D.



These gentlemen appeared for the purpose of- discussing the matter
outlined in the minutes of the Executive Committee for Marth, 1923.
President MoVey read to the Board the following committee report on
the plans as drawn:
     Report of the Committee on E. 0. Robinson Mountain Puna

        This memorandum of agreement between the E. 0. Robinson
   Mountain Fund, incorporated under the laws of Xentucky, here-
   inafter called The Mountain Fund, of the one part, and the
   State University of Kentucky, hereinafter called The Univer-
   sity, of the other part, is to witness:

        The Mountain Fund is the owner of the certain lands in
   the counties of Breathitt, Perry and Kott, State of Kentucky,
   comprising some fifteen thousand acres (but be the same more
   or less) which are specifically described hereinafter; The
   Mountain Fund also has or will have available from time to
   time certain funds and income which it is proposed to devote
   to educational and experimental work, farm extension and re-
   forestration, to the end primarily of disseminating knowledge
   and training among the peoples of the mountain section, to
   the betterment of the condition and property values of said
   region; and whereas, The University is equipped and contem-
   plates extending its equipment for teaching and for demon-
   strating such work, the parties hereto hereby agree as fol-
   lows!

        (1) The Mountain Fund does hereby lease, let, demise
   and set, over unto The University, on the terms, to the pur-
   poses and upon the conditions hereinafter named, all the
   lands aforesaid and hereinafter described, tracts
   and          thereof to be utilized for purposes of re-
   forestration and the practical demonstrating and teaching
   thereof;         tracts         and            foar the pur-
   pose of farm experimental work and teaching, together with
   the full, unrestricted possession, use, central and manage-
   ment of said several tracts in as full manner and as com-
   pletely as if the fee simple title therto were hereby con-
   veyed.   It is not intended hereby that The University shall
   be limited or restricted strictly to the manner of use of
   either or any of said tracts of land, but observing the
   purposes herein expressed in the main, such deviation from
   or alteration of plans and uses of said tracts or any of
   them as may be deemed expedient by The University is al-
   lowed.

        The term of said leqse is seventy-five years with privi-
  lege o.f renewal by The University upon such terms as may be
  recommended by the Joint executive board hereinafter named.
  Provided, howdver, either party may, upon three years' notice