The Owosso times. (Owosso, Mich.) 1897-1926, 1902-04-04
Common Council.

common council, Common Council Chamber
Owosso, Mich, March 81, 1902.
special meeting OF Common Council, Mayor
5. d. Emery, presiding.
Aldermen present at roll call, Smith, Pier
pont, Stratton, Noble. Brown, Jordan, Dens-
more, MOyseS.
>, Clerk read the following call:
Clerk of the City Of Owosso.
Gentlemen-There will be a special meeting
OF the Common Council of the City of Owosso,
at the Common Council Chamber, at s o'clock
P, m, Mondays March 81, A. d. 1902, for the
purpose OF taking action upon the contract
a furniture factory in the City of owosso. -
s. d. EMERY, Mayor.
Aid. Stratton presented following report,
which was upon motion adopted, ayes 8, nays D.
Your special committee to whom was re-
Ierred the matter of making contract with
Lyman z. Woodland g. Sons in accordance with
their proposition to build and erect and operate
furniture factory in said city respectfully,
report that they have had the matter under
consideration and report that they have drafted
contract which is herewith submitted and
recommend that the same be adopted by the
Common Council and that the mayor and
OF said city
B. S. STRATToN,
Il. w. SMITH,
H. III. WATSON,
Aid. stratton presented following contract,
which was upon motion adopted. Ayes s,
CONTRACT BETWEEN LYMAN E. wooDARD &
SONS, AND THE CITY OF owosso.
Slst. day OF March A. d. 1902, by ana between
Lyman 10. Woodland, Frank j. Woodland and
a arS b. s Moodardl known as Lyman E. Wood
City of Owosso municipal corporation, party
of the second part.
Said parties of the first part for and in con-
sideration of the delivery to them of $4,000 90
in municipal public Improvement bonds of
City on March s. 1902, by general election
thereon; Agree to build and erect on the fol-
lowing described land in the City of Owosso,
the following buildings, viz:-One furniture
factory, main building S0S1G0 it., four stories
nigh and basement to be nearly rs high as
other stories. Kiln building SiXSD IT,, one
story high. One power house l05N36 IT,, one
story high. All buildings to be of brick. Also
one brick chimney the counterpart of old one
standing ON Nam street, in said City, and
agree TO properly equip the same with suitable
machinery Tor furniture notwithstanding.
Operate said furniture factory and employ
therein for period OF i've years from the
ume OF beginning Of operation thereof on an
average of 100 employees And agree to
operate said furniture factory continuously
for period Of five yonrs. but it is expressly
agreed that III case OF accidents by way of fires,
etc, the delay caused thereby shall be added
TO the time herein expressed and said first
parties shall operate said factory for said time
beyond the period of five years herein ex-
pr essed.
And agree when said factory is completed
they will cause the same to be insured in good
insurance companies in sum of not less than
$l50O000, loss II any, payable to second party as
ance of this contract but SAID Clty's interest in
said insurance shall decreas 100000 each year
during the life of this contract. 1t Is also
agreed that said first parties viii make, execute
and deliver to second party good and sutfi-
clent bond in the sum of sl5,000.O0 conditioned
that they will build and operate said factory
and in case of their failure to so do then said
first party shall pay said second party the full
sum of $l5,0O0.00, and when said building is
erected said first party shall procure for said
second party and deliver to it a good warranty
deed of said premises to secure to second party
H.,I .NHf
the term herein expressed. Said deed to be
delivered within one year from date. 800
It Is also agreedi that second party will on
deed said property to said first party orgto
whomsoever they may direct. Said deed TO
bank of M. L. Stewart & Co., of the City of
Owosso, to be delivered to the grantees therein
named when said first parties have well and
of this contract and not before.
It is also agreed that upon said first parties
delivery to second party the deed and insurance
cancelled and returned to first parties by said
second party.
II is also agreed that committee appointed
by order of the Common Council shall at any
and all times have access TO said factory and
Office and the books of said company shall at all
times be open to said committees inspection in
order to determine whether first party is en-
ploying the number of employees above pro-
vided for them to employ.
and to secure the faithful performance OF this
contract, and shall not in any way effect the
question of taxation but said property shall be
liable to all taxes, the same as though this con-
tract were not made.
second party shall decrease in the property
decided, each year to the extent that said first
parties have fulfilled their part of this con-
tract.
Said second party hereby agrees that it will
execute and deliver TO first parties said Sl5,-
10000 of public Improvement bonds in con-
aid ara Of
forming the conditions and things herein ex-
pressed for them to do and perform. -,
1t is hereby agreed that said factory shall be
built and operation be un within one year
In witness whereof said parties have hereto
set their hands and seals the day and year first
LYMAN r. wooDARD,
FRANK j. WooDARD,
FRED b. WooDARD,
FRED EDWARDS, City Clerk.
s. ID. EMERY, Mayor.
Signed, Sealed and Deliv cred in Presence OF
\. II. WATSON,
q. r. CAMPBELL.
Aid Stratton presented following bond. 1t
was moved and supported that the BOND be ac-
cepted and sureties approved, which was car
RED Ayes 3, nays 0.
Know all men by these presents, That Lyman
+. Woodland, Fred b. Woodland and Frank j,
woodland, as principals and Frank Weidman.
Matthias l.. Stewart and Charles ID. Stewart,
Of owosso City, as sureties are held and nrmiiy
corporation of the state of Michigan, in the sum
of fifteen thousand dollars lawful money of
the United states of America, to be paid TO the
said City of Owosso, or to its certain attorney,
OF representative to which payment well and
truly to be made we bind ourselves, our heirs,
executors and administrators, and each and
every one of them, firmly by these presents.
Sealed with our seal, dated the 3lst day OF
March A ID. 1902.
The condition tf this obligation is such,
That IL said principals shall build and ell ect
certain brick buildings in said city for the pur-
pose of manufacturing furniture, said bull ings
shall be according to proposal OF said Wood.
ards on file in the city clerks Office, in said
city, and in accordance with certain contract
this day entered into between said Woodlands
and said city, and will properly equip said
buildings with suitable machinery and appli-
ances for said purpose. and when complet,
deed said property to said City of Owosso and
cause the same to be insured in the interest of
said city in the sum of fifteen thousand dollars
and begin the operation of said factory withot
one year from date, then this obligation is in
be void, otherwise TO remain in full force.
LYMAN +. WooDARD,
FRED X. WooDARD,
FRANK j. WOoDARD,
FRANK wEIDMAN,
MATTHIAS l.. STEWART.
CHARLES d. STEWART.