08/26/1933

 UCCSN Board of Regents' Meeting Minutes

August 26-27, 1933 



08-26-1933
Volume 5 - Pages 135-137

                       REGENTS MEETING
                       August 26, 1933

The Board of Regents met in the Office of President Clark on Sat-
urday, August 26, 1933, at 10 o'clock.  Judge Brown, Mr. Ross,
Mr. Williams and Mr. Wingfield were present.  Dr. Olmsted's en-
gagements at Wells prevented his attendance.

The minutes of the meeting of May 13, 1933 were approved by the
following vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

On motion of Mr. Wingfield, State Claims Nos. 146 to 155 inclu-
sive for the net sum of $20,687.27 and Regents Checks Nos. 3176
to 3180 inclusive, for the net sum of $33,828.56 were approved
by the following vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

Fuel Oil bids were opened by Chairman Brown, as follows:

Company            Spec. Gravity   Price per Bbl.  Shipping Point

Quality Oil (Nv)      14-16           60 cents     Bakersfield
Tarr and Mc Comb      14-16           62 1/2 cents Maltha
Union Oil                18           60 cents     Maltha
Wittenberg Warehouse &
    Transportation    14-16           59 cents     Taft
Pacific Petroleum     14-16           60 cents     Segura
Associate Oil         14-16           60 cents     Bakersfield
Shell Oil             14-16           60 cents     Ora
Standard Oil          14-16           60 cents     Segura
Richfield Oil         14-16           60 cents     Maltha

Mr. Ross moved that the Comptroller make a compilation of these
bids and the Board proceed with other business.  Vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

Comptroller Gorman presented the following statement:

To Walter E. Clark, President and the
Honorable Board of Regents of the
University of Nevada

Gentlemen:

Below find statement of balances in General Maintenance Funds as
of August 31, 1933 and estimate of expenditures to December 31,
1933.

    Balances June 30, 1933

        State Tax                                    $73,153.78
        90,000 Acre Grant Int                          2,874.61
        Contingent University                            958.67
        Regents                                        9,795.69
            Total                                    $86,782.75

        July Claims     $15,223.95
        August Claims    17,754.43                    32,978.38
        Balance August 31, 1933                       53,803.37*
        August 1933 Registration (est.)                8,000.00
        University Revolving Fund                     16,700.00
            Total                                    $78,503.37*

       *$1 error

    Estimated Expenditures to December 31, 1933

        Sept., Oct., Nov. and Dec. Payrolls          $56,000.00
        Fuel Oil (est.)                                5,000.00
        Supplies, etc. 4 months @2500                 10,000.00
        Power, Light and Water                         5,000.00
            Total                                    $76,000.00

    Following is detail of Rousseau Estate:

        3rd Liberty Loan Bonds matured in 1928       $   250.00
        Interest coupons on above                         47.85
        Interest coupons on 4th Liberty Loan Bonds        76.50
        Savings account in First National Bank         3,581.62
        Accrued interest on above savings account      1,369.30
        Commercial account in First National Bank      1,976.48
        Total cash transferred to credit of Board of
        Regents in First National Bank               $ 7,301.75

        In addition to above the Comptroller has received 4th
        Liberty Loan Bonds par value $200.00.  There is a sav-
        ings account in Bank of Nevada Savings and Trust Company
        of $330.32.  The rest of the Estate consists of 3 violins
        and 1 mandolin valued at from $25 to $50 and a balance
        of $100 due from E. E. Williams on purchase of a piano.

                         /s/ C. H. Gorman
                             Comptroller

Mr. Ross moved that Comptroller Gorman be authorized to dispose
of the Rousseau violins and mandolins at the best price obtain-
able.  Vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

On motion of Mr. Williams the Comptroller was authorized to look
into the opportunities for investment of the uninvested $7,301.75
of the Rousseau Estate, increased by whatever price may be re-
ceived for the musical instruments and whatever may be received
from the $330.32 savings account in the Bank of Nevada Savings
and Trust Company, and is hereby given power to make investment,
with the approval of the Committee of the Resident Regents.
Vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

The President notified the Board that the Superintendent of Banks
had advised that the request of the Comptroller that University
Funds might be regarded as preferred claims had been denied as
follows:

    Riverside Bank                             $20,441.93
    United Nevada Bank                         $18,129.41
    Bank of Nevada Savings and Trust Company   $ 3,100.92

The President said that letters had been received thanking the
Regents for the flowers furnished the Grand Lodge of F & AM, the
Rebekah Assembly and the Grand Lodge of IOOF during their recent
annual sessions.

The resignation of Martha Huber as Technician in the Department
of Veterinary Science effective as of June 15, 1933, was accepted
on motion of Mr. Wingfield, by the following vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

At the Commencement meeting Miss Delpha Wood was re-elected as
Matron of Manzanita Hall and Director of the Dining Hall and
teacher of Home Economics at $1200 for the year for the combined
service.  During the Summer she was married but is available to
continue the Home Economics teaching for which the stipend is
$400.  The President recommended that -

a.  Mrs. Venstrom be employed as Assistant in Home Economics at
    $400 for the year to be paid $40 monthly for 10 consecutive
    months, beginning with payment for the month of September,
    1933;

b.  On recommendation of Dean Mack, that Miss Mary O'Leary be
    elected Matron of Manzanita Hall and Superintendent of the
    Dining Hall at a cash stipend of $600 for the year, to be
    paid $60 per month for 10 consecutive months beginning with
    the month of September, plus board and room;

c.  Anita Becaas to be paid $50 per semester at the end of each
    semester, plus board and room, for Matronship of Artemisia
    Hall, the first floor of which will be open.

The above arrangement saves $100 for the year over the Commence-
ment meeting arrangement with Miss Wood.

On motion of Mr. Williams the President's recommendations under
a, b and c above were approved by the following vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

On motion of Judge Brown, if Mr. Peckham obtained authorization
from the Legislature to purchase the small tract of ground east
of the Carson highway and now a part of the State Farm, which is
of no use whatever to the Farm and is really Mr. Peckham's front
yard, for the sum of $140, then the Regents will deed this par-
ticular strip of ground to Mr. Peckham.  Vote:

    Judge Brown          Aye
    Mr. Williams         Aye
    Mr. Wingfield        Aye
    Mr. Ross             Aye

Mr. Ross submitted two matters to the President for research and
consideration:

1.  That the financial affairs of the Fraternity-Sorority groups
    as such should be handled through the Comptroller's office;

2.  That greater jurisdiction should be exercised by the Univer-
    sity over the social affairs of the respective groups to the
    end of securing better scholastic cooperation from the
    groups; that unless the group scholarship is maintained at
    a certain level to be set by the University, then the group
    shall not be permitted to obtain specified dates for social
    events.  This would operate to deny social privileges, as
    hosts, to any group whose scholastic average is low.

Since the 30th of November of this year falls on Thanksgiving
Day, the next meeting was scheduled for December 9, 1933.

                             George Brown
                             Chairman

Carolyn M. Beckwith
Secretary