Minutes of the Meeting of the Executive Committee of the Board
of Trustees of the University of Kentucky, June 23, 1950.


      The Executive Committee of the University of Kentucky met in
the President's Office at 10:30 a.m., Friday, June 23, 1950.    The
following members were present:   Guy A. Huguelet, Chairman; H. D.
Palmore, R. P. Hobson, and J. C. Everett.   Absent:   Harper Gatton.
President H. L. Donovan and Secretary Frank D. Peterson met with the
Committee.


      A. Minutes Approved.

      The minutes of the Executive Committee of March 17, 1950, were
approved as published.



      B. Comptroller's Report.

      The Comptroller made the usual financial report covering the
period July 1, 1949, to and including May 31, 1950.    A balance sheet
for the Division of Colleges, Agricultural Experiment Station, Agri-
cultural Extension Division, and Restricted Funds was submitted, to-
gether with operating statements of funds and budget operations for
the period covered.

      Upon motion duly made, seconded and carried, the report was re-
ceived and ordered filed.



      C. Association of Governing Boards.

      President Donovan brought to the attention of the members of the
Committee information received concerning the annual meeting of the
Association of Governing Boards of State Universities and Allied In-
stitutions, to be held at Charleston, S.C., November 1 through the
4th.   Members of the Board of Trustees of the University were urged
to attend the meebing if they could so arran&k their schedules.



      Upon motion duly made, seconded and carried, the information
was ordered received and filed.