Minutes of the Meeting of the Executive Committee of the University
of Kentucky, October 16, 1959.


        The Executive Committee of the University of Kentucky met in the Pres-
ident' s Office on the campus of the University at 9:40 a. m., CST ( 10:40 CDT),
Friday, October 16, 1959, with the following members present: R. P. Hobson,
Chairman; Dr. Ralph J. Angelucci, J. Stephen Watkins, Wood Hannah, Sr., and
Harper Gatton.  President Frank G. Dickey and Secretary Frank D. Peterson
were present.


        A. Approval of Minutes.

        Upon motion duly made, seconded and carried, the minutes of the Execu-
tive Committee of August 14, 1959, were approved as published.



        B. Treasurer' s Report.

        The interim financial report for the three-months period ended Septem-
ber 30, 1959, was made.  The Current General Fund operations for the period
reflect income for educational and general purposes in the amount of $6, 947, 533. 02,
or 48. 7% of the budget estimate of $14, 264, 613. 10. The expenditures and encum-
brances amounted to $3, 532, 132. 90. This represents 24. 9% of the total Current
General Fund appropriations of $14,187, 211. 45.

        The balance sheets were examined and, Committee members being
advised, upon motion duly made, seconded and carried, the financial report was
received and ordered filed.



        C. Purchases Approved.

        Mr. Peterson reported purchases made from April 1, 1959, to and in-
cluding June 30, 1959, and from July 1, 1959, through September 30, 1959. These
purchases represented merchandise, supplies, materials and other items for the
use and benefit of the University of Kentucky and were evidenced by the following
documents:


        S. D. Orders -Inclusive 72-85
        State Requisitions -Inclusive 970-1263
        Emergencies, State        -Inclusive 612-821
        Special Orders ----------------    Inclusive 5644-6799
        Job Order Vouchers ---------I--- inclusive 10569-11009
        Stores Vouchers   -     -Inclusive 612-1141
        Vouchers     -      -Inclusive 17129-19334
        Order by letters --   --------------- Inclusive 1095-1161
        Athletic Orders  ---     -Inclusive 112-165