University of Virginia Library

TRUST AGREEMENT FOR RUSHTON SEMINARS FUND

The President presented to the Board a form of trust agreement which had been prepared for
the establishment of the "Peters Rushton Seminars Fund." The agreement was approved by the Board in
the form presented and the President was authorized to sign it in the name of the University. The
following resolution was adopted in acceptance of the funds which have been contributed thus far to
the Rushton Seminars Fund.

In consideration of the fact that there has been or is about to be deposited in the Consolidated
Endowment Funds of the University of Virginia the sum of $7,188.77, which represents the
contributions made during the past year by students, faculty members, alumni, members of the Rushton
family, and others to the Peters Rushton Fund, whose eventual purpose is to provide an annual income
sufficient to maintain the Peters Rushton Seminars in Contemporary Prose and Poetry.

BE IT RESOLVED that these gifts toward the establishment of this foundation and the provisions
agreed upon for their use be accepted, and that the President be authorized to sign the
agreement containing these provisions in the name of The Rector and Visitors of the University of
Virginia,

AND BE IT FURTHER RESOLVED that the Secretary be requested to express to the representatives
of the contributors the pleasure of the President, the Rector, and the Visitors in accepting
these gifts, both because they will help to make possible the continuance of the seminars in contemporary
prose and poetry, which are a valuable part of the cultural life of the University; and because
the change of name from McGregor Room Seminars to Peters Rushton Seminars and the partial
endowment of this lecture series do honor to Peters Rushton, a young teacher and administrator whose
untimely death was and continues to be mourned by this academic community.