Minutes of the Meeting of the Executive Committee of the Board
of Trustees of the University of Kentucky, March 20, 1942.


    The Executive Committee of the Board of Trustees of the Uni-
versity of Kentucky met in the President's Office at 10:30 a.mo Fri-.
day, March 20, 1942.  The following members were present: Judge
Richard C. Stoll, Mr. R. P. Hobson, Mr. James Park and Dr. Lee
Kirkpatrick.    President Donovan, Comptroller Frank D. Peterson and
Secretary W. Gayle Starnes were also present.


     A. Approval of Minutes.



           1. The minutes of the meeting of the Executive
              Committee of February 20, 1942, were examined
              and on motion, duly seconded and passed, were
              approved.
                        * * * * * * * * * *



     B. ReDort of Comptrollers

     The financial report of the Comptroller was presented by Pres-
ident Donovan.
                        it *  * * * * * i *

           2. On motion, duly seconded and passed, this
              report was ordered received and filed.
                        *.* * * * * * * * *



     C. Robinson Substation Fund.

     President Donovan discussed the manner in which the E. O. Rob-
inson Mountain Fund was to be handled.   He explained that the con-
ditions under which the fund was established provided that, "The
execution of the trust herein provided shall be exclusively under
the control and in the hands of the University with such agencies
or aids as it may see fit to employ."

                         * * * i i * i    * *

           3. On President Donovan's recommendation, motion
              was made, seconded and passed, providing that
              after July 1, 1942, the E. 0 Robinson Mountain
              Fund would be kept in an account separate and
              apart from other University moneys.
                         * *t *# i * * * * i *