Bootleg recording from R.E.M.’s September 26th, 1984 gig at Durham North Carolina’s Page Auditorium (on Duke’s campus).

Also available in the Internet Archive – R.E.M. Live – 1984-09-26 Page Auditorium.

It was recorded by the mobile unit of Reflection Sound Studios and then bootlegged, with this notation on the rear cover: “This Fan Club album is not intended for sale, commercial distribution or air play. All rights reserved. Entire packaging and contents copyright 1985 P.F.M. Records a Division of S.B.W. (Special Products). Cover printed in the U.S.A.”

Reportedly R.E.M. issued a cease-and-desist primarily because this implied it was produced by the official fan club.

My copy via Worcester Record Riot.