Repository: UIHistories Project: Book - 16 Years (Edmund James) [PAGE 250]

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Sixtotn Ytars at the University of Winds

Tho College of Physicians and Surgeons immediately opened a medical school in the same plant on the day after the University closed its medical school, and admitted the students of the University medical school to the new school. This closing of the medical department of the University caused great consternation among the alumni of the medical department and in general among the friends of advanced medical education thruout the state. These latter immediately bestirred themselves in the matter, and finally, on August 23, 1912, asked the Trustees of the University whether they would accept the property of the College of Physicians and Surgeons if the alumni and other friends of medical education would secure the stock of the corporation and present the property to the trustees. After mature deliberation, upon September 19, 1912, the trustees voted that they would accept the property if the stock should be delivered in a block on or before the first day of February, 1913. On January 31,1913, the chairman of the committee which had been entrusted with this work, presented to the president of the Board of Trustees of the University of Illinois, the entire stock of the College of Physicians and Surgeons. It had been acquired by the committee, partly through donations from the persons owning the stock, and partly through purchase with funds raised by private subscription among the friends of medical education. Thus the conditions specified by the board were met and, therefore, at the meeting on February 12, 1913, the Trustees voted to accept the property of the College of Physicians and Surgeons, subject to the mortgage indebtedness resting upon the property amounting to $245,000 with an interest charge of $14,320, disclaiming at the same time all responsibility for the payment of such indebtedness. The Trustees at the same time directed the President of the University to reopen the medical school in the plant thus acquired, which was done Thursday, March 6, 1913. At this time the deeds and bill of sale to the property, real and personal, and the stock, together with the charter belonging to