sitions drawn of the var elos accounts set out in the Frnnaal
budget, or such additional as may be ordered by the Execu-
tive Committee or the Board of Trustees. and shall make all
purchases for the University.

     He shall audit all accounts of the various derartnents
and shall see that a proper financial statement is rendered
monthly, and an annual statement at the end of the fiscal
year, and have copies of each as made sent to each member of
the Board of Trustees.

     Upon motion made seconded and carried the following res-
olution was adopted.

     BE IT RESOLVED by the Executive Committes of State
University Lexington. Ky. as follows:

I.    All articles and matters proposed to be published in
any bulletin magazine or other publication of whatsoever
character published or purporting to be published by any
department of the University, or by any student or students
thereof shall, before publication be submittei to the dean
of such department, and until expressly approved by such dean
such article or matter shall not be published and such dean
shall be responsible to this Committee for all articles or
matter appearing in any such publication.

2.    All articles and matters proposed to be published in
any bulletin, magazine or other publication of whatsoever
character published or purporting to be published by the
University as a whole or by the students of the University
as a whole ( the publication known as the "Idea" and other
similar publications shall be included herein) shall before
such publication be submitted to the President of the Univer-
sity for his aprroval, and unless expressly approved by him
such articles or matter shall not be published.

3.    A copy of this resolution shall be sent to the dean of
each department of this University and to the editors of all
publications in the University.

     Upon motion made and carried Mr. C. B. Nichols, as Chair-
man of the Entecutile Committee of this University, is hereby
authorized on behalf of the Universit-!, and under the seal of
the Trustees of the Peabody Fund, and the obligation to be
informed satisfactory to the Peabody Fund Trustee. This to
take place of the order made on June 4th 1913.

     The note to be executed as of dat; July 1st, 1912, and
to be in the following form.

$40, 000,00
                                Lexington, Ky. Julyl, 1912

     Five years after date the State University of Kentucky
agrees and promises to pay to Younger Alexander, T. L. Edelen,
and W. H. Cox, Trustees of the Peabody Fund, or their
successors in office, who have been so desi,,-nated by the