University of Virginia Library

MARY WASHINGTON COLLEGE MATTERS

GARI MELCHERS MEMORIAL

Mr. Edgar E. Woodward, Bursar of the College, substituting at this meeting for Chancellor
Simpson, joined President Shannon in reporting on the transfer of the Gari Melchers Memorial
property to the University for use by the College.

The attorneys for the University and for the Virginia Museum, it was noted, have reached
agreement as to the conveyance of the real estate, and the deed will be recorded shortly in
Stafford County, arrangements are being made with Mr. Robert Marsh of the Museum Board for the
transfer to the University of some $115,000 in assets of the endowment fund.

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DORMITORY BONDS

The President and Mr. Woodward reminded the Visitors that the time has now come to issue
$500,000 in bonds on the two new College dormitories, occupied respectively in 1959 and 1960,
in order to reimburse the Treasurer of Virginia for the construction loans.

President Shannon said that unless he heard objections from members of the Board he would
authorize the officers of the College to proceed with the employment of the New York law firm
of Messrs. Mitchell, Pershing, Shetterly, and Mitchell, as bonding attorneys, and that the issue
would probably be offered, after consultation with the State Treasurer, in the spring of 1961.
Colonel Hartfield praised the choice of attorneys, and there was general concurrence in the plan
as presented.

PORTRAIT OF MORGAN L. COMBS

The President requested permission to accept from a group of anonymous donors a portrait
of the late Dr. Morgan L. Combs, former President of the College, painted by Mr. David Silvette
of Richmond. The plan, Mr. Shannon stated, is to hang the portrait in the science building named
for Dr. Combs, and this will be subject to future approval by the Virginia Art Commission after
the Board has acted. The Board thereupon adopted, subject to the reservation noted, the following
resolution

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the portrait of Dr. Morgan L. Combs, former President of Mary Washington College, donated
to the College, be and it is hereby accepted