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Transcription
Page 2* "before the same is recorded, the parties selling, of course, "being financially responsible, so that the parties "buying know that their titles will ultimately "be perfected, as would "be the case should the railroad company adopt the course above suggested* I submit this to the committee with the idea that should it be decided to take action as suggested the lots can be put on sale within a very short time, as I informed that the platting and surveying has practically been completed. I am quite sure also that any intending purchaser of the lots would be perfectly willing to accept the sort of agreement above suggested from the railroad company* X do not believe, however, that it would be best for our people to have the plat of the townsite filed and to undertake to handle the lots for the reason that each lot would have to be released separately from the lien of the mortgage, and it would result not only in a very considerable amount of trouble, but also multiply the cost very largely, inasmuch as it would cost as much to secure the release of a twenty-five foot lot as it would to secure the release of several hundred acres in a body. Very sinee*’*1,Br
