 | Board of Visitors minutes July 6, 1926 |  |
A special meeting of the Rector and Visitors was called
on this date to consider matters pertaining to the Blandy
Farm bequest, with the following members present: Hull,
McIntire, Rinehart, Scott, Williams, Walker, Mrs. Munford
and President Alderman.
Upon the recommendation of the President the appointment
of Dean J. L. Newcomb as Assistant to the President
was approved in the following resolution:
RESOLVED, by the Rector and Visitors of the
University of Virginia, That Dean J. L. Newcomb be
and is hereby elected Assistant to the President,
for the year 1926-27, at a salary of $1,500, incumbency
to begin September 1, 1926.
Upon the recommendation of the President the following
elections to the faculty were unanimously approved:
RESOLVED, by the Rector and Visitors of the
University of Virginia, That Mr. Frank Bane, Commissioner
of Public Welfare, be and is hereby elected Associate
Professor of Applied Sociology, at a salary of $1,200
and traveling expenses, incumbency to begin with the
session of 1926-27.
RESOLVED, by the Rector and Visitors of the
University of Virginia, That Mr. Henry G. cker be
and is hereby elected Instructor in Education for the
year 1926-27, at a salary of $500.00.
The committee appointed to report on the Blandy Farm
bequest made the following report, which was adopted: (Mrs.
Munford desiring to be recorded as not voting, writing as
follows:
"I am reluctantly not voting on this proposition
because I very strongly approve of the acceptance of
the Blandy Farm by the Board of Visitors of the University
of Virginia, but I think that should the policy
be pursued which the discussion in the Board indicated
with reference to Mrs. Blandy, the widow of the donor
in some legal difficulty owing to her anxiety as evidenced
by her letter read at the Board meeting, which
indicate,d I thought, that she felt disturbed lest the
purpose of her husband in making this gift to the
University might not be carried out according to his
wishes.
As the only woman on the Board, and myself a
widow, I sensed a danger in not dealing with Mrs.
Blandy in a more direct nd sympathetic way than we
seemed up to that point to have done. It was, therefore,
with peculiar regret that I felt myself obliged
not to vote in regard to a proposition which involved
agricultural education in connection with the Univer-
sity of Virginia.")
Whereas Graham F. Blandy, deceased, of New York City,
has by his last will and testament, dated November 5, 1925,
provided in the Ninth Clause of said will:
I give, devise and bequeath to my said wife all that
portion of my farm in Clarke County, Virginia, as shown
in a survey made by C. H. Purcell, September 22, 1904, being
my original purchase of land from the Boyce family, known
as "The Tuleyries" consisting of about 210 acres with all
buildings thereon including contents of buildings and all
live stock on said farm, and I give and devise the remainder
of my said farm to the UNIVERSITY OF VIRGINIA, situated at
Charlottesville, provided the Board of Trustees or other
governing body of said University will agree to and does
call said farm "THE BLANDY EXPERIMENTAL FARM", and will run
it to teach boys farming in the various branches, including
fruit raising; but if said University shall refuse to
accept said farm with the conditions attached thereto as
specified herein, I direct that the remainder of said
farm shall become part of my residuary estate, and that said
remainder of said farm shall be sold. The refusal of said
University shall be conclusively assumed, unless written
acceptance of the gift of said remainder of my said farm
and an agreement to conduct as specified heroin, duly
signed by an authorized official of said University, shall
be delivered to my Trustee, hereinafter named, within six (6)
months after my death;
And, whereas the said Graham F. Blandy in the Eleventh Clause
of said will has provided
Upon the death of my wife I direct my Trustee to pay to
my nephew, GRAHAM BLANDY, Fifty Thousand Dollars ($50,000.00);
to my nephew, DALLAM BLANDY, Twenty-five Thousand Dollars
($25,000.00); to my nephew ALEXANDER B. BLANDY, Ten Thousand
Dollars ($10,000.00); all the remainder of my estate I direct
OF VIRGINIA, provided and only in event that said
University has accepted the remainder of my said farm as
hereinbefore devised under the conditions specified.
Should the UNIVERSITY OF VIRGINIA fail to accept the gift
of the remainder of my said farm under the conditions specified
within six (6) months after my death, I direct that my
Trustee shall pay over the remainder of my estate to such
charity or charities or institutions as my wife shall
direct by her Last Will and Testament.
And, whereas the said Graham F. Blandy in the Twelfth
Clause of said will has provided
I hereby nominate, constitute and appoint my brother,
ISAAC CRUSE BLANDY of Greenwich, New York, and my wife,
GEORGETTE H. BLANDY, and/or the survivor, Executors of this
my Will, and I do hereby direct that no bond or other
security shall be required of either of them for the faithful
performance of their duties as Executor. Upon the death
of both of said persons I nominate, constitute and appoint
the UNITED STATES TRUST COMPANY of New York sole executor.
I hereby nominate, constitute and and appoint the UNITED
STATES TRUST COMPANY of New York, Trustee of the Trusts
created by this my Last Will and Testament. I hereby
authorize said Trustee to hold in its discretion such
securities as I may own at my death or to sell the same
for such price and upon such terms as it may deem expedient,
invest and reinvest the proceeds in securities
which are lawful for the investment of trust funds under
the laws of the State of New York, at the time of such
investment or reinvestment.
Now, therefore, be it resolved by the Rector and
Visitors of the University of Virginia that the University
of Virginia hereby formally accepts the devise of the
remainder of the said farm of Graham F. Blandy, as set out
in the ninth and eleventh clauses of the will of said Graham
F. Blandy hereinbefore quoted.
And be it further resolved by the Rector and Visitors
of the University of Virginia that the University of
Virginia solemnly undertakes and agrees to carry out and
perform all the conditions attached to the aforesaid devise
and residuary gift, set out in said will, namely to "call
said farm `THE BLANDY EXPERIMENTAL FARM', and will run
it to teach boys farming in the various branches, including
fruit raising."
And be it further resolved that the Rector of the
University of Virginia be, and he hereby is, authorized and
gift to the United States Trust Company of New York, the
trustee named in the said will, and also to the joint
executors, Isaac Cruse Blandy and Georgette H. Blandy,
and to sign, as an authorized official of said University,
and deliver to said trustee and executors, and
agreement to conduct said farm as specified in the Ninth
Clause of the said will of Graham F. Blandy, deceased.
TO: Isaac Cruse Blandy and Georgette H. Blandy.
Pursuant to a Resolution of The Rector and Visitors
of the University of Virginia, which is the governing body
of said University, duly approved at a meeting thereof
held at said University on the sixth day of July, 1926, a
copy of which is attached hereto, written notice is hereby
given you, as Joint Executors of the last will and
testament of Graham F. Blandy, deceased, of the acceptance
of the gift of the remainder of the farm of said Graham
F. Blandy, now deceased, under the conditions specified
in said will.
IN WITNESS WHEREOF said The Rector and Visitors of
the University of Virginia has caused its name to be
signed hereto by C. Harding Walker, its Rector and agent
hereunto duly authorized this _____ day of July, 1926.
THE RECTOR AND VISITORS OF THE UNIVERSITY
OF VIRGINIA,
BY,_______________RECTOR.
The President presented the following statement
of the Medical Construction Fund:
I have the honor to announce the following gifts
completely finishing the Medical Construction Fund.
One hundred thousand dollars ($100,000) of this sum
has been received since the last meeting of this
Board from the General Education Board as an extra
grant to their original $700,000.
| From the General Education Board | $700,000 |
| From the State of Virginia | 250,000 |
| From the Alumni Board of Trustees | 125,000 |
| From the Oliver H. Payne Fund | 50,000 |
| From Thomas Fortune Ryan, of New York | 45,000 |
| From John Barton Payne, of Washington | 25,000 |
| From Charles Steele, an alumnus, of New York | 25,000 |
| From John T. Lupton and Cartter Lupton, alumni, of Chattanooga |
25,000 |
| From Thomas Jefferson Coolidge, of Boston | 25,000 |
| From William Evarts Benjamin, of New York | 10,000 |
| From Frederic W. Scott, of Richmond | 10,000 |
| From Joseph Hartifeld, an alumnus, of New York | 5,000 |
| From John L. Pratt, an alumnus, of New York | 5,000 |
| From Henry Morganthau, of New York | 500 |
| From Hugh H. Young, an alumnus, of Baltimore | 500 |
| From Louis Baum, an alumnus, of New York | 250 |
| From the General Education Board - an extra grant | 100,000 |
| From Mrs. B. B. Munford | 1,000 |
| Total - | $1,402,250 |
The President read the correspondence he had had
with Prof. Albert Lefevre, in which he stated that he had
fully complied with the requirements of the resolution of
the Board of June 24, 1925.
He was thereupon restored to his former status of
Professor from July 1, 1926.
The agreement with the General Education Board in re.
gift for Medical Buildings Fund was approved and the President
was authorized to sign same on behalf of the Board.
The following resolution of the Alumni Board of
Trustees in connection with the increasing of the salary
of President Alderman was presented:
WHEREAS, Edwin Anderson Alderman, President
of the University of Virginia, has rounded out the
twenty-first year of his service to that institution,
and by way of testimonial to his powers of leadership,
his extraordinary ability in organization and administration,
his exceptional educational, literary, and
oratorical attainments, and his constant devotion
to the University of Virginia, the Alumni Board of
Trustees desires to signalize in some appropriate
form its appreciation of his services;
THEREFORE, BE IT RESOLVED, that there be appropriated
from the income of the Jefferson Memorial
Fund, and paid in monthly installments by the Bursar
from the income of that Fund, as received from the
First and Merchants National Bank of Richmond, the sum
of Two Thousand Five Hundred Dollars ($2,500.00) per
annum, this appropriation to be effective as of the
close of the academic session of 1925-26, and to be
paid to Dr. Alderman in addition to the salary now
received by him.
The above resolution was passed by a mail vote.
Whereupon the Board adopted the following:
RESOLVED, That this Board has heard with pleasure
and gratification of the action of the Alumni Board of
Trustees of the University of Virginia Endowment
Fund in appropriating annually from the income of said
Fund, the sum of $2,500 to increase the salary of
Pres. E. A. Alderman from $10,000 to $12,500, as set
forth in the resolution of the said Board, and we
wish to add our approval of the said appropriation.
The committee appointed at the June meeting to draw
up a resolution of appreciation of the services of Pres.
Alderman in raising the funds for the medical buildings,
presented the following, which was adopted:
RESOLVED, That the Rector and Visitors record
their deep appreciation of the accomplishment of
President Edwin A. Alderman in raising, by his
sold efforts, $1,152,250 for the University of Virginia,
which with the State Appropriation of $250,000
makes available $1,402,250 for a group of much
needed medical buildings.
While Dr. Alderman has previously, from time to
time, been instrumental in securing large contributions
for endowment and for new plant equipment, the Rector
and Visitors recognize that he has shown remarkable
faith, courage and resourcefulness in procuring this
splendid fund for these medical buildings against many
discouragements and almost insurmountable difficulties.
Since Dr. Alderman came to the University of
Virginia as its first President he has not only
added greatly to its endowment, its plant and its
equipment, but by patient effort, coupled with exceptional
tact and rare ability he has succeeded to a
marked degree in interpreting the University to the
people of the state as a source of its greatest
strength, and to the outside world as a valuable national
asset.
As in Dr. Alderman's vision the future of the
University depended to no small extent upon the realization
of the plan for these medical buildings the
Rector and Visitors are firm in the conviction that
the success of this enterprise, which he initiated,
is but the beginning of greater usefulness of the
University in every department. The state of Virginia,
which regards the University with just pride,
owes to Dr. Alderman a debt of profound gratitude for
this added evidence of wise and effective leadership.
The President announced a gift of $1,000 by Mrs. B. B.
Munford to the Medical Buildings Fund in memory of her husband,
On motion, the meeting then adjourned.
Rector
Secretary
| Board of Visitors minutes July 6, 1926 | |