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removal. The natural beauty of the area will not be impaired; on the contrary, we are assured that it will be enhanced. The proceeds of the sale of the timber and pulpwood will be deposited to the Mason Scholarship Fund.

Mr. Umstead moved that the above recommendation be approved, the motion was duly seconded and it was unanimously approved.

Request for authorization to execute quitclaim deed:

President Friday also presented the following resolution with respect to a quitclaim deed to the North Carolina Beta Foundation, Inc. , for the purpose of clearing the title to the property:

RESOLUTION TO AUTHORIZE THE EXECUTION OF A QUITCLAIM DEED TO N.C. BETA FOUNDATION, INC.

WHEREAS, the University of North Carolina by quitclaim deed dated the 10th day of February, 1936, and recorded in Book 106, page 71, Orange County Registry, conveyed to the Board of Education of Orange County a certain tract or parcel of land on the condition that said land be used for the erection of a school by the Board of Education of Orange County, but in the event that said property should ever cease to be used for such purpose, said Board of Education was to reconvey the property in question to the University of N. C. ; and

WHEREAS, the Board of Education of Orange County, at the express direction of the officials of the University of North Carolina, conveyed by quitclaim deed dated the 3rd day of May, 1937, recorded in Book 130, page 114, Orange County Registry, to certain Trustees of the North Carolina Beta Chapter of the Phi Delta Theta fraternity a portion of the aforesaid tract of land, which portion is described below:

BEGINNING at a point on the East side of a 17.75 foot alley, said point being located 220 feet from the South side of McCauley Street measuring along the East side of the alley, running thence North 89 degrees East 185 feet; thence running in a Southwesterly direction along the arc of a curve with a 25 foot radius 39 feet; thence South 89 degrees West 160 feet to the East side of the aforementioned alley; thence North 9 degrees 40 minutes East 25 feet to the place and point of BEGINNING.

AND WHEREAS, the Board of Education of Orange County did in fact cease to use the aforementioned tract of land for school purposes, and pursuant to the condition upon which it originally accepted said land, said Board of Education reconveyed said land in its entirety to the University of North Carolina by deed dated the 4th day of June, 1945, recorded in Book 121, Page 161, Orange County Registry, reciting therein that the conveyance was executed freed and discharged of all claims of the grantor and anyone taking under it; and

WHEREAS, the conveyance set out in Book 130, Page 114, Orange County Registry is prior in execution but subsequent in recordation to the deed recorded in Book 121, Page 161, Orange County Registry; and

WHEREAS, the N. C. Beta Foundation, Inc., as grantee of the Trustees for N. C. Beta Chapter of Phi Delta Theta has requested that the State of North Carolina and the University of North Carolina release to the N. C. Beta Foundation, Inc., any right, title or interest they may have in said property:

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