Caption: Board of Trustees Minutes - 1920
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
214 BOARD OF TRUSTEES W O M E N ' S LAND ARMY SCHOOL [January 8, (13) A request from Mrs. Margaret Day Blake for permission to present the matter of extension service in agriculture and home economics known as the Women's Land Army. Mrs. Blake presented this matter in detail. COLLEGE OF EDUCATION (14) A request from Dean W. W. Charters for permission to present a statement of the needs of the College of Education. Dean Charters presented this matter in detail. SUIT TO QUIET TITLE TO SMITH FARMS LEASE AND SALE O F ST. J O S E P H FARM Two letters from the Comptroller in regard to the Smith farms. January 7, 1919 President Edmund J. James, University Club, Chicago, Illinois M Y DEAR PRESIDENT JAMES: (15) Referring to the proposed sale of the Smith farm near St. Joseph to Mr. Elmer Ehler, as per my communication of December 3rd. I beg to advise that attorneys for the purchaser have examined the abstract to this land and have pointed out that a suit to quiet title will be necessary before the title will be in a form acceptable to the purchaser and to the parties making the loan to him to cover the purchase. The contract calls for possession of the premises by March 1, 1919, and for a merchantable title by March 15th. Court proceedings can not be had before April, although they can probably be instituted before March 1st. The purchaser has proposed that an allowance of $5.00 per acre, or $1,200, be made on the purchase price, in consideration of which he will accept the title as it now stands and relieve the Board of Trustees of further obligation in this respect. I do not consider that the expense of perfecting the title will at all approach this amount, in fact, it should not exceed $250. On the other hand, both the purchaser and the parties financing him will doubtless ask for some guarantee from the Board of Trustees that the title will be perfected. I recommend that the Legal Counsel of the University be directed to proceed at once to quiet this title to the satisfaction of the purchaser at the earliest possible date, and that in order to complete the transaction of March 1st and secure payment of the purchase price to the University, I be authorized to make such arrangements as may be necessary to satisfy the purchaser by allowing him to with-hold a certain amount of the purchase price until the title has been perfected, at which time of course he will pay over the full balance of the price due as per the contract. Cordially yours, LLOYD MOREY January 7, 1919 President Edmund J. James, University Club, Chicago, Illinois M Y DEAR PRESIDENT JAMES: In the matter of the proposed sale of the farm at St. Joseph, I beg to call your attention to the status of the lease on that place. This farm was leased for the year
| 
