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Special Meeting
December 16, 1957

From Mr. Leo Peden comes an offer to purchase the East Half of the Southeast Quarter (E1/2SE1/4) of Section Thirteen (13) in Township Ten (10) North, Range Twenty-Five (25) West of the 6th P.M. in Dawson County, Nebraska; subject to any existing easement for irrigation lateral, and to established public roads, for the purchase price of $40,000.00. The appraisals made on this farm are as follows:
First Trust Company, No. 1
Basic - $29,560.00
Market - $32,000.00

Johannesen Agency, No. 2
Basic - $31,000.00
Market - $32,000.00

Approve sale of farm to Mr. Leo Peden

It was moved by Regent Foote, seconded by Regent Welsh, motion put to vote and carried, directing the president and corporation secretary be authorized and directed in behalf of the Board of Regents to execute an Agreement to sell the following property in the Frances Sheldon estate to Mr. Leo Peden for the sum of $40,000.00:

East Half of the Southeast Quarter (E1/2SE1/4) of Section Thirteen (13) in Township Ten (10) North, Range Twenty-Five (25) West of the 6th P.M. in Dawson County, Nebraska,
Subject to any existing easement for irrigation lateral, and to established public roads.

From Mr. Lloyd A. Bacon comes an offer to purchase the Northeast Quarter (NE1/4) of Section Seventeen (17) in Township Ten (10) North, Range Twenty-four (24) west of the 6th P.M. in Dawson County, Nebraska; subject to right-of-way conveyed to The Thirty Mile Canal Company for irrigation lateral and any existing easement not of record, for the purchase price of $78,000.00. Mr Donaldson reports two independent appraisals made on this farm as follows:
First Trust Company, No.1
Basic - $61,320.00
Market - $60,000.00

Johannesen Agency, No. 2
Basic - $51,000.00
Market - $56,000.00

Approve sale of farm to Mr. Lloyd A. Bacon

It was moved by Regent Elliott, seconded by Regent Foote, motion put to vote and carried, directing the president and corporation secretary be authoritized and directed in behalf of the Board of Regents to execute an agreement to sell the following property in the Frances Sheldon estate to Mr. Lloyd A. Bacon for the sum of $78,000.00:

Northeast Quarter (NE1/4) of Section Seventeen (17) in Township Ten (10) North, Range Twentyfour (24) West of the 6th P.M. in Dawson County, Nebraska, subject to right-of-way conveyed to The Thirty Mile Canal Company for irrigation lateral; and any existing easement not of record.

From Mr. Phillip Cler comes an offer to purchase the Northeast Quarter (NE1/4) of Section Thirty-one (31) in Township Eleven (11) North, Range Twenty-five (25) West of the 6th P. M. in Dawson County, Nebraska, subject to right-of-way conveyed to by deeds recorded in Book 75, Pages 54 and 55, and in Book 90, subject to any existing easements and to established public roads, for the purchase price of $64,000.00 Mr. Donaldson reports two independent appraisals made on this farm as follows:

First Trust Company, No. 1
Basic - $56,280.00
Market- $64,000.00

Johannesen Agency, No. 2
Basic - $47,200.00
Market - $60,000.00

It was moved by Regent Thompson, seconded by Regent Elliott, motion put to vote and carried, directing the president and corporation secretary be authorized and directed in behalf of the Board of Regents to execute an agreement to sell

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