Minutes of the regular quarterly meeting of the board1
of Trustees, University of Kentucky, for Monday, April 18, 1932.


     The Board of Trustees of the University of Kentucky met in
regular quarterly session in the President's office at the Uni--
versity on Monday, April 18, 1932, at 10:30 a. m.    The follow-
ing memifbers were present:  Dr. W. W. Wash, Mr. Louis E. Hillen-
meyer, Mr. Robert G. Gordon, Mr. J. B. Andrews, Mr. James Park,
Judge Richard C. Stoll, Mr. E. B. Webb, and Mr. J. R. Rash*
Meeting with the Board were Frank L. McVey, President of the Uni-
versity, and Wellington Patrick, Secretary of the Board.

     The minutes of the meeting of the Board for the month of
December, 1931, and the minutes of the Executive Committee for
January, Febmuary ald March, 1932, were all approved as published.

     (1) Report of the Business Agent.  The report of the Business
Agent for the month of March was presented and a motion was made,
seconded and carried that the report be entered in the minutes.
The report was as follows:



                                                EXHIBIT "B"



  Current
  Month





14,390.69



State of Income and Expenditures
        Month of March 1932



                            Previously
                            Reported


General Fund Income
Federal Apprtpriation   42,750.00
Vocational Ed. Bd.        5,879.62
State Tax               761,768.42
  Int. on Liberty Loan
  Bonds                      850.00
  Int. on Endowment Bonds  8,644.50
  Student Fees            146,373.88
  Student Fees - SumS.ch. 46,861.90
  Student Fees - U.H.S.   10,180.00
  Student Fees - El.Tr.Sch.ll,871.05
  Student Fees - Un. Ext.  20,918.63
  Misc. Receipts           18,596.13
  Special Agr. Appro.       2,253,26
  Rentals                   2,590.40
  Men's Dormitories        17 395.74
              Total     1,096,933.53



  Riscal
  Year
  To Date



42, 750.00
  5,879.62
776,159.11



                85QQ00
              8,644.50
1, 683.96  148, 057.84
             46,861690
    30.00   l0,210.00
1,165.00   13,036.05
4,226.99   25,145.62
1,979.20   20,575.33
              2,253.26
    246,50   2,836.90
    219.75   17.615.49
23 942.09 L,120,875.62