 | Board of Visitors minutes March 20, 1942 |  |
INSURANCE FOR LOSS BAND INSTRUMENTS & UNIFORMS:
Mr. Perkins appeared before the Board and made a statement with reference to the loss of
uniforms and band instruments owned by the University, which occurred on the night of October 5, 1941,
when a bus owned by Safeway Trails, Inc., of Washington, D. C., in which members of the University Band
were returning from the Yale-Virginia football game in New Haven, was burned. He recalled the fact
that a meeting was held in the President's office on the evening of November 7, 1941, at which the
following members of the Board were present: Messrs. Garnett, Lewis Williams, Gray Williams, and
Corbitt, together with the President and Mr. Perkins. At that meeting the whole situation with
reference to the University's claim against the Bus Company for this loss was discussed in detail
over a period of two hours. At the conclusion of the meeting Mr. Perkins, as Attorney for the
University, was authorized to settle the University's claim at 50% of the total valuation placed upon
the instruments and uniforms. The total value of these articles owned by the University was $3496.40
of which 50% is $1748.20. Mr. Perkins further stated that on the evening of November 10th, he and Mr.
Battle had met all of the individual members of the Band and had had a lengthy discussion of the whole
situation. At this meeting they were authorized by the members of the Band to make a settlement at 75%
of the individual claims, the total of the individual claims amounting to $4616.68, that they at once
offered to make a settlement with the Companies at 75% of the total of the University's claim and the
individual claims and negotiations extending over several months were entered into on this basis, all
of which proved to be unsuccessful.
Within the last month an offer has been made by the Company to settle at 50% of all claims.
This has been submitted to the individual members of the Band and accepted. It is not thought that any
time or effort was wasted in negotiations for settlement at 75% and it is believed that had our offer
of settlement been made in the first instance on a 50% basis we would not have been able ultimately to
secure a settlement even at 50%.
Mr. Perkins then presented a form of receipt and release which has been agreed upon by him and
by Mr. Charles B. McInnis, of Washington, D. C., Attorney for Safeway Trails, Inc.
It was, thereupon,
RESOLVED, that the President be and he is hereby authorized to execute
this receipt in the form presented, in the name and on behalf of the Rector and Visitors
of the University of Virginia, that E. I. Carruthers, Secretary of this Board, be
and is hereby authorized to affix the corporate seal to said receipt and release,
and to attest the same, and that Mr. Perkins be instructed to settle this claim with
Safeway Trails for the sum of $1748.20, delivering the executed receipt and release
in the form submitted to this meeting, upon payment of said amount in cash.
And it is ordered that a copy of the release in the form submitted to this meeting
be filed as a part of the minutes of this meeting.
| Board of Visitors minutes March 20, 1942 | |