xt7c862b8z29 https://exploreuk.uky.edu/dips/xt7c862b8z29/data/mets.xml Lexington, Kentucky University of Kentucky 18770315 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, 1877-03-jun15. text Minutes of the University of Kentucky Board of Trustees, 1877-03-jun15. 1877 2011 true xt7c862b8z29 section xt7c862b8z29
370.
The main question was now ordered to be put by a vote of 12 to 16.
The 7th recommendation was then adopted by a vote of 17 to 15.
This resolution
should have
bean inserted
before the
report of
Curator Williams.
Curator Barnes offered the following which was unanimously adopted,
Resolved that during the remainder of the sitting of the board at
its present Session the following rule shall be enforced by the
President.
That no Curator shall be allowed to speak more than five minutes
nor to speak on the same question more than once unless by permission
of the board.
The board then adjourned to meet tomorrow morning at 9 o'clock.
Curator Withers presented the notes in the hands of the execu-
tive Committee in accordance with the resolution of the board.
Regent Bowman also presented the notes and papers in his hands,
under the same resolution.
These notes, bond etc not having been taken or examined by the
board, were left in the possession of the original holders.
Minutes of the last meetings read and approved.
(371)
Friday morning June 15th, 1877.
Session of
June 15,
1877.
The board met pursuant to adjournment roll being called a
quorum being present prayer was offered ',y Elder W. L. Williams.
The minutes were read and approved.
Standing
Committees.
Committee
on
Obituaries.
Lease of the
lower College
lawn.
The called the attention of the board that they may advice
whether the old standing Committees are still in existence or whether
Committees shall be appointed.
Curator Smith moved to do away with the former Committee on Obitu-
aries and that the Chair appoint a Committee on Obituaries- The
Chair appointed on said Committee Curators Givens, Gano and Munnell.
Curator Steele offered the following resolution.
Resolved that the executive Committee be authorized to request
Major M. C. Johnson to draw an equitable lease of the lower College
lawn in favor of H. H. Gratz and his associates in accordance with
the agreement refered to in the minutes of the executive Committee
adopted - See page 367.
371.
(372)
Abolition
of the
Regency
proposed.
Curator Ricketts proceeded to give his reasons for offering his
resolution in regard to the abolition of the Regency.
# Agreement with H. E. Gratz, dated Apl. 27, 1878, was recorded
Apl. 29, 1878, in office of the Clerk Fayette County Court, Deed Book,
No. 58, p. 166.
Curator Ricketts offered the following preamble and resolutions.
Vhereas there is at present and has been since the founding of
Kentuck]y University a difference of judgement as to the legality, utili~r
and expediency of the office of Regent.
And whereas the office is necessarily one of considerable expense
and may in the future become more so.
Be it Resolved
1. That the office of Regent be abolished by this board.
2. That this resolution shall go into effect on the day of its passage
Proposed
Reference of
Preamble.
Curator John Aug. filliams moved that this preamble and resolution
be refered to the legal arbitration already ordered, involving the ques-
tion of construction of the organic law.
Curator Withers moved to amend the resolution of Curator Williams
Resolution so as to refer only the legal portion of the resolution odf
Curator Rickstt to the legal gentlemen provided for in a former resoluti
The Chair decided that this could not be done, under parliamentary vote.
By conm n consent this whole matter was withdrawn.
Curator WNithers offered the following resolution withdrawn.
Curator Bowiman offered the following resolution withdrawn.
Curator Tibbs then offered the following resolution as a sub-
stitute.
I ntroduction
of the
financial
Agents.
(373)
Resolved that the financial agent be instructed to proceed with
all promptness possible to collect all unpaid subscriptions in his
Aands.
Ayes and noes called and resulted as follows-
Ayes
Bishop
Bowman
Wasson
Herndon
Groom
Shackelford
Smith
Tarbitt
Sloan
Campbell
R. J. White
J. A. Williais
Lee
Tibbs
Castleman
Graves
Munnell
Shirley
19
Noes
Allen
Steele
Goodloe
W. L. William
Ricketts
Withers
Election
of Curators
Curators Barnes, Withers, Rogers and Headley declined serving
on the executive Comnittee.
The following persons were elected Curators James Patrick,
X. M. Uraves, E. D. Sayre, fno. S. Wilson, Tho. H. Shelby and Geo.
Stoll, Jr.
Election
of Executive
Committee.
Election of
Election of
Secretary.
Election of
President.
Sx~ecutive Committee
Thomas Munnell
Geo. Stoll, Jr.
J. M. Graves
Jno. S. Wilson.
Moved that the rules be suspended and D. S. Goodloe was unani-
mously elected.
Moved that the rules be suspended and that we proceed to elect
a Secretary adopted - and A. M. Barnes was elected Secretary.
Moved that the rules be suspended and proceed to elect a President
when R. M. Bishop and John S. Sweeney.
The vote being taken by ballot when it appears that R. M. bishop
received 19 votes and J. S. Sweeney 7 votes, R. M. Bishop was there-
(374) fore declared elected President.
Curator
B. Bowman's
resolution
concerning the
Judgement for
$12000 in
favor of the
city of Lexington.
Curator J. A. Williams moved the following preamble and resolu-
tions:
Whereas the twelve thousand dollars for which judgement has re-
cently been rendered against the Curators of Kentucky University in
favor of the city of Lexington was really a part of the $75,000 free-
ly given in 1839 by our generous citizens for the promotion of general
and scientific education in Kentucky and to maintain tn our city the
venerable State educational institution Transylvania University.
And whereas our enlightened citizens know and feel that they have
no greater interest to protect and support than to protect and support
than that of education in all branches and doubtless would not have
commenced suit for the sum which was so freely given for the purpose
of maintaining it, had they been convinced that the money would be
faithfully used for erecting a building within our cooperation limits
which would serve for the purposes of medical teaching as well as for
instruction in the natural physical and chemical sciences.
Be it Resolved that a committee of three Curators be appointed
to confer with the authorities and leading men of Lexington, to
373.
Miller
Rogers
Kinnaird
Gano
Coleman
Headley
13.
374.
ascertain whether on proper pledges being given that this sum of ;l12,000
(which really belongs to the building fund) shall without delay, be
employed in the erection of such a permanent building as desired, they
would not relinquish or postpone their action against the Board, adopted.
' The Committee appointed under this resolution were J. B. Bowman,
D. . Sayre and Geo. Stoll Jr.
Curator Z. F. Smith offered the following-
Committee
on
Obituaries.
Resolved That Curators Gano, Munnell, W. L. williams, G. i. Givens
and John A. Williams be appointed a Committee to report suitable obituary
resolutions of respect to the Characters of Curators C. 1'. Worthington,
A. H. Bowman, JTohn F. Payne and John Z. Price, deceased and report to
this Board at its next meeting.
Curator Tibbs offered the following
Organization
College
Executive
approved.
Stricken out.
Action of
exec. tom.
suspending
the Regent
not ratified.
vote
hereon
(376)
1. Resolved That the action of the Executive Committee and the Committee
appointed by this body at its last annual meeting to confer with the same
in regard to the organization of the several colleges of the University
for the session of 1876-77 is hereby approved and ratified, adopted.unani-
mously.
2. Resolved That all other acts of the Executive Committee which have
been passed since our last annual meeting which do not involve questions
to be passed upon by the Board of Arbitration appointed to settle the
difficulties between the regent and the Executive Committee be and are
hereby ratified.
3. Resolved That the specific action of the late Executive committee
suspending the Regent from office is not ratified by this Board.
Curator Sloan moved to strike out the 2d resolution by consent this
resolution was withdrawn.
The third resolution coming up for action the eyes and noes were
called for and stood ayes 17, naes 7 as follows-
Curators Withers, Rogers, G.u.White, Stoll, R. B. Bowman were excused
were excused from voting.
Those voting for the resolution were
Bishop
Wasson
Herndon
Groon
Shackelford
Smith
Tarbitt
Sloan
Campbell
Shirley
J. A. Williams
Barnes
Lee
Tibbs
Castleman
grarea,
Those voting in the negative
Steele
Goodloe
Hicketts
R. J. White
Kinnaird
Gano.
(375)
Paying
D, S. Sayre
& Co.,
ratified.
Action con-
cerning notes
iven by
reasurer
or Regent.
Actions of
the Execu-
tive Com.
ratified in
part. (377 )
1. Curator Sloan moved that the action of the executiVe QQo'Jt Q
on paying note to Mir. D. A. Sayre & Co. and the whole transaction
be ratified adopted without division.
2. Also by same that the act of the executive Comnmittee of NTov. 91t,
1876 in reference to the renewals of notes and bindings the Board of
Curators be not ratified but that this board declares those notes as
originally given by the Treasurer or Regent to be valid and binding
on the Curators of the Kentucky University in their corporate capacity
Adopted.
3. That all other proceedings of the executive Committee except
such as affect the legal rights of' parties to the controversy which
has been refered to the legal arbitration be ratified adopted.
4. That all appropriations as ordered by the Committee be approved
adopted.
5. That the transfer and hypothecation of any coupons in which
legal complications or questions is involved be ratified adopted.
Compensation
to the
Secretary.
Notice
by Regent
Bowman.
Report of
Treasurer
ratified.
Treasurer
elected.
Resolution
concerning
investments
laid on
the table.
Curator Tibbs moved the following
Resolved that the Executive Committee be and are hereby instructed
to arrange with the secretary of this board to pay him such sum as
shall be deemed just compensation for his services as Secretary.
Adopted.
Regent Bowman gave notice that he reserved the right to question
the legality of the proceedings of the called meeting of the board
of Curators of Kentucky University held Dec. 27th, 1876 End of the
proceedings of that date and of the proceedings of the executive Com-
mittee since that date.
Curator Withers moved the following resolution
Resolved that
laid on the table.
Curator Withers moved that the report of the Treasurer be rati-
fied adopted..
Curator Withers moved that the rules be suspended at that, D.S.
Goodloe be now elected Treasurer of the Ky. University adopted unani-
mouslY.
Curator Withers moved the following Resolved that the Treasurer
in connection with the Executive Committee be authorized and directed
to invest all the endowment fund in her hands or subject to his con-
trol in bonds and mortgages in improved real estate in the blue grass
region of Kentucky the real estate so mortgaged to be at least 33 per
cent cash value over and above the amount loaned on the same, the in-
vestments to be 8 per ct. interest payable semi annually motion to
refer rejected and the resolution laid on the table.
377.
Curator R. J. White offered the following whereas the financial
embarrassments of the Kentucky University demand economy and sacri-
fice on the part of the Board therefore
(378)
resolution of
carator
White laid on
the table.
Resolved that the Curators hereby bind themselves not to chiarge
or receive any compensation hereafter for attendance on the meetings
of the board or for traveling expenses or board while attending the
meetings which was laid on the table.
In motion of Curator Smith the board adjourned to meet at call
of the President.
A. M. Barnes, Secretary.
R. M. Bishop
President