35

89

7.

The Board of Directors of the said corporation shall consist
of five members which said number may be, from time to time, increased
as provided by the Bylaws. Said Board of Directors shall have power by
vote of a majority thereof to make, alter, amend or rescind the By-
laws of said corporation, which shall remain in full force and effect
until amended by the Board of Directors or the members thereof.

In witness whereof, we have hereunto set our hands and affixed our
seals this the ______ day of ________________ 193_____

_________________ (SEAL)

Mr. House further presented the following resolution relative
to the Alumni Loyalty Fund:

Whereas, it is necessary that the Alumi Loyalty Fund
obtain the permission of the University Board of Trustees to carry on
its work,

Therefore, be it resolved that the Alumni Loyalty Fund Council
om session assembled ask the permission of the Board of Trustees to
continue its functions during another year.

Be it also resolved that the Council seek the permission of the
Board of Trustees to expend its current collected receipts of from
its existent resources, and not from any State funds, the sum of
§3,666.22 as an operating budget for the period between January 1
and June 30, 1933, this amount being only 68 per cent of the budget
which was approved for last year.

I do hereby certify that the above resolution is an excerpt
from the Minutes of the Alumni Loyalty Fund Council in annual
session January 22, 1933.

Respectfully submitted,

(Signed) Felix A. Grissette, Secretary.

On motion, the request contained in the above resolution was granted.
Mr. Mr. Murphy presented to the committee the following recommen-
dation of the Committee on Memorial Tablets in Memorial Hall, which
on motion duly made and seconded was adopted:

To the Trustees of the University
of North Carolina:

The Committee on Memorial Tablets in Memorial Hall
recommends that the family of the late Andrew H. Patterson, an alumnus
of the University and former Professor of Physics at the University,
be invited to perpetuate his memory by the erection of a suitable tablet
in Memorial Hall in Chapel Hill, under the rules and regulations
heretofore adopted by the Board of Trustees.

(Signed) Stahle Linn, Chairman
K. D. Battle
Alexander B. Andrews
Walter Murphy .

The Secretary read the recommendation of the Executive Committee
that the matter of the election of a Vice-President for the Chapel
Hill Unit be deferred for future action, and that President Graham be