 | Board of Visitors minutes December 10, 1954 |  |
OFFER FOR PROPERTY IN HUMPHREYS ESTATE
President Darden presented to the Board an anonymous proposal (conveyed to Mr. Minor, the
University's Special Counsel, via Mr. Meredith P. Wiswell, counsel for the Trustee and the
Washington Loan and Trust Co., via Mr. Jackson N. Huddleston, Huntington, West Virginia, attorney)
to purchase Parcel No. 20, a 90-acre tract and the last remaining real property in the William J.
Humphreys Estate, for the sum of $2,650. President Darden, pointing out that the Board had
previously set a valuation of $3,000 on this property, questioned the wisdom of accepting a lesser
sum. The Board resolved that the proposal be referred to Mr. Gray, Chairman of the special
Committee on Outlying Real Estate.
| Board of Visitors minutes December 10, 1954 | |