DIY History | Transcribe | Building the Transcontinental Railroad | Correspondence regarding the Lindsay Mine in North Carolina, 1855-1868

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Correspondence regarding the Lindsay Mine in North Carolina, 1855-1868

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Capital, in equal proportion to their relative amount of stock. The said party of the first part hereby agrees to give the party of the second part a quiet claim to the said property with a Covenant against his own acts, on or before the 31st day of December 1857 and the party of the second part also agrees to convey the said property to the said Company to be formed thereon, in trust for the sale use and benefit of said Company upon the formation of the same.
The Party of the second part hereby agrees to pay the party of the first part the sum of Two hundred dollars upon taking possession of said property provided there are four mules upon the same, which payment shall be applied upon the 1st mortgage.
The party of the second part is to pay all expenses of working the mine from January 1st 1858, and to have possession within one week from the first day of January 1858, The work at the mine to be continued after the first day of January 1858 as usual and the party of the second part to pay all the expenses from the first day of January 1858, to the time he takes possession of the property and to have the products from that time- products previous to that term belong to said J G Durant
It is agreed that the purchaser shall keep the building & machinery insured at their value and a??? the  policy to the said
J G Durant         David P. Wharton

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Capital, in equal proportion to their relative amount of stock. The said party of the first part hereby agrees to give the party of the second part a quiet claim to the said property with a Covenant against his own acts, on or before the 31st day of December 1857 and the party of the second part also agrees to convey the said property to the said Company to be formed thereon, in trust for the sale use and benefit of said Company upon the formation of the same. The Party of the second part hereby agrees to pay the party of the first part the sum of Two hundred dollars upon taking possession of said property provided there are four mules upon the same, which payment shall be applied upon the 1st mortgage. The party of the second part is to pay all expenses of working the mine from January 1st 1858, and to have possession within one week from the first day of January 1858, The work at the mine to be continued after the first day of January 1858 as usual and the party of the second part to pay all the expenses from the first day of January 1858, to the time he takes possession of the property and to have the products from that time- products previous to that term belong to said J G Durant It is agreed that the purchaser shall keep the building & machinery insured at their value and a??? the policy to the said J G Durant David P. Wharton