Minutes of the meeting of the Executive Committee of the
.Hoard of Trustees, University of Kentucky, for Friday, March 7,
924.



     The Executive Committee of the Board of Trustees, University
f Kentucky, met in regular monthly session in the President's of-
-fice at the University on Friday, March 7, 1924, at 11:30 a. m.
The following members were present: Robert G. Gordon, Richard C.
Stoll, and Senator H. M. Froman.   Frank L. McVey, President of
the University and Wellington Patrick, Secretary of the Board,
were also present.

     1. Supplementary Contract for Basketball Building.    President
McVey presented to the Committee the matter of the Basketball
Building, stating that the contractors had been unable to dispose
of the notes executed anla signed under previous agreement with the
Doard.   The matter -;-- iscusses at length, and The following
resolution was offered, seconded, and unanimously adopted:

     Be it resolved, That the Chairman of the Executive Committee
be and he is hereby authorized and directed to execute a contract
in the following terms.   (The wording of the contract was author-
ized in the following form and subsequently executed in the same
form.)

        THIS SUPPLEMENTAL AGREEMENT between the Blanchard-
   Crocker Company, a corporation, whose principal office is in
   Lexington, Kentucky (hereinafter sometimes called "Contrac-
   tor") , party of the first part, the Alumni Association of
   the University of Kentucky (hereinafter sometimes called the
   7"Owner"), party of the second part, the Athletic Council of
   the University of Kentucky, (hereinafter sometimes called the
   "Athletic Council"), party of the third part, and the Uni-
   versity of Kentucky, party of the fourth part,

                        Wi I T N E S S E T E:

        WHEREAS, the parties hereto entered into a contract, in
   writing, dated December 22, 1.923, covering the construction
   of a building upon the property of the University of Kentucky
   called the Basketball Butilding' and.

        WHEREAS, the terms of that contract provide for the ex-
   ecution by the Alumni Association and the Athletic Council
   of promissory'notes aggregating in principal amount approxi-
   mately $30,000; and

        WHERFAS, the Contractor has represented that he has been