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Show - -VWWW I: 159 J Lina..." 1a-‘4'. $74..»‘3 5.". . :. the Board of Regents of the University or Utah passed a rose; L‘ "That on and after the first day of July A. D..1950, each anflagm student entering the University of Utah be, and he hereby is I": to pay in addition to such other fees_as may lawfully be aha g 5 an admission fee of $3.00 per quarter for the autumn, winter, xii and spring quarters, and e1.00 for the sunner session, which 3359 fees so to be collected shall be used for the completion and as _. tenance of the Union Building and for no other~purpose, provid : however,_that proportionate dedqutions may be made in the caseflfw those students who have before said data already.contributed tfsfié . j‘ said structure," and _ . x WEEREAS, the income from said fees should total for each ya hereafter_about $25,000.00 and the Board of Regents is convinced that the needs of the inatitution require that the Union Build A be consisted as soon as possible and thereafter maintained. It sea THEREFORE be it RESOLVED that the Chairman and 3eeretarfi» of the Board of Regents of the University Of Utah be, and they ;fl hereby are, authorized, empowered and directed to borrow esoo«vw; or as much as the needs of construction may require, for-comhir* P u 'the Union Building, which said amount, or'aaounts, so to.be bo~53 as aforesaid, shall_be repaid at the rate of $25,30fl.00 per ab«"j including interest charges, from moneys to be colleeted from _ -" entering students for completing the Union Building; the~int35::; rate not to exceed 5%tper annum,'and to better assess the is»: 7 of said sum, or sums, with interest, to~eXeoute and deliver" F of the University therefor in accordance with-the form here" set out, and to the punctual payment of said'bondsg with'into irrevocably pledge the total income which'willobewderived; the'University from'monies to be Collected by it free enter?" mm- .._ » students for the completion and maintenaneetof the Union 1%,: in accordance'with the terms and'provisions of Chapter 16, ‘n Utah, 1925, as_amended by Chapter 4, Laws‘of Utah, 1939,-i$ 9 EXPRESSLY UNDERSTOQD, hoseuer, thatiin no event shall ths'g: M"; faith, credit or resources of the University, or of the fits: _ Utah, be pledge to the payment of Said debt,tbut that said e-fimf‘ shall be made wholly and solely from the special fund a*s _-. and that said loan shall never be or'become, a general a of the.University of Utah, or of the State of Utah. ' Pri‘So a recon ‘xie Uresident Thomas stated that when‘Professor Foreman rgeij {compensa- from tne School of Business it was impossible to secure an‘ifi" ftion for 16 of Bus. to take his place, and the members of.the staff of the'fieeafiV School staff Business agreed to handle Professor Foreman's classes tc'e . for handling of the school year. 'President Thomas redeemendethhat $?;; Prof. -Forenan*s the unused portion of Prof. Foreman's salary be used to Uh. releases-' 1 ,sles. each the following members of the staff, at $125. each: Prefe;l Walter, Rasmussen, Hahoney, Ockey, and Dean Baal: |
