New-York tribune., 1878-02-19
THE LORD SETTLEn nENT.
FUTURE MANAGEMENTOFsTHE PROPERTY

FUTURE MANAGEMENT OFiTHE PROPERTY
CONVEYANCE IN TRUST To HENRY DAY AND
CLARENCE A. sEwARD-MRs. LORDS RIGHTS GIVEN
UP.
The papers Of the settlement in the Lord
matter were fled yesterday In the Registers ofce Inc
deed Is a long document, drawn with great care, aud
covers every possible point OF dispute as to future
disposition OF the estate OF Thomas Lord, ar Omttng
some legal verbiagc, the document Is as follows:
Thomas Lord and Annette W. ". Lord, his wife, grant
sell and convey to Henry Day and Clarence A. Seward
for the sum OF dollar and for divers and other good
and valuable considerations. the following real estate
The buildings known Nos. 49, 40 AZ, 52 and 54 Isx
change-pace between Broad and William%ts, and the
extensions thereto Nos. 81 and 50 Beayer's
and as Nos 25 27 and 20 Wiliam-st.; also two brown
stone houses In East seventeenthst between Firth and
sixthayes and house and lot the south side OF
Forty-hrst-st, near Fifth-ave.
The right of dover and all remainders and reversons
OF Mrs Annettew W. Lord, and all other rights present
and prospective legal or equitable of Thomas Lord and
his wife, are aao conveyed aud with the concurrence OF
her husband Mrs Lord expressly releases and discharges
the premises conveyed by this deed from all marriage
settlements other provisions for her benefit IL any
such have been heretofore executed by when the PREM
ises thus granted be in charged or encuu-
bered or by which the right and title OF the Sous as fee
simple can be In any way Impeached or affected. 4
BY the further OF the deed, Henry Day and
Clarence A. Seward to have and hold the premises
I'm trust upon the following trusts, Limitations aud con-
ditiOns:
To lease the property for not exceeding Ave
year, such rents and coyer9ts as they shall think
advisable.
H. To SELL in their discretion all or any part OF the
premises at auction private SALE on terms OF sale and
payment as they may think advisable and to execute
valid deeds or with such conditions they
may deem proper.
H. To raise moncy from time to time by mortgaging
any portion OF the granted promises, IL they shall con-
slider advisable for any Of the purposes Of this trust
with the mutual understanding that the mortgagee sha
not be IN any responsible for the exercise or
discretion the part of the trustees or for the appiea
tiun OF the money raised by them.
shall be desirable easements and rghi-Oway, ana
to tear down ana extend or rebuild ss from time 10 tme
they may deem such changes necessary.
V. To keep up proper insurance, ana 20 employ az
other assisants they shall deem necessary for the
management of H. 4, property. a.. A.. .,.,, -.
VI To collect all the rents and profits that sha ac-
sary deductions for repairs, and insurance, IN
with thS deed which is not fcd made and executed by
Thomas Lord and Annette ". W., his wife, OF the hrst
part and Henry Day and Clarence A. seward OF the
second part. and Thomas Lord ill., Henry LORD Charles
Lord Frank W. Lord ana Sarah Lord Of the thlfi part
The conveyance contains. concluding reaction the
usual form of warranty Of safe and proper execution Oh
The signature OF Thomas Lord betoens the tremulOus
of old age, but It s much hrIner than usual IN an
octogcnaran. Mrs. Lords name - signed III very
open bold aud vigorous style The notaIes Charles
A. Roth and +. D. Lord
THE POWER OF ATTORNEY.
power OF attorney has also been filed with the Reg
istcr in which Thomas Lord appoints and constitutes
Henry Day and Clarence 4. Seward his true and lawful
attorneys TO indorse all checks drawn to his Order to
transfer all or any OF any incorporated company
standing In the OF Thomas Lord on the books OF
any companies. and TO collect all interest or diyi-
donds due him upon all stocks. bonds,
pronlissory notes other evidences OF mdebt-
edness and all rents now due. aud 10 give all nee
essary receipts therefor Also, TO assign and
transfer all bonds and mortgages under seal or other
WISE and give all necessary discharges therefor and TO
receive and collect by suit otherwise all moneys due
him from person persons whatsoever. ana TO
give good and sufficient receipt therefor, the powers
herein conveyed being fun and ample rs If the acts
were done by him. Thomas Lord, the being hereby
atified and approved.
The power OF attorney and deed drawn on Feb
ruary IA, and executed February 16.