Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 683]

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68o

BOARD OF T R U S T E E S

[June 22

a college shall be appointed biennially except that in this case the appointment will become effective November I instead of September i, 1953, since Dr. Dodds will not be available until the later date. In making this nomination I have had the advice and unanimous recommendation of the Executive Committee of the College of Education. Since this is a major appointment, the Secretary of the Board reported the Committee's action to the other trustees requesting that they advise him if they had any objection to this procedure before the appointment was announced. Oil and Gas Lease on Former Agricultural Experiment Farm in Olney, Illinois A proposal from the Calvert Drilling Company, Inc., of Olney, Illinois, for an oil and gas lease on a former Agricultural Experiment Station fruit farm in Richland County, which the University sold but in which the Univesrity has retained one-half the mineral rights, was presented to the Board of Trustees on April 20, 1953, and was referred to the Executive Committee with power to act. On instruction from the Committee, the Comptroller negotiated with the Calvert Drilling Company, Inc., for better terms than it had previously offered which included one-sixteenth (i.e., one-half of the standard one-eighth specified in such leases) of any oil or gas produced plus $1.00 per acre rental to be paid in the event the Company wishes to continue the lease in the second year in the absence of successful drilling. After considerable discussion the Company indicated willingness to make a lease bonus of $1.00 per acre (the University to receive one-half of this amount since it has one-half interest in the lease) rather than payment of $1.00 per acre delayed rental. This will assure the collection by the University of $38.50 for a lease for a primary term of two years in addition to any royalties that may accrue as a result of successful drilling. The Committee has authorized execution of a lease on the basis of these

revised terms. HERBERT B. MEGHAN FRANCES B. WATKINS, P A R K LIVINGSTON, Chairman

A. J. JANATA

Clerk

REPORT OF T H E CHICAGO DEPARTMENTS COMMITTEE

Mrs. Watkins, for the Committee on the Chicago Departments, presented a report and series of recommendations relating to the administration of the Chicago Professional Colleges and the Research and Educational Hospitals. Action on this report was deferred.

SECRETARY'S REPORTS

The Secretary presented for record the following lists: (1) appointments made by the President; (2) fellows; (3) resignations and declinations; (4) leaves of absence.

APPOINTMENTS MADE BY T H E PRESIDENT (The date in parenthesis is the date on which the appointment was made by the President of the University. C = College; S = Station; E = Extension.) ABRAHAMS, ELIHU, Research Associate in Physics ( C ) , one year beginning September 1, 1953, $5100, supersedes (5-26-53). ANDERSON, JOHN M., Research Associate in Electrical Engineering ( S ) , four months beginning May I, 1953, $440 a month, supersedes (6-6-53). ANG, C H O H - Y I , Research Assistant in Mining and Metallurgical Engineering ( C ) , three months beginning June 16, 1953, $300 a month (5-27-53). ARCHER, LUTHER B., Associate Professor of Electrical Engineering, in the Summer Session of 1953, on full time, June 19-August 15, 1953, $1312 for the period, supersedes (6-U-53).