 | Board of Visitors minutes December 10, 1960 |  |
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.
| Board of Visitors minutes December 10, 1960 | |