 | Board of Visitors minutes December 9, 1949 |  |
DEVELOPMENT FUND
The minutes of the September 8, 1949 meeting of the Executive Committee of the Development
Fund were read and approved. The Rector stated that he had conferred with Admiral Halsey, who was
in accord with the action of the Executive Committee
The Rector pointed out that to carry out the recommendations of the Executive Committee of
the Development Fund it would be necessary for certain work of the Fund to be continued, such as
acknowledgment of payment of pledges, the sending of follow-up letters, etc. The Bursar was asked
to supervise this work until February 1, 1950 or until such time as President Darden could make permanent
arrangements for the transfer of the records of the Development Fund. The Bursar was authorized,
in consultation with the Rector, to continue the employment of one or two secretaries of the Development
Fund until February 1, 1950
The Board approved a proposal by the Rector to authorize Admiral Halsey to occupy "Four
Acres" for an indeterminate time at a monthly rental of $250, and further authorized his continued
use of his present office in the Rotunda
| Board of Visitors minutes December 9, 1949 | |