Minutes of the Regula.: Quarte-ly Meeting of the Board of Trustees of the University of Kentucky for Tuesday, December 15, 1931. The Boar6 of Trustees of the University of Kentucky met in 2egular quarterly session in the President's office at the Ur'i- ve:rsity of Kentucky, Tuesday, December 15, 1931, at 10:30 a. m. The following maembers were present: Mr. W. C. Bell, Judge Stoll, Mr. Joe B. Andirews, Mr. James Park, Mr. Louis Hillenmeyer, Mr. Robert G. Gordon Mr. E. B. Webb, Mr. James Turner, Dr. W. W. Wash, and Mr. K. i. Cuamins., Meeting with the Board were Frank L. McVey, President of the University, and Wellington Pat- rick, Secretary to the Board. I. Approval of the Minutes. The following resolution re- specting the minutes of the Board of Trustees for September 22, 1931, was offered, seconded, and unanimously adopted. WHEREAS a meeting of the Board of Trustees of the University of Kentucky was held on Sopteraber 22, 1931, to which there was not a quorum present, THEREFORE BT IT RESOLVED that the action of the Board at that meeting be approved by the Board of Trustees of the Universi- ty of Kentucky, and the Minutes of said meeting are adopted as a part of the Minutes of this meeting. The minutes of the Executive Committee for the month of October and November were approved as published. 2. Quarterly Report of President. President M1cVey submitted the following report to the Board of Trustees: A Brief History For nearly seventy years the people of Kentucky have been giving thought and money to the creation of a state university. As early as 1790 the legislature of Virginia made a grant of land for the establishment of a free seminary in Kentucky. Later on the legislature of Kentucky added to this grant and made some provision for the support of the seminary and the purchase of books. This start toward the creation of a public institution of higher education a hundred years ago was given up because of the failure to see the importance of the act of the Virginia As- se-mbly. When the Morrell Act was passed the State of Kentucky en- deavored to make a combination with Kentucky University for the, purpose of establishing a great institution of higher education under the direction of state and church. For fifteen years this plan was followed with increasing dissatisfaction on the