Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 681]

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BOARD OF TRUSTEES

[June 22

Period of Loan: Notes are payable in graduated monthly installments, beginning four months after graduation or withdrawal from the University. The total amount borrowed must be repaid by no later than four years following graduation or date of withdrawal. T h e Comptroller recommends acceptance of these revisions and I concur. O n m o t i o n of M r . H e r r i c k , t h e s e r e v i s i o n s w e r e a p p r o v e d . PROPOSED AFFILIATION W I T H CHICAGO MEMORIAL HOSPITAL (24) F o r over a year there have been discussions between representatives of the Chicago Memorial Hospital a n d - t h e University of Illinois with respect to the proposed removal of Memorial Hospital to the Medical Center in order to continue its functions as a private hospital in affiliation with the University. T h e discussions have been chiefly between Mr. Vernon Loucks, Chairman of the Board (now succeeded by Mr. William H . Mitchell), Dr. Paul C. Bucy and Dr. John V. Prohaska, representing Memorial Hospital, and Dr. Ivy, Dr. Harvey, the Provost, and myself, representing the University. On January 16, 1953, the Memorial Hospital formalized its position as follows: R E S O L V E D that the Board of Trustees of The Chicago Memorial Hospital is interested in moving its location to a site in the Medical Center, Chicago, Illinois, to be designated by the University of Illinois, and desirous of exploring with President George D. Stoddard of the University of Illinois the financing of such a move and working out the details of an operating arrangement between the University of Illinois and T h e Chicago Memorial Hospital, and that President George D. Stoddard be so advised. Accordingly, we have been exploring the desirability of such a move and especially the matter of cost and the possible sources of funds. F r o m the standpoint of the University this would be a desirable development for the following reasons: (1) it would increase the effectiveness of the faculty of the University of Illinois by saving time and energy in their parttime private practice; (2) it would increase the number of patients available for study and teaching, and it would broaden the teaching program; (3) it would assist in the program of nursing education. The proposal, in brief, calls for a 300-bed hospital, together with a building which would provide 50 offices and 92 examination rooms. T h e proposal is outlined in some detail in the attached brochure 1 which was prepared by Mr. Todd Wheeler in collaboration with the staff of the Chicago Memorial Hospital and the University of Illinois. It will be noted that the estimated cost of the project is $6,000,000 and that the resources in sight total $3,000,000. It is, therefore, necessary to find the sum of $3,000,000 in order to launch this project. Subject to the approval of the Board of Trustees of the University of Illinois, we have offered to assist the Chicago Memorial Hospital in this fund raising. I believe that a mutually advantageous plan of affiliation could be worked out between the Memorial Hospital and the University and that the project would be extremely helpful to the morale and efficiency of our medical staff. I recommend, therefore, that the Board of Trustees endorse in principle the proposed removal of the Chicago Memorial Hospital to a site in the Medical Center, together with some form of affiliation to be agreed upon by the respective boards, and that the staff of the University be authorized to assist the Chicago Memorial Hospital in securing the necessary funds from private sources, all with the understanding that there will be no obligations in tax support.

On motion of Mr. Johnston, this proposal was endorsed in principle, subject to an approving opinion from the Legal Counsel on the legality of the affiliation.

PATENTABLE DISCOVERIES (25) The University Patent Committee submits the following recommendations relating to potentially patentable discoveries: Harold R. Snyder, Professor of Chemistry, has developed a process for making acetyltryptophan, one of the amino acids. This is a new method of

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A copy of this brochure has been filed with the Secretary.