<pre style="white-space: pre-wrap">xt7nvx05xv0w https://exploreuk.uky.edu/dips/xt7nvx05xv0w/data/mets.xml Lexington, Kentucky University of Kentucky 19300625 minutes English University of Kentucky Contact the Special Collections Research Center for information regarding rights and use of this collection. Minutes of the University of Kentucky Board of Trustees Minutes of the University of Kentucky Board of Trustees, 1930-06-jun25-ec. text Minutes of the University of Kentucky Board of Trustees, 1930-06-jun25-ec. 1930 2011 true xt7nvx05xv0w section xt7nvx05xv0w 


    Minutes of the regular monthly meeting of the Executive
Committee of the Board o Trustees of the University of Ken-
tucky for Wednesday, June 25, 1930.

     The Executive Committee of the Board of Trustees of the
University of Kentucky tmnet in regular monthly session in the
President's Office at the University on Wedinesday, June 25,
1930, at 10:30 a. in.  The following persons were present:
Judge Richard C. Stoll, J. B. Andrews, and James Park.

     1. The Report of the Business Agent.   The report of the
Business Agent was read and ordered incorporated in the minutes.
The report was as follows:


                                            EXHIBIT "1Al1


               Balance Sheet as at May 31, 1930


                            Assets


Combined Fund
Current and Working Assets
    Petty Cash Account
    Notes and Bills Receivable
    Yotes Receivable - Student Loan Fund
    Accounts Receivarble
    Accounts Receivable - Stadium
    Accounts Receivable - Memorial Bldg.
    Accounts Receivable - Misc.
    Univ. Commons - Fixtures and Supplies
    Campus Book Store - Stock & Fixtures
    Departmental Material and Supplies
        Total Current and Working Assets
  Insurance Paid in Advance
        Total Combined Fund Assets


Endowments, Bequests, Etcc.
     Land Grand Endowment Fund       144,075.00
     Pe-abody.ndowment Fund           40,000. 00
     Crum Bequest                        716.16
     Bennett Bequest                     538.31
     Class of 1917 Chem. Lib. Fund       100.00
     Brent Fund                        1,000.00
     Sullivan Fund                       200.00
        Total Endowments, Bequest , Etc.


2 ,000.00
3,400.00
26,940.18
32,872.46
21, 500.00
66,533.21
9,761.78
14,570.73
54, 001.27
58 000.00
289,579.63-
52.406.85
341, 986.4 


186,629.47


2.


Rcal Estate, Buildings, Equip., Etc.
  Property Accounts as at June
  30, 1929                         3,4
  Addit ions Since                     5
  Real Estate purchased from in-
  vested funds
     Total Real Est..,Bldgs. ,Equip. ,Etc.
     Total


77,474.56
65, 061.72

3S6 200. 00


                        Liabilities

Combined Fund
  Current Liabilities
  Bank Overdraft
  Notes Payable - Patterson Farm
  Accounts Payable
       Total Combined Fund Liabilities


4,078 736.28
4,,607,352.23


8 ,.930..81
50 Ps 0 .00
2,3326.36
79,263.17


Surplus.
   Balance as at May 30, 1930     3,999,006.40
   Add.. to Prop. during Cur. Year   565,061.72
                                   4, 564,068.12


Excess of Budget Expenditures over
Income for the fiscal year to date,
as per Income Statement, Exhibit
11Bl                             35


Total


i,79.06   4,528 ,089*06
          _,607.352.23


3.


                            EXHIBIT "B1"


Statement of Income and Expenditures
        Month of May 1930


                            Previously
                            Reported

General Fund Income
  Federal Appropriation     42,750.00
  Ed. Bldg. - State Appro.   75,000.00
  Ed. Bldg. - Gen. Ed. 3d. 148,347.60
  Spec. Agri. Appro.         30,000.00
  State Tax                871,985.37
  Interest on Liberty Bonds  1,700.00
  Int. on Endowment Bonds    4.,322.25
  Student Fees             134,224.85
  Student Fees - Sum. Sch.   30,661.35
  Student Fees - U.H.S.      4,297.00
  Student Fees - U. Ext.     22,156.92
  Misc. Receipts             15,248.28
  Rentals                     2,637.50
  Men's Dormitories          17.,606.36
  Dairy Bldg. - St. Appro.   61,107.71
  Summer School - St. Appro. 10,000.00
  Vocational Ed, Bd.         12,042.28
          Total           1,490.087.47

Expenditures
  Instruction               723,701.04
  Adm. Expense & Main.      283,865.56
  Additions and Betterments 514,363.29
          Total           1,521,929. 89


Current
Month


Fiscal
Year
To Date


           42,750,00
           75,000.00
           148 t 34r7. 60
           30 p000.00
57,038.32 929,023.69
             1,700.00
 4,322.25    8,344.50
 1,191.33 135,416.18
            36, 61.35
   140.00    4,437000
 1,296.30   23,453.22
   483.87   15,7321.5
   260.00    23897.50
   218.72  17,82 3.08
13,365.13   74,472.84
            10,000.00
            12,042.28
78,315.921L568.403.39


83,945.85 807,646.889
22,837.85 303,703.41
34,150.07 548,513. 36
140 93-377 1,662,863.66


Excess of Expend. over
Income


(31,842.42)


(62.617.85) (104 .460.27)


Patterson Hall Income
Board
Misc. Receipts
  Room Rent - Summer School
          Total


70,501.04
  545. 81
4,421. 00
75.467. 85


121.25    70 ,622.29
23.40       569.21
           4 421.Q0
144. 65   752612.50


Expenditures
  Expense
  Additions and Betterments
          Total
  Excess of Income over
  Expenditures


General Fund Income
General Fund Expend.


55t743. 50
2,013.13
57,756.63


7,235.64    62,979.14
             2.013.. 13
7,235.64   6-4,992.27


17,711.22    (7,090.99)  10,620.23


78,460 .57 1, 641,015.89
1458,1696.5  11  1.727,855.93


11565,555.32
1,579,6-86.52


Excess of General Fund Ex-
penditures over Income
Excess of Expend. over Rec.
for Gen. Ledger Accts.

1928-1929 Acots. Payable
liquidated during Current
Year                     -


(14,131.20)  (69,708.84) (63840.04)


(15,843.73)


(415.406.78)


(14,291.91) (30,135.64)


            (C-5,406. 78)


Excess of Expend. over Rec.
for the fiscal year to
date - General Fund


(75,381.71)


(84,000.75) (1s59382.46)


Excess of Expend. over Rec.
for the fiscal year to
date - Gen. Fund

Excess of Expenditures over
Rec. for the fiscal year to
date - General Fund


(159,382.46)


(159,382. 45)


Cash in Bank July 1, 1929 -
General Fund


72,311.10


Cash in Bank May 31, 1930 -
General Fund


(387071. 36)


Trust Fund Income
  Student Loan Fund
  Student Notes Paid
        Total Receipts

Expenditures
  Expense
  Student Notes
        Total

 Excess of Expend. over
   Receipts


2,327.62
5.963.13


42.63
342.00


8,290.75      384.63


  419.50       44.00
8,366.25      845.00
8,785.75      889,00


(495.00)   _(504. 37 )


Excess of Expend, over
Receipts for the fiscal
year to date - Trust Fund
Cash in Bank July 1, 1929 -
Trust Fund
Cash in Bank Mr!r 31, 1930 -
Trust Fund


2,370.25
62305.13
8,675.38


  463.50
9,211.25
9,674.75


(999. 37)


(999.37)

1.376.51


377.14


5.


Txperiment Station Income
Hatch - Federal Appro.    15 ,000.00
Milk & But--.er - Cash.Rec. 12,092.09
Beef Cattle Sales          5,528.25
  Dairy Cat-itle Sales       19377.43
  Sheen Sna.les             1,303.60
  Swine SPes                 2,367.26
  Poultry Sales              2, 1 8.68
  Farm Produce Scales        4, 200. 41
  Horticultural Sales        2,424.95
  Seed Test                     49.00
  Rentals                    5,747.73
  Miscellaneous Receipts     3,435.93
  Fertilizer - Fees         45 ,146.25
  Public Service -
      State Appropriation
                            16,4--99.97
  Public Service - Misc,        15.00
  Feeding Stuffs - Fees     50,892.38
  Adpns - Federal Appro.    15,000.00
  Ser rum - Sales            2,663.07
        - Virus Sales          151.53
        - Supply Sales         1414.58
    "  - Misc. Receipts         27.97
  State Appropriation       46,043.86
  Creamery - License Fees    5,818.50
        - Testers' Licenses  2,080.00
        - Glassware Tested     618.94
  Robinson - State Appro.   12,552.88
  W. IKy. - State Appro.    14,956.15
  W. Ky. - Misc. Receipts       10.00
  Purnell - Federal Appro. 60,000.00
  State Appro. - Patterson
    Farm Purchase           20,000.00
  Nursery Inspection - St.
    Appro.                   1,9 14.18
  Nursery Inspection - Fees  1,700.00
  Creamn Grading             4,192.85
  Abortion Test              2,038.50
  Co-Op. Poultry             2,410.00
  Apiary Inspection - State
    Appropriation               68.91
                Total      360,893.85

Experiment Station Expenditures
  :xpense                  310,645.87
  Additions & Betterments   14,222.4-2
                Total      324,868.29


1,155.19
   81.00
   225.00


   84.65
   151.17
     1.45
     4,00
  162.67
      .48
11,163.25


1,833.33

3,611.84

   150.05
     9.45
     "0.25

 2,524.98
    48.00
    102.00
    67. 26
 3,697.10
 2,428.96


   256. 74
   35.00

   184, 00


15,000.00
13,247.28
5,609.25
1 602.43
1,303.60
2,337.26
2,503.33
4Y351.58
2,425,40
    53.00
 5,910.40
 3,436.-41
 569309.50


 18,333,30
    15.00
542,504.22
150OO0,00
2,816. 12
   180.98
   154', 83
   27.97
48,568.84
5,866.50
  2,182.00
  386.20
16,249.98
17,385.11
    10.00
60,000.00

20,000.00

  2,170.92
  1,735.00
  4,192.85
  2,222.50
  2,410.00


                68.91
27,987.82  388,881.67


47,209.96  357,855.83
   312.81   14,535.23
47,522.77  372,391.06


6.


Excess of Income over
Expenditures


36,025.56   (  , 53.95)


Excess of Income, over Ex-
penditures foc the fiscal
year to date - Experiment
Station
Cash in Bank July 1, 1929 -
Experiment Station
Cash in Bank May 31, 1930 -
Experiment Station


Ixtension Division Income
   Federal Smith-Lever
   Federal Supplementary
   Federal Capoer-Ketcham
   State Smith-Lever
   County and Other
             Total

Expenditures
   ElxTense

   Excess of Income over
   Expenditures


152,241. 30
54,642.568
37, 291.95
107,330.95
  3,177.40
354 684.16


302,983.84


51,700.32


12,444.55
   115.55
12,560.10


34,796. 80


(22,236. 70)


152,241.630
547,642.56
37,291.95
119,775.50
  3.292.95
367  244,,-. 28


337,780.62


29 ,;-63. 62


1928-1929 Federal Smith-
Lever balance transferred
front Surplus to Income
Acot.                   (3,083.63)


(3,083.63)


26,379.99


Excess of Receipts over
Expenditures for the fis-
cal year to date - 1,xten-
sion Division           48,616.69

Excess of Receipts over Ex-
penditures for the fiscal
year to date - Extension
Division


Cash in Bank July 1, 1929 -
Extension Division


Cash in Bank Ma19.y 31, 1930 -
Extension Division


26,379.09


4,575.21


30,955.20


Sumraary
   General Fund Income
   Trust Fund Income
   Experimernt Sta. Income
   Ext ension Div. income
           Total


1, 535, 55-i. 32
    2,327.32
  360),8 3. 85
  354,384.16
2. 283 .460 * 95


78,4:30.57
     42.63
 27,987.82
 12,560.10
119.051.12


1,64-4015.89
    2,370. 25
  388,881.67
  337 .244.26
2,402,512.07


16,490.61


13,)'1-90.61

30, 317.60

46,'808. 21


7.


CGeneral Fund Expend.   1,579,386.52
Trust Fund Expend.            419,50
Experiment Sta. Expend.   324,868.29
Extension Div. Expend.    302,983.84
        .Lotal          2,207,958,15


1-48,1309.41
     A 741.00
 47,522.77
 34,796.80
 230,532.98


1,727,855.93
      437_3. 50
  372,391.06
  337-780.64
2.433i- - 1.13


Excess of Expenditures
  over Income


75,502.80


(111,481.86)


Excess of Expenditures over
  Receipts for General Ledger
  ACccounts               ( 8,927.363
Student Loan Fund - Notes  (2,403.12

1028-1929 Accounts Payable
liquidated during Current
Year                     (45_,406.78)


(415,4106.78)


Excess of Expenditures over
Receipts for the fiscal year
to date - Combined Fund    8,765.54

Excess of Expenditures over
ReceiDts for the fiscal year
to date - Combined Fund


(126,276.77)


Cash in Bank and on hand July 1,
1929 - Coyabined Fund


Cash in Bank and on han~d May 31,
1930 - Combined Fund


        Abstract of iterrm shown on Statement of
        Income and Expenditures as "Excess of Zx-
        penditures over Receints for General Led-
        ger Accounts S33,219.27."


                                  Debit


Accounts Receivable


Insurance Paid in Advance

Sundry Accounts


Surplus


5,744.08

48,128.35

3,083.63

57,256.06

24,033.79
33,219.27


110,580.42


3 .30 * 81


Credit


24,0306.7


24,038.79


(1_l 291 W
    503: 00


(337210 27
(2,20'06:12


8 .


                                EXHIBIT "C"'

Statement of Receipts and Disbursements
            May 31, 1930


Cash in Bank and on hand April
   Treasurer - General Fund
   Treasurer - Trust Fund
   Treasurer - Zxperiir.ient Sta.
   Treasurer - Extension Div.
   Petty Cash
                 Total Cash


Prev iouslz
Reported

30, 1930


              Fiscal
y  Current    Year
   Month      To Date


 ( 3z070. 61)
    881.51
 66,34o3.16
 53,191.90
 2,000.00
 119,345.96


Receipts
   General Fund Income         1
   Trust Fund Income
   Trust Fund - Student Notes
   ExperTiment Station Incorme
   Experiment Station Income
   General and Sundry Ledger
             Total Reccip t6s  2
             Total

Expoenditures
  General Fund                  1
  Trust Fund
  Trust Fund - Student Notes
  Experiment Station
  Extension Division
  Accounts Payable
  General and Sundry Ledger
          Total Expenditures 2

Cash in Bank and on hand may
    31, 1930
  Treasurer - General Fund
  Treasurer - Trust Fund
  Treasurer - Experiment Sta.
  Treasurer - Extension Division
  Petty Cash
          Total Cash
          Total


,565,555.32
  2,327.62
  5,963.13
360,893.85
354,6841.10
315,842.46


78,460.57
   42.63
   342.00
27,987,82
12,560.10
10,506.53


1,3-4l-,015.89
   2,370.25
   3,305.13
 388,881.67
 3S7,244.26
 326.348.99


.605,266.51 129,899.65 2.735,166.19
            249,245.61


,579,686.52 1-'8,169.411,727,855.93
    419.50      44.00      463.50
  8,386.25     845.00    9,211.25
32- !,808e.29 47,522.77  372,391.06
302,983.8-  34,796.80  337,780.64
45,4-06.78              4-5 ,406. 78
334,769.82  24I798.44  35SI568.26
,593,501.00 256,173.422.852,677. 2


(87,071.36)
     377.14
  46,808.21
  30,955.20
  2 000 00
(o.930 81)
2-19.245. 61


Excess of Expenditures over
  Receints for the fiscal year
  to date
Cash in Bank and on hand July 1,
1 P9


Cash in Bank and on ha.nd Miay 31, 1930


(117,511.23)


(6.930.81)


7.        ---   -


.605.266.5 129.89 .65 Z735.166.19


9.


     2. Maxwelton Park.   Dr. MCarion M. Miller appeared before
the executive Cormmittce and m-ade a statement relative to the
property in Maxwelton Court, known as Kaxwelton Park, which was
deeded to the University by the late Professor Arthur N. Miller.
No action was taken regarding the statement and the matter was
taken under consideration for future action.

     3. Borrowing of Money.  The following resolution was made,
seconded and carried: That the Chairman of the Executive Corm-
mittee and the Business Agent be authorized to borrow from time
to time, or at any one time, to provide for current maintenance
of the University and to carry on construction work now under
operation, such sums as ma.y be necessary not to exceed 1300,000.

     4. Purchase of Oldfield Property. In accordance with pre-
vious authorization, the Business. Agent purchased the Oldfield
property. on Graham Avenue.  A motion was made, seconded, and
carried that the purchase be approved and the deed be ordered
recorded.

     5. Operation of the New Training School.   The following
communication from J.0. H-. Simrall, Business Director of the
Lexington Public Schools, was read and ordered incorporated in
the minutes.


                                   June 12, 1930


     Dr. Frank L. McVey, President
     University of Kentucky
     Lexington, Kentucky

     My dear Sir:

     At a meeting of the Board of Education of Lexington,
     Kentucky, held June 12, 1930, a resolution was passed
     as follows:

     "That, in order to relieve the crowded condition of
     the grades at M'1axwell School, (and probably Ashland
     School), and the two Junior High Schools,and with a
     desire to aid the University of Kentucky with the ex-
     pense of running the Training School, the Board of
     Education contribute one thousand two hundred and
     fifty dollars ($1,250.00) per year to the salaries of
     nine teachers, as follows:


     Kindergarten, First Grade, Second Grade, Third Grade,
     Fourth Grade, Fifth Grade, Sixth Grade, Seventh Grade,
     and Eighth Grade.

     And that, in consideration of the above, the Board of
     Education be allowed to send such children as it may
     designate to the Training School.   These children
     not to exceed in number tienty-five to each of the
     above grades. "

     I hope this will meet with the approval of the Universi-
     ty,

                                  Very truly yours,


                                    J. 0. H. Simrall
                                    Business Director

     After discussion, a motion was made, seconded, and carried
that.the University accept the proposal made by the Lexington City
Board of Education as the basis of understanding for the coming
year.

     6. Construction of Observatory.  The question of recon-
struction of the University's observatory which has been under
consideration for some time was presented to the Committee by
President McVey.   After discussion, a motion was made, seconded,
and carried authorizing the President of the University to call
for bids and enter into a contract for the erection of the
building.

     7. Repairs to Patterson Hall.  President McVey indicated
to the Committee that certain repairs needed to be made at
Patterson Hall, and a motion was made, seconded, and carried
authoriizing the repairs to be madc.

     8. Grading. President McVey indicated that it would be
necessary to do some grading work at the Teacher Training Build-
ing and also at the men's dormitories.   A motion was made,
seconded, and carried authorizing the grading to be done.

     9. The Purchase of Land at the Experiment Station.   At a.
previous meeting of the Board it was authorized that a tract
of land adjoining the Experiment Stat ion be purchased in order
tO straighten the line.   President MeVey reported to the Con-
mittee that tis purchase had been made.   The tract of land
consists of 21,43 acres at a cost of '15,O01.   The transaction
has been completed and the deed recorded in deed book 283,
page 511,


                              lI.
     10. Camxus Book Store. The Cawnus Book Store Committee
which has been making a study of the organization for some time
made a report of progress.   President McVey indicated that the
final report would be made in the near future.

     11. Mr. Crutcher's Services at the State Capitol. The
following communication from Governor Flem D. Sampson was read
and ordered incorporated in the minutes:


                                       June 20, 1930

     President Frank L. McVey
     University of Kentucky
     Lexington, Kentucky

     Dear President ecVoy:

                          The Sinking Fund Commission finds
     it necessary to make some repairs upon the dome of tihe
     State Capitol, and Maury L. Crutcher, Superintendent of
     Buildings at the University, has made an investigation
     of conditions of the dome and is advising us.   We need
     his assistance in the work in keeping us advised of the
     needs.   We hope you will consent for him to give us a
     little time here at the Capitol in this work.

                                    Yours truly,


                                         F. D. Sa2npson.

     After discussion, a motion was made, seconded, and carried
that Mr. Crutcher's services be made available for this purpose.


     12. Appointments.   The following list of appointments, and
changes in status was recommended by President McVey, and on
motion duly seconded and apnroved.

     Appointment of Nicholas willians as office assistant in-
the English Department for six weeks at a salary of 140 a month.

     Appointment of Howard 0. Matson as instructor in Agricultu-
ral Engineering and Field Agent in Agricultural Engineering: at
a salary of !?2400 a year, effective July 1, 1930.

     Appointment of Miss Jean Allen Gibbs as assistant in the
Department of Art for the year 1930-31 at a salary of 1=00.


12.


     Appointment of Miss Mary Elizabeth Hanson as assistant in
the University Library at a salary of $1300 a year on a twelve
months basis, effective September 1, 1930.

     Appointment of G. A. Stone as instructor in Physics for
the year 1930-31 at a salary of 5.l1600 a year.

     Appointment of W. L. Rast and E. L. Kirk as graduate cs-
sistants in Physics for the year 1930-31 at a salary of *?600
a year.sach.

     Appointment of Kenneth H. Baker as graduate assistant in
Psychology at a sala.ry of .i600.

     Appointment of Van Barnette as graduate assistant in the
Department of Physics for the coming year at a salry of 1600 a
year.

     Appointment of Stephen E. Wrather as Asqsistant County Agent
of Graves County at a salary of 1125 a month from July 1 to
December 31, 1930.

     Appointment of Harry A. Berge as Assistant County Agent
of Scott' County at a salary of w100 a month from May 27 to De-
cember 31, 1930.

     Appointment of Stuart Brabant as Assistant County Agent
of Todd County at a salary of 1200 a month from June 16 to De-
cember 31, 1930.

     Continuation of employment of Miss Frances Wiese as Home
Demonstration Agent of Christian County at a salary of $158-1/3
a month from June 1 to December 31, 1930.

     Continuation of employment of J. Ed. Parker as County Agent
of Bath County at a salary of 3233-1/3 a month from July 1 to
November 14, 1930.

     Continuation of employment of T. He Jones as County Agent
of Lee County at a salary of 1158-1/3 a month from July 1, 1930
to June 30, 1931.

     Continuation of employment of Blumie Fortenberry as County
Agent of Pike County at a salary of t116-2/3 a month from July
1, 1930, to June 30, 1931.

     Continuation of employment of H. X. Gayle as County Agent
of Union County at a salary of .S233-1/3 a month from August 16,
1930, to August 15, 1931.

     Miss Anita Burnam, Field Agent in Club Work, was granted
an extension of her leave of absence through July 5, 1930.

                                 Respectfully submitted,
                                    Wellington Patrick, Secretary
                                    Board of Trustees


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