 | Board of Visitors minutes September 14, 1942 |  |
RE: WILLIAM H. WHITE LECTURE FOUNDATION:
The President presented the following letter from the founders of the above lecture foundation:
The University of Virginia
The undersigned founders of "The William H. White Lecture Foundation" respectfully request your
permission to make certain changes in connection with that foundation as herein set forth.
There is now to the credit of the principal account $13,820.00 and to the credit of income
account, $4,555.00. We ask that $1,555.00 be transferred from the income to the principal account
to be held as a part of the foundation.
With the remaining $3,000.00 of accrued income it is our desire if it meets with your
approval that the same be used for establishing a collection of works dealing with the subject of
Constitutional Law, both of the United States of America and of other nations. The volumes composing
such Collection to be kept together as a whole, and the Collection designated by an appropriate
tablet or otherwise.
With respect to future income, it is our request that from unexpended income there should from
time to time be added to principal such sums as will produce an income adequate to pay the honorarium
to the lecturers who are invited to speak under the foundation. All remaining income to be made
available for acquisitions to the Constitutional Law Collection.
In compliance with the requests, set forth in the foregoing letter, the following resolutions
were adopted.
RESOLVED, by the Board of Visitors of the Rector and Visitors of the University of Virginia
that $1,555.00 to the credit of the income account be transferred from income to the principal
account to be held as a part of the Foundation. That $3,000.00 of accrued income be used for
establishing a collection of works dealing with the subject of Constitutional Law, both in the
United States of America and of other nations. The volumes composing such Collection to be
kept together as a whole and the Collection to be designated by an appropriate tablet, or otherwise.
RESOLVED, FURTHER, that from time to time unexpended balances of income may be added to
the principal in order to insure a sufficient principal to yield an income adequate to pay the
honorarium to the lecturers; that all remaining income is to be made available for acquisitions
to the Constitutional Law Collections.
| Board of Visitors minutes September 14, 1942 | |