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1Author:  University of Virginia Board of VisitorsAdd
 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.
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