University of Virginia Library

RUSHTON TRUST FUND AGREEMENT

Mr. Perkins, Attorney for the University, presented to the meeting a form of Covenant or
Agreement designed to be executed on behalf of The Rector and Visitors of the University of Virginia
in evidence of its acceptance of the sum of $1,000.00, to be paid on execution of the Agreement and
of its willingness to accept such future amounts as may be added to the fund by the family of the late
Dr. Urban Joseph Peters Rushton. The purpose of the creation of this fund is to establish a perpetual
memorial to Dr. Rushton in the form of this fund, the income from which is to be used for the purchase
of books of significance in the field of American or English Literature, and, more particularly, in
the field of Contemporary Poetry and Literary Criticism and useful to the University Library.

Mr. Perkins stated that the purpose and substance of this Agreement have been approved by
Mr. Harry Clemons, the Librarian. He also stated that from a legal standpoint the Agreement is
properly drawn.

It was, thereupon,

RESOLVED that Colgate W. Darden, President, be and is hereby authorized and instructed to
execute this Agreement in the name and on behalf of The Rector and Visitors of the University of Virginia
and to deliver a copy thereof to Mr. William J. Rushton, of Birmingham, Alabama, expressing
to Mr. Rushton the appreciation of this Board and its gratification that the memory of Dr. Urban
Joseph Peters Rushton, a brilliant and valued member of the Faculty of this University, should be so
appropriately preserved.