University of Virginia Library

MARY WASHINGTON COLLEGE MATTERS

ENROLLMENT

President Combs presented a report on enrollment at Mary Washington College for the
session 1948-49, incorporating the following information:

       

In Residence Full Time	1,500
Part Time, Special, and Extension	74
TOTAL	1,574
Male Veterans	37

SPECIAL FEE FOR RETIRING PROPOSED BOND ISSUE

The following resolution was adopted:

RESOLVED, by The Rector and Visitors of the University of Virginia, that Mary Washington
College be and is hereby authorized to charge a special fee of $15.00 per semester to all students
enrolled in the General Session, beginning with September 1949, for the purpose of financing the
proposed bond issue necessary to supplement the State appropriations for improvements to the Dining
Hall; with the understanding that this fee not be charged to students enrolled in the Summer Session.

REDEMPTION OF BONDS

Copies of correspondence with the Governor concerning possible redemption on July 1, 1949
of outstanding bonds, and a report prepared by Mr. W. Allen Perkins, Attorney for the University,
were presented. These communications having been considered by the Board, the following resolution,
offered by Mrs. Wailes and seconded by Mr. Carrington, was unanimously adopted:

RESOLVED, That it is the opinion of this Board that all of the bonds of Mary Washington
College known as Administration Building Revenue Bonds and as Dormitory Building Revenue Bonds,
which will nature after July 1, 1949, and which are outstanding and unpaid as of that date, should
be paid in full and therefore this Board hereby elects to exercise its option of redeeming said
bonds on July 1, 1949, which is an interest payment date, at the redemption price of 105% of the
principal amount thereof and accrued interest thereon to the date of redemption, and Edgar E. Woodward,
Treasurer of Mary Washington College, is hereby instructed to give notice of the election of
this Board to redeem said bonds as aforesaid by publication in the Richmond Times Dispatch, a newspaper
published and of general circulation in the City of Richmond, Virginia, which notice shall be
published in all editions of said newspaper at least once at least six months prior to July 1, 1949,
and said notice shall be in the following form:

NOTICE OF REDEMPTION OF BONDS
OF
MARY WASHINGTON COLLEGE

TO THE HOLDERS OF OUTSTANDING ADMINISTRATION BUILDING REVENUE BONDS, and DORMITORY BUILDING
REVENUE BONDS of Mary Washington College (formerly known as State Teachers College at Fredericksburg,
Virginia, and now being Mary Washington College of the University of Virginia).

Notice is hereby given by the above named institution of its election to redeem on July 1,
1949, all of the following bonds heretofore issued by it.

FIRST: All of its ADMINISTRATION BUILDING REVENUE BONDS dated June 30, 1938, which were
issued pursuant to resolution of Virginia State Board of Education adopted June 28, 1938, now outstanding
and which will mature after July 1, 1949.

SECOND: All of its DORMITORY BUILDING REVENUE BONDS dated June 30, 1938, which were issued
pursuant to resolution of Virginia State Board of Education adopted June 30, 1938, now outstanding
and which will mature after July 1, 1949.

Holders of all of said bonds are hereby notified to present them for payment on July 1, 1949,
at the office of the Treasurer of Virginia in Richmond, Virginia, at which time and place said bonds
maturing after July 1, 1949, will be paid at the rate of one hundred and five per centum (105%) of the
principal amount thereof and accrued interest to July 1, 1949. Interest on said bonds shall cease to
be payable from and after July 1, 1949, and it being understood that no premium will be due or payable
on any of the bonds of either series which mature on July 1, 1949.

This notice is given by

MARY WASHINGTON COLLEGE OF THE UNIVERSITY OF VIRGINIA

By M. L. Combs, PRESIDENT

By order of The Rector and Visitors of the University of Virginia pursuant to Resolution of
its Board of Visitors adopted at a meeting of said Board held November 12, 1948.

COLGATE W. DARDEN, JR.

PRESIDENT

AND BE IT FURTHER RESOLVED, that Governor William M. Tuck is hereby requested to authorize
Mary Washington College of the University of Virginia to incur a deficit, if such be needed, to meet
the payment of the bonds herein called.

DORMITORY ROOM RENT

The following resolution was adopted:

RESOLVED, by the Board of Visitors of The Rector and Visitors of the University of Virginia,
that Mary Washington College be and is hereby authorized to increase the charge of room rent for
students enrolled in the General Session from $54.00 to $63.00 per semester, beginning September 1949,
with the understanding that this increase will not apply to students enrolled in the Summer Session.

TUITION

The following resolution was adopted:

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that Mary Washington College be and is hereby authorized to increase the charge for non-resident
tuition from $100.00 per semester to $110.00 per semester, beginning September 1949, with the understanding
that this increase will not apply to students enrolled in the Summer Session.

EASEMENT TO MONTFORT ACADEMY

The following resolution was adopted:

RESOLVED, by the Board of Visitors of The Rector and Visitors of the University of Virginia,
that a revocable easement be and is hereby granted to Montfort Academy for the purpose of installing a
6-inch underground water main extending from the intersection of College Avenue and Hanover Street
across the Brompton property to the property line of the Academy, with the provision that the said
Montfort Academy install certain outlets or connections on the Brompton property for use by the college,
and that this easement be subject to cancellation upon six months notice given in writing by either
party; with the further provision that the said Montfort Academy shall save the College harmless in
the installation and operation of the project.

SUMMER SESSION COURSES

Mrs. Wailes, Chairman of the Committee on Mary Washington College, presented a recommendation
of the Committee, which was approved, as follows:

The Committee on Mary Washington recommends that Mary Washington College be permitted to
offer, in its summer school session, work in applied courses not included in its regular curriculum,
but that only courses offered for credit also during the regular college session be accepted for
credit towards the degrees new awarded at Mary Washington, and with existing limitations.

* * *

There being no further business to come before the meeting, the same was adjourned after a
motion to that effect had been made, seconded, and carried.