University of Massachusetts Board of Trustees records, 1836-2010 . te travel. The President was authorizedto request such opinion. The President was authorized to notify the Chairman ofthe Commission on Administration and Finance of the action of the 1118 COMMITTEE THE MASSACHUSETTS STATE COLLEGE Trustee Executive Committee upon the various matters contained inhis letter of June 29 to the Chairman of the Board of Trustees. The Treasurer presented a recommendation for the transferof certain securities now held in endowment fund portfolio whichrepresent investment of principal from several f
University of Massachusetts Board of Trustees records, 1836-2010 . te travel. The President was authorizedto request such opinion. The President was authorized to notify the Chairman ofthe Commission on Administration and Finance of the action of the 1118 COMMITTEE THE MASSACHUSETTS STATE COLLEGE Trustee Executive Committee upon the various matters contained inhis letter of June 29 to the Chairman of the Board of Trustees. The Treasurer presented a recommendation for the transferof certain securities now held in endowment fund portfolio whichrepresent investment of principal from several funds in a singlebond with the purpose of eliminating divided holdings as far aspossible. This is a matter which must have the consideration ofthe Finance Committee but since all members of the ExecutiveCommittee are members also of the Finance Committee, he asked theirconsideration as a preliminary step to a mail poll of other membersof the Finance Committee. The Trustees present approved therecommendation of the Treasurer. The meeting was adjourned at 4s30 cretary pro tern I I I 150-2-tlB. NO. 3214-FI )MMITTEE THE MASSACHUSETTS STATE COLLEGE MINUTES OF MEETING OF TRUSTEE COMMITTEE ON FINANCE November 19, 194-2, 12:30 , Parker House, 1119 Boston PRESENT: Trustees Bartlett, Saltonstall, Cassidy,^hitmore, President Baker, TreasurerHawley, Secretary Burke The President reported that Mr. David Goodale, Treasurer of the Class of 1382, has presented a sum of #50 to be added to the $1,000 previously given to constitute the Class of 1832 Fund. After discussion and on the recommendation of the President, it was; VOTED: To authorize the Treasurer to accept withappreciation the sum of $50 presented byMr. David Goodale, Treasurer of the Classof 1382 and add it to the principal of theClass of 1382 Fund. It was further VOTED: To direct the Treasurer to invest $1,000 from the principal of the Class of 1882 Fundin United States Savings War Bonds, Series G. President Baker reported th
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