DIY History | Transcribe | Building the Transcontinental Railroad | Correspondence on Lemmond Mine, Union County, North Carolina, part 2, 1854-1894

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Correspondence on Lemmond Mine, Union County, North Carolina, part 2, 1854-1894

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generally they shall have all powers which the constituents
might have and exercise if personally present acting in the
premises.
The  powers herein conferred  and  granted are so given and
granted upon  the   express  understanding and condition, that
the said  constituents  are  in no way and in no  event to be
liable for any  costs or expenses paid or incurred in executing the powers hereby granted, but the same are to  be
borne by the said Attorneys Cochrane & Jones,  with  this  further understanding and agreement that the  said Cochrane & Jones may retain all  costs  and  expenses   incurred by them and
all  disbursements  made  out   of  the  proceeds of the  sale   of
the  said   lands  or mineral interests  or any part   thereof,   the
balance  of  the said proceeds after paying costs  and expenses
and disbursements  to  be equally divided between the said constituents who together shall have  one  half  thereof and the
said Cochrane & Jones  shall   have   the   other half thereof and
any costs  and  expenses   incurred or  disbursements made  by
the  said Cochrane & Jones in executing the  said powers,   shall
be  a  lien upon the  said  lands  & interests until the   same
are  paid  or satisfied,   but   in no  case  shall  the  constituents
or  any   of  them be  personally responsible   therefor,  nor  shall
the  said  costs,  expenses  or disbursements in  any   event   exceed Five Hundred Dollars.
IN  WITNESS of all Which  the   said Mrs.  Heloise  H. Durant  widow  of  Thomas  C.  Durant   and Heloise  H.  Durant  his
daughter   and  William  W. Durant, the last two his heirs, and 
the  said R.  E. Cochrane & Charles R. Jones Attorneys aforesaid have here unto
set their names and seals,   this  the 18th day of August 1887.
In presence of [us to?] Mrs. Heloise H. Durant
Margaret Molineux
Heloise H. Durant (seal)
William W. Durant seal

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generally they shall have all powers which the constituents might have and exercise if personally present acting in the premises. The powers herein conferred and granted are so given and granted upon the express understanding and condition, that the said constituents are in no way and in no event to be liable for any costs or expenses paid or incurred in executing the powers hereby granted, but the same are to be borne by the said Attorneys Cochrane & Jones, with this further understanding and agreement that the said Cochrane & Jones may retain all costs and expenses incurred by them and all disbursements made out of the proceeds of the sale of the said lands or mineral interests or any part thereof, the balance of the said proceeds after paying costs and expenses and disbursements to be equally divided between the said constituents who together shall have one half thereof and the said Cochrane & Jones shall have the other half thereof and any costs and expenses incurred or disbursements made by the said Cochrane & Jones in executing the said powers, shall be a lien upon the said lands & interests until the same are paid or satisfied, but in no case shall the constituents or any of them be personally responsible therefor, nor shall the said costs, expenses or disbursements in any event exceed Five Hundred Dollars. IN WITNESS of all Which the said Mrs. Heloise H. Durant widow of Thomas C. Durant and Heloise H. Durant his daughter and William W. Durant, the last two his heirs, and the said R. E. Cochrane & Charles R. Jones Attorneys aforesaid have here unto set their names and seals, this the 18th day of August 1887. In presence of [us to?] Mrs. Heloise H. Durant Margaret Molineux Heloise H. Durant (seal) William W. Durant seal