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Show safekeeping receipt to cover this tran saction. 'Regent Adam S. Bennion moved approval of the recom- mendation of the Finance Committee to hold 200 shares of EQUITY OIL CO. capital stock of the Equity Oil Company valued at appro ximately STOCK TO $1200. 00, which was presented to Chairman Sill as a contribu- .BE HELD tion to the Home Economics practice house. ' INVESTMENT Regent Gibson moved approval of the recommendation OF SMALL of the Finance Committee for the investment of $10, 000 rep- BALANCES resenting small balances in trust and loan fund accounts, in IN TRUST appropriate short-term bonds as they appear on the marke t. The motion was seconded by Regent Browning and carried. AND LOAN FUNDS APPROVED The Chairman invited the President to make his re- port to the Board. PRES. REPORT . President Olpin stated that in the absence of a Board meeting at the time of the death of President George Albert TRIBUTE TO PRESIDENT Smith of the L. D. S. Church, he called a few members of the GEORGE faculty together to pen a resolution to be sent to the family of ALBERT President Smith. The following is a copy of the tribute prepared:SMITH UNIVERSITY OFUTAH . Salt Lake City, Utah .Albert Ray Olpin President TO THE BEREAVED FAMILY OF OUR BELOVED PRESIDENT GEORGE ALBERT SMITH Dear Friends, The Regents, Administration, Faculty and Students of the University share with you, and all who knew him, locally and internationally, a deep sorrow at the passing of your father. We lost a counselor of infinite patience, understanding, compas- sion, and love, At the University a speCial bond of affection binds us to his memory. He had a love for truth, a passion for the pursuit of knowledge, and a sympathetic understanding of the problems of his fe110w men. These same talents which have. made him so beloved a father to you, have made of him a priceless counselor to us in the development of our Univer51ty policy. We want to express our appreciation to you for so generously sharing him. |