of trust funds. Purchase Endowment Funds $24,000 par value Northern Illinois Gas Company first mortgage 354 per cent bonds due April 1, 1981 $24 360 00 20,000 General Motors Acceptance Corporation 3 ^ per cent bonds due I0 in 1975 7°° °° Trust Funds Purchase (Chicago) $2,500 U. S. Treasury 2^4 per cent bonds due August 15, 1963 $2 425 48 Report of Comptroller Dentistry-Medicine-Pharmacy Building Revenue Bond Fund-Construction (Authorized by Board of Trustees resolution dated March 18, 1951, minutes page 632.) Purchase $25,000 U. S. Treasury Bills due August 23, 1956 $24 857 06 60,000 U. S. Treasury Bills due September 6, 1956 59 677 33 Residence Halls Revenue Bond Fund of 1952 Reserve Account (Authorized by Board of Trustees resolution dated February 22, 1952, minutes page 1370.) Purchase $32,000 U. S. Treasury 2j4 per cent bonds due March 15, 1970 $29 260 00 Dormitory Revenue Bond Fund of 19^-Construction (Authorized by Board of Trustees resolution dated March 23, 1956, minutes page 085.) Purchase $ 97,000 U. S. Treasury Bills due September 27, 1956 $ 96 745 38 85,000 U. S. Treasury Bills due October 25, 1956 84 583 50 630,000 U. S. Treasury Bills due November 15, 1956 625 863 20 This report was received for record.
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