UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: UI Library School Alumni Newsletter - 15 [PAGE 4]

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annual memberships were used to defiay the expenses Letter, and also to lend money to MUUC.U3 »..« ,.« ~ finish their year without help. There were always three or four such loans out and sometimes more applications than could be taken care of.

TREASURER'S REPORT

JUNE 1, 1 9 3 0 - J U N E 12, 1931

Balance brought forward iUV.W (Endowment Fund $716.92; Treasury $302.14) Receipts t t n o 1C Life memberships ^ii'« Annual memberships il£ Interest oi-oJ Loans repaid Total Expenditures • Turned over to Endowment Fund Trustees in July $700.00 Invested for general treasury from loans repaid 400.00 Loans made to students 550.00 News Letter No. 14 57.34 Notices, printing, etc 33.45 A.L.A. Meeting expenses 14.10 Liability to trustees for endowment funds not yet transferred 525.17 General Treasury Balance June 12, 1931 June, 1930, balance on hand in bank Outstanding loans Invested in Building and Loan General treasury total assets

$1019.06

7->, „ lc\.ii 550.00 $2290.14

2282.47 $ 7.67 $ 757 850 00 60000 $1457 67

ENDOWMENT FUND REPORT Financial report of the Trustees of the Alumni Endowment Fund as of June 1, 1931, as presented by John S. Cleavinger. The resources of the fund which are at present in the hands of the Trustees are as follows:

6%

n o t due^l5,°T9 3i . ! ! . . ^ " f ° ° n Urbana, Illi$S On deposit in Bowery Savings Bank,' New York City!! °2S'« Total ••eficT — Sources of this amount: $5082.55 From life memberships and special contributions of $48000 aii*. h zed d X & S ^ °:: / v a n c e of $596.00 f r o m T * % £ & Interest collected to date Endowment Fund Total ••.............'...'/.

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$4393.50 -689.05

!S?JL iL? « S commit ballot e mc 8 tn .k 2V « ^ P ? " ' ? ° MISS Ahern and Mr. Strohm « v e r1*i;„u, ,, short talks xn which they spoke of their affection f o M f f S S W i •' appreciation o the work it has done and their hope f t! e fm Librananshtp ,n the readjustment through which the cm „ ' ng. Mr. Windsor then told about the new IV, ,si,"J tJ\ the \ ^ " i it larry Woodburn Chase

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