Transcribe
Translate
Correspondence on Lemmond Mine, Union County, North Carolina, part 2, 1854-1894
leo00084-31page1
More information
digital collection
archival collection guide
transcription tips
R.E. Cochrane Chas.R. Jones Office of Charlotte Real Estate Agency R.E. Cochrane. Manager Charlotte, N.C., July 2 1885 Thomas C. Durant Esq New Yorke Dear Sir: Your favor 25th has been received and noted, and in reply would say that we appreciate your position, and at the same time would urge the propriety of getting everything in shape as soon as possible. The first step in the proceeding, naturally will be to foreclose the mortgage, and to do this it will be necessary to give thirty days notice, and then we will be required to give the parties now in possession 10 days notice of the bringing of the suit in order to get it on the appearance docket of the Court. Our fall term of Court will soon begin, so that you will at once see the importance of getting everything ready as soon as possible. In case of the death of any of the parties to our contract, a mere power of attorney, under our law, would we think be inoperative, so that the power to foreclose the mortgage and institute legal proceedings which may last for years, ought to be the terms of the contract as well, so as to make us interested parties in fact, as well as in law, as per your original proposition with our Mr. Cochrane. We trust you will be able to send us necessary papers at an early date. Would suggest that you might send us power of attorney covering your interests outide of the mortgage. Yours Very Truly R.E. Cochrane Manager
Saving...
prev
next
R.E. Cochrane Chas.R. Jones Office of Charlotte Real Estate Agency R.E. Cochrane. Manager Charlotte, N.C., July 2 1885 Thomas C. Durant Esq New Yorke Dear Sir: Your favor 25th has been received and noted, and in reply would say that we appreciate your position, and at the same time would urge the propriety of getting everything in shape as soon as possible. The first step in the proceeding, naturally will be to foreclose the mortgage, and to do this it will be necessary to give thirty days notice, and then we will be required to give the parties now in possession 10 days notice of the bringing of the suit in order to get it on the appearance docket of the Court. Our fall term of Court will soon begin, so that you will at once see the importance of getting everything ready as soon as possible. In case of the death of any of the parties to our contract, a mere power of attorney, under our law, would we think be inoperative, so that the power to foreclose the mortgage and institute legal proceedings which may last for years, ought to be the terms of the contract as well, so as to make us interested parties in fact, as well as in law, as per your original proposition with our Mr. Cochrane. We trust you will be able to send us necessary papers at an early date. Would suggest that you might send us power of attorney covering your interests outide of the mortgage. Yours Very Truly R.E. Cochrane Manager
Building the Transcontinental Railroad
sidebar
