University of Virginia Library

NOTES OF THE UNIVERSITY OF VIRGINIA ISSUED TO THE AMERICAN TYPE FOUNDERS SALES CORPORATION
AND TO THE MERGENTHALER LINOTYPE CORPORATION

The President reported that the University had issued its notes to the
above corporations for the purchase of equipment for the University Press, and that
there were now outstanding the following notes:

• To the American Type Founders Corporation

  • 32 notes of $41.64 including interest @ 6%

  • 16 notes of $84.12 including interest @ 6%, and

• To the Mergenthaler Linotype Corporation

  • 28 notes of $185.00 plus interest @ 6%,

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that authority had been given by the Attorney General for the purchase of these notes
from the endowment funds of the University, and that the Alumni Board of Trustees of the
University of Virginia Endowment Fund desired to take over the said notes. This action
was approved by the Board.

The meeting then adjourned.