A catalogue of the officers and students of the University of Virginia | ||
DONATIONS TO THE UNIVERSITY OF VIRGINIA.
Under an act of the Legislature entitled "A bill to encourage
donations to the University of Virginia and to constitute the State of
Virginia the trustee thereof," "any person may deposit in the
treasury of this State, or bequeath money, stocks, or public bonds of
any kind to be so deposited, or grant, devise or bequeath property,
real or personal, to be sold, and the proceeds to be so deposited, in
sums not less than one hundred dollars, which shall be invested in
certificates of debt of the State of Virginia, or the United States, or
any other State thereof, for the benefit of the University of Virginia;
and in such case the interest or dividend accruing on such stocks,
certificates of debt or bonds, shall be paid to the rector and visitors
of the University, to be by them appropriated to the general purposes
thereof, unless some particular appropriation shall have been originated
by the donor or testator as hereinafter provided . . . . . . . . . .
The State of Virginia is hereby constituted the trustee for the safekeeping
and due application of all funds which may be deposited in
the treasury in pursuance of this act."
The legal title of the University corporation is "The Rector and
Visitors of the University of Virginia."
A catalogue of the officers and students of the University of Virginia | ||