The news-democrat. (Providence, R.I.) 1906-1909, 1906-12-05

succeeding year until the year OF pur.
s unase inclusive. said interest 10 be hg.
ureu with annual rests and the interest
Tor each succeeding year 10 be figured on
the new principal Such unimproved land
shail h De land which at the time OF purA
or at said time is not pionshed' fertii.
ICED. cultivated, cleared OF rock and
stone or otherwise improved for farming
land In said aforedescribed tract not now
improved lying westerly OF the old New
London turnpike. II improved as. afore-
saiH 100 ~ishin thnn one year from said Feb:
Tor the purpose OF sale az unimproved
land and shall be sold at the aforesaid
Price; The price for any land with a
building or buildings thereon included In
such square OF ten acres shall be. during
SAID hrst period OF three years. six hum
ared e dollars per acre. plus, fair value
such value 70 be determined by agree
ment, or In default. Of agreement, by arr
bltrators, one TO be selected by each re-
spectlve interest. and the third by the
two so chosen. and the decision OF any
TWO or them TO be binding upon the par
ues In interest and after said period OF
tnree years. six hundred dollars per acre
plus four per cent. interest to be added
for each succeeding year until the year OF
purchase inclusive, said interest to
the interest for each succeeding year 10
be figured on the new principal, and also
plus fair value for the building or build
ings thereon, such value TO be determined
as aforesaid. The price OF any improved
land included in such square OF 10 acres.
but not having a building or buildings
thereon shall be during said first period
OF three years six hundred dollars per
acre, and after said period six hundred
dollars per acre plus interest TO be at
the rate and reckoned I'm the manner as
hereinbefore provided. In addition 10 the
aforegoing stated prices, the value OF any
growing crops and standing wood on land
included In any such square OF 10 acres
shall be added TO and included in said
prices. and In case OF failure to agree as
TO said value, the same shall he deter
mined by arbitration as aforesaid M.
building or buildings shall be erected on
said tract OF land during the period OF Ave
years from said Feb. I, 1902. until after
the said New England Briquette Coal.
company, its successors or assigns, shall
be given three months prior notice OF the
intention TO build and the opportunity 70
purchase within said period OF three
months the location OF any such.
proposed building or buildings, as
part OF such hereinbefore speci-
fed 10-acre square or squares, but
this provision shall not prevent building
without such notice and opportunity tn
purchase n dwelling house on land bound
ing on Reservoir avenue on or near the
site OF one formerly thereon which was
destroyed by fire, or prevent the rebuild
ing, repairing or restoring any building
or buildings now on said tract of land
without such notice and opportunity to
purchase. After the period OF five years
from said Feb. /, 1902. in case said Harris
Farm & Mine company, or It's successor
or successors, shall at any time or times
desire TO sell its or their remaining title
and interest in said hereinbefore described
tract OF land or any part or parts there
of II or they shall have full right to do
the same. free of all right OF purchase OF
said New England Briquette Coal COM
pany, its successors or assigns provided
that before making any such sale. satd
New England Briquette Coal company. its
successors or assigns. shall first be given
the opportunity for the period of thres
months. TO purchase such remaining title
and interest In said tract or any part or
parts thereof upon and according to the
aforegoing terms and prices. but In case
of purchasing less than the whole land
included In said tract or In any part or
parts thereof owned by said Harris Farm
& Mine company, or its successor or sue
cessors, the right to purchase under this
proviso shall be confined to purchasing
In such 10-acre square or squares. Said
Harris Farm & Mine company. its sue
cessor or successors in any sale made
under the aforegoing provisions. shall
have the right to reserve any necessary
rights OF way over the lands sold to said
New England Briquette Coal company.
It's successors and assigns. for travel on
foot and with vehicles or otherwise 20
and from any other lands included I'm said
tract. which are not purchased by said
New England Briquette Coal company,
its successors and assigns, and which re-
main the property OF the said Harris
Farm e. Mine company, its successor or.
successors.
And in case Of any purchase by said
New England Briquette Coal Company. its
successors or assigns. under the aforego
Ing provisions, with each such purchase
there shall be granted 10 said New Eng
land Briquette Coal omrany, it's success
ors and Assigns, any necessary right OF way.
over land in said tract remaining the prop
erty OF said Harris Farm and Mine Com
pany, its successor or successors, for tray
ell on foot and with vehicles or otherwise
to and from the highway nearest to the
land purchased whether II be the Socka ,
nosset Cross Road. Reservoir avenue. or
other public highway.
Excepting however, from this grant
and deed that portion Of said tract OF land
comprised In a strip or land having a uni
form width OF fifty (50) feet which was
conveyed to the City of Providence for a
water pipe main line by deed recorded in
the town clerks office in said Cranston In
! book 81 page 461.
| And also excepting therefrom that lot
! OF land comprising seven and 212-100o
| (72i2) acres conveyed by said Harris
t Farm and Mine company to said New
England Briquette Coal Company by deed
dated February 1, 1902.
| And this deed and grant is made sub
! ject TO the lease from said Harris Farm
| and Mine Company to ]. William Moore
dated December ~. 1898. Of that parcel Of
/ land, included IN the aroredescribed prem
ses, containing about eleven acres and
/ known as the "coal mine lot" Of the road
/ bed OF the old New London Turnpike on
! the northwesterly side OF said lot. and OF
n strip OF land one hundred feet in width
on the northwesterly side OF said road
bed and extending about one thousand
feet along the whole OF said lot. and SUBJ
feet to all rights Of the lessee hereunder.
| including provisions a. 20 rights OF way.
but with the right In said New England
Briquette Coal Company. Its successors
and assigns. 10 collect and receive TO its
and their own use all rents and royalties
reserved and accrulng under said lease.
or any renewal thereof in accordance with
its terms, IN favor OF the lessor. any ex-
pense. however. incident to collection OF