Minutes of the Meeting of the Board of Trustees of the University of
Kentucky, September 21, 1954.


       The Board of Trustees of the University of Kentucky met in the Pres-
ident' s Office at 10:30 a m. , CST, with the following members present: Guy
A. Huguelet, Vice Chairman; Mrs. Paul G. Blazer, Carl Dempewolfe, Hern-
don J. Evans, J. Co Everett, Paul M. Basham, Ben S. Adams, R. P. Hobson,
M. W. Moore, Wendell P. Butler, Smith D. Broadbent, and Harper Gatton.
Absent: Governor Lawrence W. Wetherby, Thomas A. Ballantine, and Dr.
Ralph J. Angelucci. President H. L. Donovan and Secretary Frank D. Peter-
son were also present.



      A. Approval of Minutes.

      On motion duly made, seconded and carried, the minutes of the Board
of Trustees of June 1, 1954, and the minutes of the Executive Committee of
July 16, 1954, were approved as published.



      B. Report of the Comptroller.

      The Comptroller made the following financial report: