 | Board of Visitors minutes April 25, 1928 |  |
A called meeting of the Rector and Visitors was held
on this date at 8:00 P. M., being continued on the
morning of the 26th at 10 o'clock, with the following
members present: Visitors A. C. Carson, Hart, Hull, McIntire,
Rinehart, Scott and Williams, and the Rector C.
Harding Walker, and President Alderman. All members present
at the morning session except Mr. Hull.
Judge A. C. Carson, appointed to succeed Mr. M.
Carter Hall as a member of the Board from the Piedmont
and Valley Division of the State, was qualified as a
Visitor.
Judge Carson was appointed by the Rector to the
Buildings and Grounds Committee to succeed Mr. Hall.
The President made the following announcements:
Attendance:
| For the present session, | 2,188. |
| For the whole year, | 5,025. |
Gifts:
| From the late Gaetano Lanza, bequest to the Department of Engineering at the University of Virginia, the amount estimated by Executor to be approximately |
$10,000 |
| From the late R. L. Parrish, annual income from bequest to University released by the death of Dr. Philip Percy Parrish |
2,250 |
| From Mr. Robert C. Taylor of New York, to be added to the "Francis H. Smith" Timing System Fund |
1,000 |
| From Samuel W. Zimmer, et als, balance due on Samuel Watts Scholarship of $5,000 |
1,000 |
| From one of Charlottesville's loyal and generous citizens, who requests that his name not be made public, a gift in the form of a moving picture outfit, for the use of the cripple children of the Hospital, value |
650 |
| From the Alumni of the Seven Society, for the Medical Alumni Scholarship for the year 1928-29 |
350 |
| From the local chapter of the Seven Society, to be used for the University by the President, at his discretion |
77.77 |
| From the Carnegie Corporation of New York, an appropriation of $10,000 by the Corporation to the University of Virginia, for the purchase of equipment for its Fine Arts Department |
10,000 |
The following resignations leave of absence and
elections and promotions were duly ratified:
Resignations:
Dr. Bruce Williams, Professor of Political Science.
RESOLVED, That the Rector and Visitors of the
University of Virginia accept with regret the
resignation of Dr. Bruce Williams, Professor
of Political Science. Dr. Williams has carried
forward his work here at this University with
devotion and skill, and the Rector and Visitors
wish him continued success in his new field.
Dr. Charles P. Olivier, Associate Professor or Astronomy.
RESOLVED, That the Rector and Visitors of the
University of Virginia accept with regret the
resignation of Dr. Charles P. Olivier, Associate
Professor of Astronomy. Dr. Olivier has carried
forward his work here with devotion and skill,
and the Rector and Visitors wish him continued
success in his new field.
Prof. Wm. E. Knight, Associate Professor of
Romanic Languages.
RESOLVED, That the Rector and Visitors of the
University of Virginia accept with regret the
resignation of Professor William E. Knight, Associate
Professor of Romanic Languages. Professor Knight
has carried forward his work here with devotion
and skill, and the Rector and Visitors express
to him their sentiments of good will and appreciation.
Resignation of:
Dr. W. A. Lambeth, Supt. of Buildings and Grounds.
Resolved, That the Rector and Visitors of the
University of Virginia accept with regret the resignation
of Dr. W. A. Lambeth as Superintendent of
Buildings and Grounds. They appreciate the devoted
services of Dr. Lambeth in this field.
Leave of Absence:
Prof. Arthur Kyle Davis, Jr., Associate Professor of
English.
RESOLVED, by the Rector and Visitors that leave
of absence, without salary, be granted Professor
Arthur Kyle Davis, Jr., Associate Professor of English,
for the academic session 1928-29, as holder of the
Sterling Fellowship at Yale University, for research
work.
Elections:
Dr. Frank A. Geldard, Associate Professor of Psychology
at a salary of $3,250.Dr. J. W. Beams, Associate Professor of Physics, at a
salary of $3,500.Dr. William P. Maddox, Acting Associate Professor of
Political Science, at a salary of $2,750.Thomas Carey Johnson, Jr., Associate Professor of
History, at a salary of $3,000.Dr. Oreste Rinetti, Assistant Professor of Italian, at
a salary of $2,500.Thadeus Braxton Woody, Assistant Professor of Spanish
at a salary of $2,500.Julio Suarez Galban y Hernandez, Instructor in Spanish,
at a salary of $1,700.Incumbency for the above to begin September 15, 1928.
Miss Louis Oates, Professor of Nursing Education, at
a salary of $3,000, incumbency to begin April 1,
1928.Mr. Frank T. de Vyver, Research Assistant in Labor
Problems in the University of Virginia Institute
for Research in the Social Sciences, from February
15, 1928 to February 14, 1930, at an annual salary
of $2,500.Mr. Hugh Fuller, Associate Research Professor in
Criminal Law Procedure, in the University
of Virginia Institute for Research in the Social
Sciences. Incumbency to begin January 1929,
with a salary of $4,000.
Promotions, Effective with the session 1928-29:
Arthur F. Benton, M. A., Ph. D., Associate Professor
to Professor of Chemistry.Harry Rogers Pratt, Associate Professor of Music to
Associate Professor of Music and Dramatic Art.Vincent W. Archer, B. A., M. D., Assistant Professor
to Associate Professor of Roentgenology.J. S. Miller, Jr., B. S., E. E., Assistant Professor
to Associate Professor of Electrical Engineering.Charles Henderson, E. E., Assistant Professor to
Associate Professor of Experimental Engineering.George T. Starnes, M. A., Ph. D., Assistant Professor
to Associate Professor of Commerce and Business
Administration.Eustace E. Windes, M. A., Assistant Professor to Associate
Professor of Secondary Education.Thelma Brumfield, B. A., M. D., Instructor to
Assistant Professor of Bacteriology & Pathology
at a salary of $3,000.
Special Appropriations:
The following special appropriations were approved:
Installation of electric laundry at President's
House, $165.00.
Renewal of the appropriation to the Alumni Association
to be used for employment of a part-time assistant
The following action was taken in selection of
Architect for the proposed Dormitory or Dormitories, and
Academic Building:
The Committee on New Buildings, to which was
referred at the February meeting of the Board the
selection of architects for the dormitory or dormitories
and academic building to be erected at the
University under the appropriations made at the 1928
meeting of the General Assembly, recommended Messrs.
Walter D. Blair, John K. Peebles and R. E. L. Taylor,
and Prof. Edmund S. Campbell of the department of
Art and Architecture of the University.
On motion, the report of the Committee was
unanimously approved by the Board, on condition
that the total expense for plans, specifications and
supervision, other than that furnished by the owners,
does not exceed 5% of the contract price.
The Board, on motion, decided to employ a landscape
architect of approved standing to make a plat of
the contemplated buildings on the University campus,
locating on this plat the dormitory or dormitories
and academic building.
On motion, the New Buildings Committee is authorized
to employ a landscape architect and to go forward in
preparations for the erection of the buildings and
report to the Board its action hereunder.
Committee:
Rinehart
Williams
Scott
McIntire
Hull
The request of Mr. Robert C. Taylor, donor of the
Timing System now being installed in the University
buildings, that said system be named the "Francis H.
Smith Timing System," after the "Grand Old Man of the
University," was unanimously approved.
The President submitted a report on the request of the
faculty for change in payment of salaries. The same was read,
and the following resolutions relating thereto were adopted:
of the
University of Virginia.
For a number of years it has been the policy of the
University to pay the salaries of its administrative
officers and members of the teaching staff, above the grade
of instructor, on a yearly basis in monthly installments
on the first of each month. This practice arose from
the payment of salaries to its professors in large part
from the fees from their respective students, being made
in quarterly payments. Later this was changed to five
payments per session and, finally, to monthly payments
in advance when students' fees were no longer allocated
to professors' stipends. This policy of payments in
advance was also justified by reason of the fact that the
State's appropriation to the University was received in
monthly allotments on the first of each month for the
current month.
When the Reorganization Act became effective on
March 1, 1928, the State authorities declined to continue
the practice of payments of personal service in advance,
basing their course on the law which prohibits the State
Treasurer from making payments to persons for services
rendered until the services have been actually rendered.
Upon learning of this ruling, the General Faculty,
feeling that they would be seriously inconvenienced by
the change in policy, met and discussed the situation,
and passed a resolution requesting the President of the
University to change the plan of salary payments to
nine for the session instead of twelve for the fiscal
year, basing their request on the grounds that they were
employed for a session of nine months and that they were
entitled to their pay in nine installments.
This plan was presented to the Governor and his
administrative heads and was agreed to for the future.
As to the remainder of the present session, an agreement
was reached whereby the State Treasurer would pay four-ninths
of their salaries; one-ninth on the first of March,
April, May and June, respectively. And, beginning with
the session of 1928-29, to pay the salaries in nine installments
beginning with October 15th and continuing to June
15, 1928. The State Treasurer stated that he was prohibited
from making salary payments in advance; but, that for the
present session, in view of the fact that the faculty had
but had received only 5-1/2 twelfths of their pay, it
would be agreeable to pay from the State Treasury four-
ninths of said pay.
To accomplish this change in policy and, at the
same time, not to exceed the State's appropriation for
salaries for the fiscal year beginning March 1, 1928,
the University will be required to pay from its funds to its
teaching staff, for the two and one-half months from
July 1, to September 15, the remainder due them for the
session of 1927-28. The amount due each member of the
faculty, above the grade of instructor, is 7/72nds of his
salary for the session, amounting to the sum of $27,000.
As the University has no surplus funds out of which
to meet this emergency expenditure, the amount will have to
be carried as an addition to the existing deficit until
such time as the State can be induced to make an appropriation
to clear it from our books, or until it can be
cared for by some other means.
I beg to submit the accompanying resolutions to dispose
of the several matters referred to.
RESOLVED, BY THE RECTOR AND VISITORS OF THE UNIVERSITY
OF VIRGINIA:
That the action of the President in changing the salary
installments to members of the faculty from twelve for the
fiscal year to nine for the academic year, for the remainder
of the session of 1927-28, be, and is, hereby approved.
That the President be, and is, hereby authorized to pay
the remaining 7/72nds of the salaries due the members of
the faculty for the session of 1927-28, from July 1,
to September 15th in three equal installments, July 1,
August 1, and September 1st, respectively; and, that to
meet this emergency expenditure the sum of approximately
$27,000 is authorized to be carried as an addition to the
existing deficit until such time as funds may be available
from State appropriation, or other sources, to cancel
the same.
That the salaries of the members of the teaching staff,
beginning with the session of 1928-29, be paid in nine
installments; the first to be paid on October 15th, and
the last on June 15th, in each session.
The request of Dean Page that the regulations concerning
payment of `students' fees, General Catalogue, page 129,
be amended by the insertion of the following, was adopted:
"The above regulation will also apply in the
case of any student, who owes a fine to the
University Library and who permits the fine
to remain unpaid for fifteen days."
The request of T. J. McLaughlin, with respect
to placing a memorial window in a church in West
Roxbury, Mass., by the University of Virginia as a
memorial to his late wife, Mary Austin McLaughlin,
was considered, but it was not deemed wise to establish
such a memorial. The matter of a suitable memorial was
left with the President.
The New Buildings Committee submitted a report, showing
the financial situation with respect to the new medical
group, the contracts that had been let, the work in progress,
etc., which was read and ordered filed.
It was stated to the Board that the Virginia Teachers
Association desired to defer to next fall, not later than
October 1, paying the remainder due on its pledge toward
the construction of the Preventorium at the University.
The delaying of said payment was agreed to by the Board.
The following action was taken in the matter of
lease of the Tea Room in the Entrance Building of the
University:
RESOLVED, That the proposed contract for the
rental of the University Tea Room to Mrs. W. V. Nance
for a period of five years, beginning March 1, 1928,
at $165.00 per month, be and is hereby approved, and
the Rector is authorized to sign the same on behalf
of the Rector and Visitors of the University of Virginia.
The Rector stated to the Board that a compilation of
all the Statute Law Of Virginia, affecting the University,
has been completed by Mr. Berkeley Minor and Mr. James
Fontaine Minor, both of whom are Alumni of the University,
has been heretofore ordered printed by this Board, and is
now in the hands of the printer.
It was thereupon
RESOLVED, That the labor performed by Mr. Berkeley
Minor and Mr. James Fontaine Minor for their Alma Mater,
involving the examination of all Acts of Assembly from
1802 down to and including the Extra Session of 1927,
and the transcription of all relevant matter, is of the
greatest value to the University, to its Officers and to
this Board. Through their painstaking efforts the records
of the University have been richly added to, and
the Rector and Visitors now desire to record their appreciation
and express their sincere thanks to these
gentlemen for their generous gifts.
A request was presented to the Board on behalf of
Farmington, Incorporated, by which said Company asked to
be allowed to lay and maintain a six-inch pipe line from
the City main at Dawson's Row, across aportion of the
University's grounds, and to locate upon said pipe line
a small booster pump, as shown upon the plat of Lee H.
Williamson, Consulting Engineer, attached to said petition.
It was also shown to the Board that this request had been
investigated and approved by the Committee on Buildings
and Grounds, and by Dr. W. A. Lambeth, Superintendent
of Buildings and Grounds. It was thereupon
RESOLVED, That said Farmington, Incorporated,
be, and is hereby, granted the privilege of construction
and maintaining the pipe line and pump upon
the location shown upon said plat, upon the distinct
condition, however, that said pipe line and pump
shall be removed, or relocated, by said Farmington,
Incorporated, its successors or assigns, at any time
in the future upon the request of this Board.
In other words, the right so granted is a mere
license and shall not be construed as creating an
easement or vested in said Farmington, Incorporated,
its successors or assigns.
(Mr. Rinehart was excused from voting on the
foregoing as he is a member of the Board of Directors
of the said corporation.)
Mr. W. Allan Perkins, Attorney for the University,
stated to the Board that two former patients of the
Hospital, Clarence Twitty and B. W. Humphries were
asserting claims for personal injuries received while
patients of said Hospital, and asked for instructions
in the matter, whereupon the following resolution was
adopted:
RESOLVED, That all questions arising out of the
claims of Clarence Twitty and B. W. Humphries against
the University Hospital be and are hereby referred
to a Committee composed of the President, the
Attorney for the Board, Mr. Rinehart and Mr. McIntire,
which Committee is hereby given full power
to act.
The question of whether or not it may be more
economical to produce the electric current used by the
University or to purchase same from the Virginia Western
Power Company, was brought up, and, on motion, the
following was adopted:
RESOLVED, That the Engineering Department of the
University be requested to make a study of the
question of producing or purchasing electric current
and report to this Board with a statement of comparative
costs of same.
The President presented the budget for the fiscal
year beginning July 1, 1928, which was considered by the
Board by items and by sections, and approved in following
resolutions, which were unanimously adopted:
RESOLUTIONS ADOPTING THE BUDGET FOR FISCAL YEAR 1928-29
RESOLVED, That the budget for the University of Virginia
for the fiscal year 1928-29, presented by the President,
be and the same is hereby approved, and the increases in
salaries as shown therein are recommended to the Governor
for his approval in accordance with the provision of the
Act of the Legislature of the session of 1926.
That the appropriations therein contained for personal
services shall be payable as follows:
For officers of administration and administrative employees,
deans and directors of departments, the appropriations are
for the fiscal year beginning July 1, 1928, and shall be
paid in twelve monthly installments beginning July 31, 1928:
For the members of the teaching staff of the regular
session, the appropriations are for the session beginning
September 15, 1928 and ending June 15, 1929, and their
salaries shall be paid in nine equal installments; the
first of such payments to be made on October 15, 1928:
For the members of the teaching staff of the Summer
Quarter, the appropriations are for the quarter
commencing June 19, and ending September 1, 1928, and the
same shall be paid at the close of each of the terms
of the said Quarter:
In order that the appropriations made for contractual
services, supplies, materials, equipment, etc., to the
several departments and laboratories may conform to those
made in the State budget, in so far, as may be practicable,
the same shall be for the State's appropriation year,
beginning March 1, 1928 and ending February 28, 1929,
and any balances that may have been either to the credit
or debit of such laboratories as of March 1, 1928, shall
be cleared from the said accounts.
[Financial Budget follows on Page 332]
[Insert, Page 496, Minute Book]
| INCOME ESTIMATES | 1927-28 | 1928-29 | Incr. | Decr. | |
| FROM ENDOWMENT INCOME & GIFTS: | |||||
| I. | Endowments - Unrestricted | 113,927 | 112,763 | 1,164 | |
| Endowments - Restricted | 84,752 | 87,482 | 2,730 | ||
| II. | Students Loan Notes | 11,600 | 11,600 | ||
| III. | Gifts | 57,675 | 77,975 | 20,300 | |
| IV. | Carnegie Foundation - Retirements |
21,190 | 19,880 | 1,310 | |
| V. | Miscellaneous | 3,000 | 4,100 | 1,100 | |
| 292,144 | 313,800 | 21,656 | Net. | ||
| FROM REVENUE AND STATE: | |||||
| I. | Students Fees & Rents | 349,575 | 397,592 | 48,017 | |
| II. | Summer Quarter | 55,025 | 66,400 | 11,375 | |
| III. | Hospital | 174,685 | 174,685 | ||
| IV. | Cafeteria | 55,000 | 55,000 | ||
| V. | Blandy Farm | 10,500 | 8,000 | 2,500 | |
| VI. | Lectures & Entertainments | 7,285 | 8,000 | 715 | |
| VII. | Miscellaneous | 26,140 | 35,740 | 9,600 | |
| 678,210 | 745,417 | 67,207 | Net. | ||
| Total Revenues | 970,354 | 1,059,217 | 88,217 | Net. | |
| State Appropriations | 378,690 | 434,135 | 55,445 | ||
| Total Available | 1,349,044 | 1,493,252 | 144,308 | Net. | |
| Total Estimated Expenditures |
1,490,050 | ||||
| Surplus | 3,302 | ||||
| EXPENDITURES ESTIMATES: | Page No. |
1927-28 | 1928-29 | Incr. | Decr. | |
| I. | Administration | 8 | 66,360 | 66,350 | 10 | |
| II. | College & Graduate | 10 | 317,655 | 347,545 | 29,890 | |
| III. | Education Medicine | 15 | 114,410 | 153,076 | 38,666 | |
| IV. | Engineering | 18 | 40,300 | 42,625 | 2,325 | |
| V. | Education | 19 | 19,965 | 21,010 | 1,045 | |
| VI. | Law | 20 | 40,060 | 45,290 | 5,230 | |
| VII. | Physical Education | 21 | 13,047 | 14,442 | 1,375 | |
| VIII. | Summer Quarter | 22 | 89,225 | 98,225 | 9,000 | |
| IX. | Library | 24 | 23,110 | 35,730 | 12,620 | |
| X. | Extension | 26 | 47,750 | 48,975 | 1,225 | |
| XI. | Hospital | 28 | 245,450 | 246,667 | 997 | |
| XII. | Buildings & Grounds | 30 | 85,777 | 92,585 | 6,808 | |
| XIII. | Power Plant | 32 | 37,557 | 38,508 | 951 | |
| XIV. | Int. & Sinking Fund | 33 | 17,595 | 22,385 | 4,790 | |
| XV. | Publicity & Publ. | 33 | 8,925 | 6,800 | 2,125 | |
| XVI. | Pensions & Ann's | 34 | 23,440 | 27,680 | 4,240 | |
| XVII. | Scholarships | 35 | 25,277 | 26,062 | 785 | |
| XVIII. | Lectures & Concerts | 36 | 11,65 | 12,146 | 501 | |
| XIX. | Students' Loans | 36 | 15,100 | 14,700 | 400 | |
| XX. | Laundry | 37 | 16,390 | 15,365 | 1,025 | |
| XXI. | Cafeteria | 37 | 55,000 | 55,000 | ||
| XXII. | Inst. for Research | 37 | 29,450 | 27,500 | 1,950 | |
| XXIII. | Blandy Exp. Farm | 38 | 20,750 | 20,124 | 626 | |
| XXIV. | Refunds, Tuition & Rent |
39 | 11,500 | 1,500 | ||
| XXIX. | Inst. Public Affairs | 39 | ||||
| Total | 1,364,238 | 1,490,050 | 125,812 | Net. |
| 1927,28 Budget |
1928-29 Estimates |
Increase | Decrease | |
| INCOME - ENDOWMENTS AND GIFTS: | ||||
| ENDOWMENTS: | ||||
| I. GENERAL - INCOME UNRESTRICTED: | ||||
| Alumni Memorial Fund | 40,000 | 40,500 | 500 | |
| Austin Estate | 20,000 | 24,000 | 4,000 | |
| Adkins Donation | 6 | 6 | ||
| Blackwood Memorial | 300 | 300 | ||
| Centennial Endowment | 27,000 | 22,000 | 5,000 | |
| Coolidge | 1,300 | 1,300 | ||
| Herd | 7 | 7 | ||
| Ingle | 50 | 50 | ||
| James | 13,500 | 13,500 | ||
| Muir, John A. | 3,000 | 3,500 | 500 | |
| Parrish | 3,300 | 3,300 | ||
| Payne Donation | 5,164 | 4,000 | 1,164 | |
| Smith | 300 | 300 | ||
| 113,927 | 112,763 | 5,000 | 6,164 | |
| RESTRICTED: | ||||
| 1. Professorships; | ||||
| Linden Kent | 3,600 | 3,600 | ||
| John B. Cary | 2,500 | 2,500 | ||
| 6,100 | 6,100 | |||
| 2. Departmental: | ||||
| Art (Sachs Fund) | 206 | 206 | ||
| Art and Music (McIntire) | 9,700 | 9,700 | ||
| Astronomy (Vanderbilt) | 4,900 | 5,000 | 100 | |
| Biology & Agr. (Miller) | 5,250 | 5,250 | ||
| Com. & Bus. Adm. (McIntire) | 10,500 | 10,500 | ||
| Com. & Bus. Adm. (Porcher) | 60 | 60 | ||
| Education (Curry) | 4,600 | 4,600 | ||
| Engineering (Johnson) | 5,000 | 7,000 | 2,000 | |
| Engineering (Scott) | 200 | 200 | ||
| Hospital (Elizabeth H. Purcell) | 300 | 300 | ||
| Hospital (Lilia A. Bennett) | 300 | 300 | ||
| Medical (Cabaness Chair Nursing | 3,000 | 3,000 | ||
| Physics (Rogers) | 70 | 70 | ||
| Philosophy (Corcoran) | 6,000 | 5,500 | 500 | |
| 50,086 | 51,688 | 2,100 | 500 | |
| 3. Libraries: | ||||
| (a) General Purposes: | ||||
| Gordon | 315 | 315 | ||
| Green | 7,600 | 7,600 | ||
| Madison | 156 | 156 | ||
| Tree | 300 | 300 | ||
| (b) Book Funds: | ||||
| Bruce - English | 340 | 340 | ||
| Byrd | 840 | 840 | ||
| Fuller - Law | 500 | 500 | ||
| McKeldin - philosophy | 70 | 70 | ||
| Minor - Law | 530 | 530 | ||
| Tunstall - Poetry | 500 | 500 | ||
| 10,951 | 10,951 | |||
| 4. Memorial and Grounds: | ||||
| Senff - Grounds | 303 | 303 | ||
| McConnell Status | 33 | 33 | ||
| 336 | 336 | |||
| 5. Scholarships and Fellowships: | ||||
| Albemarle Chapter D. A. R. | 65 | 65 | ||
| Louis Bennett - Law. | 252 | 252 | ||
| Valentine Birely | 340 | 340 | ||
| J. Thompson Brown | 90 | 90 | ||
| T. P. Bryan Memorial | 300 | 300 | ||
| H. C. Cabell | 94 | 94 | ||
| Geo. Cameron (Centennial Endmt) | 300 | 300 | ||
| Isaac Cary | 580 | 580 | ||
| Kate Cabell Cox | 74 | 74 | ||
| Richard Eppes Mem (C'l E't) | 250 | 250 | ||
| E. J. Folkes | 2,200 | 2,200 | ||
| Elizabeth B. Garrett | 292 | 292 | ||
| B. W. Green | 1,200 | 1,200 | ||
| W. A. Herndon | 1,050 | 1,050 | ||
| W. E. Homes | 57 | 57 | ||
| Jas. R. Humphrey | 300 | 300 | ||
| J. Y. Mason Fellowship | 400 | 400 | ||
| E. M. Magruder | 60 | 60 | ||
| Samuel Miller | 750 | 750 | ||
| Hollis Rinehart | 300 | 300 | ||
| Phelps-Stokes Fellowship | 875 | 875 | ||
| W. H. Rives Fellowship | 250 | 250 | ||
| Roper (Centennial Endowment) | 250 | 250 | ||
| Isabella Merrick Sampson | 130 | 130 | ||
| Jas. H. Skinner | 2,600 | 2,600 | ||
| R. H. Whitehead | 730 | 730 | ||
| Jesse Parker Williams | 600 | 600 | ||
| 14,079 | 14,389 | 310 | ||
| 6. Lectureships: | ||||
| Barbour-Page | 1,100 | 1,100 | ||
| John W. Richards - Religion | 600 | 1,400 | 800 | |
| Wm. H. White Memorial - Law | 880 | 900 | 20 | |
| 2,580 | 3,400 | 820 | ||
| 7. Construction: | ||||
| Poe Memorial | 6 | 6 | ||
| 8. Prizes: | ||||
| Rector & Visitors (Rinehart Gift) | 104 | 104 | ||
| John Horsley (Medicine) | 500 | 500 | ||
| Wm. Jennings Bryan | 10 | 10 | ||
| 614 | 614 | |||
| Total Income on Endowments Restricted |
84,752 | 87,482 | 3,230 | 500 |
| II. STUDENTS LAON NOTES & INTEREST: | ||||
| State Fund | 4,500 | 6,000 | 1,500 | |
| Harvard Fund | 1,000 | 1,000 | ||
| Lee Fund | 2,500 | 2,500 | ||
| Wright Fund | 200 | 200 | ||
| Seven Society Fund | 400 | 400 | ||
| Harrison Fund | 200 | 200 | ||
| Lynchburg Alumni Fund | 200 | 200 | ||
| Kiwanis Fund | 100 | 100 | ||
| Bennett Fund | 2,500 | 1,000 | 1,500 | |
| 11,600 | 11,600 | 1,500 | 1,500 | |
| III. GIFTS: | ||||
| Gen'l Ed. Board for Salaries | 8,000 | 8,000 | ||
| Commonwealth Fund for Pediatrics | 6,000 | 6,000 | ||
| S. A. Mitchell for Astronomy | 4,825 | 5,225 | 400 | |
| Laura Spelman Rockefeller Foundation for Research in the Social Sciences |
27,500 | 27,500 | ||
| Richmond Alumni for Research Professor of History |
3,500 | 3,500 | ||
| Thos. F. Ryan Scholarships | 3,000 | 3,000 | ||
| D. J. Hennesssy Scholarships | 500 | 500 | ||
| Seven Society Alumni Scholars'p | 350 | 350 | ||
| Du Pont Fellowship | 750 | 750 | ||
| Kiwanis Club Loan Fund | 100 | 100 | ||
| C. H. Harris Loan Fund | 100 | 100 | ||
| Lelia A. Bennett Loan Fund | 2,500 | 2,500 | ||
| C. M. Blackford Prize | 50 | 50 | ||
| Gen'l Ed. Board for Medical Education |
28,500 | 28,500 | ||
| U. D. C. for Woodrow Wilson Sch | 500 | 500 | ||
| 57,675 | 77,975 | 28,900 | 8,600 | |
| IV. RETIRING ALLOWANCE FUND: | ||||
| Carnegie Foundation | 21,190 | 19,880 | 1,310 | |
| V. MISCELLANEOUS: | ||||
| Int. one Endowment Cash | 800 | 800 | ||
| State Appro. for Loan Fund | 3,000 | 3,000 | ||
| Int. on Bank Deposits | 300 | 300 | ||
| 3,000 | 4,100 | 1,100 | ||
| Total Income Endowments and Gifts |
292,144 | 313,800 | 38,230 | 16,574 |
| ESTIMATED RECEIPTS - GENERAL: | ||||
| I. STUDENTS FEES AND RENTS: | ||||
| University fees - all depts | 105,000 | 105,000 | ||
| Tuition - College, Graduate & Educational Studies |
90,000 | 120,000 | 30,000 | |
| Law Department | 45,000 | 47,500 | 2,500 | |
| Medical Department | 40,000 | 47,000 | 7,000 | |
| Engineering Department | 14,000 | 16,000 | 2,000 | |
| Extension Fees | 17,375 | 17,375 | ||
| Dormitory & Furniture Rent | 15,000 | 15,000 | ||
| Special Examinations | 400 | 400 | ||
| Laboratory Fees: | ||||
| College: | ||||
| Art & Architecture | 1,000 | 1,000 | ||
| Biology | 2,500 | 2,500 | ||
| Chemistry | 9,000 | 9,000 | ||
| Geology | 300 | 300 | ||
| Physics | 1,800 | 1,800 | ||
| Medicine: | ||||
| Dept. of Internal Medicine | 1,517 | 1,517 | ||
| Dept. of Surgery | 5,000 | 5,000 | ||
| Anatomy | 1,400 | 1,400 | ||
| Bacteriology and Pathology | 700 | 800 | 100 | |
| Biochemistry | 1,000 | 900 | 100 | |
| Clinical | 500 | 500 | ||
| Histological | 500 | 500 | ||
| Pharmacological | 600 | 600 | ||
| Physiological | 600 | 600 | ||
| Engineering | 2,300 | 2,300 | ||
| Physical Training | ||||
| Locker Fees | 600 | 600 | ||
| 349,575 | 397,592 | 48,117 | 100 | |
| II. SUMMER QUARTER: | ||||
| Registration & Tuition Fees | 39,000 | 51,100 | 12,100 | |
| Laboratory Fees | 5,000 | 4,500 | 500 | |
| Medical Fees | 1,700 | 1,800 | 100 | |
| Dormitory Rents | 3,125 | 3,800 | 675 | |
| Miscellaneous | 1,200 | 1,200 | ||
| Entertainments | 5,000 | 4,000 | 1,000 | |
| 55,025 | 66,400 | 12,875 | 1,500 | |
| ESTIMATED RECEIPTS - GENERAL: | ||||
| III. HOSPITAL RECEIPTS: | ||||
| Private Rooms | 70,000 | 70,000 | ||
| Wards | 65,000 | 65,000 | ||
| Operating Rooms | 12,000 | 12,000 | ||
| Dressings and Drugs | 3,000 | 3,000 | ||
| Ambulance | 500 | 500 | ||
| X-Ray Department | 5,000 | 5,000 | ||
| Clinical Department | 3,500 | 3,500 | ||
| Electric Cardiagraph | 165 | 165 | ||
| Physio-theraphy | 2,000 | 2,000 | ||
| Special Nurses Meals | 5,000 | 5,000 | ||
| Out-Patient Department | 1,500 | 1,500 | ||
| Sales Educational Supplies | 1,000 | 1,000 | ||
| Miscellaneous | 2,000 | 2,000 | ||
| Donations by Staff for Stenographic help |
1,020 | 1,020 | ||
| From City of Charlottesville | 2,000 | 2,000 | ||
| From County of Albemarle | 1,000 | 1,000 | ||
| 174,685 | 174,685 | |||
| IV. CAFETERIA: | ||||
| Receipts from meals served | 55,000 | 55,000 | ||
| V. BLANDY EXPERIMENTAL FARM: | ||||
| Income from Operation: | ||||
| Sale of Applies | 6,500 | 5,000 | 1,500 | |
| Sale of Provender | 2,000 | 1,500 | 500 | |
| Rent of Pasture | 2,000 | 1,500 | 500 | |
| 10,500 | 8,000 | 2,500 | ||
| VI. LECTURES AND ENTERTAINMENTS: | ||||
| McIntire Concerts | 6,785 | 7,500 | 715 | |
| Ensemble Concerts | 500 | 500 | ||
| 7,285 | 8,000 | 715 | ||
| VII. MISCELLANEOUS: | ||||
| Bureau Tests & Measurements | 300 | 100 | 200 | |
| Interest on Students Notes | 600 | 600 | ||
| Interest on Bank Deposits | 800 | 800 | ||
| Electric Current Sales | 7,000 | 7,000 | ||
| Rents from Residences, Etc. | 7,500 | 7,200 | 300 | |
| Rent from Entrance Building, (net - Gross) |
1,200 | 5,100 | 3,900 | |
| Rent from Apartment House (net - Gross) |
2,500 | 10,000 | 7,500 | |
| Rent from C & A Loop | 240 | 240 | ||
| Heat Sales to Residences | 6,000 | 5,500 | 500 | |
| 26,140 | 35,740 | 11,400 | 1,800 | |
| VIII. STATE APPROPRIATIONS: | ||||
| For Educational Purposes General |
280,590 | 316,790 | 36,200 | |
| For Operation of Hospital & Laundry |
88,100 | 87,330 | 770 | |
| Sinking Fund and Interest | 10,000 | 22,515 | 12,515 | |
| Remodelling Library Building |
7,500 | 7,500 | ||
| 378,690 | 434,135 | 56,215 | 770 | |
| Total Estimated Receipts - General |
1,056,900 | 1,179,552 | 122,652 | (Net) |
| Income from Endowments and Gifts |
292,144 | 313,800 | 21,656 | (Net) |
| Total Available | 1,349,044 | 1,493,352 | 144,308 | (Net) |
(Continued in Minute Book No. 10.)
| Board of Visitors minutes April 25, 1928 | |