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13. (a) In case the mortgaged property shall be sold under foreclosure and shall be purchased by the Committee, or in case the Railway Company shall be reorganized by the Committee without foreclosure, then, and in either of such events, the said Committee shall render to the President of the new or reorganized corporation an account, in which shall be included the expenses of said Committee and the reasonable compensation of its members; and the audit of said account by such President shall be final and conclusive on the certificate holders and on the Committee.

(b) In case the mortgaged property shall be sold, but shall not be purchased by the Committee, the said account shall be rendered to the President of the Doe Trust Company, and the audit of such account by the President, shall, in like manner, be final and conclusive on the certificate holders and on the Committee. The account, in case of the audit by the President of the Doe Trust Company, shall include a reasonable compensation to the auditor.

14. This agreement shall extend to, and be obligatory upon, the respective executors, administrators, successors and assigns of the parties hereto.

15. This agreement may be duplicated; and all copies thereof, although separately signed, shall be deemed and taken together as constituting one original agreement.

IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seals, the day and year first above written.

In the presence of

John Smith (L.S.),
James Green (L.S.),
James Doe (L.S.),
Bondholders.

Richard Roe (L.S.),
Henry Koe (L.S.),
Thomas Koe (L.S.),

Committee.

John Jones.

CHAPTER VII

GRANTOR AND GRANTEE

Section 1.-Deeds.

No. 142-Bargain and sale deed by corporation, with covenant against grantor statutory form.

No. 143-Bargain and sale deed by corporation, without covenants against grantor-statutory form.

No. 144-Bargain and sale deed by individual, with covenant against grantor-statutory form.

No. 145-Bargain and sale deed by individual, without covenants against grantor-statutory form.

No. 146-Deed with full covenants by corporation-statutory

form.

No. 147-Deed with full covenants by an individual-statutory

form.

No. 148-Executor's deed-statutory form.

No. 149-Mining claim deed.

No. 150-Quitclaim deed by corporation-statutory form.
No. 151-Quitclaim deed by individual-statutory form.
No. 152-Referee's deed in foreclosure-statutory form.
No. 153-Referee's deed in partition-statutory form.

Section 2.-Miscellany.

(A).-Conditions.

No. 154-Condition terminating estate, upon grantee's failure to erect a church, with reservation of place of interment. No. 155-Condition terminating estate, upon grantee's failure to erect and maintain city hall.

(B). Covenants.

No. 156-Agreement by neighboring property owners, restricting the erection of buildings on their properties.

No. 157-Covenant to assume mortgage.

No. 158-Covenant to erect building, within a specified time.
No. 159-Covenant to erect dwelling house only.

No. 160 Covenant not to erect any building other than private dwelling of specified height.

No. 161-Covenant not to erect building, within specified distance. No. 162-Same-another form.

No. 163-Covenant not to erect particular class of houses, nor use the property for any specified objectionable purpose.

(C). Reservations.

No. 164-Reservation by grantor of right to damage to fee caused by railroad.

No. 165-Reservation by grantor of right to damage, past, present and future, caused by railroad.

No. 166-Reservation by grantor of right to grade property.

No. 167-Reservation by grantor of right to lay pipes and conduits. No. 168-Same-another form.

No. 169-Reservation by grantor of life estate, with grant of life estate to each of two others in undivided half of prop

erty, subject to his own life estate, and grant of remainder, subject to such life estate.

No. 170-Reservation by grantor of right of maintenance for life.

SECTION 1.-DEEDS

No. 142.

Bargain and sale deed by corporation, with covenant against grantor-statutory form.1

1

THIS INDENTURE, made the 5th day of January, nineteen hundred and twenty-three, between John Doe, Inc., a corporation organized under the laws of the State of New York, and having its principal office at No. 112 Broadway, Borough of Manhattan, New York City, party of the first part, and Richard Roe, residing at No. 371⁄2 Broadway, Borough of Manhattan, New York City, party of the second part,

WITNESSETH, that the party of the first part, in consideration of ten thousand ($10,000) dollars, lawful money of the United

1

1 Adapted from New York Laws (1917), Ch. 681, Schedule F.

States, paid by the party of the second part, does hereby grant and release, unto the party of the second part, his heirs and assigns forever, all that certain lot, piece or parcel of land, with the buildings thereon erected, situate, lying and being in the Borough of Manhattan, City of New York, and bounded and described, as follows:

BEGINNING ***

together with the appurtenances and all the estate and rights of the party of the first part in and to said premises.

TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, his heirs and assigns forever. And the party of the first part covenants that it has not done or suffered anything whereby the said premises have been encumbered in any way whatever.

IN WITNESS WHEREOF, the party of the first part has caused its corporate seal to be hereunto affixed, and these presents to be signed by its duly authorized officer, the day and year first above written.

(Seal). Attest:

John Jones,

Secretary.

No. 143.

John Doe, Inc.,
By John Doe,
President.

Bargain and sale deed by corporation, without covenants against grantor-statutory form.2

THIS INDENTURE, made the 5th day of January, nineteen hundred and twenty-three, between John Doe, Inc., a corporation organized under the laws of the State of New York, and having its principal office at No. 111⁄2 Broadway, Borough of Manhattan, New York City, party of the first part, and Richard Roe, residing at No. 371⁄2 Broadway, Borough of Manhattan, New York City, party of the second part,

WITNESSETH, that the party of the first part, in consideration of five thousand ($5,000) dollars, lawful money of the United States, paid by the party of the second part, does hereby grant and release, unto the party of the second part, his heirs and assigns forever, all

Adapted from New York Laws (1917), Ch. 681, Schedule D.

that certain lot, piece or parcel of land, with the buildings thereon erected, situate, lying and being in the Borough of Manhattan, City of New York, and bounded and described, as follows:

BEGINNING ***

together with the appurtenances and all the estate and rights of the party of the first part in and to said premises.

TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, his heirs and assigns forever.

IN WITNESS WHEREOF, the party of the first part has hereunto caused its corporate seal to be affixed, and these presents to be signed by its duly authorized officer, the day and year first above written.

(Seal) Attest:

John Jones,
Secretary.

No. 144.

John Doe, Inc.,

By John Doe,
President.

Bargain and sale deed by individual, with covenant against grantor-statutory form.3

THIS INDENTURE, made the 5th day of January, nineteen hundred and twenty-three, between John Doe, residing at No. 111⁄2 Broadway, Borough of Manhattan, New York City, party of the first part, and Richard Roe, residing at No. 371⁄2 Broadway, Borough of Manhattan, New York City, party of the second part,

WITNESSETH, that the party of the first part, in consideration of ten thousand ($10,000) dollars, lawful money of the United States, paid by the party of the second part, does hereby grant and release, unto the party of the second part, his heirs and assigns forever, all that certain lot, piece or parcel of land, with the buildings thereon erected, situate, lying and being in the Borough of Manhattan, City of New York, and bounded and described, as follows: BEGINNING *

together with the appurtenances and all the estate and rights of the party of the first part in and to said premises.

TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, his heirs and assigns forever.

Adapted from New York Laws (1917), Ch. 681, Schedule E.

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