University of Virginia Library

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.