University of Virginia Library

BANK ACCOUNTS FOR EXTENSION CLASSES

The following resolution was adopted

WHEREAS, the Auditor of Public Accounts has recommended the opening of bank accounts
in certain localities throughout the state for the purpose of providing depositories for tuition
received from Extension students registered in Extension classes in or near these localities, and

WHEREAS, it will be necessary to transfer these funds from time to time to other banks
for credit to the Treasurer of Virginia,

NOW BE IT RESOLVED by the Board of Visitors of The Rector and Visitors of the University
of Virginia that Vincent Shea, Bursar, be and he is hereby authorized to establish bank accounts
in Extension areas in the name of the University of Virginia, deposits to be placed in banks which
are approved by the Treasurer of the Commonwealth of Virginia and which are members of the Federal
Deposit Insurance Corporation, and

BE IT FURTHER RESOLVED that Vincent Shea Bursar, be and is hereby authorized to draw
checks on these accounts as required, to effect the proper transfer of funds to the Treasurer of
Virginia.