|
At a special meeting of the Oity Oouncil Ju_ue Ist there were present:
<br />
<br />~esers~
<br />
<br />Vernon Brooks, Eo W.~Maupmn,. $~., J.
<br />J. 0. Smith, R. E. B. Stewart, 5-
<br />Also the 0ity M~n~ger.
<br />
<br />Alden Oast,
<br />
<br />The following directions were re~d for the meeting:,
<br />
<br />"Mr. L. C. Brinson,
<br />City Clerk & Auditor,
<br />Portsmouth, Va.
<br />
<br />"Portsmouth, Va.,
<br />
<br />N~y 27th, 1926.
<br />
<br />Sir:-- ·
<br />
<br />You will please call a special meeting of the City Council in the Oo~ucil Chamber
<br />
<br />Tuesday, June Ist, at 10 o~otook a. m., to consider =atease contract~ between the U.S. Govern-
<br />
<br />merit and the City of Portsmouth and 0ounty of Norfolk for the transfer of the ferry property.
<br />
<br />Very truly yours,
<br />
<br /> _The"call" haviD~ been read,
<br />motion was adopted.
<br />
<br /> L.. G. ,White, President."
<br />
<br />Brooks mo~e~ to take a recess for ha±f s~u hour° The
<br />
<br /> Upon reconvening, Oouncil took consideration of the following mutual general release
<br />contract:
<br />
<br /> MUTUAL~ENERALRELEASE
<br />
<br /> This Indenture made this first day of June, 1926, by and between the UNITED STATES
<br />A~iGA, ~ctLug by the United States Ho~g ~orpor~tmon, a corporation duly org~ized ~d
<br />e~isting ~_der ~d by vi~t~ of the l~ws of the State of New To~k, with its principal place
<br />of b~iness ~ the District of 0olumbi~, acting for ~d on behalf of the United States
<br />~erioa by desi~tion ortho President of th~ U~ited States, m~de pursuant to ~he provisions
<br />o~ the Act of Go,ross ~op~ed ~y 16, 1918, (~ U.S.~ St~t. 550), an~ other Acts mhd p~rts
<br />of Acts ~men~tory thereof, p~ty o~ the first Pa~t, ~d the~ITY OF PORTS~b~H, ~ ~icipm!
<br />co~oration within the State of Virginia, ~oting by ~ud thresh the Co,oil of the s~id 0ity
<br />of Po~ts~uth; ~nd the OOUNTY O~ NORFO~, ~ political ~u~division of s~id Stat~ of Virg~ia,
<br />acti~ by mnd through its Bomrd of Supervisors, p~ties of the second p~rt.
<br />
<br /> W~, the p~rty of the first o~t, pursuant to the provisions of ~ contract ~de the
<br />8tn day of Octooer, !918~ O~tween ~he part, es hereto, took over that certain ferry system k~
<br />~s the "Norfolk Oo~ty ~e~ries," the s~e oei~ joint ~d eq~ property of ~e p~rt~es of the
<br />second part, ~d operated the s~e for ~d on ~cco~t of the s~d p~rties of the second
<br />~der the ~ rms ~d conditions set forth in the ~feres~id contract of October 8th, 1918;
<br />
<br /> W~, the parties of the second p~t, purs~nt to the provisions o~ the seventh p~ra-
<br />graph of the ~fores~id contract oe October 8, l~lS, h~ve heretofore elected to retake ~ossession
<br />of samd ~e=r2 ~em ~u~ mts oper~tion~, ~d nave heretofore ~reed to p~y the p~ty of the fmrst
<br />D~t ~He ~l~ s~ of Two ~dred Eighty-two Thous~d, Th2ee H~dred ~o ~d 88/100 ~l~rs
<br />($2~,302.E8~, which ~m hms been found ~e znd p~yab~ to the pmrty o* the fi=st part by the
<br />p~rties of the second p~r~ on an mcco~t stated be~een s~id pa~ties;
<br />
<br /> ~P~$, the ~rties of the second p~rt h~ve this ~y p~id over ~o the p~ty of the~T~rst
<br />Dart the sum of Two H~udred Eighty-two Thous~d~ Three H~dred ~o ~nd 88/100 ~llars
<br />ES), the receipt ~ereof is hereby acknowle~ed, ~nd the said p~ty of the first p~rt
<br />livered up the smid ferry system ~d all of the property used in oo~ection therewith, ~nd~s
<br />t=~nsferred the operation thereof to the s~id p~ties of the second p~rt, who h~ve ~coepted the
<br />
<br /> WHEREAS, It has been heretofore mutu~l!y ~greed by and between the parties hereto that the
<br />payment of the aforesaid sum, the delivery of the said ferry system smd property, ~ud the trans-
<br />fer of the operation thereof would effect ~termination of all contractual obligations existing
<br />between the parties hereto under and by ~irtue of the terms and conditions set forth in the
<br />aforesaid contract of October 8, 1918, and that an appropriate legal document, constituting and
<br />e~idenci~g a relinquishment and release of auy claims or demands of either the parties hereto
<br />on the other, would be executed ~ud interchanged by and between the said parties.
<br />
<br /> NOW, THIS INDENTURE WITNESSETH: That in consideration of the foregoing each of the re-
<br />spective parties hereto, the said UNITED STATES OF AP~RIOA, the said O~TY OF PORTSMOUTH, and
<br />the said COUNTY OF NORFOLK, do, and each for itself, its leg~l represe~tives, successors, or
<br />assigns, does release and a~solu~ely and forever discharge the ether of and from all, a~d all
<br />manner of action and actions, cause, and causes of actions, suits, debts, sums of moseys, ac-
<br />counts, contracts, controversies, agreements, promises, vari~ces, trespasses, d~mages, judg-
<br />ments,' c~aims and demands of every name and n~ture whatsoever, which either p~rty against the
<br />other everLh~d, now has, or hereafter can, shall, or may have, for, upon, or by reason of
<br />~matter, c~use, or thing whatsoever, directly or indirectly comuected with the contract made
<br /> the 8th day of October, 1918, by and between the said parties, or any other contract, or supposed
<br /> liability, or thing undertaken, done, or omitted to be done, from the beginning of the world
<br /> to the d~y of the d~te of this Indenture.
<br />
<br /> IN TESTIMONY WHEP~OF,
<br />States Housing Oorporation,
<br />behalf bv s~.~ ~,~+~
<br />
<br />the said UNITED STATES OF AEERIOA,
<br />has caused this instrument to be
<br />
<br />acting by and through the United
<br />executed in its ns~e m~d on its
<br />
<br />
<br />
|