University of Virginia Library

3 - PLANS FOR THE FUTURE

a - Executive Direction of Fund

The Richmond Headquarters were closed July 9th, at which
date the executive direction of the Fund passed to the Alumni
Secretary's Office. A sum, not exceeding $10,000, was appropriated
from the Fund for the purpose of financing the Alumni
Office, in order that it might properly carry on this work.
I have strongly recommended that Mrs. Noland be employed in
the Alumni Office, for the purpose of carrying on the work of
the Fund, with which she is, or course, absolutely familiar.

b - Collection of Subscriptions

The Student subscriptions and the Charlottesville subscriptions
were distributed among the four Charlottesville Banks
for collection. These banks agreed to perform this service without
cost to the Fund. All other subscriptions were turned
over to the Virginia Trust Company, Depositary of the Fund,
which also agreed to collect these subscriptions without cost
to the University.