Minutes of the Meeting of the Board of Trustees, University of
Kentucky, September 18, 1945.

     The Board of Trustees of the University of Kentucky met in the
President's Office at O120 a.m.; Tuesdays September 18, 1945.    The
following members were present: Governor S. S. i1lis, Judge Richard-
C. Stoll# John Fred Williams, H. S. Cleveland, R. P. Hobsor, Mrs*
Paul Go Blazer, Harper Gatton, H. D. Palmore, T. H. Cutler, J6 C.
Everett, and Grover Creech.   President H. L. Donovan and Comptroller
Frank D. Peterson, Secretary of the Board, were also present.


     A. Approval of Minutes.

     The minutes of the Board of Trustees of July 24, 1945, and the
minutes of the Executive Committee of August 2 were approved as pub-
lished.


     B. M.~ Robert Tway Ill.

     Mr. R. P. Hobson reported that Mr. Robert Tway, a very faithful
Board member, is ill and unable to attend this meeting.- The Board
expressed its regrets, and its good wishes for his speedy recovery.


     C. Report of the Comptroller.

     The Comptroller submitted a complete financial report of opera-
tions for July and August of all funds, restricted and agency ac-
counts, He read the following analysis of the report.