University of Virginia Library

JOHN ALLAN LOVE TRUST

The President reminded the Board of his detailed report at the meeting of the Board on 9 December 1961
concerning the establishment by Mr. John Allan Love, of Clayton, Missouri, of a scholarship fund, with
preference being given to students who reside in St. Louis County and St. Louis City, Missouri. Mr. C.
Venable Minor, Special Counsel of the University, had visited Mr. Love in Missouri in December 1961 and
had prepared a draft of a proposed trust agreement between Mr. Love and The Rector and Visitors. Since
Mr. Love desired that the trust agreement be executed prior to his departure for a stay of several months
in Florida, the President stated that, on behalf of The Rector and Visitors, he had executed the trust
agreement, which carried the date of 11 December 1961. The President asked for confirmation of his action
by the Board and therefore proposed and the Board adopted the following resolution

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia that the
action of the President in executing, in the name and on behalf of The Rector and Visitors, the Trust
Indenture between John Allan Love and The Rector and Visitors of the University of Virginia, dated 11
December 1961, be and it is hereby ratified, approved, and confirmed.