University of Virginia Library

MRS. PRESTON DAVIE'S GIFT OF RALEIGH PORTRAIT

President Darden laid before the Board his recent correspondence with Mrs. Preston Davie, of
New York, who has offered to present to the University a portrait of Sir Walter Raleigh, painted
in 1588, and recently appraised by Mr. Milton Samuels, of French and Company, at $7,500. Mrs.
Davie, Mr. Darden noted, had expressed the hope that the University would lend the portrait, if
it was accepted, to the Virginia Museum of Fine Arts for exhibit during the year of the
Jamestown Festival of 1957.

The Board resolved that the gift of the Raleigh portrait be accepted, subject to the
approval of the Art Commission, and that the President be requested to convey to Mrs. Davie the
gratitude of the Visitors for her generosity to the University.