Minutes of the Meeting of the Executive Committee of the Board
of Trustees of the University of Kentucky, November 17, 1950.


     The Executive Committee of the University of Kentucky met in the
President's Office at 10:30 a.m., Friday, November 17, 1950.    The fol-
lowing members were present: Guy A. Huguelet, Chairman; H. D. Palmore,
J. C. Everett and R. P. Hobson.   Absent:  Harper Gatton.    President
H. L. Donovan and Secretary Frank D. Peterson met with the Committee.


     A. Minutes Approved.

     Upon motion duly made, seconded and carried, the minutes of the
Executive Committee of October 25, 1950, were approved as published.



     B. Report of the Comptroller.

     The Comptroller made the usual monthly report, with balance sheet
of University funds as of October 1, 1950, together with operating
statements of fund and budget operations for the period of three months
ended on that date.

     The report was examined, and upon motion duly made, seconded and
carried, ordered received and filed.



     C. Budget Changes.

     President Donovan submitted a list of budget changes, aggregating
a net increase of $45,142.81.   He explained that most of these changes
represented debits and credits of funds, that $45,000 of the net increase
represented an appropriation from the State Agricultural and Industrial
Development Board, and,for budgetary purposes, the authorization of
the Committee is necessary.

     He also stated that the Libraries had been called upon to do pho-
tographic work for other libraries, for which the University had re-
ceived $186.17, and that he recommended that this amount be reappro-
priated to the Libraries.

     The members heard the recommendation of the President, and upon
motion duly made, seconded and carried, approved the budget changes as
recommended, and directed that the supporting data be filed.



     D. Fiscal Agent Employed.



Comptroller Peterson reported that, with the approval of the Board