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Old 02-16-2009, 07:32 PM   #8
Chickie
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Default Lease Information

I did a little more digging at the Registry of Deeds today and found two lease agreements recorded between McIntyre and Cobb. The first was dated 11/1/1929 and was a five-year lease of the land “for the purpose of erecting a home, dining room and over-night cabins. Cobb was to pay $250 per year. If within the five-year lease period, Cobb wished to purchase the land, he could do so for $3,000.

The second lease agreement was dated 6/12/1931 and was also a five-year lease. The cabins had been erected on the property by that time. The yearly amount began at $450.00 in 1931 and would gradually rise to $600 by 1935. If Cobb wanted to purchase the land within the five-year period, he could do so for $20,000. Cobb did indeed purchase the land from McIntyre on 8/31/1933.

McIntyre purchased the Gilman farm property from Harry Terrill in 1925. It had been conveyed to Charles Terrill in 1911 by Alice J. Gilman (Hiram Gilman’s daughter) and thereafter referred to as the Terrill farm in subsequent deeds.
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