Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 596]

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1976]

UNIVERSITY OF ILLINOIS

585

Amount 000 000 00 300 000 00 500 000 00 100 000 00

Face Value or Number Yield Date of Shares Security (Percent) 2/20 $1 000 000 00 Continental Illinois National Bank 5 percent time deposit due 4/15/76.. 5.00 $1 2/20 300 000 00 Bank of Illinois in Normal 6 percent certificate of deposit due 5/20/76.. 6.00 2/26 500 000 00 First National Bank of Chicago 4.70 percent certificate of deposit due 3/29/76 4.70 2/27 1 100 000 00 Wells Fargo 5.25 percent certificate of deposit due 6/28/76 5.25 1 This report was received for record. SECRETARY'S REPORT

T h e Secretary presented for record appointments to the faculty and changes of status made by the President; resignations and a termination; leaves of absence and changes in sabbatical leaves of absence; 1 and retirements. A copy of the report is filed with the Secretary. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Neal called attention to the schedule of regular meetings for the next four months: April 14, Dixon Springs Agricultural Center, Simpson, Illinois; May 19, U r b a n a ; J u n e 16, Medical Center; July 2 1 , Chicago Circle. H e also announced that an executive session had been requested (1) to consider information regarding an appointment and (2) to receive a report concerning pending litigation. At this point, Professor H . G. Haile of the Department of Germanic Languages and Literatures at U r b a n a rose to ask that the consideration of information with regard to an appointment be conducted in open session because, in his view and that of a number of professors in the Department of Germanic Languages and Literatures, the subject involved general University policy and the University Statutes, rather than a specific personnel matter. President Corbally stated that there was no general policy matter before the Board and that he had no recommendation with regard to general policy to present to the Board. He stated that the Chancellor had information to report concerning an appointment and that, at the President's request, he had invited members of the Department of Germanic Languages and Literatures to attend the executive session to comment upon that report. Following a general colloquy on this subject, Mr. Haile agreed that he and his colleagues would remain to present their views in an executive session.

1 At Chicago Circle: Robert Hall, Professor of Anthropology, change in sabbatical leave of absence from winter and spring quarters 1975-76, three-fourths pay, to winter quarter 1975-76, full pay. Marshall L. Silver, Associate Professor of Applied Soil Mechanics in Materials Engineering, change in sabbatical leave of absence from academic year 1975-76, one-half pay, to fall and winter quarters 1975-76, three-fourths pay.