The Hawaiian gazette., 1904-07-05

Tschudi, expense of making out the
papers, a dollar for the Underwriting
Company's guarantee that his loan
would be all right, and small amounts
for other purposes. The reporter show
ed him the place in the circular where
he was said to have stated that the
three hundred had been used to clear
n mortgage and that the remaining
hundred had been used to repair house.
II did not write it," said Clark, 1.-The
Society came around with that already
written out. They said it would help
the Society and asked me to sign it,
So / did So"
"But / have one more agreement
said Clark, land I will get that"
From small safe Clark fished out
a document of which the following is
copy:
COPY OF AGREEMENT.
This agreement, made this 18th day
of May, A. d. 1904, by and between NJ.
w. Tschudi, Trustee for the Cooper
ative Home Purchasing Society, of Ho-
nolulu, Island of oahu, Territory of
Hawaii, party of the first part, and
Robert Clark, of Honolulu, party of
the second part; Witnesseth.
That whereas said party of the sec
ond part has borrowed and received
from the Co-Operative Home Purchas-
ing Society of Honolulu in Gold Coin
of the United States the sum of Four
Hundred Dollars ($4OO.0O) and has
agreed to pay to the said Co-OperatiVe
Home Purchasing Society the sum of
Four Hundred and Forty Dollars
($440.00) in monthly installments of
sums not less than Four and 40-l0O Dol
lars ($4.40) on the first day of each and
every month hereafter, beginning with
the first day of June, 1904, together with
all other dues and assessments accord
ing to the terms and conditions of that
certain Cooperative Contract No. l
Series "A" of the Cooperative Home
Purchasing Society, dated March 25,
1901 and has conveyed unto NJ. w.
Tschudi as Trustee for the Co-Opera-
tive Home Purchasing Society abso-
lutely in fee simple by deed dated May
13. 1904, and recorded in Liber =, page
-, all that certain piece or parcel of
land situate at Kapalama, Honolulu
aforesaid, and known as lot Twenty
(2O) in Palama tract as more fully APP
pears in n map of said Tract recorded
In Liber 1893 on page S02.
Time being the essence of this con-
tract, it is agreed, that If any pay
ment shall be in arrears according to
the terms and conditions of said Co
Operative Contract No. /. the said par
ty of the first part, his successors, heirs
or assigns or their agent may at once
t,lF Of ,fl.As. .,.l
may exercise the right of ownership as
granted in said deed, and may rent the
said premises or may sell the same,
and from the proceeds thereof, pay and
liquidate:
First: any and all sums that may be
due from the party of the second part
to the Cooperative Home Purchasing
Society together with accrued costs,
interests and all taxes and assessments
whatsoever, and second: pay the re-
mainder, IL any, to the party of the
second part.
When fun payment shall have been
received at the Home Office of the CO.
Operative Home Purchasing Society I'm
Honolulu according to the terms and
conditions of the said Co-Operative
Contract No, l, Series "a" but not
otherwise, the said party OF the first
part, his successors, heirs or assigns
shall execute or cause To be executed at
the expense OF the party OF the second
part, his heirs, administrators or ass
signs sufficient deed to the above
premises free from membranes,
In case the party of the second part
Is in arrears as aforesaid ne agrees,
guarantees and binds himself 30 SUR
rundrr this Agreement ON demand, and
ALLOW thu party of the urst part to take
immediate Hui peaceful possession ot
the said premises tosnlhrr win all
improvements aul HppurpUau,,s With
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