Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1888-05-18
THE NEW posToFFIcF.
An Important Arrangement to Secure
Additional Grounds.

ing Joseph Steffens and r. D. Stephens. to
hold the lot adjoining the new Postoffice
site, on X street, between Seventh and
Eighth, and give the Government the pref.
erence in its purchase. His reason for SC
doing was that he preferred to sell to the
Government rather than to any one else,
because finer building would be con-
structed upon 1t, the grounds would be i'm
proved and made more attractive.
On Tuesday he notified Mr. Steffens that
he could not hold it any longer that they
were IN need of the money, and if the
Government wished to take the property it
must manifest its disposition to do so
within week, otherwise he would give
notice that the property was for sale, and
give all an equal chance to bid upon or
purchase it. Under these circumstances it
became necessary, in order to secure the
lot for the Government, that some action
be taken here, as the Secretary of the Treas
ury was not in position 10 purchase the
additional ground until Congress should
pass bill appropriating the necessary
money.
Messrs. Joseph Steffens, R. D. Stephens
and 5. Prentiss Smith waited upon Bishop
Manogue on Wednesday evening and
entered into an agreement by which they
have secured to the Government the right
to purchase the property for $4,000, pro-
vlding the purchase is made before the ad-
Journment of Congress. Following is the
agreement signed by the parties
This agreement, made this 18th day of MAY,
"A; d. lSSS between the Right Reverend P Ma
nogue, Bishop of Sacramento, party of the first
part, and Joseph Stetiens X. d. Stephens and S
Prentiss Smith, parties of the second part,
: Witnesseth. That whereas the party of the
first mart has Otfprpd In spl nd NV,
and sufficient deed to the Government of the
United states that certain real property situate
lying and being in the city and county of Sac
ramento, State of California, more particularly
described as the east half of lot z in the block
or square of said city bounded by and X
and Seventh and Eighth streets, at and for the
price OF $4,000, gold coin, which offer has not
been accepted by the Government. And
whereas the parties of the second part are de-
sirous that said offer should be kept open and
said property reserved from sale to other parties
until after the adjournment OF the present SEES
sion OF Congress.
Now, therefore, in consideration of the adj
vance by the second parties TO the first party of
the sum OF $40 100 the receipt of which is hereby
acknowledged, the first party promises and
agrees that he will not sell or convey said real
property to any person other than the Govern.
ment OF the United States, prior to the adjourn
l1ent of the present session of Congress- and
that if at any time prior to the said adjourn
ment, said Government shall signify its a. cept-
ance of said offer he viii, on receipt of said
and sufficient deed to said Government, and
repay TO second parties the sum OF $4,000.
If the Government of the United S ates does
not, before the adjournment of the present ses-
sion OF Congress, accept said offer to sell said
property, the first party will, within thirty days
alter SAID adjournment, repay to second parties
SAID sum OF SlO,l2O without interest, aud there
upon this contract shall be at an end, and
frst party at liberty to sell said property to any
other person.
This contract is made by first party ex-officio
and is binding nDOn his Successors q &c hishOn n
said diocese.
Witness our hands the day and year first above
written. p MANoGUE
JOSEPH STEPHENS.
r. d. STEPHENS
S. PRENTIsS SMITH.
The following document will show how
the money was raised to carry out this agree
ment and how prompt aud philosophical
some of our business men were in meet
ing an emergency:
WHEREAS, the National Bank of D. o. Mills
& Co. has this day advanced at the reouest of
the undersigned, the sum of SIC, 120 the sum
paid Rt Rev. z. Manogue under a certain con-
tract of even date between the said Manogue
and Joseph Steflens, X. d. Stephens and S.
Prentiss Smith.
Now in consideration of the advance of said
sum of money, we, the undersigned do promise
and agree, Jointly and severally, that we will on
or before SIX months after date pay to said Ma
tional Bank of D. o. Mills & Co. said sum of
Sl0,l20, together with interest thereon at the
rate OF SIX per cent. per annum from date until
paid. Amy sum repaid by said Manogue in
pursuance of said contract to be credited here
on, and any sum due ON said contract to be
assigned to the subscribers upon payment by
them of said principal sum and Interest as
herein provided.
Witness our hands this 18th day of May, A. D.
1883. JOSEPH STEFFENS,
K. d. STEPHENS,
S. PRENTIsS SMITH
W. ID. COASTOCK,
W. o. BOWERS,
+. G. BLESSING,
WEINsToCK. LUBIN & Co.,
A. ABBOTT,
BAKER d HAMILTON.
w. r. STRONG & Co.,
HALL, LUHRS Il Co.,
q. l.. SIMMONS,
BOOTH 4 Co,
WHITTIER, FULLER & Co.,
W. 2. COLEMAN,
HUNTINGTON, HOPKINS & Co.
The necessity for this action lies in the
fact that the ground is needed by the Gov
eminent, yet the Secretary of the Treasury
could not purchase it as this time. The
Geographic news OF yesterday was that a
bill had passed the United States Senate
appropriating Sl50000 for public build
ing in Sacramento. There is some doubt
here as to what Is meant by this By some
it is supposed that the original appropria-
ton of 100000 has been increased to $780,
O00. The first report received here { f the
action of the Committee on Public Build
ings was that they had recommended an
additional appropriation of $4,000. but
when the official report was received it was
found that they recommended an increase
Of $50, 900, making the total $3.50, 900.
The estimates made by the Government
architect and the recommendation TO the
Committee on Public Buildings was that
the appropriation should be $3.50, 600. It is
therefore hoped that the telegrsphic report
was an error, and that the increase in the
bill passed by the Senate on Tuesday is
S150,000.