<pre style="white-space: pre-wrap">xt7zgm81kr1h https://exploreuk.uky.edu/dips/xt7zgm81kr1h/data/mets.xml Lexington, Kentucky University of Kentucky 19310414 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, 1931-04-apr14. text Minutes of the University of Kentucky Board of Trustees, 1931-04-apr14. 1931 2011 true xt7zgm81kr1h section xt7zgm81kr1h 


    .Minutes of the regular quarterly meeting of the Board of
Trustees of the University of Kentucky for Tuesday, April 14,
1931.

     The Board of Trustees of the University of Kentucky met in
regular quarterly session in the President's office at the Uni-
versity on Tuesday, April 14, 1931, at 10:00 a. m.   The following
meriibers were present: Governor Flem D. Sampson, Judge Richard 0.
Stoll, Superintendent W.. C. Bells Dr. 'I. W. Wash, Mr. Louis Hillen-
meyer, Mr. E. B. Webb, Captain J. R.. Rash, 11r. Joe B. Andrews,
and Mr. Robort G. Gordon.   Meeting with the Board were Frank L.
MoVey, President of the University, and Wellington Patrick, Secre-
tary of the Board.

     The minutes of the previous -meeting of the Board and the min-
utes of the Executive Committee since the December meeting of the
Board were approved as published.

     1. Report of the Business Agent.   Report of the Business
Agent was read aidi-  dered incorporated in the minutes.


                                           'EXHIBIT "B"


             Statement of Income and Expenditures
                   Month of 11arch, 1931


Previously
Reported


General Fund Income
  Federal Appropriation    42,750.,00
  Vocational Ed. Board     10,822,37
  Dairy Bldg. Equip. . St.
    Appro.                 8,268,T8
  Special Agr. Appro.      26,805.62
  State Tax               883,309.48
  Interest on Liberty Bonds   850,00
  int. on Endowment Bonds   4,322.25
  Student CFees           151,158.80
  Student Fees - Sum.Sch. .42,147.60
  Student Fees -UHS         7,384.'80
  Student Fees - ET.Tr.Sch. 8,853.00
  Student Fees - Un. Ext. 15,647.26
  Teachers TrEaining Bldg.,
    Equip*- State         30,o)oe o
 Miscellaneous Receilpts   9,597.82
 Service Bldg., St. Appro.25,000.00
 Rentals                    2, 234.00


8


Current    Fiscal
ionth      Year
             To Date


             42,750.00
             10 822t,37

             8,268,18
             26,805,62
7,469.69    970,779.17
                8%, 00
              4,322,25
2,525.67    153,684.47
             42,147.60
  195.50      7,580.30
1,36.,.00    10,216.00
2,791.78     138439.04


2,025.66

  308.00


30,000.00
11,623.48
25,000.00
2,542.00


2.


State Apnro. -Surn. Sch.
Hents Dormitory
        Total


Expenditures
  Inst ru-tc ion
  Ad .m. Expense & 1.`eint.
  Add. & Bettermnents
          Total


   10, 00... 00
   22,G64.32      165.00
1, 30l.8150 5Q   ,844.30


600,968.98  79, 584.99
197,400.29 222,254.88
401,178.03  49, 004.72
11399,547.90 150,844.59


  10, O0Oo o
  22, 829'32
14398;j659.80


680, 553. 97
  219,655.17
  450,183.35
1,350, 392.49


Excess of Income over
  Expenditures


Patterson Hall Inco-ime
  Board
  Miscellaneous Receints
  Room Rent - Sum. Sch.
           Total


102,26D7.60 (54, 000.291)


51, 580.78
   204.80
 4, 423.25
 56-, 208. 83


48, 267. 31


499.00      52q079.78
  6.40         211.20
             _4,423.25
505.40      56,714.23


Expenditures
  Expense
  Add. & Betterments
           Total

  Excess of Inco me over
    Exxpenditures


General Fund Income
General Fund Expend.
   Exoens of General Fund
     Inc. over Expend.


   35, 043.27  6, 701. 86
      242. 5'_
   35,285.77   6,701.86


   20,923.06  (s,1.96.4s)

1,358,0024.33  97, 349. 70
1 234,833,67 157,546.45

  123,190.68 (80,1936.75)


41, 745.13
   242.50
41, 987.63


Va, 786. 60


1,455, 374.03
1,392, 380.12

   62,993.91


Excess of Expend. over Re-
  ceipts for Gen.Led.Accts.(1,913.99) (4,286.99)


(e, 200,98)


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


.1,276.67 (64, 483. 4)


Excess of Receipts over Ex-
  penditures for the fiscal
  year to date - General Fund

Cash in Bank July 1, 1930 -
  General Fund

Cash in Bank March 31, 1931 -
  General Fund


56, 792.93


56, 792.93


(47,020.97)


9,771.96


3.


Trust Fund Income
Student Loan v'und
  Student Hotes Paid
      Total Receipts

Expenditures
Expense
  Student NTotes
        Total
  Excess of Receipts
    over Expenditures


1,752.13
4,054.00
5 818.13


  37?. 94
5 373.00
6, 745.24


1,109. 20
  305.00
I., 414. 2 0


   40.00
   291. 00
   331.00


(929.11)   1,083.20


Zxcess of Receiptr over Expenditures
for the fiscal year to date - Trust
F'nd
Cash in Bank July 1, 1930 - Trust Fund
Cash in Bank 1,!Ich. 31, 1931 - Trust Fund


Experiment Station Income
Hatch - Federal Appro.     I
Xi'i and Butter - Cash
   Receipts
 3eef Cattle Sales
 Dairy Cattle Sales
 Sheep Sales
 Swine Sales
 Poultry Sales
 Parm Produce Sales
 Horticultural Sales
 Seed Tests
 Rentals
 Miscellaneous
 Fertilizer - Fees
 Public Service - St. Appro.
 Public Service - .isc.
 Feeding Stuff - Fees
 Adaras - Fed. Appro.
 Serum - Sales
 Ser=um -Virus Sales
 Serum - Live Stock Sales
 Serum - Supply Sales
 Serum - Miscellaneous
 State Appropriation
 Creamery License Fees
 Creamery - Testers Lic.
 Creamery - Glassware Tested
 Robinson - State Appro.
 XVest Ky. - State Appro.
 Purnell - Federal Appro.
 State Appro. - Patterson
   Farm Purchase


.1,250,00

8 469. 62
1,492.54
  613. 12
  533.69
  818,66
1,984 01
1, 713,63
  182 25
  35,00
3,255.36
  984.33
LS, 125. 00
10, 999. 98
   35.00
51,048.01
Ll, 250. 00
1,373.30
   9p 70
   15.00
   81,15
      e15
31, 345.84
3,643.50
3 254. 00
   450. 44
 8,806.95
 9,695. 50
 457000.00


  896.98
1, 641. 29


  317.37
  54,07

    5,00
  1591.57
  233. 01
9,161.25


6,052,85

  163.50
  15.45

    7.75
    I2.00

    48.50
    58.00
    24. 88


11,250. 00

9,366. 60
.3 13237 83
   613012
   533,69
   818.66
 2, s 301,38
 1 , 757 , '70
   182,25
   40,00
 3, 41.5, 03
 1,217.34
 %4,2 86,25
 10,3999098
    35,00
51, 100.86
11 . 250 00
1;539.80
   108 15
   15,00
   88.90
   12.15
31  345. 84
6,692 00
I, 312 200
    4.75. 32
  8,80. .95
  9, 693650
45,000.00


25,000.00


2 871.33
4,359.00  
7 ,23 0. 33


  412.24
6 664.00
7.076.24

  i LI. 09


154.09
995.11
1,149. 20


25, 009. 00


4.


ITursery Inspection - state
  Apprio.
IuTusery Inspection - Fees
Apiary Inspection - State
  Appro.
  Cream Grading
Poultry Improvement
M0ood Test .
            Total          2E


Expenditures
Expense
Additions and Betterments
            Total


  Excess of Expenditures over
  Income                   C


1,966.43
1, 380. 00

   91.33
6,4.16.66
2,190.00
1 ,333.50
53 730P 64


75, 816. 72
7, 346.11
83, 16?.3 83


19,432,19)


    100.00
    75.00


    675. 00

    135.00
 19,825.57


 30, 452. 84
 3,183,94
 33, 836. 78


(Ip(12,10. 21)


2,066.42
1,355.00

    91.33
  , 091. 66
  2,190 00
  1,358.50
283,557.21


306, 269.56
  9,530.05
315, 799.61


(32, 242.40)


Excess of Expenditures over
Income for the fiscal year
to date - Expeyi'irrent Station


Cash in Bank July 1, 1930 -
Experiment Station
Cash in Bank Miarch 31, 1931 -
Experiment Station


(32, 242.40)


35,191.91

_, 949. 51


Extension Division Income
  Federal Smith-Lever       152,241.30
  Federal Additional Co-Op. 29,000.00
  Federal Supplementary      54,642.56
  Federal Capper-Ketchawm    37,291.95
  State Smith-Lever          71,518.58
  State Capper-Ketcham          472.50
  County and Others           2,310.19
             Total          347,477.08

Expenditures
  Expense                   267,346.24

  Excess of Inco-me over Ex-
    penditures               80,130.84
  Excess of Income over Ex-
    penditures for the fiscal
    year to date - Extension
    Division


    67 .50
    157.83
    335.33


39,513.73


(39, 288.40)


152, 241.30
29, 000  00
54, 642. 56
37, 2?91.95
71, 518.58
    540.00
  2,468.02
347,702.41


30S,859.97


40,842.44


40,842,44


Cash in Bank July 1, 1930 -
  Extension Division
Cash in Bank March 31, 1931 -
  Extension Division


?. 973. 18


43,815.62


5.


Summary
  General Fund Income      1,358,024.33  97,349,70
  Trust Fund Incomrne          i,762.13    1,109.20
  Experiment Station Inc.    263,7306S4  19,826.57
  Extension Div. Income      347 477.08      225.33
               Total       1         i8- 118,510.80
 General Fund Expend.     1,234,833.67 157, 543.45
 Trust Fund Expend.             372.24       40.00
 Experiment Station Exp.    293,162.83  32,636.78
 Extension Div. Expend.     267 346;24  39 513.73
               Total       1,785, 714.98 229,736.96

 Excess of Income over Ex-
 penditures                185,279.20(111,226.16)

 Excess of Expenditures over
 Receipts for General Ledger
 Accounts                   (1,913.99) (4,286.99)


Student Loan Fund - Notes


(2,319.00)


14,00


1,455, 374.33
      2, 871.3:
    282, 557, ,2.
    347,702.41
  2 089, 504.98
  1 392,380.12
        412.24
    315,799.61
    306,859.97
2,015,451.94


     74,053.04


     (6,200.98)

     (2,305.00)


Excess of Receipts over Ex-
penditures for the fiscal
year to date - Combined
Fund                      181,046.21 (115,499.15)

Excess of Receipts over Ex-
penditures for the fiscal
year to date - CoNbined Fund

Cash in Bank and on hand July 1,
1930 - Combined Fund


Cash in Bank and on hand M1arch 31,
1931 - Combined Fund


35,547.06


659,547.06


(5, 80.77)


59 686.29


Abstract of item shown on statement
of Income and Expenditures as "Eixcess
of Expenditures oaer Receilpts for
General Ledger accounts $6,200.98".


Debit


Accounts Receivable

Insurance Paid in Advance


Credit


73,946.57


6,007.53


Sundry Accounts
ITot e s Payabl e


loU, 000; 00
116, o007. 5E13
9, 806. 55
  6,200.98


25,859.98


     2. Sale of State Warrants. The Business Agent reported to
the University that he had sold a considerable number of State
jarrants at $99.50.   He was unable to sell them at par owing to
the market situation at the present time.   A motion was made,
seconded, and carried approving the action of the Business Agent
in selling the warrants and authorized the Business Agent to sell
additional warrants as funds may be needed before the close of the
fiscal year.

     3. Construction of the Agricultural Engineering Building.  It
was reported to the Board that the Agricultutral Engineering build-
ing will be completed probably before July 1, 1931.   The last Leg-
islature mrade an appropriation of $75,000 for the construction of
a building, the appropriation being spread over a period of two
years.   President M1cVey stated that it is likely that the building
will be complete before next year's funds are available from the
State Treasury.   A motion was made, seconded, and carried that
the payments be Lade according to appropriation since 450,000
would be available July 1, 1931.   The contractor is to arrange his
finances subject to the appropriation.

     4. Insurance on Buildings.   The Question of insurance on
buildings now under construction and about to be completed was
brought up, and a motion was made, seconded, and carried authoriz-
ing the President in his discretion to have such buildings insured
in such amounts as is considered sufficient to protect the Uni-
versity.

     5. Insurance Matters.   At a previous meeting of the Executive
Committee, Klair and Scott, Insurance Brokers for the Tiniversity,
submitted a recommendation regarding certain changes in the build-
ings in order to lower the rate of insurance.   The Superintendent
of.Buildings and Grounds was requested by the Executive Committee
to furnish an estimate of the cost 0f making the changes recommend-
ed.   A report was received from the Superintendent of Buildings
and Grounds making such an estimate.   The matter was taken under
advisement, but no action was taken.

     6, Bids on Beef Cattle Barn.   The last Legislature appropriat-
ed $15,000 for the construction of a beef cattle barn.    Bids were
advertised for and opened in the g esence of the Board.    Inasmuch
as the bids for the constrnction of the barn and the bids furnish-
ing the metal equipment were somewhat in excess of $15,000, the
Board considered it necessary to reject all bids and advertise for
new bids.   A motion was therefore made, seconded, and carried
that all bids be rejected and that new bids be advertised for. A
comnmittee consisting of Dean Cooper, President ZocVey, and Judge
Stoll was appointed to make the award when the new bids are re-
ceived.


6.


7.


     7.  A praisal of University Property.  Representatives of
the American   raisal Company of Chicago appeared before the
Board at the request of the Executive Committee and made a state-
ment as to the desirability of aporaising the plant of the Uni-
Versity in order to get a more adequate basis for insurance.
They -made the statement that the cost of appraisal would be about
.2 of l4o of the reproduction cost of the plant.  No action was
taken on the matter and the proposal was taken under advisement.

     8. Automatic Sprinklers.   Insurance agents recommended to
the University that automatic sprinklers be installed in Patterson
Hall and Boyd Hall as a matter of lowering the insurance rate and
protection against fire.  Representatives of the Automatic Sprink-
ler Corporation of Cincinnati, Ohio, and of the Grinnell Company
of Cincinnati, Ohio, appeared before the Board and made statements
regarding the installation of automatic sprinklers, discussed tlo
various types, and gave a statement of the approximate cost of
installation.  Each company was requested to submit its proposals
in writing for further consideration of the Board at a later meet-
ing.  The whole question of insurance and the problems involved
were by a motion of the Board, duly seconded, referred to the Ex-
ecutivp Committee for action.

     9.  Charles U. Gordon Trust Fund.  A communication was re-
ceived from Mr.-rharles U. Gordon, Merchants Bank Building, Jack-
sor, Mississippi, indicating that he had placed with the Merchants
Bank and Trust Company of Jackson, Mississippi, a trust fund for
providing scholarships at the University of Kentucky.   President
McVey stated to the Board that the trust fund would not be large
but would make some provision for scholarships at the University
of,Kentucky. A motion was made, seconded, and carried that the
trust fund be accepted by the Board of Trustees, and that the Sec-
retary be directed to write a letter to Mr. Gordon accepting the
gift oni behalf of the Board of Trustees.

    10. Laboratory Fees.   A communicationwas read from Dean
Thomas P. Cooper recommending that the fee for the agglutination
tests for the Bang abortion disease which is now 500 be changed
to 25 , this reduction to become effective June 1, 1931.   A motion
was made, seconded, and carried that the change be made.

    11. Use of the University Gymnasium for the North American
Chri stiaj~ohvention    At a previous meeting of the Executive
Committee a resolution was introduced  and approved allowing the
use of the University gymnasium for the North American Christian
Association on June 21.   A communication was read from Rev. W. E.
Sweeney of the Broadway Christian Church of Lexington, Kentucky,
indicating that they would probably also want to use the University
gymnasium for other meetings of the Association between June 18
and June 21 in connection with the convention.   A motion was made,
seconded, and carried that the previous resolution be modified so
as to permit such usage.


8.


    12. University Budget.   The Board of Trustees took up for
consideration the budget for the University for the fiscal year,
1931-32, and after minor changes passed a resolution adopting the
budget proposed as a basis for expenditure for the University for
the year 1931-32.

    13. Appoint--ents, Changes of Status, Leaves of Absence, and
R.esignations.  The following list of appointments, changes in
status, leaves of absence, and resignations for members of the
University staff was presented and on motion, duly seconded, ap-
provedt

     Appointment of Mr. David M. Young as instructor in Geology
for the year 1931-32 at a salary of .1600, was approved.

     Appointment of Mr. T. Bruce Waters as graduate assistant in
Philosophy for the year 1931-32 at a salary of $600, was approved.

     Appointment of M1r. Samuel F. Hendricks as graduate assistant
in Mathematics for the year 1931-32 at a salary of $600, was ap-
proved.

     The salary of Mr. L. D. Moore to be paid by the Athletic As-
sociation was approved by the Board.

     Appointment of M1r. Earle G. Routon for the year 1931-32 as
graduate assistant in Mathematics at a salary of $600, was approved.

     Appointment of 'Ir. L. A. Pardue as assistant professor in
Physics for one year at $2800 beginning September, 1931 ,was ap-
proved.

     AppQintment of Mir. Fred W. Warburton as assistant professor
in Physics for one year at $2800 beginning September, 1931, was
approved,

     Appointment of Mr. Edward S. Amis as graduate assistant in
chemistry for the year 19351-32 at a salary of $600 was approved.

     Appointment of Thomas 0. W.Villia~ms as assistant in the Depart-
.ment of University Extension at a salary of $?1500 was approved.

     Leave of absence without pay was granted to Mr. Merton Oyler,
assistant in rural life studies in the depoartment of Farm Econom-
ics, from October 28, 1231, to June 17, 1935, for the purpose of
graduate study at the University of Chicago.

     Sabbatical leave of absence on half Day was granted to Mr.
Alec J. Zimmerman, instructor in Chemistry, for the year 1931-32.


9'


     Leave of absence on pay granted to ai. R. Elliott, Aubust 5
to 19, to study at Cornell University.

     Resignation of 3.% .Villiam G. Finn, assistant in Farm Manage-
'ment, to take effect at the close of business June 30, 1931, was
accepted by the Board4 M.ir. Finn is leaving to accept a position
with the United States Department of Agriculture.

     Resignation of Dr. M. N. States, professor of Physics, to
take effect July 1, 1931, was accepted by the Board.   Doctor
States is leaving to accept a position as Director of Research and
Development for the Central Scientific Company of Chicago, Ill-
inois.

     The anpointment of Van Ba.rrnett, R. C. Layson, Sam McCluer,
E. W7. Kirk, Fi. H. Sullivan, and J. Herbert Haynsworth, jr., as
graduate assistants in Physics at a salary of $600 a year each
was approved.

     On motion, duly seconded, the Board adjourned.


                                  Respectfully submitted

                                     Wellington Patrick, Secretary
                                          Board of Trustees


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