03-14-1916
Volume OD - Page 628

                         Reno, Nevada
                        March 14, 1916

The Board of Regents met at the Office of Regent A. A. Codd at
8 P.M. March 14, 1916.  All Regents present.  C. H. Gorman
Acting Secretary.

The Board unanimously approved the sale of the following bonds
belonging to the 90,000 Acre Grant and to the Contingent Uni-
versity Fund by the State Board of Investment, and the rein-
vestment of the proceeds in Lincoln County bonds at 90 and
interest.

39000 3 1/2% Massachusetts bonds @ 94515 - $36,860.85 90,000 Acre
 1000 3 1/2% Massachusetts bonds @ 93945 -     939.45 90,000 Acre
 5000 3 1/2% Massachusetts bonds @ 93945 -   4,697.25 90,000 Acre
 5000 3 1/2% Massachusetts bonds @ 86505 -   4,325.25 90,000 Acre
                                           $46,822.80

 2000 3 1/2% Massachusetts bonds @ 94515 - $ 1,890.30 Contingent
12000 3 1/2% Massachusetts bonds @ 93945 - $11,273.40 Contingent
                                           $13,163.70

The reinvestment in Lincoln County bonds resulted as follows:

For the 90,000 Acre Grant, bonds of the part value of $53,000.
For the Contingent Fund, bonds of the par value of $15,000.

No further business appearing, the Board adjourned subject to
the call of the Chair.

                             Charles B. Henderson
                             Chairman