University of Virginia Library

SALE OF LAND ON LANE ROAD TO W. B. RUSSELL

This matter was presented by Mr. W. Allan Perkins, Attorney for the University.

Mr. Perkins stated to the Board that by an Act of the General Assembly approved April 4,
1950 (House Bill No. 564) the University was authorized to sell and convey to William B. Russell
on such terms and conditions as the Board of Visitors may determine and subject to the approval of
the Governor, a strip of land now owned by the University situated on the south side of Lane Road
and fully described in said Act, and that said Russell has made an offer of $100.00 cash for said
small strip of land which is a fair and adequate price for same.

Mr. Perkins also presented to the Board a deed by which said strip of land is to be conveyed
to said William B. Russell for $100.00 cash, which deed has been approved by the Honorable
John S. Battle, Governor of Virginia, as evidenced by his signature affixed thereto.

It was, thereupon,

RESOLVED that Colgate W. Darden, Jr., President, be and he is hereby authorized and
directed to execute said deed in the name and on behalf of The Rector and Visitors of the University
of Virginia, and Vincent Shea, Secretary of this Board, is instructed to affix the corporate
seal thereto and to deliver said deed to said William B. Russell upon payment by him of the sum of
$100.00.