RESOLUTION ie



SALE OF SHARES OF STOCK FROM SAM PIVAR

(Board of Trustees Meeting, March 3, 1985)



WHEREAS, SAM PIVAR has donated 125 shares of Martin

Marietta Common Stock at the par value of $1.00 per share to

be used to obtain Word Processing Equipment for the support of

the College's Secretarial program;



WHEREAS, it is necessary to sell the designated shares

to provide the funds to support said costs;



NOW, THEREFORE, BE IT RESOLVED that the President and

Vice-President for Business and Financial Affairs for the College

of the Virgin Islands are hereby authorized to sell the 125 shares

of Martin Marietta Corporation stock for their fair market value,

less appropriate brokerage fees, for the use and benefit of the

Secretarial program of the College, at such time as they, in

their discretion, deem necessary or appropriate; and to execute any



and all documents necessary to accomplish the foregoing.



CERTIFICATION



The undersigned does hereby certify that the foregoing is

a true and exact copy of a resolution of the Board of Trustees of



the College of the Virgin Islands adopted at its meeting on



ee , 1985, as recorded in the minutes or said



meeting.



DATED: ge £s- Baki aa



Secretary of the Board