Repository: UIHistories Project: Board of Trustees Minutes - 1912 [PAGE 560]

EXTRACTED TEXT FROM PAGE:

516

UNTVEBSITY OF ILLINOIS.

[Oct. 31

tion, in lieu of a specified sum for rent, whatever balance may be remaining in the Medical College fund after the expenses of the academic year shall have been paid. Action was taken by the committee in conformity with the above, and the Officers of the board were authorized to sign a lease so modified on behalf of the Board of Trustees of the University of Illinois. Meeting adjourned. Respectfully submitted,

FRED L. HATCH, A. P. GROUT, W. L. ABBOTT,

Executive

Committee.

L E A S E W I T H T H E COLLEGE OP P H Y S I C I A N ' S AND SURGEONS.

I n connection with the foregoing report of the Executive Committee, the new lease between the University and the College of Physicians and Surgeons was read in full and thoroughly discussed. I t was ordered t h a t the lease be printed in the m i n u t e s : ' THIS INDENTURE, Made this first day of September, A. D. 1911, between the College of Physicians and Surgeons of Chicago, a corporation organized and operating under the laws of the State of Illinois, party of the first part, and the Board of Trustees of the University of Illinois, a corporation organized and operating under the laws of the State of Illinois, party of the second part, witnesseth: 1. That the party of the first part, for and in consideration of the covenants and agreements hereinafter mentioned to be kept and performed by the party of the second part, has demised and leased to the party of the second part all those premises lying and being in the city of Chicago, in the county of Cook, and State of Illinois, known and described as- follows, to-wit: Lots fifteen (15), sixteen (16), seventeen (17), and eighteen (18) in Balestier's subdivision of block twenty-three (23) in Ashland Second addition to Chicago, according to the plat entitled "Balestier's subdivision of blocks eleven (11), part of fourteen (14), eighteen (18), east half of nineteen (19) and twenty-two (22), and all of twenty-three (23) in Ashland's Second addition to Chicago," recorded in the recorder's office of Cook county, in the State of Illinois, in book 166 of maps, pages 70 and 71, and re-recorded in the same office in book 14 of plats, page 85. Also lots one (1) to seven (7) inclusive, in block twenty-three (23); also sub-lots one (1) to seven (7) inclusive of lots nineteen (19) to twentyfive (25) inclusive, .in block twenty-three (23), and the vacated alley running north and south through said block twenty-three (23) in the Ashland Second addition to Chicago, in the west half of the northeast quarter of section eighteen (18), township thirty-nine (39) north, range fourteen (14) east of the third principal meridian, including the buildings thereon, together with the furniture, fixtures and apparatus therein, and all the right of way over any alleys adjacent to said buildings now held by the party of the first part. . To have and to hold the above described premises, with the appurtenances thereunto belonging, together with the property described in the schedule hereto attached, marked Schedule "A" (which bears the signature of D. A. K. Steele, president of the College of Physicians and Surgeons, and S. W. Shattuck, comptroller of the University of Illinois, for the purpose of identification), unto the said party of the second part from the first day of September, in the year of Our Lord one thousand nine hundred and eleven, until and including the thirtieth day of June in the year of Our Lord one thousand nine hundred and twelve. 2. And the said party of the second part, In consideration of the leasing of the premises aforesaid covenants and agrees to pay to the said party of