, 1892-05-25
CURIOUSC0NTRACTS
A Seattle Dealer in Dirt is Specu-
lating.

EIghty-One Thousand Dollars I'm
Property Tied up In the south
End of the COuntY--The Agree
ments.
Agreements being recorded in the Office
of the county auditor show that Seattle
real estate firm, under the title OF Isaac NJ.
Dunn & Co., real estate and investment, is
engaged in tying up Olympia and Thurs
ton county property by the Wholesale
The business is being transacted and agree
ments drawn IN the name of y. G. Dunn.
The agreements have attracted much at
tention among abstractors, who are not in
clined to look upon them in the most ia
vorable light, for the reason that they are
altogether one-sided, for Dunn only For
consideration of one dollar, acres and
acres are tied up, and can only be released
upon the payment by the owner of con-
sideration. In this manner property val
ued at $81 300 have been tied up for the in
significant sum of S12. In one instance,
Virinda Longmire has tied up 1000 acres,
being all the land owned by her in Thurs
ton county and valued at $4,000. Dunn
pays 81 and agrees to pay $4,000 before
May Is, 1895, and the balance in one and
two, not saying years or centuries. James
LOngmlre, her husband, does not sign. In
other cases the amounts tied up range
from 5000 to $4,000. The contracts are
drawn up in a loose manner, and a prOmi-
nent abstractor said that it was Just
enough to make a cloud on the
title Of the property in case the
owner wanted to dispose Of or mort
gage it before the option expires.
Where the rub comes in the transaction is
the third section in the terms of the agree
ment which reads "This contract to be
released only with the consent of said
second party, and the payment to him of
- dollars. In the case of Mrs. Long
mire she agrees to pay 1000 for the release
of her property, which was tied up for five
years for the one dollar. In some cases no
interest is required on the deferred pay
ments.
Dunn tied up all the property with the
assistance of w. E. Cromwell, a notary,
who travelled with him and attached his
seal to each agreement. The twelve agree
ments on record were made between May
II and 21, and while it is not for one
moment intimated that the grantOrs in
these cases did not know what they were
about it will certainly set them to
thinking,
The agreements, which have attracted so
much attention. are:
H. E. and Carrie Healy, neL of neL of
section Is, township 16 north, range east:
$500, cash payment $l-balance May 18,
lS95-contracU to be released on the pay
ment of $3.50.
G.. W. Lotzen to 2. G. Dunn, 80 acres,
section 10, township 16 north, range east
$3.50. Cash payment, 81; $1,000 to be paid
May II, 1896, and the balance in four years.
Contract to be released upon the payment
of $50.
John Alyger and wife to 2. G. Dunn, 80
acres, section Is, township Is north, range
east; S2400. Cash payment, 81; $1,000 to
be paid before May Is, 1893, and the bal
ance in five years. Contract to be released
upon payment by the grantors of $12O.
M. @. Smith to u. e. Dunn, 120 acres, sec
ton 1, township 10 north, range west;
5000. Cash payment, 81; balance to be
paid before May 1, 1895. Grantor to pay
5000 for the release of contract.
H. Sorrenson to u. G. Dunn, 80 acres,
section II, township II north, range easti
$500. Cash payment, 81; $3.50 to be paid
May II, 1884, balance, eight years there
after. Grantor to pay $50 for release Of
contract.
James N. Sumpter ct ux to q. G. Dunn,
200 acres section 4, township 16 north,
S2500 to be paid May II, 1893, balance enc
year. Grantor to pay $50 for release of
contract.
Abraham Enfield, ct ux, 100 acres, Sec
ton 10, township 16 north, range 2 east
$4,000. Cash payment, 81, $500 to be paid
before May 10, 1896, balance in one and two
years at 10 per cent. GrantOr to be released
from contract on paying 500.
A. ii. Schroeder to u. g. Dunn, 160 acres,
section IA, township 10 north, range 1 east
$2400. Cash payment, 81, $1,000 TO be paid
November II, 1892, balance in one year.
Grantor to pay 500 for the release Of con-
tract.
Henry H. Goodwin, ct ux, to q. G. Dunn,
40 acres, section 13, township 16 north,
range l east; $500. Cash payment, 81. $3.50
to be paid November IS, 1892, balance one
year. Grantor to be released on payment
of S25.
Two of the agreements are made more
noticeable from the fact that the grantor
evidently had some thought for his own
interest, in s6pulating an amount which
he was to pay Dunn in case he (the
grantor) should desire to dispose in some
other way of his property. They read
George n. Manville, ct ux, to u. G.
Dunn, 1856 acres, township 16 north, range 1
west; $4750 Cash payment, 81, $2750 to be
paid before December 1, 1892, balance three
and a half years."
Then follows "This contract to be re-
leased only with the consent of said
second party and payment to
him of S25OT Mr. Manville for his
protection and evidently ignorant of the
preceding clause, writes on the margin of
the agreement, "Owner reserves the right
to sell by paying said Dunn S45." Closer
Investigation shows, however, that this
sentence is not in the grantors hand writ
ing as it is the same as a similar sentence
written on an agreement made in another
part of the county.
Another reads: E. A. Yoakum ct ux to
a. G. Dunn. ITO acres, township 15 north,
range 2 east; $3.50. Cash payment ST.
balance before December 1, 1892 No in
terest, grantor to be released on payment
of $3.50. Then, in the same handwriting
as occurs in the Manville agreement is the
sentence: "Owner reserves the right to sell
by paying said Dunn $50."
The last is James Longmire and Virinda
Longmire although James does not sign
the agreement and Virinda puts her mark
to it. 1t is for 1900 acres, being intended
to cover all land owned by said first par
ties in Thurston county, for $4,000; cash
payment $1-$25, 900 to be paid before May
| 1S, 1895, balance one and two. Grantor to
be released for 81 900.
Decoration Day Dinner.
The ladies' of the Christian church will
serve a dinner on decoration day in the