M^inutes of the Regular Meeting of the Executive Committee of
the Board of Trustees of the University of Kentucky, Wednesday,
January 19, 1938.


     The Executive Committee of the Board of Trustees of the Uni-
versity of Kentucky met in President -MlcVeyts office at the Ui-ni-
versity, Wednesday, January 19, 1938, at 10:30 a.m.   The members
of the Committee present were Chairman Richard C. Stoll, R. Mu.-
ler Holland and Robert G. Gordon.   President Frank L. Mo.Vey and
D. H. Peak, Secretary of the Board, were present.   The Secreta.-
ry stated that he had received a telephone message from the
secretary of Mr. J. B. Andrews In response to his notice of the
meeting.  His secretary expressed   Anr. Adrews' regrets that ill-
ness prevented his attendance.   The Secretary of the Board was
asked to write fMr. Andrews, expressing best wishes for speedy
recovery.


     1. Approval of Minutes.

     The minutes of the meeting of the Executive Committee of
December 14, 1337, were approved as published.


     2. Financial Report.

     The financial report for Decemaber, 1337, was filed by the
Business Agent.   The report was examined by the Cominittee and was
ordered inserted in the Minutes.


                                             EXHIBIT "B"

             Statement of Income and Expenditures
                     Mlvonth of December 1937



Previously
Reported



           Fiscal
Current    Year
iMonth    to Date



General Fund Income
  Fed. Appro.-Lorrill-Nelson  11,426.66
  Vocational Ed. Board        10,454.f3
  State Aopro,-Sum. SchoQl     8,000,00
  Special Agr. Appro.         10,; 00.00
  State Appro.-General       307,094.39
  Interest on Peabody Endow.
  State Appro.-Repairs to
    Buildings                  4,280.03
  Federal Appro.-Bankhead-Jories7,843.98
  Student Fees               123,687.49
  Student Fees-Summer Sch.    62,318.65
  Student Fees-UH.S.           4,835.00
  Student Fees-El.Tr. School   3,930.00
  Student Fees-Univ. Extension 7,658,33
  "iscelvlieou- Receipts       2,879.64



5,713.33
2 ,:83.1C

2,000.00
11,010.17
   400.00

   7 1. 7
 3,N24. 1
 5,260.86
    64.00
    165.00
    70.00
 1,158.33
 2,867.65



17,132.09
13,438.09
8,000.00
12,000.00
318,104..5M
    400.00

  5,000.00
  11,774.t7
128,948.35
C2,382.65
  5,000.00
  4,000.00
  8,816.66
  51747.29