university of illinois - UIHistories Project

186 BOARD OF TRUSTEES [January 16
GRANT FROM FOREST PARK FOUNDATION OF PEORIA
(10) The Forest Park Foundation of Peoria has made a grant of $25,000 to the
University for a three-year study by the Institute of Labor and Industrial Relations
of economic problems of older workers in the Peoria area. Objectives of this study
as agreed to by the Foundation and the University are (a) to identify the problems
of older workers in Peoria and see to what extent they parallel or differ
from the problems of older workers elsewhere; (b) to study solutions which have
been or are being worked out in Peoria with a view toward disseminating information
for possible application elsewhere; and (c) to develop new solutions which
might be tested in Peoria and, if successful, used as a basis for action elsewhere.
The Peoria area was chosen for this research study because the Forest Park
Foundation has already done extensive work on the problems of older people there.
I have authorized acceptance of this offer and request confirmation of my
action.
On motion of Mr. Swain, the President's action was confirmed.
GEHRMANN LECTURESHIP IN MEDICINE
(11) In 1924 Mrs. Albertina Gehrmann bequeathed to the University $10,000 to
establish a lectureship in the College of Medicine in honor of the late Dr. Adolph
Gehrmann who was Professor of Bacteriology and Hygiene in the College of
Medicine from 1894 until his retirement in 1918. Mr. Felix Gehrmann, son of
Dr. Gehrmann, has now offered the University $30,000 par value State of Illinois
Service Recognition bonds Series A, bearing an interest rate of i|4 per cent and
maturing May 1, 1972. Attached to the bonds are undipped coupons from May
1, 1951, to date, with a value of $3,150. On the date of the gift, November 8, 1956,
these securities had a market value of $25,080. This gift is to be added to the
original Gehrmann Lectureship Fund, and I have accepted it on behalf of the
University.
The First National Bank of Chicago and officials of the Chicago Professional
Colleges have recommended, in view of the present state of the bond market, to
retain these securities for the present. The Vice-President and Comptroller concurs
in this recommendation.
Approval of the retention of these securities and confirmation of the acceptance
of the gift are requested.
On motion of Mrs. Watkins, the President's action was confirmed.
DAVID J. DAVIS FELLOWSHIP IN PATHOLOGICAL SCIENCES
(12) The University has been given $25,000 to establish in the College of Medicine
the David J. Davis Fellowship in Pathological Sciences. Provision for this
fellowship was made by the late Myra Jones Davis (Mrs. David J. Davis) in
her will under a trust agreement with the State Bank and Trust Company of
Evanston, Illinois. Dr. Davis was Professor of Pathology in the College of
Medicine from 1913 and Dean of the College from 1924 until his retirement in
1943. He died on December 19, 1954. His interest in the field of medical history
led to the establishment of an endowment, through gifts from many friends, of a
D. J. Davis Lectureship in Medical History.
The terms of Mrs. Davis' gift were chosen to permit wide latitude in the
subject of study and choice of individuals, and reflect the broad interest of Dr.
Davis in the pathogenesis of disease during his earlier years on the faculty and
the continuous concern for the development of his students. The terms also permit
the use of the principal as well as income to accomplish best its purpose.
I have authorized acceptance of this gift to be used as indicated above and
request confirmation of my action.
On motion of Mr. Nickell, the President's action was confirmed,
and the Secretary was requested to send to representatives of the
family of Dr. Davis an expression of appreciation on behalf of the
Board for this gift.
GIFT FROM THE MAGNAVOX COMPANY
(13) The Magnayox Company, Fort Wayne, Indiana, through its President, has
presented the University seven television sets for the use of students and mem-