Minutes of the Meeting of the Board of Trustees of the University
of Kentucky, June 16, 1959.


          The Board of Trustees of the University of Kentucky met, pursuant
to an order of adjournment, in the President? s office on the campus of the
University of Kentucky, at 9:00 a. m., CST (10:00 a. m. CDT), on the 16th
day of June, 1959, in an adjourned regular meeting pursuant to the provisions
of KRS 164. 170. The following members were present: Governor Albert
B. Chandler, Chairman; Robert P. Hobson, Vice Chairman; Mrs. Paul G.
Blazer, W. F. Foster, Dr. Paul B. Hall, Wood Hannah, Sr., Dr. William
C. Wilson, Floyd H. Wright, Robert H. Hillenmeyer and Ben Butler.  There
were absent: Robert R. Martin, Harper Gatton, Clifford E. Smith, Dr.
Ralph J. Angelucci and J. Stephen Watkins. The President of the University,
Dr. Frank G. Dickey, and Secretary, Dr. Frank D. Peterson, were also
present.



         A. Approval of Minutes.

         Upon motion duly made, seconded and carried, the minutes of the
Board of Trustees meeting of April 7, 1959; and the minutes of the Executive
Committee meeting of May Z2, 1959, were approved as published.



         B. Financial Report Submitted.

         The Vice President, Business Administration, submitted the fol-
lowing financial report: