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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

University of Vermont & State Agricultural College v. Ward, 158 A. 778 (1932)

Citation
University of Vermont & State Agricultural College v. Ward, 158 A. 778 (1932)
Parent Document
University of Vermont & State Agricultural College v. Ward, 158 A. 778 (1932)
Jurisdiction
Vermont (state)
Effective Date
1932-02-04

Other Sections in This Document (211)

Full Text

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The trustees further said: “In leasing the College lands, the Trustees have thought it prudent to proceed with deliberation, as it is obvious, that when leases are durable, and the rents cannot be raised with the increasing value of the lands, while the towns are new, and but partially inhabited, it cannot be expected that they will command so valuable a rent, or be readily leased to those who would be able to make prompt payments. * * * When leased, the land is considered as the sole security. ’ ’