 | Board of Visitors minutes December 10, 1954 |  |
381
MRS. SMITH AND MR. McWANE PRESENT
PROPOSED PURCHASE OF KNIGHT PROPERTY
President Darden laid before the Board a letter of 17 November 1954 from Mr. C. Venable
Minor suggesting that the University consider purchasing for an estimated price of $125,000
the "Locust Grange" property, a 28-acre tract between St. Anne's School and the Rucker Home
fronting on the south side of U. S. Highway 250, west of the University. After some discussion
of the University's expansion needs, the Board resolved that the purchase should not be
attempted.
| Board of Visitors minutes December 10, 1954 | |