Minutes of the Meeting of the Board of Trustees of the Uni-
versity of Kentucky, June 1, 1951.

     The Board of Trustees of the University of Kentucky met in
the President's Office at 10:10 a.m., Friday, June 1, 1951. The
following members were present: Governor Lawrence W. Wetherby,
Chairman; R. P. Hobson, Carl Dempewolfe, Dr. W. M. Coffee, Judge
Harry F. Walters, Guy A. Huguelet, Harper Gatton, Herndon J. Evans,
J. C. Everett, Mrs. Paul G. Blazer, Paul M. Basham, H. D. Palmore,
and J. Woodford Howard.   Absent; Boswell B. Hodgkin and George
M. Cheek.   President Donovan and Secretary Frank D. Peterson met
with the Board.


     A. Approval of Minutes.

     The minutes of the Board of Trustees of April 3, 1951; and
the minutes of the Executive Committee of May 18, 1951, were ap-
proved as published.


     B. Report of the Comptroller.

     The Comptroller made financial report for the period July 1,
1950, to and including April 30, 1951.   He read the following sum-
marized statement and submitted a detailed report to members of
the Board.