University of Virginia Library

REQUEST OF THE GOVERNOR OF VIRGINIA FOR PERMISSION TO CHARGE OFF CERTAIN STATE STUDENTS' LOAN NOTES.

RESOLVED by the Board of Visitors of the Rector and Visitors of the University of Virginia that the Governor
of the Commonwealth of Virginia be requested to give approval to the charging off of our State Students'


425

Loan Notes account the following uncollectible items:

Notes of J. Lewis Vaughan:

     
#926,  dated October 1, 1927  $35.00 
928,  dated January 1, 1928  50.00 
1091,  dated February 25, 1929  50.00  $135.00 

Vaughan borrowed a total of $150.00 while a student here and had paid only
$15.00 on the principal when he died leaving no estate, a widow and several
small children. An effort was made to collect the debt from his father
who was endorser, but without any success.

Notes of Earl Musick:

       
#861,  dated April 20, 1928  $50.00 
866,  dated June 20, 1928  50.00 
891,  dated February 5, 1928  Bal.  40.00 
961,  dated August 1, 1928  50.00  $190.00 

Musick borrowed from the State Loan Fund a total of $300.00, represented
by three notes of $50.00 each, and two notes of $75.00 each. He was
adjudged a bankrupt and we accepted a compromise settlement from his endorser,
C. W. Warren, by which we received a cash payment of $110.00 in
full settlement, leaving a balance of $190.00.

President Combs presented the following matters for Mary Washington College: