<pre style="white-space: pre-wrap">xt7q2b8vbf9x https://exploreuk.uky.edu/dips/xt7q2b8vbf9x/data/mets.xml Lexington, Kentucky University of Kentucky 19270721 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, 1927-07-jun21-ec. text Minutes of the University of Kentucky Board of Trustees, 1927-07-jun21-ec. 1927 2011 true xt7q2b8vbf9x section xt7q2b8vbf9x 


                    UmIVERSITY OF KENTUCKY
                          LEXINGTON


     Minutes of the Meeting of the Executive Committee of the
Board of Trustees of the University of Kentucky, Tuesday, June
21, 1927,

     The Executive Committee of the Board of Trustees of the
University of Kentucky met in President McVey's office at 11:30
a. m., Tuesday, June 21, 1927.   The members present were:
Chairman)R. C, Stoll, R. G. Gordon, Frank McKee and McHenry
Phoads; President F. L. McVey and Acting Secretary D. H. Peak,
meeting with the committee.

     The minutes of the meeting of May 18, 1927, were approved
as published.

     1. Reports of the Business Agent.   The report of the Busi-
ness Agent for the month of Mtay was approved and order was made
to incorporate it in the minutes.


Statement of Income and Expenditures
          Month of May 1927


                          Previously
                          Reported
General Fund Income
   Federal Appropriation  42,750.00
   Vocational Education
      Board                5,231.84
   State Appropriation
      Girls' Dormitory    75,000.00
   St ate Tax            752,588.08
   Interest on Liberty
      Bonds                1,700.00
   Interest on Endowment
      Bonds                8,644.50
   Student Fees          101,858.30
   Student Fees-Summer
      School              28,866.69
   Student Fees-Vet.Bu.      258.56
   Student Fees-UnivH.S, 4,094.10
   Student Fees-Univv Wxt  12,810.82
   Miscellaneous Receipts  7,274.07
   Rentals                 7,956r 00
           Total      1,049,032.96


Current
Month


41,039964


   317.79


 1,195.75
   588.07
   145.00
43,286,25


EXHIBIT "uB"

    Fiscal
    Year
    To Date

    42,750.00

    5,231.84


75,000.00
793,627.72

  1,700.00

  8,644.50
102,176.09

28,866.69
    258.56
  4 094.10
  14,006.57
  7,862.14
  8,101.00
1,92,319. 21


Expenditures
   Instructi on
   Administration Expense
   and Maintenance
   Additions and
   Betterments
           Total
   Excess of Income over
   Exp,)enditures


     112
 Proviously
 Reported

 185, 827.88

-7 8906. 09
894, Y84. 65

1547 248.31


Currcnt
Month
62'E7Uo7~

17,655.24

5,145 28
85,671.31

(42, 3850 (6)


Fiscal
Year
To Date
594,021.47

203, 483.12

182,951.37
980,455.96

111, 863.25


Patterson Hall ILcome
   Board                    57, 079. 42
   Miscellaneous               133, 36
   Room Rent - Summer School 3,443.50
            Total           60.656.28


Expendit ures
   Expense
   Additions and
     Betterr.ments
            Total


44, 216. 48

1,531.94
45,748.42


  Excess of Income over
  Expenditures            14,907. 86
General Fund Income      1,109, 89.4
General Fund Expenditures 940,533.07
  Excess of General Fund
    Incomle over Expendi-
    -tures.                169,156.17

    Excess of Expenditures
    over Receipts for
    General Ledger Accounts  6,863.71

    Excess of Rco.ipts over
    Expcnditures for thc
    fiscal year to date-
    Gcneral Fund          176,019.88


(5,033.23)
43, 374.25
90, 02. 54


(47,418.29)


    9,874.63
1,153,063.49
1, 031,325. 61


  121,737.88


    (11216.6)  _-(4,953.15)


(59, 235.15)    116,784.73


Excess of Rcceipts over
  Expendituxes for the
  fiscal year to date -
  General Fund
Cash in Bank July 1, 1926 - General Fund
Ca~h in Bank Miy .31 1927 - General Fund


116, 784.73
(26,845. 54)
89.039. 19


88.00


88.00


5,121.23


5,12123


57,167, 42
  133.36
3,443. 50
60, 744e 28


   49,337e 71

   1,531. 94
.  5 050,869. 65


Tr.ust Fund Income
  Student Loan Fund
  Student Notes Paid
        Total Receipts

Expenditures
  Expense
  Student Notes
          Total


  30
Previously
Ronorted
1,283.48
G@ 027.16
7, OF10.64


   471. 85
 7, 534.00
 8,005. 85


Current
M-onth
  134.11
1, 001. 04
151


   50.00
   7 74-5.00
   795. 00


Fiscal
Year
T-3 Date
1,417.59
7,028.20
   79

   521.85
 8,279.00
 8,800.85


Excess of Exnenditures
over Receipts


(695.21)     340.15


Excess of Expenditures over Receiots for
  the fiscal year to da'te - Trust Fund
Cash in Bank July 1, 1926 - Trust Fu-nd
Cash in Bank May 31, 1927 - Trust Fund


Experiment Station Income
Hatch - Federal
  Appropriation
  Milk and Butter - -Crash
  Receipts
  Beef Cattle Sales
  Dairy Cattle Sales
  Sheep Sales
  Swine Sales
  Poultry Sales
  Farm Produce Sales
  Horticultural Sales
  Seed Test
  Rentals
  Miscellancous
  Fertilizer - Fees
  Public Service - State
  Appropriation
  -Phblic Service - Misc.
  Fecding Stuffs - Pecs
  Adams - Fedcral
  Ap;?ropriation
  Seru - Sales
  Scrum -n Virus Sales
  Serum - Live Stock Sales
  Serum - SupDly S'aics
  Serum - Miscellaneous
  State Appropriation
  COaoamery-L License Fees
  Croazery - Tc steis
  Licenaee
  C:-earacry - Glassware
  Tcsted
  Robinson - State
  Appropriation


15,000.00

12,875.21
1,991.47
   860.34
   919.40
 4.296.37
 3,025.37
 3,804.28
 1,698.43
   192,00
 3,436.67
 2,951.74
 268796.25

 7,500.00
    35.85
40,524.26

15,000.00
11,574.04
   477.95
   278.00
   270.1'
   163.88
37,066.55
4,713.00

1,516.00

   546.75


1,278.80

   35c00


 144,05
 472.03
   36. 68
   3.00
   335.66
   15.00
 7 212. 50


 3,077.11


 1, 360.06
    56.55
    80.80
    4 2.95
    5.75

    59.50

    128.00

    68.48


7v736. 81


15,000.00

14,152.01
1,991.47
   895.34
   919.40
 4,296.37
 3,169.42
 4,276.31
 1,735.11
   195.00
 3 ,772.33
 2,966.74
 34 008. 75

 7,500.00
    35.85
43,601.37

15e000.00
12,934.70
   534. 50
   358.80
   313.06
   169.63
37, 066.55
4, 772. 50

1, 644.00

   615.23

 7, 736.81


W. Ky. Sub Station - State
   Appropriation         13,987.83


13,987.83


(355. 06)


   (355. 06)
   92.88
( _362.18)


                            4.
                        Previously
Purnell - Federal       Re-orted
Appropriation           30s000.00
State A-Dpro. - Patterson
Farm Purchase           25,000.00
            Total      274,239.16


Current
Month


14,409.92


Fiscal.
Year
To datc
30,000.00

25,000 00
288, 49.08


Expenditures
ExDense                265,950.25
  Additions and Betteri-.  8
    ments                  41.882.64


Total


Excess of Expenditures
  over Income


307,832.89

(33,593.73)


26,613.23

   119.74
26,732.87


(12,323.05)


292,563.48

42,002.38

3 2 95618 L368

(4=5,916. 78)


Excess of Expenditures
  over Income for the
  (fiscal year to datc - Exrcrim.ent Station
Cash in Bank July 1, 1926 - Experiment Station
Cash in Bank May 31, 1927 - Experiment Station


(4$;918; 78)
25,933.68
(1- 983.103


Extension Division Income
  Federal Smrith-Lever
  Federal Supplementary
  State Smith-Lever
  County and Other
              Total

Expenditures
  Expense

  Excess of Expenditures
    over Income


152,241.30
45,100.93
38,082. 6
  3,706.58
239, 131 27


272,519.64


(33,388.37)


   50.00
   50.00


25,559.13


(25,509.13)


152, 2413-30
45,100.93
38,082,46

239,181.27


298,e78.77


(58,897. 50)


Excess of Expenditures over Income for
  the fiscal year to date - Extension Division
Cash in Bank July 1, 1926 - Extension Division
Cash in Bank May 31, 1927 - Extension Division


( 58,897.50)
3 977.49
..(54s.0  l


Summary
General Fund Income
  Trust Fund Income
  Experimcnt Station '
     Incomc
 Extension Divi"uL
     Income
              Total


1,109,689.24
    1,283.48

  274P239.16

  239,131,27
1,624,343. 15


43,374.25
   134.11

14,409.92

    50.00
5796.2


1,153,063.49
    1,417.59

  288,649.08

  239,181,27
1,382,311.43


pevl cdsly
RenortFd


Gene ral Fund
Exipenditures
Trust Fund
Expendituros
Experiment Station
  Expendi tures
Extension Division
  Expenditures


         940, 53 07

             471, 85

         307,852.89

         272,519.64
Total  -g-S2,1, 357.X45


Cu.- rcnxt
Ybffthl


90,792.54

     50.00

 28, 732.97

 25. 559.13
W;~-134. 64


Fi s ogl
Yca.r
To Date


    ,521r85

334,565.86

298.0 8. 77-
~~ 492.09O


Excess of Income over
  Expenditures


102,985.70


(85,1660.36)


Excess of Expenditures over
Receipts for General Ledger
Accounts

Student Loan Fund - Notes


6, 863.71  (11,816.86)


( 1. 506. 84)


256. 04


( 4l, 953. 15)

(1, 250,80)


EXCesS Of Receipts over Exponditures
  for the f scal year to date -
  Co-mbined Fund           108.135-44;


i7    9_7


Excess of Reoceipts over Expoirdi'GUTCS 'Or
  the fiscal yoar to date - Combined Fund
Cash in Bank and on hand July 1V 1926  Combizned Fund
Ca:,L in Bank and on hand May 31, 1927 - Combined Fund


11 ,159  
515.51


Abstract of item sho'vn onl Stat-ement
of Income and  xpenciUturcs as "Excess
of Expenditures over Roccipts for
General L;dger Account s$B4,952.15.11


Accounts Receivable

Insurane' Paid in Advance

Sunda- Accounts


Debit


3, 536. 91

28,442.64

31, 9799 55

27. 026. 40


4, 953.15


17,819.34


l12 61539,


Crodit
2 7,026.0


27, 026. 40


    The Business Agent also reported the condition of the Greater
Kentucky Campaign Fund and that Report was ordered incorporated in
the minutes.

            REEPORT OF GREATER KENTUCKY CAMPAIGN FUND
                      AS OF JUNE 21, 1927


Borrowed from Louis des Cognets Co.
Borrowed from Memorial Bldg0 Fund
Collections on pledges received by DoHr Peak


                Disbursements

Stadium
Expense
Cold Checks
Student Loan Fund
Patterson Memorial Fund
Memorial Building Fund Notes
Louis des Cognets Notes


$30,O0000
  50,000.00
  68,424,81_
4148,5424 81


0102,, 26565
  4 ,082,37
      68,40
   3,686,05
   4,D94le 1.05
   24,500.00


                 381,29


     2, It was ordered that an amount not to exceed $7500,00 be
appropriated for the purpose of making necessary repairs ad
alterations at Mechanical Hall under the direction of the Depart-
ment df Buildings and Grounds,

        Construction of the new recitation building, the Memorial
Building, changes in the Observatory and other building matters
were discussed and further action deferred pending developments
and subject to previous orders,

     3, The action of the Executive Committee at its meeting of
March 16, 1927, ordering the cancellation of liability insurance
policy and withdrawal of the University from the operation of the
Workman's Compensation Act, was reconsidered.   It was ordered on
motion and second that the action at t he meeting referred to be
rescinded and that the liability insurance policy be renewed for
one year.

     4, It appearing that the horse owned and used on the campus
has become useless from age arinfirmities, it was ordered that
a horse suitable for the purposes required on campus be purchased
at a reasonable price,


                             . 7.

        It was further ordered chat an investigation be made as to
requirements and price of a power spraying machine for use on the
campus, and that one be purchased L if the price be reasonable and
within bounds.

     5. The bills of Johnst-on andY i lecy for legal services in
connection with Patterson :-a1 allme,  502.00; City ordinance
closing street and extending Haryrison Avenue, $150.00; examination
of title of Minnie P. Weaver property, $52.25 and examination of
title of Ella L. Veach property, $52.00, amounting to a total of
$756.25 were approved and ordered paid.

     6. Action on request of E. W. Savage to tap gas line running
through Experiment Station farm was defTrred indefinitely pending
report on the situation.

     7. A report of the Patterson Mlemorial Committee was received
and filed.

     8. Reference was made to the financial condition of the 1926
Kentuckian on request of the creditors. From a resort filed by
the Auditing Committee of Student Organizations, it appearing
that a large deficit exists in obligations to printing and en-
graving firms, it was the unanimous opinion of all present that
the University is in no way liable for payment of such obligations.

     9. Appointments and Reslgmations:

        College of Lar: The resignation of H. J. Scarborough,
professor in -he College of Law, to be effective at the end of
summer school, was accepted.   The fL illing of vacancies in the
staff of the College of Law was taefe^Lred to President McVey
pending the next meeting of the Committee.   Roy Moreland was
advanced to professor of law.

        College of Education: The resignation of Dr. Lynn B.
McMullen, professor in the Colle!s e of Education, to becoz.e
president of. Billings Normal School wras accepted.

        Ralph Woods was granted leave of absence for one year
without pay.   The College of Education, at a later date, is to
be allowed to name two men on part timo basis to take up the
work of Mr. Bratcher and Sir. Woods.

        Miss Ada T nighton Lee was employed as part timc critic
teacher in the University High School at a salary of 1850.00 per
year, to be paid from vocational teachers training funds.

        The part salary paid by the University of Kentiucky from
vocati:nal teacher training funds to Miss Ronella Snickard, critic
teacher at Versailles High School, was increased from 'l ,i300f00 to
'$1700. 00.


8.


        The part salary paid by the University of Kentucky from
vocational teacher training funds to Blviss M-ary Adams, critic
teacher at Georgetown High School, w-as increased from $1000 to
$1100"

         College of Arts and Sciences:  Roy V. Sherman, University
bf Iowa, was appointed as3istant -professo in the department of
Political Science at a salary of t2000 per year.

         Ivan H. Brune was appointed graduate assistant in the
department,-of mathematics at a salary of $C00 per year.

         E. Ra Pfeiderer was appointed to an assistath.p in the
department of Psychology at a salary of $600 per year.

         D. A. Vandenbosch was promoted from assistant professor
to associate professor in the department of Political Science.

         Professor A. M. Miller, emeritus professor of Geology
and acting head of the department of Geology, was given the title
of Emeritus Professor of Geology; and Professor A. C. McFarlan
was promoted from acting head to head of the department of
Geology.

          Miss Pansy M. Mlyers was appointed Assistant Cataloguer
in the University Library at a salary of $1500 a year on twelve
months basis.

         Mrs.. Ruth Lee was appointed stenographer in the
Registrar's office at a salary of $80 per month, effective
June 1, 1927.

          The salary of Mrs. Ruby Murphy, employed in the Depart-
ment of University Extension, was increased from $1100 to $1200
per year,effective July 1, 1927.

          College of Aariculture: The transfer of Gordon B.
Xance, College of Agriculture, from the position of county agent
in Campbell County to that of Field Agent in Markets, E.-xteion
Division, College of Agriculture, effective May 25, 1927 at a
salary of $2600 per year, was approved.

          Dr. A. M. Peter, having been automatically retired as
head  of the Department of Chemistry, Experiment Station, under
ruling of the Board of Trustees, Dr. J. S. McHargue was appointed
acting head of the J-d-axrtment, effective July 1, 1927

         Dr. G. Davis Buckner was promoted from the position of
chemist in Experiment Station to the position of head of the
research work in the Department of Animal Husbandry, txperiment
Station, effective July 1, 1927.


                             9.

       R  The rcsignat~ni of J. a; keener, head of the Deopartnent
o Daitying in the College &f .icuiCe and Experiment Stati-n
was accepted, effective Februa-y 2L, 1927.

                                  Respectfully submitted,

                                      DX H. Peak
                                      Acting Secretary


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