University of Virginia Library

F. P. MALLORY LOAN IN THE SEWARD ESTATE: COMPROMISE SETTLEMENT:

The President advised the Board that F. P. Mallory, who had borrowed $2,000 from Dr. Walter M.
Seward during his lifetime, which security came to the University as part of his bequest, had been reduced
to $912.60 with $492.84 of accrued interest, and that he had offered a compromise settlement of the debt
by making a cash payment of $1,000, and recommended its acceptance. Acceptance of the offer was approved.