Minutes of the Meeting of the Board of Trustees, University
of.Kentucky, June 3, 1947.

     The Board of Trustees of the University of Kentucky met in the
President1s Office at 10:10 a.m., Tuesday, June 3, 1947.   Present
were: Governor S. S. Willis, Chairman of the Board; Judge Richard C.
Stoll, Mxs. Paul G. Blazer, Thomas Cutler, Robert C. Tway, Eldred E.
Adams, Harper Gatton, J. C.Everett, H. D. Palmore, R. P. Hobson,
Judge Edward C. O'Rear, and Grover Creech.   Absent were:  John Fred
Williams, Superintendent of Public Instruction; Elliott Robertson,
Commissioner of agriculture; and J. N. Smith,


     A. Approval of MIinutes6

     Uporn motion duly made, seconded and carried, the minutes of the
Board of Trustees of April 1, 1947, and the minutes of the Executive
Committee of May 22, 1947, were approved as published.


     B. Comptroller's Report.

     The Comptroller read the f'ollowing summarized statement and sub-
mitted the following detailed report.