Minutes of the Meeting of the Board of Trustees of the University
of Kentucky, April 3, 1962.

          The Board of Trustees of the University of Kentucky met in the
President's Office on the campus of the University at 10:05 a.m., EST,
Tuesday, April 3, 1962, with the following members present: Dr. Ralph
J. Angelucci, Vice Chairman; Robert H. Hillenmeyer, Dr. H. B. Murray,
Smith D. Broadbent, Jr., Floyd H. Wright, Dr. Paul B. Hall, Dr. R. W.
Bushart, Clifford Smith, Sam Ezelle, Harper Gatton, Wendell Butler, Judge
James H. Sutherland and Thomas D. Clark; absent, Governor Bert Combs,
W.F. Foster, Emerson Beauchamp and Aubrey J. Brown..   President
Frank G. Dickey, Secretary Frank D. Peterson and Mr. Ed Fossett, Admin-
istrative Assistant to Governor Combs, also attended the meeting, as well
as the public and the press.

         A. Meeting Opened.

         Dr. Angelucci welcomed the press and public. He also introduced
Judge James Sutherland, newly appointed to the Board of Trustees, and wel-
comed him to the group. Judge Sutherland was appointed for a term of four
years from January 1, 1962, as a representative of the alumni of the Uni-

         Dr. Angelucci asked the Reverend Tom Fornash, Director of the
Wesley Foundation, to open the meeting with prayer.

         B. Minutes Approved as Published.

         Upon motion duly made, seconded and carried, the minutes of the
Board of Trustees of December 12, 1961; and the minutes of the Executive
Committee of February 9 and March 16, 1962, were approved as published.

         C. Financial Report.

         Mr. Peterson made the following' financial report for the period
July, 1961, through February, 1962: