The news-democrat. (Providence, R.I.) 1906-1909, 1906-11-14

succeeding year until the year OF pur-
chase inclusive. said interest to be fs.
ured with annual rests and the interest
TOT each succeeding year 10 be figured on
the new principal Such unimproved land
chase does not have a building thereon.
or at said time Is not ploughed fertil-
ICED. cultivated. cleared OF rock and
stone; or otherwise improved for farming
or other purpose or purposes: and any
land I'm said aforedescribed tract not now
improved lying westerly OF the old New
ls9adon Lon turnpike n improved as afore-
1902, shall nevertheless be considered
Tor the purpose OF sale as unimproved
land and shall be sold at the aforesaid
price: The price for any land with
building or buildings thereon included I'm
such square OF ten acres shall be. during
said first period OF three years, six hum
for the bndnE acre Bdnrs BISs fair ,beyaon ysns
such value 10 be determined by agree
nent. or In default. OF agreement. by ar
bltfators, one TO be selected by each re-
spectlVe interest. and the third by the
TWO SO chosen and the decision of any
two OF them TO be binding upon the par
ties In interest. and after said period OF
three 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 70
the interest for each succeeding year 70
be figured on the new principal, and also
plus fair value for the building or build
ings thereon. such value 10 he determined
as aforesaid. The price OF any improved
land included i'm 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 TO ths
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 az
60 said value. the same shall be deter
mined by arbitration as aforesaid M
building or buildings shall be erected on
said tract of land during the period OF five
years from said Feb. /, 1902 until after
the said New England Briduette Coal
company, its successors or assigns. shall
be given three months prior notice OF the
intention 10 build and the opportunity TO
purchase within said period OF thres
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 To
purchase a 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 how on said tract OF land
without such notice and opportunity TO
purchase. After the period of five years
from said Feb l. 1902. in case said Harris
Farm * Mine company, or its 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 IL 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, said
New England Briquette Coal company its
SUCCESSORS or assigns, shall first he given
the opportunity, for the period of three
months. to purchase such remaining title
and interest in said tract or any part or
parts thereof upon and according to the
sforegong terms and prices, but In case
Of purchasing less than the whole land
| included I'm said tract or I'm any part or
parts thereof owned by said Harris Farm
& Mine company. or it's successor or sue
cessors, the right to purchase under this
proviso shall be confined tn purchasing
In such 10-acre square or squares. Said
Harris Farm & Mine company. its sue
cesspr 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 10 said
New England Briquette Coal company.
Its 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,
It's successors and assigns. and which re-
main the property OF the said Harris
Farm & 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 TO said New Eng
land Briquette Coal ompany, its 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 trav-
el on foot and with vehicles or otherwise
10 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 (6o) feet which was
conveyed 10 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 46l.
And also excepting therefrom that lot
OF land comprising seven and 212-1000
7.212) acres conveyed by said Harris
Farm and Mine eeHPaByte said New
England Briquette Coal Company by deed
dated February !, 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 o.
land. included in the aioredescribed 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 sub
ject to all rights OF the lessee thereunder,
including provisions az 20 rights OF way.
but with the right in said New England
Briquette Coal Company, Its successors
and assigns, 20 collect and receive TO it's
and their own use all rents and royalties
reserved and accruing under said lease.
or any renewal thereof in accordance with
ft- a., ~ na