University of Virginia Library

IN RE: EMPLOYMENT OF INVESTMENT COUNSELLOR:

In the matter of Mr. Channing W. Daniel's application for the position of Investment Counsellor
for the University of Virginia, after a full discussion of the matter, the Rector was authorized to advise Mr.
Daniel that the matter was considered and that the Board voted unanimously against the employment of a
resident Investment Counsellor at this time.

The question of providing housing for married veterans was considered, and the President was
authorized to enter into necessary contracts for the purchase and erection of housing for married veterans to be
erected on University property at a cost not to exceed $150,000 to be aid from University funds with the
understanding that the Governor will ask the Legislature to appropriate the necessary amount to reimburse the
University.