Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1895-03-05
OFFICIAL.

WHEREAS, The City Council Of Aexandr;,
| under, and by virtue OF resolution apurorgi
March 10th, 1892, did lease unto the AIey
andria Fertilizer and Chemical Comranv
corporation duly chartered under the law, ~
the State of Virginia, all that property la,er
in possession of the American Coal ComnauT
bounded on the south by OronOco Street an
he west, by Union street, and on the cast and
north by the Potomac river together with a
the wharves, buikheads. water right, ami
wharf privileges connected Herewith. flo,
The Inst day Of January 1892, for the trn
of 10 years thence next ensuing AZ the an
nual rent OF $500 payable quarterly ;aud
WHEREAS, In the contract and deed of
lease recorded in the CORPORATION Courr
clerks office, in deed book No ~. page 262
under which the said company took possession
of said property, it was covenanted and agreed
that the said company should have the rigl.,
TO purchase the sid property at the py;ra Il
Sc, 800 at any time within three years ron
the date of said lease (Which was M4rcl II.
1892, and that upon the payment of tie
said sum either i'll cash or upon such terra;
of credit and security as the City Counci o.
Alexandria might desire, the said City Cot :
Gil of Alexandria would convey the said prop.
erty by good and sufficient deed 10 the $ 4!
company, its SUCCESSORS and assigns in G
simple; and
WHEREAS The said company has til, iay
determined to purchase the same in q crit.
ance with said option and has asked the ID
City Council to prescribe the terns Of pay
ment and security for the purchase money
thereof therefore be it
Resolved by the Common Council, the frl
of Aldermen concurring, That Henry Stau>.
the Mayor of TIE city of alexandria, and
F. Price, Auditor, be. and they are hereby d.
reeted for and on behalf of the city of Ale1ai.
dria, to execute and deliver unto the sail
A exandiia Fertilizer and Chemical Company
and in the name of the said City Counc.
decd with general warranty and the usua,
covenants of title, conveying said prof cr.y.
etc, to the said company. upon the payment
into the City Treasury prior 10 March ] lth
1895, of the sum of 81, 500 in cash, and lie
execution by the said company OF lis three
notes for 81 ,666.66 each, payable to the said
CITY Council at one, two and three years after
date respectively, with interest at six
centum per annum, for the payment OF whch
notes vendors lien shall be reserved in such
dee1 and the said Mayor is authorized To
sign the corporate name and aiiix the COZ
porate seal of said City Council 10 such deed.
Be it further resolved, That Lewis Nc.
Kenzie. trustee, and Henry Strauss NJ. b
Harlow and F. F. Price, substituted Trustees,
in certain deed of trust besring date on he
9th day of January, 1869, and recorded
amongst the land records of Alexandra coun.
ty in liber z. No 3. folio 1919, be requested
and instructed to release the lien of the SID
deed of trust as to the prop ;rty, etc, abofe
mentioned.
This resolution shall BIO in force from
passage.
Passed Board of Aldermen Feb. %, 1885.
w. Ii. MARBURY, President,
Passed Common Council Feb. 26. 1898.
HUBERT SNOWDEN, President.
Approved Feb. 20, 1895.
HENRY STRAUSS, Mayor
Tcste JNo. L. JOHNSON. Clerk c c.