Minutes of the Meeting of the Executive Committee of the University
of Kentucky, February 19, 1954.


       The Executive Committee of the University of Kentucky met in the
President, s Office at 10:35 a. m. , Friday, February 19, 1954, with the
following members present: Guy A. Huguelet, Chairman; R. P. Hobson,
J. C. Everett, Harper Gatton and Smith D. Broadbent.  Absent: None.
President H. L. Donovan and Secretary Frank D. Peterson met with the
Committee.



      A. Approval of Minutes.

      On motion duly made, seconded and carried, the minutes of the
Executive Committee of January 15, 1954, were approved as published.



      B. Report of the Comptroller.

      The Comptroller submitted financial report for the period July 1,
1953, through January 31, 1954. The report consisted of balance sheet
and related summaries covering the University fund transactions for the
period of seven months.

      The Comptroller also supplied information concerning the insurance
coverage and costs for University property for the fiscal year 1953-1954,
as follows:



Property Assignment



Division of Colleges
Experiment Station Farm
College Amortized Buildings
Motor Vehicles
Robinson Sub-Station
West Ky. Experiment Station
Camp Robinson
Residences & Temporary Bldgs.
Bingham Camp & Dawson Springs



Cert.    Insured
No.      Value



70
71
72
73
74
75
76
77
78



$15,
  2,
  9,



086, 020.00
133, 570. 00
135, 600. 00
84, 200. 00
86, 99 0. 00
96, 780.00
16, 340. 00
147, 382. 00
38, 370. 00



$26, 825, 252.00



  Insurance
  Cost

$38, 139.34
  8, 870.98
  10, 437. 88
    655.68
  1, 188.99
  1, 068. 73
    243. 68
  8, 086. 50
    783.61

$69,475.39