Board of Visitors minutes January 31, 2003 | ||
RENAMING OF THE JAMES MADISON PROFESSORSHIP IN LAW; THE JOHN BARBEE MINOR PROFESSORSHIP IN LAW; AND THE JAMES MONROE PROFESSORSHIP IN LAW
WHEREAS, the James Madison Professorship in Law, the John Barbee Minor Professorship in Law, and the James Monroe Professorship in Law, are the oldest endowed professorships in the School of Law; and
WHEREAS, the incomes from the endowments established to support these professorships are inadequate for the purposes for which they were set up; and
WHEREAS, the late David A. Harrison, III, of Prince George County made a generous bequest to the School of Law for the support of professorships in the School;
RESOLVED that the Board of Visitors directs that $4.8 million of the Harrison bequest be divided equally and applied to the support of the James Madison Professorship in Law, the John Barbee Minor Professorship in Law, and the James Monroe Professorship in Law, thus providing 1.6 million for each chair; and
RESOLVED FURTHER that the three professorships be renamed, respectively, the James Madison Distinguished Professorship in Law, the John Barbee Minor Distinguished Professorship in Law, and the James Monroe Distinguished Professorship in Law, with all of these professorships to continue to be held in the School of Law. In taking these actions, the Board expresses its profound gratitude for the generosity of David A. Harrison, III.
Board of Visitors minutes January 31, 2003 | ||