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Special Meeting
March 10, 1959

From the committee having charge of the allocation of funds received under the Franklin E. and Orinda M. Johnson Trust Fund comes the following recommendations for the distribution of $11,000 available for the 1959-60 academic year:

1. Undergraduate scholarships $1,600
2. Graduate Fellowships 4,800
3. Faculty research and leaves 4,600
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$11,000

Allocation of Franklin E. and Orinda M. Johnson Trust Funds - 1959-60

It was moved by Regent Greenberg, seconded by Regent Welsh, motion put to vote and carried, directing the income from the Franklin E. and Orinda M. Johnson Trust Fund be allocated for the academic year 1959-60 as follows:

Undergraduate scholarships, $1,600
Graduate Fellowships $4,800
Faculty research and leaves $4,600

National Defense Student Loan Fund

From the Department of Health, Education and Welfare, Washington, D. C., comes information that the sum of $10,581 is available to the University of Nebraska Student Loan Fund under the provisions of the National Defense Student Loan Fund providing the University's contribution of $1,176 is made available to supplement the federal grant. It was stated by the Chancellor that a bequest from Mr. Carl Herman Larson granted to the University without restriction is available and it is recommended that the sum of $1,176 from the Carl Herman Larson Fund be used to raise the necessary funds to meet the required sum to supplement the National Defense Student Loan Fund.

Authorize sum from Carl Herman Larson Estate

It was moved by Regent Greenberg, seconded by Regent Elliott, motion put to vote and carried, directing that the sum of $1,176 from the Carl Herman Larson Trust Fund be used to supplement the National Defense Student Loan Fund of $10,581 now available to the University of Nebraska Student Loan Fund.

Comptroller authorized to accept property in Francis W. Vreeland estate

The following Resolution was moved by Regent Elliott, and seconded by Regent Welsh, put to vote and unanimously carried.

RESOLUTION

WHEREAS, Francis William Vreeland, a resident of Los Angeles, California, died and left a Last Will and Testament, which was duly admitted to probate in the Superior Court of the State of California in and for the County of Los Angeles, and

WHEREAS, under the provisions of his Last Will and Testament, certain property and the residue of his estate was given, devised and bequeathed to The Board of Regents of the University of Nebraska, and

WHEREAS, The Board of Regents of the University of Nebraska has been receiving and may continue to receive property of said estate so given, devised and bequeathed to it;

NOW, THEREFORE, BE IT RESOLVED, that Joseph Soshnik, Comptroller of the University of Nebraska, be and hereby is authorized and directed to accept such property when transmitted to The Board of Regents of the University of Nebraska, and to give due receipts therefor; and is further authorized and directed to execute all instruments and perform all acts necessary to the acceptance and receipt of said property,

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