<pre style="white-space: pre-wrap">xt7kkw57dv2c https://exploreuk.uky.edu/dips/xt7kkw57dv2c/data/mets.xml Lexington, Kentucky University of Kentucky 19370124 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, 1937-01-feb24-ec. text Minutes of the University of Kentucky Board of Trustees, 1937-01-feb24-ec. 1937 2011 true xt7kkw57dv2c section xt7kkw57dv2c 


     Minutes of the Meeting of the Executive Committee of the
Board of Trustees of the University of Kentucky, Wednesday, Feb-
ruary 24, 19371


     The Executive Committee of the Board of Trustees of the Uni-
versity of Kentucky met in President McVey's office at 10:30 a.m.
on Wednesday, February 24, 1937.   The members of the Committee
present were James Park, R. Miller Holland, and J. B. Andrews.
President Frank L. McVey and D. H. Peak, Secretary of the Board,
were present. In the absence of Judge Richard C. Stoll, Mr.
Andrews was elected chairman of the meeting.


     1. Approval of Minutes.

     The minutes of the meeting of November 7, 1936, were approved
as published.


     2. Financial Reports for December, 1936, and January, 1937.

     Financial reports for December, 1936, and January, 1937, were
produced. by the Business Agent, and examined.  The reports being
cumulative, the January report was ordered inserted In the Minutes:


                                                    EXHIBIT "B"1


Statement of Income and Expenditures
       Month of January, 1937
                                             Fiscal
                    Previously     Current   Year
                    Reported,      Month     To date


General Fund Income
  Federal Appropriation -
    Morrill Nelson              14,9250.00
 Vocational Education Board     8,957.71
 State Appropriation -
    Summer School                8,000.00
 Special Agricultural Appro-
   priation                    11,392.29
 State Appropriation - General SD9,061.29
 Interest on Peabody Endowment 1,000.00
 Interest on Endowment Bonds   12,852.37
 State Appropriation -
    Repairs to Bldgs.            4,323.77


4,750.00
1,989.70


19,000.00
10,947.41


8,000.00


2,472.43
64,196.83


13,864.72
372,258.17
1,000.00
12,852.37


112.25      4,936,02


2.


Federal Appr. - Bankhead-
  Jones                       8,944.92
Student Fees                115,237.99
Student Fees - Summer School 55,894.59
Student Fees - University
  High School                 4,465.00
Student Fees - Elementary
  Tr. School                  4,140.00
Student Fees - University
  Extension                   9,281.50
Miscellaneous Receipts        3,246.39
Rentals                       1,190.00
Men's Dormitories            10,317.03
              Total         583,054.85


2,981.64  11,926.56
3,935.22 119,173.21
          55, 894.59

  750.00   5,215.00

  85.00   4,225.00


   619,38
   192.27
   334.00
   89 6. 70
83,315.47


9,900.88
3,438,66
1,524.00
JL 213.73
666. 370.32


Expenditures
Instruction
Administration Expense and
   Maintanence
 Additions and Betterments
               Total


385,784.15

134,935.36
8,338.99
529,058.50


76,802.94 462,587.09


22,248.25
1,985.37
101,036,56


157,183.61
10,324.36
630,095.06


Excess of Income over
  Expenditures


Patterson Hall Income
  Board
  Miscellaneous Receipts
  Room Rent - Summer School
                Total


Expenditures
Expense
Additions and Betterments
               Total
 Excess of Income over
   Expenditures


(17,721,09)  36,275.26


27,763.15
   188.75
 3,098.10
 31,050.00


13, 578,61
     81.12
 13,659.73

, 17,390.27


Genaral Fund Income            614,104.85
General Fund Expenditures      542,718.23
  Excess of General Fund Income
    over Expenditures           71,386.62
 Excess of Expenditures over
   Receipts for General Ledger
   accounts                   (56,399.20)
 Excess of Receipts over Expenditures
   for the fiscal year to date-
   General Fund                14,987.42


846.30  28,609.45
51.14     239,89
         a3,098.10
897.44  31,947.44


4,390,e79
   42.50
4,433.29


17,969.40
  123.62
18,093.02


(3,535.85)  13,854.42

84,212.91  698,317.76
105,469.85  648,188.08

(21,256.94)  50,129.68


313278.89 (25,120.31)


10,021.95   25, 009.37


3.


Excess of Receipts over Expenditures for
  the fiscal year to date - General Fund
Cash in Bank July 1, 1936 - General Fund
Cash in Bank January 31, 1937 - General Fund


Experiment Station Income
Hatch - Federal Appropriation 7,500,00
Milk and Butter - Cash Receipts5,241.01
Beef Cattle Sales                745.37
Dairy Cattle Sales               609.91
Sheep Sales                      816.11
Swine Sales                    1,411.40
Poultry Sales                  1,753.51
Farm Produce Sales               475.32
Horticultural Sales               32.55
Seed Test                        490.25
Seed Inspection                8,103.58
Rentals                        2,879.02
Miscellaneous                  2,076.07
Fertilizer - Fees             11,302.63
Public Service - State
   Appropriation               10,362.44
 Public Service -
   Miscellaneous                  228.50
 Feeding Stuffs - Fees         33,150.38
 Adams - Federal Appropriation. 7,500.00
 Serum - Sales                    912.94
 Serum - Virus Sales               50.00
 Serum - Live Stock                31.57
 Serum - Supply Sales              55.87
 State Appropriation           25,572.79
 Creamery - License Fees        8,129.54
 Creamery - Testers Licenses    2,920.50
 Creamery - Glassware Tested      462.44
 Robinson - State Appropriation 7,679.24
 Robinson - Miscellaneous
   Receipts                     1,720.59
 West Ky. - State Appropriation 6,991.23
 West Ky. - Miscellaneous
   Receipts                     7,748.23
 Purnell - Federal
   Appropriation               30,000.00
 Bankhead-Jones - Federal
   Appropriation               19,734.50
 Nursery Inspection - State
   Appropriation                  999.98
 Nursery Inspection - Fees      1,340.00
         Total                209,067.47


3,750.00
   870.86
   225*74
   297.4n
   331.63
   533.36
   328.59
 2,187.08

   109.00
 1, 555.06
   119.67
   30. 69
 1, 462.50

 1, 653.98

    10.00
 4,856.25
 3, 750.00
   234.37
   14.85

     6.24
 3, 743.68
    31,50
    49.00
    60.35
1,151.80

   304.56
 1,129.66


15, 000.00

9,867.26

   166.66
   20. 00
53, 851. 74


11, 250. 00
6,111.87
   971.11
   907.31
 1,147.74
 1,944 76
 2,082. 10
 2, 662. 40
    82.55
    589.25
 9, 658.64
 2,998.69
 2,106.76
 12,765.13

 12,016.42

   238.50
38,006.63
11,250.00
1,147.31
     64.85
     31.57
     62.11
29, 316.47
8,161.04
2,969.50
    522.79
 8,831,04

 2,025.15
 8,120.89

 7, 748.23

 45,000.00

 29, 601.76

 1,166.64
 1, 360.00
242, 919 .. 21_


25,009.37
52,785.93
77,,795.*30


4.


Expenditures
Expense
Additions and Betterments
          Total


185,055.13
  3,999.10
189.054.23


26,368.53
5,922.71
32.791.24


Excess of Income over
  Expenditures                 20,013.24   21,060.50
Excess of Receipts over
  Expenditures for General
  Ledger accounts               6,264.15   25,714.51
Excess of Receipts over
  Expenditures                 26,277.39   46,775.01
Excess of Receipts over
  Expenditures for the fiscal year
    to date - Experiment Station
Cash in Bank July 1, 1936 - Experiment Station
Cash in Bank January 31, 1936 - Experiment Station


211,923.66
   9~21 81
   9, 92. a
221 845.47

41.073.74


31,978.66

73,052.40


73,052.40
(7,585.30)
65,467.10


Extension Division Income
  Federal Bankhead-Jones
  Federal Smith-Lever
  Federal Additional
    Co-operative
  Federal Supplementary
  Federal Capper-Ketcham
  State Smith-Lever
  County and Other
          Total

Expenditures
  Expense


Excess of Income over
Expenditures


164,145.15
74,154.38

  6,250.00
  19,909.14
  18,400.49
  56,825.34
  9,860.76
349.545.26


161', 145.15
74,154.38

  6,250.00
  19,909.15
  18,400.48
  9, 634.42
  3,190.12
295,683.70


331,922.17   54,164.05


17, 623.09


241,519.65


328,290.30
148,308.76

12,500.00
39,818.29
56,800.97
66,459.76
13,050.88
645,228,96


386,086.22


259,142.74


Excess of Expenditures over Receipts
  for General Ledger accounts        -    (47,102.16)  (4,02.16

Excess of Receipts over
  Expenditures                17, 623.09  194,417.49   212,040.58


Excess of Receipts over Expenditures for the
fiscal year to date - Extension Division
Cash in Bank July 1, 1936 - Extension Division
Cash in Bank January 31, 1937 - Extonsion Division


Trust Fund Income
  Student Loan Fund
  Student Notes Paid
  General Ledger accounts
          Total Receipts


2,061.17
2,147.36
2,801.70
7,010.23


194.30
167.20


361.50


212,040.58
48,500.09
260,540.67


2,255.47
2,314.56
2 801.70
7,371.73


* -


                            5.


Expenditures
Expense                           9.00                     9.00
Student Notes                    72.75                    72.75
General Ledger accounts       8,000.00                 . 8,000.00
          Total Expenditures__8,081._5                 8,081.75


Excess of Expenditures over
Receipts


(1,071.52)     361.50      (710.02)


Excess of Expenditures over Receipts for the
  fiscal year to date - Trust Fund
Cash in Bank July 1, 1936 - Trust Fund
Cash in Bank January 31, 1937 - Trust Fund


Summary
General Fund Income
Experiment Station Income
Extension Division Income
Trust Fund Income
            Total

 General Fund Expenditures
 Experiment Station
   Expenditures
 Extension Division
   Expenditures
 Trust Fund Expenditures
            Total


   614,104.85
   209,067.47
   349,545.26
     2,061.17
 1,174,778.75

   542,718.23

   189,054.23

   331,922.17
         9.00
,1063,703.63


84,212.91  698,317.76
53,851.74 262,919.21
295,683.70  645,228.96
    194.30    2,255.47
433, 942.65 24608,721.40

105,469.85  648,188.08

32,791.24  221,845.47

54,164 .05 386,086.22
                  9.00
1.92,425.14 1256,128. 77


Excess of Income over
  Expenditures


111,075.12


241,517.51


352, 592.63


Excess of Expenditures over Receipts
  for General Ledger accounts (55,333.35)


Student Loan Fund Notes


2,074.61


9,891.24  (45,442.11)

  167.20   2,241.81


Excess of Receipts over Expenditures
for the fiscal year to date -
  Combined Fund               57,816.38


251. 575.95


309,392.33


Excess of Receipts over Expenditures for
  the fiscal year to date - Combined Fund
Cash in Bank and on hand July 1, 1936 -
  Combined Fund
Cash in Bank and on hand January 31, 1937
  Combined Fund


309,392.33

103,373.47


.412,765.80


(710.02)
7,472.75
-6,762.73


                  6.


Abstract of item shown on Statement
of Income and Expenditures as "Excess
of Expenditures over Receipts for
General Ledger accounts $45,442.11"


                        Debit


Accounts Receivable

Sundry accounts

Insurance Paid in advance


21,498.99

23,929.62

    13.50
45, 442.11


Oredit


7.


     3. Requisition Committee Report.

     The Requisition Committee filed written report of its ac-
tion each week from December 17, 1936, to February 17, 1937,
inclusive.   The report showed orders made by the Business Office
on the authority of the Requisition Committee in the manrer pre-
scribed by the Board of Trustees and state laws, running from
No. 3497 to No. 4558. The report was examined, and on motion
and second the orders named therein were ratified and approved
and payments on said orders were authorized and approved.

     Additional budget appropriations of $100.00, rent dwellings;
$1,181.78, Department of Bacteriology; $60.00, divisional budget,
Department of Buildings and Grounds; $217.57, basement, Memorial
Hall; $101.00, Administration Building, were approved.


     4. Audit of Accounts.

     The Secretary of the Board reported that he had written to
the Accounting concerns as directed by the order of the Board of
Trustees at the meeting of December 23, 1936 (Sec. 2, Minutes),
and that he had received answers from each.    These letters to-
gether with other data concerning audit were presented to the
Executive Committee,

     The Committee appointed at the meeting of December 23, 1936
to confer with Governor Chandler reported that no conference had
been held, the time of the Governor being fully taken up with
duties arising from the flood situation and other pressing duties,
but that immediate attention will be given to the matter.    The
Committee was continued, and all the papers were given to Mr.
Park, a member of the Committee appointed to confer with the
Governor.


     5. Exchange of State Warrants.

     The Business Agent reported that acting under authority given
by orders of the Board of Trustees at meetings of December 8,
1936, and December 23, 1936, he exchanged two state warrants be-
longing to Student Loan Funds which were called for payment on
January 11, 1937, for three per cent state warrant.    Following
is statement of exchange:


8.


        Warrants called --
             No. G 727.     .........  561.60
             No.H 3192      ......... 7,131.24

        Exchange warrant, Series 1 ._.......     $4,600.O0
                          1B,1245
        Check No. 120010 for balance *........,      92.84


                                    $4,692.84    4,692.84

        Accrued interest collected to
        date of call, $174.45.

     On motion of Mr. Holland, seconded by Mr. Park, duly passed,
the exchange as reported was approved.


     6. Investment of Patterson Student Loan Fund Ordered.

     The Business Agent reported that Chairman Richard C. Stoll,
at his request, had investigated investment of Student Loan Funds
in Building and Loan companies, and that Chairman Stoll had re-
ceived report on the Lexington Federal Savings and Loan Associa-
tion to the effect that investment in that Association may be
regarded as surrounded by reasonable and appropriate safeguards.
Depositors in that Association are protected by insurance in the
Federal Savings and Loan Insurance Corporation to the extent of
$5,000.00.   Four per cent per annum interest is now paid on in-
vestments,

     Investment of the $5,000.00 Patterson Student Loan Fund, in
the Lexington Federal Savings and Loan Association, was authorized
on motion of Mr. Holland, seconded by Mr. Park, which motion was
duly carried.


     7. Boiler Insurance.

     'tThe matter of Boiler Insurance was closed by renewal of
policy on boilers as heretofore written.   The bill, $792.60 less
credit of $270.87 refund on cancelled policy, was approved and
paid by State Department of Finance."   The above report of the
Business Agent was received and ordered inserted in the Minutes.


9.


      8. Bill of State Journal -- Walo Books.

      The Business Agent presented a bill of the State Journal
Company of Frankfort, Kentucky, for $340.90 made for printing
the publication by Professor Paul K. Walp, t"The Respective
Functions of the Council and the Assembly of the League of
Nations".   There has been paid on the bill $i.41,06, and funds
from sale of book, now on hand, amount to $13.36.   This qb-
ligation was made July 11, 1931.   The balance was not paid be-
cause of issues arising in settlement with Professor Walp.
Those issues have been settled and the University is obligated
for the balance due.   In time an amount sufficient to pay the
bill may be received from sale of the books, but it seems that
it should be paid now from some other source.

     On motion duly carried the Business Agent was ordered to
pay the bill from such funds in Sundry Ledger Accounts as may
be available for that purpose.


     9. Charged Off Fees.

     The Business Agent reported: "Collection of fees heretofore
charged off, amounts to $4,815.39.   No part of this has been set
aside to Activities.   The disposition of this is subject to
orders of the Executive Committee."

     On motion duly seconded and carried, it was ordered that
from the fees collected as shown above there be distributed to
student activities the amount due bach such activity and that the
balance be transferred from Sundry Ledger Account where it is now
carried to University of Kentucky Building Revenue Bond and
Interest Redemption Fund.


     10. Appointment of Military Property Custodian.

     Correspondence --
     Fifth Corp Area Commander

ROTC 168. University of Kentucky               January 13, 1937

SUBJECT: Military Property Custodian

TO     : The P. M. S. & T., University of Kentucky, Lexington,Ky,

     1. An officer of the institution is to act as M1ilitary
Property Custodian only when duly appointed to this office.    In
this connection, attention is invited to Paragraph 6 a (1), Army
Regulations 145-20, and to the following quotation from Paragraph
87, Army Regulations 145-10:


10.


          "3 . . . . Further, the institutional authorities
     agree to appoint or designate by resolution or in by-
     laws, whichever may be countenanced by statues or ap-
     proved methods of procedure governing the institutions,
     an officer of the institution, to be known as military
     property custodian, who will be empowered to requisi-
     tion, receive, store, and account for this property
     and otherwise transact matters pertaining thereto, for
     and in behalf of the institution."

     2.. The records of this office show that Mr. D. H. Peak, is
now acting as Military Property Custodian for the University of
Kentucky, but no record authorizing him to perform these functions
is on hand.

     3. It is therefore desired that the required authori ztion
be forwarded for file at this Headquarters.

          By command of Brigadier General NAYLOR:

                              (SIGNED)  A. L.. Fuller
                                         A. L,. Fuller
                                         Colonel. CAC,
                              Actg Asst Adjt General


     Colonel B. E. Brewer

                                         February 3, 1937

     Dear Doctor M.IcVey:

     In view of the fact that the minutes of the meeting
     of the Executive Committee of the Board of Trustees
     on March 28, 1916, make no specific mention of ap-
     pointing Mr. D. H. Peak as Military Property Custodian
     as required by paragraph 87, AR 145-10, (see copy of
     letter Headquarters, Fifth Corps Area, attached
     heretoS, I am of the opinion that this matter should
     be taken up at the next meeting of the Executive Com-
     mittee and that Mr. Peak be specifically designated as
     .Military Property Custodian.

     Sincerely yours,

     (Signed) B. E. Brewer,
     Lt. Col., Inf.,
     P. SEI. S. & T.


1 incl. (letter, 5th CA, ROTC 168 UKy, 1-13-37)


11.


     On motion duly seconded and carried, D. H. Peak was made
Military Property Custodian, the appointment to relate back to
date when D. H. Peak was first instructed to act as such cus-
todian it appearing that proper orders of appointment were not
made at that time.


     11. Cooperative Houses for Wtomen Students.

     President McVey presented letters from Miss Blanding and
Miss Erickson relative to Cooperative Houses, in each of which
letters approval of the Cooperative House Plan was expressed.
Both Miss Blanding and Miss Erickson expressed a desire to see
new cooperative house or houses provided.   Miss Erickson also
stated that the condition of the Miller property now occupied
under name of tShelby House" is such that a new lease is not
desirable.

     President McVey commented at some length on the desirability
of cooperative houses, the saving to the occupants and the suc-
cess of Shelby House.   He also made favorable comment on a pro-
posed erection of two houses at a cost of 420,000.00, the cost
to be eventually absorbed by payment of rentals.   Desirable
location was discussed.   The discussion was not made with ex-
pectation of action by the Committee at this meeting, and Presi-
dent McVey was directed to continue investigation.


     12. Boxing Matches at University -- State License.

     At the meeting of the Board of Trustees, December 23, 1936,
an order was entered in Sec. 10 of the Minutes, requesting Mr.
Park and Mr. Gordon to take up the question of taxes on boxing
matches held at the University of Kentucky.   Mr. Park stated
that his investigation led to the belief that the University is
not liable for taxes or license fee.   President McVey then pre-
sented the following letter from the State Athletic Board of
Control.

                               February 12, 1937

    Dear 11r. McVey:

    I have gone over your letter of February 3rd and
    contents carefully noted and wish to state that
    your legal advisor is correct in his findings as to
    the part of the State law governing the State
    Athletic Board of Control.


12.


     It is, however, optional with the Board whether
     they issue a permit to a college or school exempt-
     ing them from paying the $10O.OO necessary license
     fee.  If this permit is issued the State compels
     the club to place with the Athletic Board of
     Control a two thousand dollar bond which is to
     assure the State that all money due them will be
     forwarded to the State Athletic Board of Control.

     Mr. McVey, we have had this to come up a number
     .of times with the schools and universities through-
     out the State and it is utterly impossible for us
     to show any partiality and we know you do not ex-
     pect any for the University of Kentucky.   Although
     it is a State institution they are nevertheless
     making a charge for an entrance fee and the State
     will expect the five per cent of the gross receipts.

     Trusting that we have made ourselves clear in this
     matter, we are

     Very truly yours,

     STATE ATHLETIC BOARD OF CONTROL

     (Signed)Johnson S. Mattingly, Sr., Director

     President McVey was instructed to answer the letter stating
the conclusion of the Executive Committee, that no tax or license
fee attaches to student boxing and athletic exhibitions such as
were given on the University campus.


     13. McGregor Plan for American Colle.ge Libraries.

     Statement.

     This statement is put forth in order to explain an
     agency lately established to encourage the collecting
     of rare and scarce Americana in certain college
     libraries.   It is addressed primarily to college
     presidents, college librarians, college professors of
     American. history and literature, chairmen of library
     committees, and any others who may be interested in
     the coming generations of students and critics of
     American institutions and culture.,

     In January of 1933, Mr. Tracy W. McGregor of Detroit
     wrote to Dr. Charles A. Beard, president that year of
     the American Historical Association, and outlined a
     plan for bibliographic philanthropy, which is now called
     IThe McGregor Plan.".  A "Committee on Americana for
     College Libraries" was appointed by the American Histori-
     cal Association to counsel with Mr. McGregor.   What he
     proposed is best stated in his own words:


13.


      "Through a friend of history, the Committee on Aneri-
      cana for College Libraries of the American Historical
      Association, has funds available to assist from ten
      to twenty institutions in purchasing rare source books
      in American history, commonly called Americana.   The
      Committee has decided to offer $500 per year for this
      purpose to each of certain colleges, providing the
      college will itself appropriate an equal amount, thus
      making $1,000 per year for each institution.   The
      plan should be entered into with the expectation of
      continuing for a period of ten years or longer.   The
      Committee understands, of course, that unforeseen stress
      may occur to prevent a college from going through with
      such a long period; so it will merely expect each col-
      lege joining in the arrangement, to do so in good faith,
      and with the full intention to carry on through a period
      of several years."

      President McVey stated that he approves the plan and recom-
mended that the proposal be accepted.   He stated that he thinks
the $500.00 per annum required as an offset by the Universitty
will be available.

     On motion and second duly carried, it was ordered that the
McGregor Plan be accepted by the University of Kentucky, and
that $500.00 be appropriated annually to match the McGregor Funds.


     14. Tablets on Buildings -- Inscription.

     President McVey stated that the records of the Board of
Trustees had been examined by Mrs. Virginia Anderson for the pur-
pose of obtaining data for inscriptions ordered placed on Uni-
versity buildings at the meeting of the Executive Committee,
October 14, 1936.

     This report raised problems as to inscription of tablets
which the Committee considered and orders were made as follows:
Titles are to be omitted from the names of all trustees, that of
the Governor being excepted.   The usual signature of the trustee
shall be used,.  The residence of the trustee is not to be in-
scribed on the tablet.

     Chairman Stoll and President McVey are to select suitable
names for the buildings that have not been given appropriate
names heretofore, and they may also determine the size of the
tablets.


14.


     15. Reports Requested for Next Meeting.

     The following reports were requested to be presented at the
next meeting of the Executive Committee.

     a. Status of Building Amortization Accounts to be made by
Business Agent.

     b. Report on bequeaths in Dr. James K. Patterson's will to
be made by the Security Trust Company.


     16. Sale of Heating Equipment and Boilers.

     President McVey made a statement concerning the disposal of
heating equipment and boilers which will be displaced by use of
Central Heating Plant, giving views of Mr. Crutcher and of Dean
Graham as to manner of sale.    Thereupon an order was directed
to be entered in the Minutes, appointing the President, the
Superintendent of Buildings and Grounds, and the Dean of the
Engineering College a committee to determine the manner of dis-
posal and to dispose of heating equipment and boilers, subject
to requirements of State laws.


     17. Fees at Women's Residence Halls.

     The President presented the following letter from the Dean
of Women:

                                     February 13, 1937

     My dear President:

     At the beginning of the depression, we reduced the
     residence hall fee from $280 to $260 a year.    I
     feel that the time has come when we can conveniently
     raise it to the former level,

     For the last few years, we have offered a great deal
     of additIonal service, such as linens and additional
     cleaning.   This means that we have to watch our
     corners very carefully and that it is necessary to
     do without some things which we would sometimes like
     to have.

     If you are agreeable, I shall like very much to have
     you present the matter to the Board of Trustees of
     restoring the residence hall fee to $280.

     Yours very truly,
     (Signed) Sarah G. Blanding
     Dean of Women


15.


     On motion duly seconded and carried the fee for living
in the Woments Residence Halls was fixed at $280.00 for the
college year, quarterly payments of $70.00 each being required
in advance at the beginning of each quarter.       This is to be
effective at the beginning of the college year 1937-1938.


     18. Reports.

     The following reports were received and ordered inserted
in the Minutes:

     a. Campus Book Store.

               REPORT OF THE CAMPUS BOOK STORE

                                     January 1, 1936


         January 1936-June 1936

                              Sales

          January ..     ....^.........    ... $ 2,505.21
          February .....17,502.87
          Miarch..       .. I ,,.               3,147.63
          April ............................. .1,970.33
          Melay.. 2,428.67
          June ....e..                          5,706.23

                                               33,260.94

                       Commission Applied

    Gross Sales Commission            .    ..... $3,326.09
    Exemptions and Deductions                .   ...

         Law Textbooks ..............,..    $     57.03
         American Library    Asso......-           1,58
         Dr. W. W. Jennings   .77.40
         Dr. M. M. White ....................     57.33

                                                            193.34

             Net Cash Return to University             $ 34,33.75

                                 Respectfully submitted:

                       (Signed) James Morris
                                 Manager


16.


b. Flood Relief.

                               February 8, 1937

Dear President McVey:

Report of collections for flood relief is submitted.
It was suggested.that the entire list of donors be
published.   The concensus of opinion, however, seems
that no publication be made.   At. complete list of
donors is on file in the Business Office, subject to
inspection if desired.   Several staff members stated
that they had subscribed elsewlhere, and doubtless the
amount of University subscriptions would be largely
increased could all such donations be taken into ac-
count.

Following is a statement of receipts and disbursements:

                       Receipts

     Collections at Basket Ball game $ 522.67
     Collections from students, stu-
     dent organizations and faculty
     organizations by Miss Blanding   649.77

     Collections from University     2,270.94
     staff, family and friends and
     students                       3,443.38

                   Disbursements

     Individual checks delivered to 0. N.   $ 453.00
     Manning, Treasurer, Red Cross
     Fund checks to C. N. Manning, Treas,.  2#000.00.
     Fund telegraphed to Louisville Flad
     Relief Fund                              502.31 2,955.31

     Balance in University Flood Relief Fund            488.07

                               Respectfully submitted,

                     (Signed) D. H. Peak
                               Treasurer, Flood Relief Fund

c. Athletic Association.


Receipts and Disbursements for January, 1937,


17.


Balance December 31, 1936... $19.073.83

RECEIPTS


Football Broadcasting.  .   ............. 200.00
Football Programs    -... .......... I.. 417.a1
Basketball .                       7,825.43
Faculty             ...               30.00
H. B. Murrayts Cold Check made good.         15.00


            Total Receipts- ...............-  .
Total Receipts and cash balance .....- ..........


8 '  ,438.24
, $27,562.07


DISBURSEMENTS


Football Game Expense *..... .........
Other football expense-...
   Sweaters, etc.
Football Scouting ....-..................
Basketball Game Expense ..............
Basketball Scouting.        ..
Track Expense ..* ... a.................
Labor       ............ *V
Laundry ..... . . - ,        * *..
Salaries *..........
Petty Cash Fund    ..............
Office Expense.     ..........
Publicity ...        ..... -. *.......
Telephone and Telegraph  .       .
Training Room  ....................
Water ,.
Tax ........*.
Boxing ... ..................
Ri fl1eOS.O.O.B.O.        ....e**- *... *. F *@
Conference g.. . ... ............. . .
Insurance            .................


    7.00
  316. 52

  201.98
3,489.74
   36.30
   5.45
   33.44
   147.05
2,400.00
  500.00
  14.30
  190.85
  26. 64
  21.39
  14.88
  89.68
  71.35
  36.54
  238. 50
  13.52


                   Total Disbursements .X .......e.. .  7,855.13

                   Balance January 31, 1937 .... ...l...$9,7O6.94

Note -- First National Bank and Trust Company, $7,925.00
        Due March 30, 1937

    d. Athletic Association.


Receipts and Disbursements for Calendar year 1936.


10.


BALANCE, JANUARY 1, 1936 ..............
  Receipt
    Students' activities - less refunds
    Fadulty .........
    Football .......
    Football programs .................
    Basketball ........................
    Basketball trounament .............
    Track .....
    Tennis ............................
    Boxing .....      .................
    Broa</pre>