MRS CORDELIA ELDRIDGE
.
by an~ between Mrs. Cordelia Eldridge of the first part and the Town of
..
Clearwater of the second part,
Witnesseth:-
That the said party of the first part has this day sold to
the said party of the second part for park and other city purposes, her
tract of land having about 150 feet frontage on Clearwater Bay and
extending back to Osceola street {said tract 1fing immediately north of
t.he property of W. M.l!orrie l-and that tract iIIll.:J.cdia telynortl! c,f :r. p.
Little, and fronting about _160:feet on Fort Harrison Avenue and
extending from Fort Harrison Avenue to Osceola street, together with
that portion of OsceOla Street UYing between the two above described
tracts.
The consideration for the lands as above described to be
Twenty-five Hundred Dollars ($2500.o0) to be paid in the manner folLowing:
one thousand dollars cash upon execution of good and. sufficient:Wal'l'anty
Deed, and the remaining fifteen hundred dollars to be paid'itne>ljyear
thereafter. The deferred payment to be represented by properly and
,_+.~g~lly executed note secured. by mortgage, and to bear interest from its
date at rate of eight percent per annum.
The 'said party of the first part for a period of .ix;y days
hereby further grants the said party of the second part the previlege of
boring a test well on said property and ascertaining the quality of water
to be found thereon; and if upon expert analysis the said water should be
found to be unfit for city use,this agreement may be annulled by written
notice, wi thin the period.; named, by said party of second part; 0 therwise
this agreement to be and remain binding and in full force, and the
transfer to be completed and settlement promptly made upon expiration
of said time lin1i t; and if water test, should,!J,e ~<?J!!J2_l"et_~.~,_ClT.1d. analysis
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fOund to be favorable in less time than above ~lowed, the transfer and
settlement to be promptly completed upon such ascertainment.
All expenses of every character connected with the test well,
anal~sis etc. to be paid by said party of second part, and the party of
first part not to .be liable in any way for any :part of SUC!! expense,
either in case of final acceptance or rejection by the said party of the
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o. i. 5632 PACE 421
second part; and in case of abandonment by the said party of the second
part, the property to be left in as good shape as it now is, and free
from dirt and litter of any kind; and the well to be left in good shape
and available for use if desired, and the casing shall not be removed
from same.
The par~ of the second part hereby agrees to and accepts the
conditions as setf'orthc above.'
The party of first part hereby acknowledges receipt of Fifty
Dollars ($50.00) from said party of the second part, advanced as part
payment of the cash payment above provided for. In case analysis should
necessitate abandonment of the property and this contract, the said
fifty dollars to be returned to the said party of the second part by the
said party of the first part.
Witness our hands and
seals this 8th day of July, 1910.
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