xt78cz322n5s https://nyx.uky.edu/dips/xt78cz322n5s/data/mets.xml Lexington, Kentucky University of Kentucky 19400310 minutes English University of Kentucky Contact the Special Collections Research Center for information regarding rights and use of this collection. Minutes of the University of Kentucky Board of Trustees Minutes of the University of Kentucky Board of Trustees, 1940-03-may10-ec. text Minutes of the University of Kentucky Board of Trustees, 1940-03-may10-ec. 1940 2011 true xt78cz322n5s section xt78cz322n5s 










     Minutes of the Regular Meeting of the Executive Conmmittee of
the Board of Trustecs of the UnivorsIty of Kentucky, Mday 10, 1940,


     The Executive Committee of the Board of Trustees of the Universi-
ty of Kentucky met in President McVey's office at the University
Friday, May 101 1940, at 1:50 p.m.   The members of the Cormm;ittee
present were Judg'e Richard C. Stoll, Chairman; James Park, H. S.
Cleveland, Robert P. Hobson and Lee Kirkpatrick.   President Frank
L. McVey and D. H. Peak, Secretary of the Board, were present.


     1, Board Membership.

     It was announced that Governor Johnson had reappointed Harper
Gatton and John S. Cooper members at large of the Board, and had re-
appointed James Park as alumni member of the Board.

              Memorandum concerning appointments and terms
              of Lembcrs of the Board of Trustees, IMsy 10,
              1940.

     The ex-officio members who serve during their terms of office
           are Governor Keen Johnson; Superintendent of Public I 11
           struction J. W. Brooker, and Commissioner of Agricul-
           ture, W. H. May.

    The members from the State Board of Agriculture are:

           John C. Newcomb, 1940
           D. D. Stewart, 1942
           H. S. Cleveland, 1944


     The members at large, appointed from the State as a whole,
           arc:

           Richard C. Stoll, Lexington, 1942
           Robert P. Hobson, Louisvillo, 1942
           Mirs. Paul G. Blazer, Ashland, 1944
           Lee 'Kirkpatrick, Paris, 1944
           John S. Cooper, Somerset, 1946
           Harper Patton, M.adisonville, 1946

    Alumni members appointed for a torm of six years are:
           Louis }illenmcycr, Lexington, 1942
           1Karshall Barnes, Beaver D.m, 1944
           James Park, Lexington, 1946,




 





P.



     2. Member of Council of Highor Education.

     On motion and second, the appointment of lrs. Paul G. Blazer
as a mer.mber of the Council of Higher Education, representing the
University of Kentucky, to succeed Louis Hillenmeyer, resigned, 'vas
approved and ordered.

     3. Ap-proval of Minutes.

     The minutes of the mceting of the Executive Committeo of Febru-
ary 8, 1940, were approved as published.


     4. Financial Report.

     The Business Agent filed financial reports for months of M,.arch,
and April, respectively, 1940.   The reports bein, cumulative, the
report for April was ordered recorded in the rminutes, The report
reads as follows:




                                                          EXHIBIT "B"



Statement of Income and Expenditures
        Month of April 1940



Praviously
R.-portod



Current
I7Io n t.h



Fiscal
Year
t.o Date



General Fund Incorme
  Fod.Appro.-Morrill-Nelson   42,750.00
  Vocational Ed. Board        24,464.78
  Fed. Appro .-Bankhead-Jones  32,934.93
  State Ap-,pro._Sumaor School  8,000.00
  Special Agr. Appro.         13,000.00
  State Appro._-General      568,799.54
  Bldg.Revenue Bond & Op.Fund 65,116.01
  Bldg.'Rcvonue & Op. Fund-1938 7,610.00
  State Appro.-Rcpairs to
       Bldgs.                  8,850.64
  Int. on Peabody Endowment      500.00
  Student Fees               201,032.28
  Student Fees - Sumn. Sch.   62,, 797.2
  Student Fees - UHS           9,836.00
  Student Foos - El.Tr.Sch.    6,925.00
  Student Fees - Univ. Exten. 10,492.67
  Miscellaneous Recoipts      10s823.02
  Athletics
  Rentals                      1,420.00
  Meonts Dormitories          18,179.23
  EniAnooring Ecuiprmont      43, 886. 21



5,258.50
5,751.64

2,"000.00
69, 550.88
  379.00
  1,942.00



  6,141.93

  330.00
  390.00
  763.25
  1,625.85
40,570.64
   195.00
 1,294.85
 8t,5.69.72



5



42,750.00
29,723.28
38,586.57
  3,000.00
20,000.00
638,s50.42
65,495.01
19,552.00

  a,850.64
    500.00
207,174.21
62,797.25
30,166.00
  7,315.00
  11,255.92
  12,448.87
  40,370.64
  1,615.00
  19,474,08
  52,455.93




 






3.



  Scientific and Laboratory
     Equipmont                60,000.00
 Library Equipment            11,023.88
 Interest on Land Grant Bonds 1,198.83
                Total      1,224,640.27

Expenditurcs
  Instruction                 757,575.56
  Adm.,Expense & Maintenance 383,187.82
  Addltions and Betterr.ments  47,744.35
          Total             1,188.507.73



1,861.82
3,123.42
149.548.50


91,773.95
34,304.86
10,109,75
136.188.56



  60,000.00
  12,885.70
    4,22.25
1.,374. 188.77


  848,349.51
  417,492.68
  57,854.10-
1.324.696.29



Excess of Income over
    Expenditures



36.132.54



13,359.94    494.-92.48



Patterson Hall Income
  Board
  Miscellaneous
  Room Rent - Sumner School
         Total



  65,961.20
        6.60
   1,147.08
- 67,114.38



Expenditures
Expense
Additions and Betterments
         Total
 Excess of Income over Ex-
        penditures
General Fund Income         1 2 
General Fund Expenditures   1,2
Excess of General Fund Income
     over Expenditures



13,952.55
L7, 457. 12
61. 409.67

5.705,21
!91,765515
149,917.40

11,837.75



8,807.03
     15.00
 8.822.03 -

 10,525.44
168,925.69
145,010.59

23,915.10



52,759.58
17,472.12
70,231.70



  16,,230.65
1.460.680.84
1.394.927.99

   65,752.85



Experiment Station Income
  Hatch - Federal Appro.
  I'Milk and Butter - Cash Rec.
  Beef Cattle Sales
  Dairy Cattle Sales
  Sheep Sales
  Swine Sales
  Poultry Sales
  Farm Produce Sales
  Horticultural Sales
  Seed Test
  Seed Inspection
  Rentals
  Miscellaneous
  Fertilizer - Fees
  Public Service - State App.
  Public Service - Misc.
  Feeding Stuffs - Fees
  Ada,ns - Federal Appro.
  Serum - Sales
  Serum - Virus Sales
  Serun   Live Stock Sales
  Serum - Supplies



  11,250.00
  9s537.13
     937.50
   1,258.43
   1,217.88
   2,032.38
   2,302.38
   2,460.73
   1,143.58
   1,451.18
   22,631.27
   5,297.45
     606.60
  34pl18.27
'o.13,836.36
      60.00
  52,833.88
  11,250.00
  10121.37
      30.35
      104.35
      37.30



3,750.00
1,045.54

   71.20


   181.14
   96.59
     .50
     7.00
1,503.58
  119.67
  16.86
9,491.25
1,682.641

5, 439.50
3,750.00
   92.25
   1.95



15,000.00
10,582.67
   937.50
 1,329.63
 1,217.88
 2,032.38
 2,483.52
 2,557.32
 1,144.08
 1,458.18
 24,134,85
 5,417.12
   623.46
43,609.52
15,519.00
    60.00
58,273.38
15,000.00
1,213.62
    32,30
    104.35
    37.80



19,302.04
    75.15

19,377.19



85,263.24
    81.75
 1,147.08
 86.492.07




 






4.



  Serum - Miscellaneous            2G0.30
  Horticultural Aopro.          5,5905.46
  State Appropriation          36,726.18
  Creamery - License Fees       8,598.50
  Creamery - Testers Licenses   3,107.02
  Creamiery - Glassware Tested     -4103.97
  Creamery - Miscellaneous          13.63
  Robinson - State Appro.       9,432.34
  Robinson - Mlsc. Receipts     2,891.1
  West Ky. ,-State Appro.      10,538.83
  West Ky. - aisc. Receipts     5,424.92
  Purnell - Federal Appro.     45,000.00
  Bankhead-Jones - Fed.Appro.  59,203.53
  Nursery Inspection - State
     Appro.                    1,500.00
 Nursery Inspection - Fees    192.
      Total                  _o6 6,0210.03_

Expenditures
Expense                     309,43a4.15
Additions and Betterments _5 02     89
      Total                   3141.767.04
  Excess of Income ovcr Ex-
     panditures               51, 44-i2. 99



     1.87
   959.73
 3, 952.74
    50.00
    39.00
    5.4. 7--

 1 s 363.68
    195.49
 1,078.33
    5441.01
15,000.00
19,734.51

    100.00
    100. 00
-7-0. 423,5. 37


39,800.41
    596.362
 iO 397. 03

 30 b02S6.34



    22.17
 6,865.19
 40,678.92
 8,643.50
 3,146.02
   458. 31
   13.68
10,796.02
3,086.90
11,617.16
5,968.93
60,000.00
78,938.04

  1,600.00
  2.025.00
436,633.40$


349,284.56
  5,B79,51
355 *164.07

81,469,33



Extension Division Income
Federal - Bankhoad-Jones
Federal - Smith-Lever
Federal - Capper-Ketchara
State Smrith-Lever
  County and Other
      Total



Expenditures
  Expense
  Excess of Income over
     penditures



443,610.37
148, 308.76
  36, 800. 97
  90,000.00
  17,002.45
735.7O3.05



560,4L8.36

174,874.69



9,988.50
4,926. 30
14,914.80



(48-. 371. 52-)



443 , 610.87
148,308.76
36,800.97
99,988.50
21,928.75
750. 637.85



624.133.68

126.504.17



Trust Fund Income
Student Loan Fund
  Student Notes Paid
       Total Receipts

Expenditures
  Expense
  Student Notes
       Total Expenditures



Excess of Receipts over Ex-
     penditures



1,264.37
21349.48
3 6)13.85



  872.13
,,,820.00
1.O92,13



34.66
220.97
255.63



21.50

71.50



19299.03
2 .570.45
3,869,48


   893.63
   870.00
 1,763.63



184. 13



Ex_




 







5.



Summary
  General Fund Income       1,291,755.15
  Experiment Station Incor~e  366,210.03
  Extension Division Incorae  735,723.05
  Trust Fund Incorie           1,264.37
           Total            2,394,952.60

  General Fund Expenditures 1,249,917.40
  Experiment Station Expend.  314,767.04
  Extension Div. Expend.      560,848.36
  Trust Fund Expenditures         872.13
           Total            2,126,404.93



168,925.69
70,423,37
14,914.80
     34.66
254,298.52

145,010.59
40,397.03
63,235*5.32
     21.50
248,714-.44



1,460,680.84
  436,633,40
  750,637.85
    1.299,03
2,649 .251,12

1,394,927.99
  355,164.07
  624,133.68
      893.63
2.375.119.37



Excess of Income over Ex-
        penditures



268,547.67



5,5q4.08



274$131.75



    5. Requisition Committee Rfefort.

    The ?.equisition CoarAittee filed. written reoort of its action
each week frori January 25 to L,,-ay 1, 1910.  The report showed orders
made by the Business Office on authority of the Requisition Comm.iittee
in the manner proscribed by the Board of Trustees and State Laws,
running f rom No. 6296 to 9512.  The roport was excumined and, on mo-
tion and second, the orders named therein were ratified and approved
and payments on said orders were authorized and approved.   The
following budget additions were approved: Buildings and Groundst
Mer.morial Hall B aer.lent, $43.00; Chei-stry Building, p355.00; Pence
Hal1, laboratory, p85.00: Stenographic Bureau, repairing typewriters,
*$24. 00.


     6. Audit of University Accounts.

     The Business A-;ent stated that he riadle requisition to the State
Department of Finance, Division of Purchases, for detailed audit of
University accounts for year 1938-1939, subr.mittin-, terewith a copy
of the minutes and resclution passed at the iApril 1940 meeting of
the Board of Trustees (See Sec. 10).   On that resolution, the State
Division of Purchases issued contract No. C. T. 70o0, which reads as
f ollOw-s:




 






6.



              To:
              Auditing Business Office Accounts, Uni-
              versity of Kentucky, for year, July 1,
              1938, to June 30, 1939.                     $1350.00


              No overage will be accepted for payment
              on this Contract,

    On May 6, 1940, W. J. Ferguson and hids assistant, L. W. Sieke-
meyer, representing Peat, Marwick, Mitchell and Company, began
work on the audit, by authority of the following letter:



                 PEAT, 1ARWICK, MITCHELL & CO.



                                        May 4, 1940

          University of Kentucky
               Lexington, Kentucky

          Gentlemen:
                     This will serve to introduce to you
          IMr. W. J. Ferguson, who will, on our behalf,
          undertake an examination of the accounts of
          the University for the year ended June 30, 1939.

                    MIr. Ferguson's signature follows
          for the purpose of identification,

                                  Yours very truly,'

                                  PEAT, EARWICK, MITCHELL & CO.

                       (Signed)   By C. 11. White
                                                 Manager
          Mr. Ferguson's signature

(Signed)  W. J. Ferguson




 




7.



     7. Campus Book Store Report.

     The Business Agent filed the report of the Campus Book Store
f or period of July 1, to Decermber 31, 1939.  It was ordered in-
serted in the minutes:


                  July 1939           Docernber 1939



July - - -

August - -

Soptenber

October -

Nover:.ber -

December -



COMMISSION APPLIED

Gross Sales Commission  
                          at 7-h  

Exemptions and deductions ---

          Dr.F. T. 1,M'cFarland  - --

          Dr. M. M. White

          Dr. W. S. Webb        

          Dr. W. W. Jennings    - - -

          Carl Fischer Company - - -

          Prof. Lawrence Yates - _ -

          Dr. Harry Best

          Dept. of Physics       
          Law Companies        



$ 4,352.06

  1,062.73

  35,168.57

  12,844.63

  3,727.70

  22315.418

$59,471.17



$4 460.33



_- $6.75

- - 48.54

- - 7.05

- - 3.05

- - 6.04

- - 89.50

- - 4.32

- - 19.26
- - 37.96



Central Scientific Co. - - - - 86.24



Charge f'or Handling Requisition Supplies

Septefiber 1937 to January 1, 1940

Net Return to the University



  1,374.33
$ 3,086,00




 





8.



     The Business Agent, who is chairman of the Campus Book Store
Committee, then made a report of the operations of the Book Store
from the beginning of the lease of Jamles Morris to December 31,1939.
This report shows successful operation of store that has been most
satisfactory to the Campus Book Store Committee. A copy of the re-
port appears in the appendix to these minutes.

     At a meeting of the Campus Book Store Committee held in Presi-
dent McVey's office April 5, 1940, the following resolution was
passed:

          It was moved by Dean Jones and secombd by Dean
     W. E. Freeman that the committee recommend to the board
     of trustees of the University of Kentucky that the con-
     tract with Mr. James E. Morris be renewed for three years
     under the same conditions under which he is operating at
     the present.   The motion was carried and recorded in the
     minutes,

     The Executive Committee, on motion seconded and carried, ordered
that the contract of the University of Kentucky with Mr. James Mor-
ris, for operation of the Campus Book Store, be renewed for a period
of three years from date of expiration, January 1, 1941, on same
terms and conditions as those in the present contract,

     8. College Catering Company

     The Business Agent reported that he had received from the Col-
lege Catering Company a statement giving details of its operation
and showing financial status.   It was ordered that a copy of the
statement lie sent to each member of the Board of Trustees, and con-
siderAition was deferred to the next meeting of the Board of Trustees,


     9. Greater Kentucky Campaign Fund,

     The Business Agent produced a copy of a report on Greater Ken-
tucky Campaign Fund, dated December 15, 1931, and made the following
statement:

          There have been no receipts and disbursements
       since the report made to the Board on December 15,
       1931.   The balance, $121.08, was held pending
       further expense, but no expense has been incurred.
       The distribution of this balance, if made according
       to agreement, would be as follows:

                    Student Loan Fund      $17.89
                    Pat'erson Memorial Fund 17.89
                    Balance that may be
                      applied to Memorial
                      Building notes        85.30

                                           $121.08




 




9.



    On motion and second, the balance in the account was ordered
distributed as shown in the statement presented, the amount of
285.30 due the University of Kentucky to be paid on the Alumni Asso-
ciation note, endorsed by the Athletic Association and the Univcrsi-
ty, payable to the First National Bank and Trust Company of Lexirg-
ton, Ky.


     10. Organizations Fund Audit.

     The Business Agent presented a copy of an audit of the Organiza-
tions Fund account from March, 1938, the beginning of the fund ac-
counting, to July 1, 1939, the audit being made by John W. Good,
accountant.   There are 83 accounts carried on the books, which, for
the period of the audit, have totaled $152,448.34 in deposits and
ql33,109.08 in disbursements, leaving balance as of July 1, 1939,
$19,339.76.

    Balance Sheet:
                       ORGANIZATIONS FUND
                         Balance Sheet
                         June 30,1939


        Assets:                              Accountabilities:

  Cash                 $3,962.96   Organizantion Accounts
  Accrued Interest        225.00     (net balances)      $19,339.76
  Advances                252.55   Fund Surplus              237.55
  Investment Account   15,000.00
  Office Equipment        136. 80

                      1 9.577.3l                         $19,577.31



   Income and Expense:

   Income:
   HaL.ndling Charges                   $452.26
   Interest
       Received              $180.00
       Accrued                225.00      405.00       $857,26

  Exp~ensel
  Wages                                  400.00
  Postage                                 25.00
  Printing                               124.50
  Insurance                               10.00
  Office Supplies                         10.93
  Equipment (1/5 cost)                    34t.20
  Miscellaneous                           15.08          619.71
Excess of Income over Expense                            $237, 55




 





10.



   Report of Accountant:


   Mr. D. H. Peak, Business Agent
   University of Kentucky

   Dear Mr. Peak:

                  I have completed an audit of the records of
    the Organizations Fund of the University of Kentucky for
    the period beginning in March, 1938, and ending June 30,
    1939.

                  A detailed audit was not miade, but sufficient
    check on all portions of the records was made to clearly
    indicate their accuracy. It is my beliof that the follow-
    ing report accurately presents the balances of the various
    organizations on hand at the end of the period, and the
    transactions of the general Fund accounts for this period.

                  Items of Income and Expense applicable to
    the Fund in general are shown in an account termed "Organ-
    ization Fund Expense".  I have transferred $171.00, repre-
    senting cost of an adding machine, from this account to
    a separate asset account to be written off over a period
    of five years.

                   The records appear to have been very well
    kept and I am completely satisfied as to their accuracy.

                                     Yours sincerely,

                                       (Signed) John W. Crood.


    11. Investments.

    The Bankers Bond Company, Louisville, Ky., made the following
suggestion of investment, dated May 9, 1940;

         We own and offer, subject to prior sale -- $10,000
     CITY OF LOUISVILLE STREET IMPROVEMUENT 6% bonds due to
     1941-49 inclusive, at 105 to yield approximately 5% to
     maturity.   The City of Louisville has outstanding ap-
     proximately 8300,000 of this type of bond on which there
     are tax collections of 99,T%.   The tax delinquency is
     less than $800.   This is a remarkable record consider-
     ing the amount of bonds outstanding and also the fact
     that the first issue of this type of bond has been
     outstanding more than five years.


     On motion, seconded and carried, it was ordered that the City
of Louisville Street Improvement Bonds be purchased, in amount of
$100,000,0C, face value.   The investment is to be made from Student
Loan Fund.




 





11.



    12. Smith Hall Lease.

    The Business Agent filed following request for renewal of lease
of Smith Hall to the Chi Omega Sorority:

                                       May 9, 1940

         I wish to apply for the rcnewal -f Chi Omega Fra-
    ternity' s lease on Smith Hall for the so hool year 1940-
    41.
         I believe Jars. Holmes has discussed With you sev-
    eral repairs we would like to have made thi s summer,
    Please let me know when the lease is ready to be signed.

                                 (Signed) Frances Hannah
                                            President

    The following needed reptairs and cadditions have been suggested:



                                       April 2, 1940

    Mr. D. H. Peak
    Business Agent

    My dear Mr. Peak:

      According to the lease on Smith Hall which the Chi
    Omegas signed last year, they imust Indicat.e that they
    wish to renew the lease by April 1. Frances lHannah, the
    new president, has been to see you in regard to renewing
    the lease,

       There are certain things which the group would like to
    have done before signing the lease another year.  First,
    they need additional floor plugs in some of the rooms
    so that the fire hazard will be less.   The roof of the
    new porch has never been sealed, and it should be sealed
    before it c&n be used.   Some of the plumbing fixtures
    as e old and need to be replaced.  mle girls have always
    wanted central heating.   1 have asked Mir. Crutcher
    to suggest a plan whereby it might be possible to put
    in central heating.   I ar.m enclosing a letter which he
    has written me regarding the floor plugs and the central
    heating.

        I would like to discuss these two questions with you
     ,t your convenience,
                                      Sincerely yours,

                                      (Signed) Sar~ah B. Holmes

                                               iMrs.Sarah B. Holmes
                                            Assistant Dean of 'NWoren




 







12.



     The Business Agent was dairected to get from the Superintendent
of Buildings and Grounds the complete estimate of cost of repairs
needed and to got quotation of cost of furnace nooded and cost of
installation.

     13. Report of Injury of Students on Gymnasium Floor,.

     The Business Agent filed as his report communications copied
as follows.

    April 9
    1 9 4 0


    11r. D. H. Peak
    Business Agent
    University of Kentucky

    Dear Mr. Peak:

    I have the copy of your letter to Dr. J. S. Chambers,
    under date of April 6, regarding the injuries of students
    Holmes and Powers.

    Both of these young raen received injuries in the Gymnasium
    Annex building due to water on the gy-,ansiumr floor which
    calme from a leak in the roof of the buildin:.  Holmes rc-
    ceived his injuries in the morning a feev minutes prior to
    the beginning of his physical education class. Powters
    received his injuries in the evening during an intramural
    basketball g abme,

    If there is any additional information tha t I can furnish,
    please feel free to call on rne.

    Cordially yours,

    (Signed) M. E. Potter,
              Head
     Department of Physical Education




 









May 6, 1940



     M1r-. D. H. Peak
     Business Agent
     University of Kentucky

     Dear Mr. Peal;:

          In a recent letter you inquired. about the cases of
     two students, J. R. Powers and A. S. Holmes, both of Whom
     were injured in the gymnasium annex in February.   I pre-
     sent the following information.

          Both students were injured on the saue day, falling
     or slipping on the wet floor in the gymnasium, the water
     having come from a leaky roof on the building.

          Mr. Powerst left leg was fractured.   He entered the
     hospital on February. 20th and left on IMarch the 8th, His
     leg was olaced in a cast on the 21st of February and again
     on the 24th.   His hospital bill amounted to $94.00.  Dr.
     W. M. Brown said his bill would not be over $50.00. Powers
     had a fracture of the left fibula and was also treated
     for follicular tonsillitis,

          Mr. Holmes received a rather severe brain concussion.
     He was under observation in the hospital for one week.
     His hospital bill is 835.00. There are no other bills
     connected with his injury.   Mr. Holmes has discussed
     with me the possibility of getting some atid for his
     hospital bill,

          M.1r. Powters has droped out of school this somester.
     Both of thcse boys wore earning part of their expenses.

                                   Very truly yours,

                                   (Signed) J. S. Ch.am..bers

                                              J. S. Chambers, M.D.


     Discussion covered tho facts of this incident, the question of
probable injuries in the future to students on the onrapus, the desire
to give financial assistance to the injured, and the provision,
made by the University for caro of student health at the University
Dispensary.   It was stated that the Dispensary service given stu-
dents is the limit of the University authority in cases of studont
health and accident.   It was suggested that the students in this
instance be permitted to borrow funds from the Student Loan Fund,
on usual terrms and conditions,




 





14.



    14. Loan to Lrs. Dicker.

    President hM,;cVo:y presented a communication from Dean Graham,
copied as follows:

                                  May 6, 1940

    President Frank L. McVey
    University of Kentucky

    My dear President McVey:

          Mrs. J. B. Dicker, widor of J. B. Dicker, fornerly
     of this Colle-e, is in great need of aid in soime form,
     She owns her home on Washington Street, directly across
     from the Experiment Station, consisting of a one and a
     half story brick cottag';e built on a lot with a 50-ft.
     frontage.  (See attached plot.) Her only son is em-
     ployed by the University at ('20.00 per month and this
     sum, plus the income from two student roomers, is her
     entire income. As she is a property owner, she cannot
     get upon any of the relief roles. She is fifty-nine
     years of age.   She has accumulated a debt of approximate-
     ly S800.   In accord with other adjacent property recently
     purchased by the University, we have appraised this prop-
     erty at 86,000.

         We offer for your consideration one possible solu-
     tion of this problem:

          We have ascertained that an annuity, paying the
     beneficiary the sum of $28.00 per month for a period of
     ten years, may be purchased for $3,000.   Therefore we
     suggest that the University take title to the property
     by paying Mrs. Dicker the sum of $1,000 in cash plus
     the $3,000 annuity and allow her to occupy the property
     rent free during the life of the annuity.

          We have reason to believe that Mrs. Dicker will
     accept this proposal thankfully, if there be no legal
     difficulties,   She prefers this form in lieu of a life-
     time annuity,f:or if she outlives thle ten-year period,
     she will be then qualified for admission to the IMasonic
     Widowa Home.

                                  Very truly,

                                     (Signed) James H. Graham
                                               Dean

     It was suggested that the property be purchased by the Uni-
versity on terrms of payments similar to the terms suggested by Dean
Graham, and that request to make the purchase be made to the Ken-
tucky Rcal Estate Board.   The matter was referred to Board of
Trustees for further action.




 





15.



     15. Electric Cables.-

     The purnhase of electric cables made necessary in order to
remove the transformer located near the Engineering Quadrangle to
the transformer room in Biological Sciences Building, was authorized
by motion, seconded and carried.


     16. Land for Sale.

     The President presented a letter from 1iartin Rothan, real es-
tate agent, offering for sale to the University certain property on
Euclid, Adans and Lexington Streets fronting 143 feet on Euclid
Avenue, and running back to &dams Street 200 foot.    The President
was asked by the Executive Committee to   rite rr. Rothan, stating
that the University does not contemplate purchase of land on the
north side of Euclid Avenue.


     17. Gift of Strand Theater Organ.

     On February 2, 1939, the Phoenix Amusomont Company tendered to
the University of Kentucky a bill of sale of the pipe organ formerly
used at the Strand Theater, Lexington, Ky.   The consideration named
in the bill of sale is one dollar, but, in fact, the transfer of
the organ was intended as a gift to the Radio Depctrment of the Uni-
versity.

     The request for acceptance of the gift is renewed by communica.-
tion from Dr. Capurso of the Department of Music, copied as follows:


     April 23, 1940
                                              Through Office of
                                                Dean Boyd
     President Frank L. McVey
     University of Kentucky
     Lexington, Kentucky

     My dear President iMicVey:

     In accordance with your request, I have discussed with Mr.
     Sulzer the matter of attempting to utilize the Strand
     Theatre organ material in constructing instruments suitable
     to our use here.   As Mr. Sulzer has pointed out, the Uni-
     versity is absolutely without obligation in the matter; and
     I cannot see that the University has anything to lose in
     embarking on this project.

     Even more important, so far as the Iibasic Department is
     concerned, is the fact that i.r.Sulzer has made an analysis
     of the pipes remaining after his proposed projects are
     completed.   We find that there will be unused the follow-
     ing sets of pipes,




 






16.



                 a' Cello ............... 49 pipes
                 41 Gross flute ......... 61 pipes
                 el Two rank violin ...... 146 pipes
                 81 String celeste ...... . 61 pipes
                 8' Flute ...............  49 pipes
                 8' Viola ...*........... . 49 pipes

    These pipes are complete with their associated chests and
    would have a definite trade-in value on new stops that might
    be desired for augmenting the present Memorial Hall organ.
    Two of the sets of pipes aforementioned are out of the echo
    organ at the Strand Theatre and could be included as they
    stand in an echo organ to be used in conjunction with the
    Memorial Hall organ if such an addition was found desirable
    later.

    I would like to sce the plans of Air. Sulzer in connection
    with the organ consummated if for no other reason than if
    they came to fruition additional practice organ facilities
    would be available to the organ students enrolled in the
    Department of Music, as Mr. Sulzer assures me that the radio
    use of such instruments would not exceed fifty per cent
    of the usual daylight practice periods.

    For the reasons mentioned in the foregoing paragraphs, I
    feel favorable toward the project.

    Very sincerely yours,


    (Signed) Alexander Capurso
             Executive Director



    On motion, seconded and carried, it was ordered that the gift
of the organ be accepted and that the thanks of the Board of Trus-
tees therefor be extended to the Strand Theater officials.

    However, it was) expressly s tipulated that the University of
Kentucky is to be put to no expense in connection with he dissembling
and reconstruction of the instrument or otherwise connected there-
with,


    18. Student Fees.

    On motion, duly seconded and carried, fees for registration
In the University of Kentucky of students who are non-residents
of the State of Kentucky at the time of registration were increased
from $13.00 to $30.00 a semester, in addition to the fees charged
students, residents of the State of Kentucky; the change in fees
becomes effective at the beginning of the first semester of the
school year 1940-41.




 






                               17.

    Under the change, fees for each semester for non-resident
students will be:

    Full-time Students:         General Registra- Incidental
                                 Deposit  tion Fee     Fee     Total

     All Colleges except Law    $6.00     $5.00     $75.00    $86.00

     College of Law              6.00