| | 1 | Author: | University of Virginia
Board of Visitors | Add | | | Title: | Board of Visitors minutes  | | | | Published: | 1924 | | | | Subjects: | University of Virginia Library, Text collection | UVA-LIB-Text | UVA-LIB-BoardOfVisitorsMinutes | | | | Description: | A special meeting of the Rector and Visitors was held
on this date with the Rector, C. Harding Walker, and Visitors
Dillard, Hall, Hull, Scott, Rinehart, and Williams, and
President Alderman present. That for andin consideration of One Dollar ($1.00)
cash in hand paid, receipt whereof is hereby acknowledged, and
of the covenants and agreements herein contained, which areto
be mutually paid, kept and performed, it is agreed that the
personal representative of the said Walter H. Taylor, deceased,
shall deliver to and deposit with the Virginia Trust
Company, as Trustee, the Thirty-seven Hundred and Twenty- one
Dollars and Ninety-eight Cents ($3721.98) in full discharge
and satisfaction ofany obligation on the part of the said
Walter H. Taylor, his heirs and assigns, with respect to the
Thirty-seven Hundred and Twenty-one Dollars and Ninety-eight
Cents ($3721.98) security above mentioned; to be held by the
said Trustee for and during the life or lives of either or
both of the said Frances R. Curd or Helen Wood Rogers, as
security for the payment of the monthly annuity of Twenty-five
Dollars ($25.00) each, to the parties of the first part, or
the survivor during her life as provided in said will, with
the right on the part of the said Trustee to invest and reinvest
the same; to collect any increase thereof, interest,
or return therefrom, and to pay the same, but not the principal
thereof, to the University of Virginia so long as the obligation
on the part of the University of Virginia to pay the
annuities above mentioned are faithfully kept and performed
in accordance with the terms of said will of Edward W. James,
deceased; and at the death of both of the said annuitants-Frances
R. Curd and Helen Wood Rogers- to pay over to the
University of Virginia, free and clear of any charge or obligation
whatsoever, the principal of said Thirty-seven Hundred
and Twenty-one Dollars and Ninety-eight Cents ($3721.98)
so held as security, together with any interest which may
accrue thereon remaining unpaid. | | | Similar Items: | Find |
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