University of Virginia Library

RESOLUTION AUTHORIZING EXECUTION OF
AMENDATORY LOAN AGREEMENT

WHEREAS, The Rector and Visitors of the University of Virginia, a public educational
institution, organized and existing under and by virtue of the laws of the Commonwealth of Virginia,
(Herein called the "Borrower"), has heretofore entered into a certain Loan Agreement dated
as of April 1, 1957, (Herein called the "Loan Agreement") with the United States of America, acting
by and through the Housing and Home Finance Administrator (Herein called the "Government"),
with respect to a loan to the Borrower under Title IV of the Housing Act of 1950, as amended, and

WHEREAS, the Borrower has requested that certain revisions be made in the said Loan
Agreement, and the Government has pursuant thereto submitted to the Borrower a certain Amendatory
Loan Agreement dated as of December 1, 1959, (Herein called the "Amendatory Loan Agreement"), for
approval and execution by the Borrower, which said Amendatory Loan Agreement is satisfactory,

NOW, THEREFORE, BE IT RESOLVED BY said The Board of Visitors of the Borrower that subject
to the approval of the Honorable J. Lindsay Almond, Jr., Governor of Virginia, the said Amendatory
Loan Agreement, a copy of which is attached hereto, be and the same is hereby approved. The President,
Edgar F. Shannon, Jr., is hereby authorized and directed to execute the said Amendatory
Loan Agreement in the name and on behalf of the Borrower, in as many counterparts as may be necessary,
and the Secretary, Weldon Cooper, is hereby authorized and directed to affix or impress the official
seal of the Borrower thereon and to attest the same, After approval by said Governor of Virginia
as aforesaid, the proper officer is directed to forward the said executed counterparts of the said
Amendatory Loan Agreement to the Government, together with such other documents evidencing the
approval and authorization to execute the same as may be required by the Government.

(3) The Board unanimously adopted, on motion of Mr. Blanton, duly seconded, the following
resolution