University of Virginia Library

THE MARINERS' MUSEUM

The University of Virginia has a contingent remainder in property of the Mariners' Museum, Newport News, Virginia. While this is a remote interest, the Museum has from time to time felt it incumbent to consult the University and obtain approval of actions affecting this property.

Presently, the Mariners' Museum desires to enter into a lease with the City of Newport News covering a portion of the real estate owned by the Museum and desires the University of Virginia to unite therein as evidence of approval of the terms and conditions thereof.

The proposed lease was then submitted to the meeting. In order to give its approval to the lease and approval to other comparable actions as they may arise, the following resolution was adopted:

• RESOLVED by The Rector and Visitors of the University of Virginia that the President and Secretary be and they hereby are authorized, directed, and empowered to unite in the name and on behalf of The Rector and Visitors of the University of Virginia in a lease dated November 25, 1968 from The Mariners' Museum to the City of Newport News of two parcels of property on the East side of J. Clyde Morris Boulevard, in the City of Newport News, Virginia, the parcels being more fully described in such lease, for the sole purpose of evidencing its approval of the terms and conditions of such lease, and to affix the corporate seal of The Rector and Visitors of the University of Virginia thereto, and further to acknowledge and deliver the same to the Mariners' Museum.
• RESOLVED FURTHER that the President and Secretary be and they hereby are authorized, directed, and empowered in the name of The Rector and Visitors of the University of Virginia to execute any other instrument which may affect the University's interest in property at any time titled in the Mariner's Museum a Virginia corporation, for the sole purpose of evidencing the University's approval of the terms and conditions of such instrument and to affix the corporate seal of The Rector and Visitors thereto, and further to acknowledge and deliver the same to the Mariners' Museum.