RESOLUTION ON JACOB HUGHES GRAVES, III
The Board of Trustees notes with regret the termination of the services of
JACOB HUGHES GRAVES, III
as a member of the Board of Trustees of the University of Kentucky on
June 30, 1973.
Mr. Graves was appointed a member of the Board by Governor Wendell HI.
Ford under legislation enacted by the 1972 General Assembly which changed
the structure of the Board by removing the three ex-officio members and
replacing them with appointive members. This same legislation also pro-
vided for an additional member of the Board, thus increasing its size
from eighteen to nineteen members. The legislation further provided that
the four new members should be appointed for staggered terms and Mr.
Graves' appointment was for a one year period only.
In spite of the brevity of his term, he made his presence felt and his advice
and counsel were most helpful and very valuable at all times. He was
supportive of the University and its programs and generous with his time
and talents. His knowledge of the world of finance made him a particularly
valuable member of the Investment Committee of the Board.
The Board of Trustees wishes to make it a matter of record that Mr.
Graves was a most valued member of this Board during his all too brief
tenure and that his contributions will be remembered with appreciation by
all those who served with him.
NOW, THEREFORE, BE IT RESOLVED that this Resolution be adopted,
spread upon the Minutes of the meeting, and a copy sent to Mr. Graves.