Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 556]

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1953]

UNIVERSITY OF ILLINOIS

553

212. Mrs. Charles Grosberg, $15 to the Occupational Therapy Gift Fund. 213. Mrs. Lena Holtzman, in memory of her son, Jack Holtzman, $500 for research on tumors of the central nervous system, under the direction of Doctors Percival Bailey and Arthur Arnold of the Department of Neurology and Neurological Surgery. 214. The Delia M. Lazier Family, in memory of Paul L. Lazier, $100 to the Anonymous Clinical Science Gift Fund, under the direction of Dr. A. C. Ivy. 215. Dr. John A. Lowe, Mobridge, South Dakota, $100 to the Pediatrics Gift Fund. 216. Mr. William Maloney, $5 to the Department of Clinical Science. 217. Mr. Charles G. Middleton, Louisville, Kentucky, $10 to the Department of Otolaryngology. 218. Dr. Leo F. Miller, $50 for annual awards to junior medical students. 219. New York Alumni of the College of Dentistry, in memory of Dr. M. B. Rubin, deceased, $200 to the College of Dentistry. 220. Dr. H. G. Poncher, $75 to the Travel Fund of the Department of Pediatrics. 221. Men's Club of Sinai, $50 to the Anonymous Clinical Science Gift Fund. 222. Dr. H . E. Turner, $100 to the Orthopaedic Surgery Alumni Travel Fund. 223. Mr. Victor S. Yarros, $300 to the Rachelle S. Yarros Scholarship Fund. Total, Funds Received from Individuals $6,760.00 C. Gifts of Equipment or of Funds for the Same 224. Allen Memorial Fund Organization, $583.25 for the purchase of books for the Quine Library of Medical Sciences. 225. Rachel Roach Memorial Fund, $44.66 for the purchase of books for the children's school library in the Department of Orthopaedic Surgery. 226. Westinghouse Electric Corporation, Chicago, an artificial kidney unit and accessories for the Department of Medicine. 227. W L S Prairie Farmer Christmas Neighbor's Club, an adult orthopaedic walker. 228. Women of the Rotary Club of Chicago, $419.57 for a television set and table, nursery tables and chairs for the Department of Orthopaedic Surgery. Total, Gifts of Equipment or of Funds for the Same $1,047.48 Total, Chicago Professional Colleges $551,190.41 Grand Total $1,204,569.83 T h i s report w a s received for record. S E T T L E M E N T WITH AMERICAN CASUALTY COMPANY UNDER C O N T R A C T P E R F O R M A N C E BOND O F BDN S T E E L ERECTING COMPANY The Legal Counsel presented the following report. At its January 21, 1953, meeting, the Board of Trustees declared BDN Steel Erecting Company in default with respect to its contract for the erection of a steel radio tower with antenna and other equipment at Robert Allerton Park, Illinois, and authorized the Comptroller and Legal Counsel to take steps to enforce the University's rights under the performance bond given by BDN Steel Erecting Company, as principal, and American Casualty Company of Reading, Pennsylvania, as surety, as a result of the principal's default. The amount of that bond was $12,600. Shortly after B D N Steel Erecting Company began work under the contract, it was paid $2,000 on account by the University. This was done without giving notice to the surety company and securing its consent to the payment, and the surety company contends that it was prejudiced by this action and that this payment either released it entirely from its liability under the bond or reduced that liability to the extent of the payment. Subsequently, and with the surety's consent, the University paid the contractor an additional $5,862.96 for work done by it under the contract. Negotiations with the attorney for the surety company have resulted in an assurance by him that he will recommend that the surety company pay the University $10,600 in full settlement and satisfaction of the surety's liability to the