University of Virginia Library

C. L. & H. L FRANKLIN—LOAN FUND DEBT CANCELLATION:

The following resolution was adopted:

RESOLVED, by the Board of Visitors of the Rector and Visitors of the University of
Virginia, that the compromise settlement of $200 principal of four $50 loans made to C. L.
Franklin, with H. L. Franklin as surety, in the sessions 1923-24 and 1924-25 from the State
Students Loan Fund, by the payment of $125; be and the same is hereby approved, and the
Governor's approval of the cancellation of the remaining $75.00 of principal of said loans
is requested, in accordance with the terms of the Appropriation Act of 1940.