University of Virginia Library

VINCENT ESTATE

The President presented to the meeting copies of two documents, each dated New Orleans,
Louisiana, April 21, 1959, one being a deed under private signature from Mildred Saffold Vincent,
Trinity Church, The Rector and Visitors of the University of Virginia, The Administrators of the
Tulane Educational Fund and Frank B. Hayne, to the Board of Commissioners of the Port of New Orleans,
to certain servitudes, etc. upon lands located in the Parish of St. Bernard, Louisiana, and one
being an Escrow Agreement between (a) The Board of Commissioners of the Port of New Orleans, and
(b) Mildred Saffold Vincent, (c) The Administrators of the Tulane Educational Fund, (d) The Rector
and Visitors of the University of Virginia, (e) Trinity Church, (f) Frank B. Hayne, and (g) National
American Bank of New Orleans, and explained the contents of these documents at length to the
meeting. After full discussion, on motion, duly seconded, the following resolution was unanimously
adopted, all members present voting in favor thereof, to-wit

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the action of Wayne G. Borah, the representative of this organization in executing on behalf
of this organization,

• (A) The deed under private signature, dated April 21, 1959, from Mildred Saffold
  Vincent, The Administrators of the Tulane Educational Fund, The Rector and
  Visitors of the University of Virginia, Trinity Church and Frank B. Hayne,
  to the Board of Commissioners of the Port of New Orleans to certain servitudes,
  etc. upon lands located in the Parish of St. Bernard, Louisiana, as fully
  appears from the copy of said deed which was exhibited to and explained to this
  meeting and lodged with the Secretary of this organization, and

• (B) The Escrow Agreement, dated April 21, 1959, by and between (a) The Board of
  Commissioners of the Port of New Orleans, (b) Mildred Saffold Vincent,
  (c) The Administrators of The Tulane Educational Fund, (d) The Rector and
  Visitors of the University of Virginia, (e) Trinity Church, (f) Frank B. Hayne,
  and (g) The National American Bank of New Orleans, and similarly exhibited
  and lodged,

be and the same is hereby in all respects ratified, approved and adopted.