UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Booklet - UI Charter of Freedom (1942) [PAGE 6]

Caption: Booklet - UI Charter of Freedom (1942)
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5 that salary warrants in favor of petitioners Hodges and Johnson were being held by him "upon the request of the Attorney General" and would not be delivered until such time as the respondent Barrett "advised otherwise," and stated t h a t respondent Lueder, as Auditor of Public Accounts, "had no alternative but to comply with his (Attorney's General) wishes" in this behalf (Pet., pp. 23, 24) ; 7. That on August 13, 1942, the Chief Clerk in the office of the Auditor of Public Accounts informed the Chief Accountant of the University t h a t vouchers payable to petitioner Johnson "will be held in this office until we are notified to do otherwise by the Attorney General"; and on August 19, 1942, petitioner Johnson was advised by the Chief Clerk aforesaid t h a t the same rule would be applied in the case of vouchers drawn in favor of petitioner Hodges (Pet., pp. 26, 27 i ; 8. That the Board, as of June 30, 1941, held and administered in t r u s t as trustee loan funds aggregating approximately $359,000; t h a t on the same date and in the same capacity it held and administered endowment and t r u s t funds for other purposes approximating $1,378,000; and t h a t all such funds are held and administered, and for many years have been held and administered, by the Board in trust and as trustee for the furtherance of educational objects and purposes! for the benefit of its students and of the pe pie Of the State, in connection with and in furtherance of the operation of the University; that the Btud nt loan funds represent gifts from many individuals

In trust to be administered by the Hoard for the

h fit. of Students who are in need in order to Obtain an education; that the unusual character of the risk

the fad that loans are unsecured and ar often unavoidably for long terms, that sometimes eo-M ners