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Special Meeting
February 18, 1959

agreement as they relate to the University of Nebraska.

Resolution for sale of farm to Edward G. Schledewitz (Sheldon estate)

RESOLUTION

WHEREAS, an Agreement For Warranty Deed was entered into on January 3, 1958, between THE BOARD OF REGENTS OF THE UNIVERSITY OF NEBRASKA, a corporation, as Party of the First Part, and EDWARD G. SCHLEDEWITZ, of Gothenburg, Nebraska, Party of the Second Part, by the terms of which First Party agreed to sell and Second Party agreed to buy the Southeast Quarter (SE1/4) of Section Twenty-Six (26), Township Nine (9) North, Range Eighteen (18), West of the 6th P.M., in Buffalo County, Nebraska, with appurtenances thereunto belonging, subject to easement to Kansas Pipe Line and Gas Company for pipeline, and to Oil Lease to Ohio Oil Company, recorded in Book Y, Page 409 of Miscellaneous Records of said county. If said lease is still in effect at time of delivery of deed, all interest of First Party in said lease shall be conveyed or assigned to Second Party, and subject to established public roads and to any unrecorded easements, or any easements of record, for a total consideration of Sixty-Nine Thousand Dollars ($69,000), and

WHEREAS, said agreement provided that upon payment of the balance of said purchase price, in the sum of Fifty-One Thousand Seven Hundred Fifty Dollars ($51,750.00), First Party should convey to Edward G. Schledewitz and Leota N. Schledewitz, husband and wife, as joint tenants with right of survivorship and not as tenants in common, the above described real estate;

NOW, THEREFORE, BE IT RESOLVED, that upon payment by Edward G. Schledewitz to The Board of Regents of the University of Nebraska, the balance of said purchase price, in the sum of Fifty-One Thousand Seven Hundred Fifty Dollars ($51,750.00), C. E. Swanson, President of The Board of Regents of the University of Nebraska, a corporation, or J. G. Elliott, Vice President of said Board, be authorized and directed to execute and deliver to Edward G. Schledewitz and Leota N. Schledewitz, husband and wife, as joint tenants with right of survivorship and not as tenants in common, a Warranty Deed of The Board of Regents of the University of Nebraska, a corporation, conveying the above described real estate to said Edward G. Schledewitz and Leota N. Schledewitz, husband and wife, as joint tenants with right of survivorship and not as tenants in common. Said Warranty Deed shall also provide that the Oil Lease to the Ohio Oil Company, recorded in Book Y, Page 409 of Miscellaneous Records of Buffalo County, Nebraska, shall be assigned and conveyed to the grantees.

BE IT FURTHER RESOLVED that John K. Selleck, Corporation Secretary of the Board of Regents of the University of Nebrska, or Joseph Soshnik, Assistant Corporation Secretary of said Board, be authorized and directed to attest to the execution of said deed, and to attach thereto the corporate seal of 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.

Resolution for sale of farm to Carl E. Faught (Sheldon Estate)

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

RESOLUTION

WHEREAS, an Agreement For Warranty Deed was entered into on September 25, 1958, between THE BOARD OF REGENTS OF THE UNIVERSITY OF NEBRASKA, a corporation, as Party of the First Part, and CARL E. FAUGHT and ELSIE E. FAUGHT, husband and wife, 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 undivided sixty per cent (60%) interest in the Northwest Quarter (NW1/4) of Section Twenty-Two (22), Township Eleven (11) North, Range Twenty-Four (24), West of the 6th P.M, in Dawson County, Nebraska, with appurtenances thereunto belonging, subject to right-of-way of Cozad Ditch Company for irrigation canal, for a total consideration of Thirty-Nine Thousand Six hundred Dollars ($39,600.00), and

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