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1Author:  University of Virginia Board of VisitorsAdd
 Title:  Board of Visitors minutes (1931) November 17, 1931  
 Published:  1931 
 Subjects:  University of Virginia::Board of Visitors | University of Virginia Library, Text collection | UVA-LIB-Text 
 Description: A special meeting of the Board was held on this date at 8 o'clock P. M., with the Rector, Fred W. Scott, and Visitors Buchanan, Carson, Hall, Munford, Rinehart, Shackelford, Walker and Williams, and Acting President Newcomb, present. The Building Committee wishes to report as follows: Under date of October 28th, 1929, Messrs. Kieffer & Woodward, Attorneys of 31 Nassau Street, New York City, acting for the Estate of Thomas F. Ryan, deceased, addressed a letter to Mr. Newcomb, in which these gentlemen stated that since the provision of paragraph X of ARTICLE FIRST of Mr. Ryan's will, giving a net income of $3000.00 per year for the Thomas F. Ryan Scholarships was educational in its nature, and therefore perpetual, the Trustees under Mr. Ryan's will, namely— Messrs. William C. Potter and Clendennin J. Ryan, were anxious to be relieved of the duties of administering the capital fund from which this income is to be produced, and they have asked that Mr. Newcomb would consider the advisability of having The Rector and Visitors of the University of Virginia substituted as Trustee of said fund in the place and stead of the Trustees named in said will.
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