Minutes of the Meeting of the Executive Committee of the University
of Kentucky, March 16, 1962.

          The Executive Committee of the University met in the President's
Office on the campus of the University at 1:40 p.m. EST, Friday, March 16,
1962, with the following members present: Dr. Ralph J. Angelucci, Vice
Chairman of the Board of Trustees, Harper Gatton, Robert H. Hillenmeyer and
Smith. Broadbent,Jr.  Mr. Broadbent was detained by a previous engagement
and entered the meeting at 2:00 p.m. President Dickey was present and, in
the absence of the Secretary, Henry Durham, Administrative Assistant to the
Vice President, Business Administration, served as acting secretary of the
Executive Committee. Also present were Donald L. Sproull, Director of
the Division of Personnel, and members of the press.


          A. Meeting Opened.

          Dr. Ralph J. Angelucci assumed the chair, welcomed Mr. Durham and
members of the press and introduced Mr. Sproull.  He requested Mr. Harper
Gatton to open the meeting with prayer and then proceeded with business on
the agenda.




         B. Approval of Minutes.

         Upon motion duly made, seconded and carried, the minutes of
February 9, 1962, were approved as published.


         C. Financial Report.

         President Dickey explained that, since the Board of Trustees would
meet on April 3, at which time a financial report would be presented, no
financial report would be made at this meeting.




         D. Purchase of Property Approved.

         President Dickey presented the following communication:

                                                     March 8, 1962

  President Frank G. Dickey
  University of Kentucky
  Dear President Dickey:
  Since the last meeting of the Board of Trustees, three pieces of prop-
  erty, located in the immediate vicinity of the campus, have become