Minutes of the Meeting of the Executive Committee of the Board of Trustees of the 'University of Kentucky, Thursday, March 17, 1966. On call of the Chairman, the Executive Committee of the Board of Trustees of the University of Kentucky met on Thursday, March 17, 1966, in the Board Room of the Administration Building on the campus of the University at 10:00 a. m. Eastern Standard Time, with the following members answering the roll call: Dr. Ralph Angelucci, Mr. Robert Hillenmeyer, and Dr. H. B. Murray. Mr. Smith Broadbent was absent. Mr. Clifford E. Smith, a member of the Board of Trustees and Chairman of the Finance Committee attended as did President John Oswald, Vice Presidents A. D. Albright. William R. Willard, Robert Kerley, and Glenwood Creech. Representatives of the news media were present. A. Meeting Opened Dr. Angelucci called the meeting to order and, noting that the termination of Judge Sutherland's term of office on the Board left a vacancy on the Executive Committee and in the secretaryship of the Board, asked Dr. H. B. Murray to act as secretary for the meeting. Following roll call, Dr. Murray indicated a quorum was present and Dr. Angelucci declared the meeting open for the conduct of business at 10:15 a.m. B. Minutes Approved Mr. Hillenmeyer moved that the Minutes of the Meeting of the Board of Trustees on December 14, 1965, and of the Special Called Meeting of the Executive Committee of the Board of Trustees on December 27, 1965, be approved as published. Without objection, it was so ordered. C. President's Report on Activities Dr. Angelucci called on President Oswald for his monthly report on activi- ties, copies of which are available at the meeting and are mailed to the faculty and selected alumni following each meeting. Dr. Oswald commented briefly on each item in the report. Following his presentation, Dr. Angelucci, having determined that there were no additional items to be added to the report, ordered it accepted and filed. D. Commendation from Board of Trustees on Centennial Dr. Angelucci said he felt that since this was the first meeting following the close of the Centennial Year, it was appropriate that he read the following statement from the Board of Trustees: