 | Board of Visitors minutes March 21, 1944 |  |
KAPPA SIGMA FRATERNITY-REQUEST FOR SUSPENSION OF PAYMENTS ON LOAN, ETC.
The President presented a letter from Cochran Fisher, District Grand Master, and J. G. Korner,
Jr., Alumnus Adviser, of the Kappa Sigma Fraternity, that due to existing conditions the local chapter of
Kappa Sigma found it impossible to operate McCornick Hall (the Chapter House), with the result that the
Chapter could not meet its obligation to make the required payments on its loan from the University, and
requesting (1) suspension of payments to the University for the duration of the war, or until such time
as the house can produce some revenue; and (2) that the interest rate on the loan be reduced to 4%.
The matter was disposed of in the following motion, adopted:
RESOLVED, that suspension of payments by the Kappa Sigma Fraternity on its loan from
the University be granted to March 1, 1945, but not forgiven.
| Board of Visitors minutes March 21, 1944 | |