57

Special Meeting February 1, 1958

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 a total consideration of
Seventy-Eight Thousand Dollars ($78,000.00), and

WHEREAS, Second Party now has paid upon said total
purchase the sum of Nineteen Thousand Five Hundred
Dollars ($19,500.00), and,

WHEREAS, said Agreement provided that upon payment of
the balance of said total purchase price in the sum of Fifty-
Eight Thousand Five Hundred Dollars ($58,500.00), C. Y.
Thompson, President of The Board of Regents of the University
of Nebraska, a corporation, or J. LeRoy Welsh, Vice President
deliver to Lloyd A. Bacon a Warranty Deed of The Board of
Regents of the University of Nebraska, a corporation, con-
veying said real estate to Lloyd A. Bacon.

BE IT FURTHER RESOLVED, that John K. Selleck. Corpor-
ation Secretary of The Board of Regents of the University of
Nebraska, or Joseph Soshnik, Assistant Secretary of said
Board, be authorized and directed to attest the execution of
said Deed, and to attach thereto the corporate seak if The
Board of Regents of the University of Nebraska; and be
further authorized and directed to purchase and attach thereto
necessary revenue stamps, as required by law.

It was moved by Regent Swanson, seconded by Regent
Foote, that the following resolution be adopted, and the
adoption of said resolution was unanimously carried.

RESOLUTION

WHEREAS, an Agreement For Warranty Deed was entered
into on December 4, 1957, between THE BOARD OF REGENTS OF THE
UNIVERSITY OF NEBRASKA, a corporation, as Party of the First
Part, and LEO M. PEDEN AND LEILA M. PEDEN, of Cozad, Nebraska,
as Parties of the Second Part, by the terms of which First
Party agreed to sell, and Second Parties agreed to buy the
East Half (E 1/2) of the Southeast Quarter (SE 1/4) of Section
Thirteen (13), 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 estab-
lished public roads, for a total consideration of Forty
Thousand Dollars ($40,000.00), and

WHEREAS, Second Parties have now paid upon said total
purchase price the sum of Ten Thousand Dollars ($10,000.00),
and

WHEREAS, said Agreement provided that upon payment of
the balance of said total purchase price in the sum of Thirty
Thousand Dollars ($30,000.00), First Party should convey to
Leo M. Peden and Leila M. Peden, husband and wife, as joint tenants with right of survivorship, the above described real estate;

NOW, THEREFORE, BE IT RESOLVED, that upon payment by Leo M. Peden and Leila M. Peden