3.



     Statement of Receipts and Disbursements from July 1, 1 23
to March 31, 1924, and estimated Receipts and Disbursements from
April 1, 1924 to June 30, 1924.

                           General Fund



Receipts
   July 1, 1923 to MWrch 31, 1924-
   Estimated April 1, 1924 to June 30,
   State Tax
   Vocational Education Board
   General Education Board
   Special Agricultural Appropriation
   Interest on Liberty Bonds
   Veterans Bureau
   University Extension
   Miscellaneous



Expenditures
   July 1, 1923 to March 31, 1924
   Estimated April 1, 1924 to June 30,
   Salaries
   Expense
   Basketball Building

Estimated excess of Expenditures over
  Receipts for 1923-1924



$531, 387.27
1924
    V ,00a. 00
    12,000.00
       900.00
    14,216.09
       850.00
     1,000.00
     2,500.00
     1,500.00



   431,907.86
1924
   112,500.00
   36,000.00
   20,000.00



600,353.36



600,407.86



54.50



     2. Funds. On motion by Mr. Gordon, seconded and adopted,
the chairman of the Executive Committee and the Business Agent.,
were authorized to borrow for and on behalf of the University,
at one time or from time to time as may be necessary, not to
exceed $150,000, between now and June 30, 1924, for the purpose
of meeting the current expenses of the Institution.

     3. Insurance on the Patterson Library.   A communication
from Professor Walter K. Patterson was read, suggesting that ttZ
amount of insurance on the Patterson Library be increased.    On
motion by Mr. Ingsls, duly seconded, the matter was left to the
President and Business Agent with instructions to use their dis-
cretion on the amount of insurance to be carried on the library.

     4. The Patterson Residence.   On motion by Mr. Gordon,
seconded and adopted, the Secretary of the Board was directed to
notify Professor Walter K. Patterson that the University will need
the house in which he lives after July 1, 1924 for institutional
purposes, and to ask him to vacate the premises by that time.
The Secretary was further instructed to explain to Professor
Patterson that the crowded situation at the University makes it
imperative that the house be taken over as a woman's building,