The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1936-07-09
Adopted June 9, 1886.

By Commissioner Murray:
Whereas, The County of st. Louis
on March 4. 1885, obtained a judg-
ment against Alice Magic in the
amount of $6,1S8.25, and against
Frank L.. Magic in the amount, of
upon Lot 5, Block 1, Highland Park
Division of Duluth. and Lot 5. Block
IS. Endion, according to the reSpec-
tive recorded plats thereof; and
Whereas. said Alice Magic and
said above described land and have
an opportunity to sell the same and
have made application to this Board
for partial release of said Judgment
| liens upon such conditions as this
Board shall deem just and proper;
| and
Whereas, after due consideration of
| the matter. this Board is of the
| opinion that it will be reasonable and
| proper to execute and deliver a par
| tial release of the above described
land from said judgment liens, on con-
| dition that the proceeds of said sale
| of said parcels of land shall be de-
posted in escrow with the City Ma
| tional Bank of Duluth to be held I'M
| pending in the Supreme Court of
| Minnesota in which said Alice Magic
and Frank l.. Magic are appellants and
| the County of st. Louis is respondent,
| involving the validity of said judg-
Now, Therefore, Be It Resolved,
That the Chairman of this Board and
| the County Auditor are hereby au-
thoriZed and requested to execute a.
partial release of said real estate de-
scribed as Lot 5, Block 1, Highland
Park Division of Duluth, and Lot 5.
Block IS. Endion, according to the
recorded plats thereof, from the lien
of the above described judgments, on
the express condition, however, that
said Alice Magic and Frank L. Magic,
her husband. shall enter into an
/ escrow agreement with the County of
st. Louis and the City National Bank
| of Duluth, assigning to said City Ma
tional Bank of Duluth, as escrow
agent, the first payment to be made
on said above described sale of said
lands, less any reasonable sale ex-
| penses connected Herewith, and shall
assign to said City National Bank
of Duluth, as agent aforesaid. all
monthly payments to be made on the
the purchaser thereof, and deposit
with said City National Bank. as
| agent aforesaid, the Vendors dupli-
cate original contract for the sale of
said lands, duly assigned to said City
| National Bank of Duluth, said funds
agreement and assignment Of contract
/ for a deed to be held by said City
National Bank of Duluth. as agent
aforesaid, until the decision of the
Supreme Court of Minnesota on the
| appeal now pending in said Court
That on the determination of said
appeal in favor of the respondent,
County of st. Louis, said funds SC
deposited with said City National
4 Bank. as agent aforesaid, and all
future payments to be made under
!. said contract for a deed, shall be paid
by said City National Bank of Duluth
to the County of st. Louis to be
applied toward the payment of said
judgment against said Alice Magic
That if the decision of said Supreme
Court shall finally result in favor OF
said Alice Magic and said Frank l.
Magic. then, after final judgment
shall be entered thereon in the Dis
trict Court of st. Louis County al
Duluth. and on the filing of a certified
copy thereof with said City Nationa
Bank of Duluth, said City Nationa
: Bank of Duluth shall have authorit,
to pay to said Alice Magic all O,