Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 1303]

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BOARD OF TRUSTEES DELEGATION O F S I G N A T U R E S

[March 20

On motion of Mr. Nickell, seconded by Mr. Bissell, the following resolution was adopted:

Resolved, that the President and the Secretary of the Board of Trustees of the University of Illinois are authorized to delegate the signing of their names as President and Secretary, respectively, to vouchers to be presented to the Auditor of Public Accounts, and to warrants drawn on the Treasurer of the University, under the following conditions: T h e President of the Board of Trustees is authorized to delegate to C. H. Pratt, to L. M. Dahlenburg, and to W. D. Green in Urbana, and to H. A. Hazleton, to W. E. Cowart, and to H . O. Albers in Chicago, and to H . R. Kobes and to Mabel F . Meek in Springfield, authority to sign his name as President of the Board of Trustees to vouchers against the Auditor of Public Accounts; and to C. C. DeLong, to R. W . Zimmer, and to R. F. Wood in Urbana, and to H . A. Hazleton, to W . E. Cowart, and to H. O. Albers in Chicago, authority to sign his name to warrants on the University Treasurer covering vouchers approved in accordance with regulations approved by the Board. The Secretary of the Board of Trustees is authorized to delegate to Maude Archdeacon, to Everett G. Smith, and to Helen Smith Sutherland in Urbana, and to G. R. Moon, to Ethel Engeljohn, to Helen Wyle, to Lucile Nedwick, and to Velma M. Davis in Chicago, authority to sign his name as Secretary of the Board of Trustees to vouchers against the Auditor of Public Accounts and to warrants on the University Treasurer, covering vouchers approved in accordance with regulations of the Board. The Secretary of the Board of Trustees is authorized to delegate to Mrs. Freda M. Hicks and to Lean C. Ryan in Springfield, authority to sign his name as Secretary of the Board of Trustees on vouchers against the Auditor of Public Accounts approved in accordance with the regulations of the Board. These authorizations are to continue in effect until the Auditor of Public Accounts has been supplied with specimen signatures of succeeding officers of this Board. And be it further Resolved, that the First National Bank of Chicago as a designated depositary of C. W. Weldon, Treasurer of this corporation, be and it (including its correspondent banks) is hereby requested, authorized, and directed to honor checks, drafts, or other orders for the payment of money drawn in this corporation's name, including those drawn to the individual order of any person or persons whose name or names appear thereon as signer or signers thereof, when bearing or purporting to bear the facsimile signatures of the two following: H . B. Megran, President, and A. J. Janata, Secretary; and the First National Bank of Chicago (including its correspondent banks) shall be entitled to honor and to charge this corporation for all such checks, drafts, or other orders, regardless of by whom or by what means the facsimile signature or signatures thereon may have been affixed thereto, if such facsimile signature or signatures resemble the facsimile specimens duly certified to or filed with the First National Bank of Chicago by the Secretary or other officer of this corporation. And be it further Resolved, that the Auditor of Public Accounts is hereby authorized and directed to honor vouchers bearing facsimile signatures of the President and Secretary of the Board of Trustees of the University of Illinois if such facsimile signatures resemble the facsimile specimens duly certified to or filed with the Auditor of Public Accounts by the Secretary. DEPOSITARY O F G E O R G E A. MILLER E N D O W M E N T F U N D S AND S E C U R I T I E S O n m o t i o n of M r . N i c k e l l , s e c o n d e d b y M r . B i s s e l l , t h e f o l l o w i n g resolution was adopted: WHEREAS, under the will of the late Professor George A. Miller the Board of Trustees of the University of Illinois (hereinafter designated as the University) received a certain bequest of cash and securities, and WHEREAS, it is the present intention of the University that said bequest be held intact as an endowment fund, to be invested in stocks, bonds, securities, and other property and the income accruing thereon disbursed for certain educational purposes as provided in said will, and WHEREAS, it is deemed desirable that said securities be kept in a safe place, with the income collected by the safekeeping agency,