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Show -40* report: Board of Regents, University of Utah, Salt Lake City, Utahs Gentlemen: Your committee on Finance held a meeting on tednesday, October 7, 1925, to consider the question of the investments of the Trust Funds, and begs leave to report as follows: On motion of Dr. George Thomas a subcommittee consisting of Regents Holepp, tolfe and Crockett was artointed to investigate the securities of all of the various trusts and funds, and to report to the committee as to the safety and de- sirability of the present investments and as to the desirability of converting any of said investments; and what securities; if any, into which said investments shall be converted. then the report report of the subcommittee is made, this committee will its recommendations to the Board. In relation to the other funds, the committee recommends as follows: ehether 1. That all loans from student loan funds, the time the ng duri for men or women, shall bear 6i interest and , Utah of ty ersi Univ borrowers are in attendance at the n shall conform to the thereafter 9%, and that the notes take ness, except where the donor regular negotiable forms used in busi in which case the money shall of funds shall otherwise specify, provided for in said donation. be loaned as the balance which 2. That on the Park Fellowship fund nting to $5,935.22 amou Savings Bank, has accrued and now lies in the ded by the mmen reco invested as shall be added to the fund and to. rred refe tee above Board after report of the Commit Soundinevian fund and 3. That all class funds, the consolidated into a be d ool fun the University of Utah High Sch separate general lean fund. use of proceed at once to make 4. That the University |
