1927-01-31-STM-MIN - Laserfiche WebLink

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109 SPECIAL • T O "► N MEETING • JANUi'LRY 31 , 1927 . • The meeting was called to order by Moderator Robert H . Holt 111 at 8 P . M . The Town Clerk proceeded to read the Warrant , but upon motion of Mr . Theodore A . Custance the further reading was disposed of . The Constables return was then read by the Town Clerk . ;according to the tally of the checkers at the door , 609 voters were present . Article 1 . On motion of Mr . Theodore Custance the following vote was passed ' under this article : Voted : That the communication addressed to the Selectmen under date of January , 1927 , by the Isaac Harris Cary Educational Fund , be received and accepted by the Town . Articles 2 and 3 . On motion of Mr . Theodore A . Custance articles 2 and 3 were taken up together . Under these articles Mr . Theodore A . Custance offered the follow- ing motion : Voted by the Inhabitants of the Town of Lexington in Town Meeting assembled ( 1 ) That , subject to the provisions contained in paragraph ( 2 ) of this vote , they will accept a deed of the land and Memorial Building offered to the Town in the communication addressed to the Selectmen under date. of January , 1927 , by the Isaac Harris Cary Erlucational Fund , which has been submitted to and considered at this meeting , the deed of gift to be in substantial conformity with the draft hereto annexed ; and ( 2 ) That the Selectmen are hereby authorized and directed in the name and on behalf of the Town presently to execute and deliver to Isaac Harris Cary Educational Fund an agreement binding the Town and its successors to care for , maintain and repair such Memorial Building as contemplated in the wills of Eliza Cary Farnham and Susanna E . Cary , and use the same in the manner and for the purposes therein expressed ; pro- vided , ho' vever , that the Isaac Harris Cary Educational Fund shall si - multanenutly deliver to the Selectmen for the Town an agreement whereby in case the Town shall fail to carry out its said agreement and the Fund shall in consequence take back the property , and there shall then be upon Lot W or Lot Y in the draft deed referred to a building or buildings erected by the Town , the Fund will sell the lot or lots on which any such buildings stand to the Town for what is then a fair price for the land , which in case the parties cannot agree upon the price shall be fixed by a majority of three arbitrators , one to be chosen by the Fund , one by the Town and the third by the two so chosen ; and on the completion of the purchase and the conveyance of the lot or lots by the said Fund to the Town , it shall release to the Town all interest . in the said buildings . Mr . Robert P . Clapp stated that the draft form of deed should be attached and made a part of the motion . Mr . Theodore A . Custance agreed to the inclusion . • 1