(d) To lease, bargain, transfer, convey, grant and mortgage all lands, tenements and hereditaments, upon such terms, conditions and covenants as he may think proper; and (e) To buy, sell, mortgage, hypothecate, and, in every way and manner, deal in and with, goods, wares and merchandise, and choses in action; and (f) To engage in, do and transact all and every kind of business that he may think proper; and (g) To make, sign, execute, seal, acknowledge and deliver all such deeds, leases, and assignments of leases, covenants, indentures, agreements, hypothecations, bills of lading, bonds, notes, receipts, evidences of debt, releases, and satisfactions of mortgage, judgments, and other debts, and such other instruments of whatsoever kind and nature, as may be necessary, or proper, in the premises. And I, the said John Doe, hereby ratify all that my said attorney may lawfully do, or cause to be done, by virtue hereof. IN WITNESS WHEREOF, I have hereunto set my hand and seal, this 5th day of January, 1923. WHEREAS, John Doe, who resides at No. 1112 Broadway, Borough of Manhattan, New York City, did, under date of April 22, 1922, appoint Jane Doe, who resides at No. 111⁄2 Broadway, Borough of Manhattan, New York City, his true and lawful attorney; and WHEREAS, the said John Doe, by a power of attorney executed and delivered to me, the undersigned, on May 1, 1922, nominated, constituted and appointed me his true and lawful attorney; and WHEREAS, I, the undersigned, by virtue of said power of attorney, did, on May 1, 1922, make, constitute and appoint Henry Koe, as substitute for me, to be the attorney for the said John Doe; and 10 Adapted from Bradford Co. v. Dunn (1919), 188 App. Div. 454, 176 NY. Supp. 834. WHEREAS, the said power of attorney, made, executed and delivered to me by the said John Doe, as aforesaid, still is in full force and effect: Now, THEREFORE, I, the undersigned, Richard Roe, residing at No. 572 Broadway, Borough of Manhattan, New York City, do hereby make, substitute and appoint John Smith and John Jones, who reside at No. 872 Broadway, Borough of Manhattan, New York City, for me, to be the attorneys for the said John Doe, and in his name, to exercise the following powers vested in me by the said power of attorney, to wit: (a) To revoke the power of attorney executed by the said John Doe, under date of April 22, 1922, whereby the aforesaid Jane Doe was appointed the true and lawful attorney of the said John Doe; and (a) To revoke the appointment and substitution of Henry Koe, made and executed by me under date of May 1, 1922; and (c) To appoint any person, or persons, as substitute, or substitutes, for me, the said Richard Roe, to be the attorney, or attorneys, of the said John Doe, and, in his name, to exercise all, or any, of the powers given to me in and by said power of attorney of May 1, 1922, hereinbefore mentioned; and (d) To revoke, or withdraw, any such appointment, or substitution; and to exercise the powers of appointment, substitution and revocation, hereinbefore granted, at such time, and to such extent, and in such manner, as they, or either of them, shall deem proper and expedient. IN WITNESS WHEREOF, I, the said Richard Roe, have hereunto set my hand and seal, this 5th day of January, 1923. ་་ ་་ ་་ In the presence of Charles Brown, Richard Roe (L.S.). CHAPTER XX PRINCIPAL AND CONTRACTOR Section 1.-Agreements and Bonds. (A). The Standard Documents of The American Institute of Architects. No. 367-The standard form of agreement between contractor and owner, for use when a stipulated sum forms the basis of payment. No. 368-The general conditions of the contract. No. 369-The standard form of bond, for use in connection with the third edition of the standard form of agreement and general conditions of the contract. No. 370-The standard form of agreement between contractor and subcontractor, for use in connection with the third edition of the standard form of agreement and general conditions of the contract. No. 371-The standard form of acceptance of subcontractor's proposal, for use in connection with the third edition of the standard form of agreement and general conditions of the contract. (B).—Agreement between Principal and Contractor. No. 372-Agreement between owner and contractor providing for wrecking and removing building. Section 2.-Miscellany. No. 373-Release of liens by contractor. No. 374-Clause indemnifying owner against injury to persons or property. No. 375-Clause providing that acceptance of last payment shall operate as release. No. 376-Clause providing that, upon contractor's breach, owner may complete building, and use contractor's materials and other property for the purpose, and providing for forfeiture of contractor's compensation. No. 377-Clause requiring approval of extra work. No. 378-Clause requiring contractor to furnish bond after execution of contract. No. 379-Clause transferring title to work and material to owner. SECTION 1.-AGREEMENTS AND BONDS. (A).-The Standard Documents of The American Institute of Architects. No. 367. The standard form of agreement between contractor and owner.1 ISSUED BY THE AMERICAN INSTITUTE OF ARCHITECTS FOR USE WHEN The Standard Documents have received the approval Third edition, copyright 1915-1918 by the American Institute of of the contract. This agreement made the..... day of.. .....in the year Nineteen Hundred and.. by and between. 1 Adopted by the American Institute of Architects, and reprinted by its permission. hereinafter called the Contractor, and.... .hereinafter called the Owner, WITNESSETH, that the Contractor and the Owner for the considerations hereinafter named agree as follows: Article 1. The Contractor agrees to provide all the materials and to perform all the work shown on the drawings and described in the Specifications entitled (Here insert the caption descriptive of the work as used in the Proposal, General Conditions, Specifications, and upon the Drawings.) " prepared by acting as, and in these Contract Documents entitled the Architect, and to do everything required by the General Conditions of the Contract, the Specifications and the Drawings. [PAGE 1] Article 2. The Contractor agrees that the work under this Contract shall be substantially completed. (Here Insert the date or dates of completion, and stipulations as to liquidated damages, if any.) Article 3. The Owner agrees to pay the Contractor in current funds for the performance of the Contract to additions and deductions as provided in the General Conditions of the Contract and to make payments on account thereof as provided therein, as follows: each month.. On or about the..... ..day of .per cent of the value, proportionate to |