1/3/1 Guide to the Financial Statements Financial Statements

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19 Library 1408 W. Gregory Dr. Urbana, IL, 61820 URL: http://archives.library.illinois.edu Email: illiarch@illinois.edu Phone: (217) 333-0798 Fax: (217) 333-2868
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Guide to the Financial Statements 1897/1908 University of Illinois Archives Overview of the Collection Financial Statements 1897-1908 1/3/1 University of Illinois at Urbana-Champaign. Treasurer 0.40 English University of Illinois Archives
19 Library 1408 W. Gregory Dr. Urbana, IL, URL: http://archives.library.illinois.edu Email: illiarch@illinois.edu Phone: (217) 333-0798 Fax: (217) 333-2868

Other Information:

0 Pages

Historical Note:

The position of treasurer of the Trustees of the Illinois Industrial University was established on March 13, 1867. 1 The Laws of Illinois required that the Board of Trustees elect a treasurer along with establishing the Board. 2 Seven ballots were taken before a treasurer was finally elected.3

In 1978, the amended duties of the treasurer were to be the custodian of funds and securities, to provide a bond of not less than $5,000 for the performance of his duties, and to make detailed reports of his activities when required. The treasurer has no power to invest permanent funds, convert securities, pay out any funds except as directed by the Board, and may not vote upon the awarding of University contracts or the selection of a bank for transactions.4

1. Board of Trustees Transactions, 1st Report, 1867-68, March 13,1867, pp. 22-25.

2. Ibid, p. 6.

3. Ibid., p.25.

4. Board of Trustees Transactions, 59th report, 1976-78, April 12, 1978, p. 589.

Access Terms

This Collection is indexed under the following controlled access subject terms.

Genre/Form of Material: Papers Topical Term: Finance University Administration
Administrative Information Accruals:

9/13/67

Arrangement of Materials:

Chronological

Scope and Contents

Quarterly Financial Statements of amounts debited and credited to the University's accounts including lists of numbers and amounts of general fund warrants.