 | Board of Visitors minutes June 12, 1933 |  |
II.
Duties of Executor:
(1) Payment of debts
(2) Collection of Assets.
(a) Money in Banks
(b) Open Accounts - None
(c) Past due obligations
(3) Payment of Taxes
(4) Maintaining Insurance
(5) Settlement and delivery of Estate at end of six months
(a) Possibility of suit to set will aside
(b) Probabilities of success of such proceeding
(c) Result if will is set aside
(6) Management of Estate from Bursar's office instead of by Executor
(a) Collection of debts over long period of years, and gradual
liquidation of Estate.
| Board of Visitors minutes June 12, 1933 | |