university of illinois - UIHistories Project

302 BOARD OF TRUSTEES [March 12
ELECTION OF PRESIDENT PRO TEMPORE
The office of President of the Board being vacant, Mr. Nickell took
the chair and called for nominations of a President, Pro Tempore.
Mr. Swain nominated Mr. Bissell. There being no other nominations,
Mr. Bissell was elected President, Pro Tempore of the meeting
and took the chair.
ELECTION OF OFFICERS
Mr. Bissell called for nominations of officers of the Board.
Mr. Johnston nominated the following: President, Mr. Park Livingston,
Secretary, Mr. A. J. Janata, Comptroller, Mr. H. O. Farber,
each for a term of one year; Treasurer, Mr. C. W. Wei don, for a
term of two years.
On motion of Mr. Hughes, the nominations were closed.
On motion of Mr. Herrick, the Secretary was instructed to cast
the unanimous ballot of the Board for the election of the above named
officers: Mr. Livingston, Mr. Janata, and Mr. Farber to serve until
the second Tuesday of March, 1958 (March 11, 1958), or until their
successors have been elected and qualified, and Mr. Weldon to serve
until the second Tuesday in March, 1959 (March 10, 1959), or until
his successor has been elected and qualified, in accordance with the
statutory provision of a biennial term for a Treasurer.
ELECTION OF EXECUTIVE COMMITTEE
Air. Nickell nominated Mr. Johnston and Mrs. Watkins to serve, with
the President of the Board as Chairman, as members of the Executive
Committee for one year.
Mr. Swain seconded these nominations. There being no further
nominations, Mr. Johnston and Mrs. Watkins were elected as members
of the Executive Committee to serve until the next annual meeting
of the Board of Trustees, or until their successors have been elected.
TREASURER'S BOND
On motion of Mr. Johnston, the amount of the Treasurer's bond was
fixed at $6,000,000.
On motion of Mr. Nickell, the Finance Committee was instructed
to see that the Treasurer presents a satisfactory bond, in the amount
specified above, and to report it to the Board.
AUTHORITY TO RECEIVE MONEYS
Mr. Herrick offered the following resolution and moved its adoption:
Resolved, that the Treasurer of the Board of Trustees of the University of Illinois
be, and he hereby is, authorized to receive and receipt for all moneys, and to
endorse all orders, drafts, and checks due and payable to the Board of Trustees or
to the University of Illinois, and especially all drafts drawn by the Treasurer of the
United States payable to the Board of Trustees or the University of Illinois.
This resolution was adopted by the following vote: Aye, Mr. Bissell,
Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston,
Mr. Nickell, Mr. Swain, Mrs. Watkins; no, none; absent,
Governor Stratton, Mr. Williamson.