Caption: Board of Trustees Minutes - 1978
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494 BOARD OF TRUSTEES [Decembjer1 14 Date 11/15 11/15 11/15 11/16 11/18 11/18 11/18 11/18 11/21 11/22 11/29 11/29 11/29 Face Value Cost or or Number Yield of Shares Description (Percent) Amount % 88 054 First National Bank of Chicago 5 percent open-end time deposit 5.00%J 88 054 30 000 U.S. Treasury bills due 3/23/78 5.83 29 390 171 000 U.S. Treasury 6 percent notes due . 11/15/78 6.61 169 984 10 000 U.S. Treasury bills d u e 9 / 1 9 / 7 8 6.66 9 462 1 000 000 First National Bank of Springfield 6.65 percent certificate of deposit due 3/10/78 6 . 6 5 1 000 000 1 000 000 Liberty National Bank of Oklahoma City 6.95 percent certificate of deposit due 2/16/78 6.95 1 0 0 0 000 1 000 000 Mid-City National Bank 6.65 percent certificate of deposit due 2/16/78 6.65 1 000 000 145 000 U.S. Treasury bills due 10/17/78 6.87 136 335 213 782 First National Bank of Chicago 5 percent open-end timedeposit 5.00 213 782 500 000 First National Bank of Chicago 5 percent open-end time deposit 5.00 500 000 500 000 Bank of Illinois in Champaign 6V5 percent certificate of deposit due 2/10/78. . . 6.50 500 000 700 000 Palmer American 6.60 percent certificate of deposit due 3/17/78 6.60 700 000 5 000 U.S. Treasury 614 percent notes due 2/15/78 5.58 5 016 17 80 69 75 00 00 00 53 26 00 00 00 56 On motion of Mr. Livingston, tiiis report was approved as presented. SECRETARY'S REPORT The secretary presented for record appointments to the faculty and changes of status made by the president, resignations, and leaves of absence. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Howard called attention to the schedule of meetings for the first three months of 1978: January 18 (annual meeting), Urbana; February 15, Chicago Circle; March 15, Urbana. He also announced that an executive session had been requested and would be convened after the meeting to consider reports on pending litigation. RECESS AND EXECUTIVE SESSION Following a short recess, the board reconvened in executive session :&nd considered the following items of business: Litigation Initiated by Tyree Walker (18) A complaint has been filed (Case No. 77L 22059), by Tyree for injuries alleged to have been University of Illinois Hospital. It in t h e Circuit Court of Coolc County, Illinois Walker, a m i n o r , seeking recovery of damages suffered under anesthesia as a patient at the is alleged that the injuries were inflicted on
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