University of Massachusetts Board of Trustees records, 1836-2010 . e budget. All items of promotion of personnel should belisted separately. The Committee requested that the Treasurer prepare a re-vised form of the budget for 1942 along the lines suggested in thediscussion at this meeting to show how these ideas may be in-corporated into an actual budget, - this revised form to be mailedto members of the Committee as soon as completed. Upon receipt ofthe revised form each member of the Committee is to write toTrustee Whitmore, the Chairman, with recommendations and commentswhich will form the
University of Massachusetts Board of Trustees records, 1836-2010 . e budget. All items of promotion of personnel should belisted separately. The Committee requested that the Treasurer prepare a re-vised form of the budget for 1942 along the lines suggested in thediscussion at this meeting to show how these ideas may be in-corporated into an actual budget, - this revised form to be mailedto members of the Committee as soon as completed. Upon receipt ofthe revised form each member of the Committee is to write toTrustee Whitmore, the Chairman, with recommendations and commentswhich will form the basis of the report of the special committee tothe Board of Trustees at their meeting on May 17. Mr. Griggs suggested that there be a special meeting ofthe Board of Trustees at Amherst prior to the formulation of thebudget by the College Administration to establish budget policiesand principles. There was discussion of the suggestion but it wasnot adopted. Budget 1110 COMMITTEE MillingMachine THE MASSACHUSETTS STATE COLLEGE The meeting was adjourned at 1:00 Secretary-Pro Tern MINUTES OF MEETING OF TRUSTEE COMMITTEE ON FINANCE April 23, 1942, 1:00 , Chamber of CommerceBuilding, Boston, Massachusetts PRESENT: Trustees: Bartlett, YJhitmore, Cassidy,Saltonstall, President Baker, TreasurerHawley The Committee considered matters referred to it by the3oard of Trustees at its meeting on April 16. The first matter was the proposal to lease a millingmachine used at the Power Plant of the College to the Boston WireStitcher Company of East Greenwich, Rhode Island, at the request ofthe Hartford Ordnance District of the War Department and as asassistance in the nations war effort. The relative desirabilityof leasing or selling was considered. The Treasurer presented a proposed form of lease covering period of the war at rental rate of $50 per year. The lessee to agree to return the machine at the termination of the lease or to pay the lessor 25$ of the current purchase price of an
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