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Caption: UI Library School Alumni Newsletter - 29
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Alumni News Letter As8C /!L*tanding loans to students 2 oo un g S S S n t ? Citizens Building & Loan at 4% [ ffig Kvestment: Federal Savings Building & Loan at 4 % . . . 500.00 In dosed First National Bank of Champaign 45$ u 1897.71 U b * S?.Endowment Fund Total assets ;;:•••• (bigned) 115.00 $i782.7i JOSIE B. HOUCHRNS Treasurer S C H O L A R S H I P E N D O W M E N T FUND \ Financial report of the Trustees of the Katharine L. Sharp Scholarshin Fund, for the period from May 24, 1940 to June 6, 1941. ^noiarship During the period there have been no additions to the principal sum Earnings on investments were $414.23. ($100.00 of this was received after June 1st and is properly a part of the income for the coming year.) No change has been made in the investment of the funds of the Association during the interval. The eighth KL L. Sharp scholarship of $300 was paid to the University in June, 1941, for use during the year 1941-42. The resources at present in the hands of the Trustees of the fund are: 4 per cent stock certificate, Commercial Building & Loan Association, Urbana, Illinois $5,000.00 10 shares Union Pacific 4 per cent preferred 878.40 7 shares American Telephone and Telegraph 1,212.26 On deposit in Bowery Savings Bank, New York City 756.49 Total $7,847.15 Sources of this amount From life memberships and special contributions, including authorized advance of $5% from the general treasury in ^ „- _ • 1927 $ 6,115.50 $ 6,1 la.50 From interest collections 3,717.44 $ 414.23 ,£131.67 Less scholarships paid (2,100.02) (300.00) (2,400.02) Total $ 7,732.92 $114.23 $7,847.15 Respectfully submitted, (Signed) JOHN S. CLEAVINGER F o r the New York City, June 6, 1941 Trustees W I N D S O R P U B L I C A T I O N F U N D ACCOUNT 1940-41 Amount received from alumni s u b s c r i p t i o n s . . . . . . . . . . . . . — $3434.13 Invested in 21 shares American Telephone and lelegrapn -^ common stock *' \ ' # . $ 2.9A Balance Receipt! for 1941 ^ 47 25 u Dividend American Telephone and Te egraph ^ Dividend American Telephone and 1 elegrapn . ^ M 119.50 Gift Library Club 122.44 Illinoii) 1 , T lflWMt,L .. Amount invested in American Telephone and T e l e g r a p h . . . . . . . . . . . • 'I tal Assets 3431.19 _ Reported 1940 May 24,1940June 6,1941 Total to date •^
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