University of Virginia Library

PURCHASE OF PROPERTY

The Chancellor proposed the purchase of a tract of land consisting of
approximately one-fourth of an acre located in the area between the dining hall
and the Fine Arts Center. This property, which was formerly the Fredericksburg
Aquaduct Company, is now owned by the local hospital. It was given to the
hospital by Mr. Archer Smith, owner of the Sunshine Laundry, in connection with a
hospital drive for funds for expansion of the hospital. The College was not aware
of the change in ownership until recently informed by the hospital authorities.
At the time the gift was made to the hospital, an evaluation was made on the
property of $7,500, and building lots located in the vicinity of the college are
selling for approximately $3,000.

After discussion the Board adopted the following resolution

RESOLVED by the Board of Visitors of the Rector and Visitors of the University
of Virginia that the Chancellor of Mary Washington College be and is hereby
authorized to enter into negotiations with the Mary Washington Hospital for the
purchase of property, consisting of approximately one-fourth of an acre, located
on the college campus, which was given to the hospital by the Sunshine Laundry of
Fredericksburg, at a price not to exceed $3,500.