Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 618]

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SPECIAL MEETING OF THE BOARD OF TRUSTEES

OF THE

UNIVERSITY OF ILLINOIS'

May 15,1978

On call of the president of The Board of Trustees, a special meeting of The Board of Trustees of the University of Illinois was held in the Conference Room, Illinois Board of Higher Education, Fifth Floor, Reisch Building, 4 West Old Capitol Square, Springfield, Illinois, on Monday, May 15, 1978, beginning at 12:30 p.m. President George W. Howard III called the meeting to order. The following members of the board were present: Mr. William D. Forsyth, Jr., Mr. Ralph C. Hahn, Mr. George W. Howard III, Mr. Robert J. Lenz, Mr. Park Livingston, Mrs. Jane Hayes Rader, Mrs. Nina T. Shepherd. Mr. Earl Langdon Neal, Governor James R. Thompson, and Mr. Arthur R. Velasquez were absent. The following nonvoting student trustee was present: Miss Gretchen Winter, Chicago Circle campus. Miss Cathy Conlon, Medical Center campus, and Mr. Cornele Overstreet, UrbanaChampaign campus, were absent. Also present were President John E. Corbally; Mr. Robert N. Parker, associate vice president for financial affairs; and the officers of the board, Dr. Ronald W. Brady, comptroller (also vice president for administration for the University); Mr. James J. Costello, university counsel; and Dr. Earl W. Porter, secretary. Also present were representatives of the Continental Bank of Chicago and of the firms of Chapman and Cutler, A. G. Becker, and Meyer, Brown, and Piatt.

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The Bylaws of the Board of Trustees provide (in Article I, Section 2 ) : Special meetings may be called, whenever deemed necessary, by the president or any three members of the board, by giving at least twenty-four hours' notice thereof by mail. telegraph, or telephone to each member of the board. In such notice, the object and general character of the special business to be transacted at such meeting shall be stated.

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