University of Virginia Library

BILOXI MARSH LAND CORPORATION - SUCCESSION OF VINCENT

President Shannon reported that Board action was required because of the University's position
as a legatee of the late Hugh E. Vincent of New Orleans, Louisiana. The proposed action, which
was incorporated in a resolution which President Shannon presented, had received the prior approval
of Judge Wayne Borah, the University's representative in the matter, and Mr. C. Venable Minor,
Special Counsel of the Board.

The Board adopted the following resolution

RESOLVED that The Rector and Visitors of the University of Virginia, a body corporate, as a
universal legatee of the late Hugh E. Vincent, acknowledges that in the sale to Biloxi Marsh Lands
Corporation by Hugh E. Vincent by act before Felix J. Dreyfous, notary, on February 18, 1936,
registered in St. Bernard Parish conveyance book 41 folio 90, there were included, among other
things, either by specific description or under the omnibus provisions thereof, all of the rights,
title, and interests of the vendor in and with respect to that certain property in St. Bernard
Parish, La., fully described in the petition filed July 23, 1959, by Biloxi Marsh Lands Corporation
in proceedings no. 6938 in the 25th Judicial District Court for the Parish of St. Bernard, La.,
entitled "Biloxi Marsh Lands Corporation v. Mrs. Mildred Saffold Vincent et al", and as alleged
therein and that Edgar F. Shannon, Jr., the President of this board, be and he is hereby authorized
to sign and execute, on behalf of this corporation, such instruments and documents as he deems
necessary for this purpose.