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Show 67 ‘fif‘ntgiled information. The egne action Res‘ taken on t".r voucher of John T. Wahlquist for automobile mileage. . A report of the subcommittee of the Finance Committee, appointed by the Finance Committee at e meeting held some months ago to investigate the investments of trust funds, was read to the Board and upon notion of Regent HcCerthy, it was referred to the Finance Committee: The following communications eere presented from the . Trustee and Treasurer of the Union Building Drive Fund: Board of Regents, .University of Utah, Ladies and Gentlemen: In accordance with the action of your Honorable Body at its special session, November 16, 1925, requesting the, Building Drive Committee to report on the method adopted for the authorisation of the expenditure of its funds and the drawing of checks, I beg to report, in behalf of the Committee, that the regulation has been adopted‘that all payments shall 1 be aade only on vouchers approved by the Executive Secretary shall then 'flerand by the Chairmen of the Committee, and the checks$25,000.00 ‘" be drawn and signed by the Treasurer, who is under on the band to the Committee. No countersignetare is required the shile delay. greet check because such a method entails for his vouchers can, with safety, be'meiled to the Chairman not advis- is procedure e such eeil, by signature and returned if checks able with checks, end it would appear to be necessary personally, were to be countersigned, that they should be taken fact that the causing much deley, and therefore, in view of the did not sprear treasurer is under band this delay and trouble to be necessary. Yours very truly, (Signed) Thomas Bull Trustee and Treasurer Union Building Drive Fund. Hyi' Board of Regents, 5(3‘ fiatversity of Utah. ladies and Gentlemen: ion of your Honorable Body In accordance with the act |
