University of Virginia Library

BELMONT PROPERTY

The Chancellor reported that he had received a letter from Mr. C. Venable Minor, Counsel for
the University, enclosing a copy of the final decree entered by the Circuit Court of the City of
Richmond on 29 July 1960 approving the transfer of the title to Gari Melchers Memorial from the
Board of Trustees of the Virginia Museum of Fine Arts to The Rector and Visitors of the University
of Virginia on behalf of Mary Washington College. The State Comptroller has set up, the Chancellor
continued, the necessary accounting codes at Mary Washington College for the Belmont Property and
has proposed that the effective date of the transfer of the funds be 1 October 1960. The decree of
the Circuit Court providing for the transfer of operating funds would authorize the transfer of
the title of all of the assets of the Gari Melchers Memorial to The Rector and Visitors for operation
by Mary Washington College

The Chancellor asked for authorization to request the Auditor of Public Accounts to make a
turn-over audit of these accounts as of the date of the transfer on 1 October 1960.

The following resolution was adopted

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 he is hereby authorized to request the Auditor of Public
Accounts to make a turn-over audit of the accounts of the Gari Melchers Memorial as of the effective
date of the transfer of funds on 1 October 1960.