Minutes of the Meeting of the Executive Committee of the Board of Trustees,
January 24, 1958.


       The Executive Committee of the University of Kentucky met in the Pres-
ident' s Office at 9:45 a. m. , CST, Friday, January 24, with the following mem-
bers present: R. P. Hobson, Harper Gatton, Louis Cox and J. Stephen Wat-
kins. Absent: Dr. Ralph J. Angelucci.  President Frank J. Dickey and Secre-
tary Frank D. Peterson met with the Committee.


       A. Minutes Approved.

       Upon motion duly made, seconded and carried, the minutes of the Execu-
tive Committee of November 15, 1957, were approved as published.


       B. Financial Report.

       Financial report was made by the Treasurer.  This consisted of balance
sheet and related financial statements which covered all fund transactions for
the six months period ended December 31, 1957.  The balance sheet was ex-
amined and members of the Committee being advised, upon motion duly made,
seconded and carried, the financial report was ordered received and filed.


       C. Cooperative Agreement with the United States Department of
Agriculture.

       Mr. Peterson submitted an addendum to the Cooperative Agreement be-
tween the Kentucky Agricultural Experiment Station and the United States De-
partment of Agriculture, through the Agricultural Research Service and Com-
modity Corporation.  He explained that the Agreement was in effect but had
expired December 31, 1957, and the parties desired to extend the closing date
to March 31, 1958.

       Upon motion duly made, seconded and carried, the Agreement was ex-
tended to March 31, 1958.



       D. Agreement with the Department of Economic Development Approved.

       Mr. Peterson submitted Agreement between the Agricultural Experi-
ment Station of the University and the Kentucky Department of Economic Devel-
opment whereby the Experiment Station will conduct research in methods of
swine evaluation and selective breeding that will provide a practical means of
producing meat type hogs in Kentucky, et cetera.  The contract is for the
period ending June 30, 1958, and involves a total of $5, 000. 00. Mr. Peterson
recommended that the contract be approved.