The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1912-06-04
Infamous Capitol Contract;
Which is Now Null and Void

| Win kHe center VI Mthly 7StSpAN
street extending east from the
right OF way Of the Atchlson To
peka K Santa Fe railway
said Capitol site to consist OF fiji
teen acres surrounding said point
IN square form as nearly as
possible.
The Executive Mansion shall
be located in the vicinity OF SAID
Capitol grounds on a site consist
ing OF one-half block as the sur
rounding lands are plated sub
ject to the approval OF the Capitol
Commission, the same to be free
Of cost to the state.
The exact dimension or said
site for said Capitol building, and
the location of said site for the
| Executive Mansion TO be here
after agreed upon by the State Cap
ltol Commission, to- be hereafter
created. on the part of the state;
md by said corporation to be or
| 5anzed as herein provided. on be-
lall Of said persons and their as
socates, herein mentioned.
And We further agree to Sc
cure title to six hundred and fifty
(650) acres of land adjacent to or
IN the immediate vicinity OF said
proposed State Capitol site loca-
ton, the title to said six hundred
ma fifty acres Of land so secured
70 be free and clear of any and ali
ncumbrances of whatever nat
ire, and said six hundred and
fifty acres. hereinbefore mention.
ID, less the site for the State Cap-
tol building and the site for the
Executive Mansion. which SAID
sites to be conveyed to the said
State Of oklahoma. are TO be Sc
,ured and conveyed to the satd
Srate Capitol Building Company
sanized, ate.u=be by said company
held. managed, and sold, as pro
yided herein. in trust for the said
persons herenbefOre mentioned,
ana their associates, understood
o be donors, and the proceeds from
he sale OF sal Glands are to to be
held in trust for said state on
oklahoma, herein mentioned. as
the donee under the terms of this
proposal and the bond referred to
lereintofore herein
The legal title to All property
which may be acquired hv said
corporation by donation for the
Napitol Fund. shall. at all times
remain in the corporation, but the
proceeds from the sale of said
lands, after paying the expenses
herein provided for, shall be
trust fund in the hands o. the state
or the purpose herein named
lntil said company shall have
paid, as provided in its proposal
70 the State of Oklahoma. the
'aid sum of one million dollara
l$l 900, ,00000l
We propose and agree 10
cause and to have said company.
70 be organized, plat sald lands.
50 secured as hereinbefore pro
{ided into lots, blocks. streets
1lIeys' DouleVards and parks. as
the SAID corporation, trustee safore-
SAID, may determine, sell. and
cause. to be sold said lands. or a
'uHlcleht portion thereof. after
paylng all expenses incident to the
plating grading and selling of
said lots and blocks to make the
sum of $l,00600O.00, which said
sum of $1,000 10000 shall be, by
said company paid to the said
state OF Oklahoma as hereinafter
provided, and as follows. to-wit:
"A sufficient sum only shall be.
Nv said company paid 10 said
state to meet the expenses and
bills incurred in the erection of
said Capitol building as Said
building progresses; but in no
event faster than hereinafter pro-
Yided. to-wit, The sum of $4,000
shall be paid on the lst dav of
July 1911; and on the 1st day of
each and every month thereafter.
the sum of $25,00@0O; and that
any sum remaining of the $1,000
10000 on the 1st day of July.
~ shall be paid on said date.
out It is understood that said
trustee shall not be required to
pay 60 said' State Of Oklahoma
moneys faster than the same is
used in the iconsTuction of said
state Capitol Building. il being |
further understood that ali
moneys furnished said state of
oklahoma, as herein provided.
shall be used in the erection of |
said state capitol building. and |
no part of said moneys shah be |
used for any other purpose what
ever, "a
Provided, further, that in the
event the erection of said Capitol
should be enioned or |
become involved in ltigauon as
10 The lepaltN of the slfn or 40 ~ |