University of Virginia Library

Opposing Valuations

The Governor's report quoted an estimated
value for the total land according to Ray Hunt
the University Comptroller at $300 per acre.

The Virginia Electric and Power Company
recently paid approximately $19,000 for a right
of way through almost 30 acres of prime
timberland in the Forest. The price amounts to
almost $670 an acre.

The forest which was established as a
working branch of the University's Forestry
School in 1935 has served and furthered study
of forestry to the youth of Virginia since its
inception.