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Part of Minutes of the University of Kentucky Board of Trustees

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Minutes of the Meeting of the Board of Trustees, University of Ken- tucky, for its regular quarterly meeting, Tuesday, April 4, 1922. The Board of Trustees of the University of TContucky met in regular quarterly session in the office of the President at the University on Tues- day, April'4, 1922, at the hour of 11:30 a. m. The following were present: Or. Colvin, Mr. Hanna, Mr. Hornsby, Senator Froman, Mr. Rash, Mr. Gordon, Judge Stoll, Mir. Wells, Mr. blIcIee, Mr. Lyle, and Mr. Johnston. President '~cVey and Wellington Patrick, Secretary of the Board were also present. The meeting was called to order by Judge Stoll who presided. (1) Approval of Minhtes. The minutes of the meeting of the Board of Trustees for December 13, 1921, were read and adopted. The minutes of the Executive Committee for all meetings hocld since December 13, were approved as published. (2) Report of the Business Agent. The report of the Business Agem was read and ordered incorporated in the minutes. The report was as follow : University of Kentucky Statement of Receipts and Disbursements from July 1, 1921 to March 31, 1922 and Estimated Receipts and Disbursements from April 1, 1922 to June 30, 1922. General Fund Receipts July 1, 1921 to March 31, 1922 ............ Estimated April 1, 1922 to June 30, 1922 State Tax ... .......................... Vocational Education Board. General Education Board ............... Special Agricultural Appropriation ..... Interest on Liberty Bonds .............. Social Hygiene Board ................ Government Student Fetes ................ Miscellaneous .......................... Expenditures July 1, 1921 to March 31, 1922 ........... Estimated April l, 1922 to June 30, 1922 Salaries .............................. Expense ................................ $629,543-75 35,000.00 14,000.00 ' 900.00 3,900.00 850.00 4,310..86 10,000.00 1,000.00 540,637.o08 110, 060. 00 30 ,00,00 Estimated %xcess of Receipts over Expenditures for 1921 - 1922 ,.. . 699,504.61 680,63 7. C ._18,867 r -