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Digital Provenance
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Publisher
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Transcription
La* Yogas, December 21, 1950 Hr. fte. Reinhardt? 1 attach letter froia the Board of S&ueatlon, which Is self explanatory. At the tine Blocks 37 and 38, C.L.V.T., were donated by the Water Gom&ny for school purpose, a reversionary clause was included la the deed providing that in ease the land Is used for other than Public Sohool purposes, title would revert to the Water Cocapny. At the present tins there is considerable traffic m 5th Street which the Sohool Board feds Is- hazardous to the children and they are considering the possibility of exchanging this site for one in a acre suitable location* There are two things to he considered in their request for renewal of this reversionary clauses The land has become very valuable in the paet k to 5 years and 1 do not tael that we should relinquish what title we hare without sons consideration; also, if these school buildings were removed, it wot&d he very expensive and the Railroad Company would pay a considerable portion of the cost through taxes. Would appreciate your advice. A. X. Folger
