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Caption: Board of Trustees Minutes - 1974 Version B
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380 BOARD OF TRUSTEES [October 17 Section 6 of the Illinois Public Accounting Act provides that the members of the Board of Examiners "shall receive reasonable compensation to be determined by the University for the time actually expended in pursuance of the duties imposed upon them by this Act " Since 1964, the stipend has been set at the level of $500 per each examination. In the performance of these duties and responsibilities, the chairman of the Board of Examiners, who prepares the reports of each examination and directs the operations of the Board, spends a total of fifty hours in the performance of his duties. Each of the other members of the Board spends thirty hours upon each examination. The Committee on Accountancy now recommends that the compensation be adjusted as indicated. It is the Committee's view that, although the proposed stipends still fall short of adequate compensatory rates on a commercial basis, the amounts will be more nearly in accord with the statutory standards of "reasonable compensation" than is now provided in Rule 5. The recommended adjustment is adequately covered by the projected budget of fees which will be received from the candidates sitting for future examinations. The recommended revision of Rule S would be effective beginning with the November, 1973 examination, I recommend approval. O n motion of M r . H a h n , this recommendation was approved. ADVISORY COMMITTEE FOR T H E COLLEGE O F PHARMACY, MEDICAL CENTER (3) The Chancellor at the Medical Center campus has recommended the following appointments to the Advisory Committee for the College of Pharmacy for threeyear terms ending June 30, 1976: ERNEST LAQUATTE, Community Pharmacist, LaQuatte Drug Company, Herrin MYRON NEWMAN, Community Pharmacist, Newman Pharmacy, Inc., Chicago LAWRENCE WOJCIK, Hospital Pharmacist, South Shore Hospital, Chicago Ex officio members for 1973-74 are: DANIEL A. NONA, Chicago (Chairman, State of Illinois Board of Pharmacy) JOHN BARLOW, Sullivan and Lovington (President, Illinois Pharmaceutical Association) WALTER OBERMEYER, Quincy (Chairman, Illinois Council of Hospital Pharmacists) I recommend approval. O n motion of M r . Forsyth, these appointments were approved. COLLEGE O F C O M M E R C E A N D BUSINESS ADMINISTRATION ADVISORY C O M M I T T E E , URBANA (4) The Dean of the College of Commerce and Business Administration at Urbana-Champaign has recommended to the Chancellor the following new appointments and reappointments to the Advisory Committee for the College, the terms to expire at the times indicated. New Appointments Terms to Expire August 31,1975 A. C. BUEHLER, JR., Chairman and President, Victor Comptometer Corporation, Chicago CHARLES G. STEELE, Partner in Charge, Haskins & Sells, Chicago (To fill the unexpired term of Arthur E. Schwertfeger) Terms to Expire August 31,1976 L. WILLIAM BALLARD, Regional Vice President, General Electric Company, Chicago HARRY S. BROWN, Treasurer, Rand McNally & Company, Chicago WALTER H. CLARK^ Senior Vice President, First Federal Savings and Loan Association of Chicago, Chicago LEWIS H. CLAUSEN, President, The Champaign National Bank, Champaign
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