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1Author:  University of Virginia Board of VisitorsAdd
 Title:  Board of Visitors minutes (1908) January 6, 1908  
 Published:  1908 
 Subjects:  University of Virginia::Board of Visitors | University of Virginia Library, Text collection | UVA-LIB-Text 
 Description: At a called meeting of the Board of Visitors on above date in the President's Office, East Lawn, Enclosed please find copy of my letter to The Virginia Trust Co. of this State, which you will please file as my report on the loan of $12,000.00 to Messrs. A. W. Mosby and H. E. DeWitt. I am sending you herewith, for the account of the Rec- tor and Visitors of the University of Virginia: The Virginia Trust Company insists upon its charge of $150.00 for its services with the loan of bonds to the National Exchange Bank. Mr. Gilliam, President of the Bank, took the position, in which I concurred, that $50.00 was a fair amount for his bank to pay for this service, and, while I feel that the charge of the Virginia Trust Company is somewhat excessive, inasmuch as they have declined to reduce it, I have authorized them to charge the account of the University of Virginia with $100.00, in settlement of balance on this transaction.
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