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Transcription
Fifth, Pave the streets on the north, south and east of said
square:
Sixth, Exempt from consideration of the option hereinafter mentioned,
from taxes for a period of five years the property of the Market House
Company and the market house, if any, hereafter constructed upon it by the
Company, then and in that event the Market House Company agrees (a) at its
own expense to build a commodious and suitable market house, 100 by 152
feet, of brick, concrete or stone, walls 22 inches thick, on the propert
property now owned by said company; and (b) to give the City of Fort Worth
an option for five years from the date of the acceptance of this agree-
ment in which to purchase the Market House Company, the property and
building or buildings then owned by it at such value as the city, thru
its Council, and the Market House Company, thru its Board of Directors, a
may agree; or, in case of failure to agree, at such amount as may be
fixed by the Board of Equalization, of Fort Worth, or as may be determined
upon in any manner hereafter between the parties; provided always, that h
the deeds from the Market House Company to the City of Fort Worth shall
contain the following expressed provisions: first, that the land and
improvements thereon, to be conveyed by the Market House Company to the
City,shall be used forever, as a public square and market house; and
second, that any organization, or individual or individuals who shall
desire, shall have the right to construct, erect and maintain an auditor-
ium over said market house at any time, without any ground rent, or
expense, other than an obligation to maintain and keep in repair said
auditorium.
Respectfully submitted.
FORT WORTH MARKET COMPANY,
By F. W. Axtell, its President.
Attest:
____________________, Secretary.
____________________ ____________________
____________________ ____________________
Directors.
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