Minutes of the Meeting of the Executive Committee of the
Board of Trustees of the University of Kentucky, Thursday, July
23, 1936.

     The Executive Committee of the Board of Trustees of the Uni-
versity of Kentucky met in President McVey's office at 10:30 a.m,
on Thursday, July 23, 1936.   The members of the Committee present
were James Park, R. Miller Holland and Robert G. Gordon.   Presi-
dent Frank L. McVey, D. H. Peak, secretary of the Board, and James
H. Graham, Dean of the College of Engineering, were present.   In
the absence of Richard C. Stoll, Mr. Park was elected chairman of
the meetings,


     1. ALproval of Minutes,

     The minutes of the meeting of June 16, 1936 were approved as
published.


     2. Financial Report Deferred.


     Business Agents Statement:

          We are unable to make complete financial report
     for June and the fiscal year ending June 30, 1936, be-
     cause under the state laws books are not closed until
     September 30, 1936.

          Total income, however, is as follows: General
     Fund, $1,232,655.97; Patterson Hall Funds, $58,559,50;
     Experiment Station Funds, $401,319.34; Agricultural
     Extension Funds, $694,526,51; Trust Funds, $4,965.54.

          Practically the entire amount of funds was expend-
     ed.


     3. Requisition Committee Report.

     The Requisition Committee filed written report of its action
each week from May 21, 1936, to July 23, 1936, inclusive.    The
report shows that orders had been made by the Business Office on
the authority of the Requisition Committee in the manner prescrib-
ed by the Board of Trustees and state laws, running from No.
7293 to No. 7779, year 1935-36, and from No. 1 to No, 204, year
1936-37.   The report was examined, and on motion and second the
orders named therein were ratified and approved and payments on
said orders were authorized and approved.   The following budget
additions, shown in the report, were approved: Library stacks,
$la74.03; Administration Building, $76.80; Business Office files,
$89.26; Library room, $725.00; Building materials, $;2665,91
Building repairs, $193.20; Library construction, $812.5O0