University of Virginia Library

RENEWAL OF VINCENT ESTATE LOAN

The Comptroller's letter of September 27th requesting authority to renew for another three
years the $46,607.12 loan, due on October 13th, covering costs in connection with the Vincent
estate, was presented by President Darden, who reminded the Board that the University has a
contingent interest in the Vincent estate of approximately one million dollars. The Board
resolved that the Comptroller be authorized to extend the loan as requested