upr000317 56

> * If' 4> 1/ 4 1 The contract provides that if the title is not approved by you)anq. rue first paroy (Mrs. gtowartj is unuole co perfect the seme within a reasonable tine, then the payment of five thousand dollars led, While the defects and irregularities stated not vital, and do not seriously affect the title to the re t they can also be made an additional basis for disaffirming contract by your declining to accept the title. The ownership of this land and particularly the water, is the railroad, and while by rescinding the present contract we reduction in the purchase price, we will run the risk other parties make the purchase. Even though there nay not quantity of cultivated land and the flow of water is loss than •epreaented by Mrs. Stewart, I still believe the property is worth you have contracted to pay for it, if its importance to the railroad is considered, A disaffirmance of the contract will probably mean litigation, because Mrs. Stewart claims to have boon put to couoi u«*r an ct has already use a moot of the: first payment. The only property now reserved is the grave-yard with four inches of water, and six saddle horses. Mrs, Stewart is here ready to close the deal and has deposited with MeCorniek & Co. a deed to the property in you. by herself and by William J, Stewart, Hiram f and Bvaline Stewart Coffey, her sons and daughters. The property as stated above, is free and clear of encum­brances and all taxes for the current year have been paid. IS 0 0 u j w ref above are no1 property, ye the contr act rXf .{A. ' important to w e m y get a of having ou be the uuant­represent ed 1 more than yo’ , our fa? v o r , duly <3xecut 8(1 O0*hf*W yrSwlrgmf tnM, y* *ifi' , Elisa J . St swart am sending a copy of this report to Mr. nous Clara ana will await further advic'd© from him or from yourself. I suggest that I be advised by wire as to the further action you desire to have taken. Yours very respectfully,