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W w 1/Every deed of convcyaucn that tlie Company may at any tiino make fdr a^y of the said Ijiirnl shall contain n, clause binding tho purchaser front the Company to make a settlement in jlood faith, upon the said land, within a limited period to be fixed m'snid deed.The Company arc to take tho same at their own risk, as to tho amount of the same, and as - to the validity of the title of the county to tlx: same uguiusi all conflict ;ng claims, and to pay all expenses hereafter umde in perfecting the title to the same.The county' is to convey unto said Company all of said laud and claim for the same' as soo.i after the performance of tho Company in doing the said work, und makingthc said improvements as thecounty shall be thereunto requested, which isio be within the said three (3) years from the first day of Juno nextThe count’ is also to convey the whole or any part of .said, land or claim by quit claim deed, ami take a mortgage buck on the amount conveyed as security to the county for the performance of the covenant of the company, if requested so to do by the company or local agent.Thu county is to convey parcels of said lands from lime to time as the sameis needed for actual settlement, within thp, said three- (3) years' from June next/without taking a mortgage back as security ; provided the company give the comity other satisfactory security such1 us the Board of §upomsojs may require.In so much of said land 01* that obtained for and as the proceeds of the same within tbe said county—as tho ^ county retains an interest—either in fee or by mortgage, the county is to assess no tax till after the said three (3) years from the first day of June next, when thp unsettled residue of said laud U to bequit claimed to said company—-if the company do not sooner pen arm and get a deed for the same Provided, that the Board of Supervisors may extend .the time for the company (ft perform their part of the contract.Phis contract is subject to a certain other contract made with Asa C. Call for obtaining title Jo the laud, auc} the one fourth (|) interest in the same which he U to have toy effecting a settlemeui . with J'fal [ States aud peffectli.g the title in the comity, is v$sMTelt;| ffuift fcae opertipas of this contract.m. ... fo hfj uQ
Newspaper Details
Algona Pioneer Press
Algona, Iowa, US
Sat, Aug 16, 1862
Page 3
Full Page
Clipped by
Don B.
USA 12 Mar 2023
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