A catalogue of the officers and students of the University of Virginia | ||
FOUNDATION OF SCHOLARSHIPS.
The attention of those who may desire to make a permanent
benefaction for young men who are unable to meet the expenses
of a University education, is called to Virginia statutes with regard
to the foundation of scholarships in the University:—
Whenever any person shall deposit in the treasury of the State or
bequeath money to be so deposited, or bequeath property to be sold
and the proceeds so deposited for the benefit of the University of
Virginia [Rector and Visitors of the University of Virginia], to such
an amount that the interest thereof shall be sufficient to educate and
maintain thereat one or more students, the said fund shall be invested
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[the Rector and Visitors of the University of Virginia]. Such donation
shall be irrevocable, but the donor or his heirs, or their guardian
if they be under twenty-one years of age, shall have the right to
nominate and place in the University one or more students to be
maintained on the interest of said donation according to the regulations
prescribed by the Board of Visitors.
A catalogue of the officers and students of the University of Virginia | ||