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Caption: Board of Trustees Minutes - 1978
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638 BOARD OF TRUSTEES [June 21 INTRODUCTIONS President Howard introduced two former trustees and presidents of the Board of Trustees, Messrs. Earl M . Hughes a n d Timothy W. Swain, both of whom were present to receive the designation trustee emeritus. H e also recognized the three newly chosen nonvoting student trustees from each of the campuses who were present as observers. NONVOTING STUDENT TRUSTEES FOR 1978-79 T h e secretary presented a report on the selection of these trustees summarized as follows: Chicago Circle Campus T h e election was held on May 3 and 4, 1978, with Venus D. Kooper, a junior in the College of Liberal Arts and Sciences, receiving the largest vote tally of the five candidates on the ballot. T h e total number of votes cast was 1,127. Medical Center Campus T h e Executive Student Council has selected Mr. Paul Alan Sobotka, a junior in the College of Medicine. Urbana-Champaign Campus T h e election was held on April 18, 19, and 20, 1978, with Mr. Charles S. Watson, a fourth-year student in the College of Commerce and Business Administration, receiving the largest vote tally of the five candidates. T h e total number of votes cast was 2,351. BUSINESS PRESENTED BY THE PRESIDENT OF THE UNIVERSITY President's Reports President Corbally presented a report on selected topics of current interest, copies of which were distributed at the meeting, and a copy was filed with the secretary of the board. Report on the Implementation of Board Policy Related to South African Investments On September 21, 1977, the Board of Trustees approved a course of action with regard to the voting of proxies having shareholder proposals related to South Africa. The board has publicly expressed its opposition to all corporate activity that supports or furthers the policy of apartheid. During the recent "proxy season," the University supported shareholder proposals related to South Africa at five corporations: Bankamerica, Citicorp, Minnesota Mining and Manufacturing, J. P. Morgan, and Texaco. A report on these proposals follows: Bankamerica On April 25, 1978, the stockholders of Bankamerica met and, among other matters, considered a Shareholder's Proposal concerning South Africa, Item No. 5,
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