 | Board of Visitors minutes April 19, 1917 |  |
SIXTH.
All of the property delivered to said University in
accordance with the foregoing terms, except the securities
turned over to be held by it as collateral for said Parrish's
bond, shall immediately upon such delivery become
the absolute property of said University and be held by it
in fee simple. Title to said collateral shall remain in
said Parrish, of course, subject, however, to the right hereinbefore
given said University to sell and deliver the same
and apply the proceeds to the payment of said Parrish's
bond.
IN TESTIMONY WHEREOF the said Philip Percy Parrish
has hereunto affixed his signature and seal, and said Rector
and Visitors of the University of Virginia has caused its
name to be signed hereto by Armistead C. Gordon, Rector, and
its Corporate Seal to be hereunto affixed and attested by E.
I. Carruthers, its Secretary, this 31st day of January, 1917.
[Description: (SEAL)] UNIVERSITY OF VIRGINIA
Rector.
[Description: (SEAL)]
Secretary.
| Board of Visitors minutes April 19, 1917 | |