High Point Country Club Deed, Dec. 12, 1933

NORTH CAROLINA, GUILFORD COUNTY.

THIS DEED, Made this the 12th day of December, 1933, between JOSEPH J. COX, as Trustee in Bankruptcy of the estate of High Point Country Club, Inc., a bankrupt of the City of High Point, County of Guilford and State of North Carolina, party of the first part, and OWEN REESE, Trustee, of Guilford County, North Carolina, party of the second part,

WITNESSETH:

THAT WHEREAS, a petition in voluntary bankruptcy was filed in the District Court of the United States, for the Middle District of North Carolina, on the [blank] day of February, 1933, by High Point Country Club, Inc.; and,

WHEREAS, the said High Point Country Club, Inc., was duly adjudicated bankrupt on said petition on the 17th day of February, 1933, and the said Joseph J. Cox thereafter was duly appointed Trustee of the estate of said bankupt on the [blank] day of March, 1933, and thereafter duly qualified and has continued to act and is now acting as such Trustee; and,

WHEREAS, the said Joseph J. Cox, as Trustee [of] Bankruptcy of the estate of High Point Country Club, Inc., Bankrupt, was duly authorized, after notice to creditors and all other interested parties, by an order of Kenneth M.

Brim, Esq., Referee in Bankruptcy, dated the [blank] day of October, 1933, to sell and convey the property hereinafter mentioned at public auction, free and clear of all liens, including taxes for the year 1933, except a deed of trust from High Point Country Club, Inc., to V. A. J. Idol, Trustee, for the Equitable Life Assurance Society of the United States, in the principal sum of Twenty Thousand Dollars ($20,000.00), which said deed of trust is dated May 15, 1931, and recorded in Book 668, at Page 189, in the office of the Register of Deeds of Guilford County, North Carolina, and the said sale having been held upon the premises of the High Point Country Club, Inc., at High Point, North Carolina, on the [blank] day of November, 1933, when and where Owen Reese, Trustee, became the last and highest bidder for all the property of the High Point Country Club, Inc., including real estate, personal property, accounts receivable, and all other property belonging to said bankrupt estate, in the sum of Three Thousand Dollars ($3,000.00), subject to the aforesaid deed of trust to the Equitable Life Assurance Society of the United States, and the said sale having thereafter been confirmed by order of Kenneth M. Brim, Esq., Referee in Bankruptcy, dated the first day of December, 1933, and thereafter approved by order duly signed by Honorable Johnson J. Hayes, Judge of the District Court of the United States for the Middle District of North Carolina, dated the [blank] day of December, 1933; and,

WHEREAS, the said Owen Reese, Trustee, having paid the purchase price in the amount of Three Thousand Dollars ($3,000.00) in full to Joseph J. Cox, Trustee in Bankruptcy of the estate of High Point Country Club, Inc.,

NOW, THEREFORE, in consideration of the premises and of the payment to him by the said Owen Reese, Trustee, of the sum of Three Thousand Dollars ($3,000.00), the receipt whereof is hereby acknowledged, and by virtue of the power and authority in him vested, as aforesaid, the said Joseph J. Cox, Trustee in Bankruptcy of the estate of High Point Country Club, Inc., has bargained and sold, and by these presents does hereby bargain, sell and convey unto the said Owen Reese, Trustee, his heirs and assigns, forever, a tract or parcel of land in High Point Township, Guilford County, North Carolina, and more particularly described as follows:

"BEGINNING at an iron stake in the East line of Club Drive, Hamilton's Northeast corner; thence in a Northerly direction along the East line of said Club Drive, 968 ft. to a stake in line with the North side of present tennis courts; thence in an Easterly direction along the North line of tennis courts 294 ft. to a stake in the West property line of Hillcrest Drive; thence in a Northerly direction along the said West property line of Hillcrest Drive, 187.4 ft. to a stake; thence North 64 degrees 7 minutes East, 95.4 ft. to an iron stake, the Southwest corner of Lot #109 of Emerywood Addition No. 2; thence North 75 degrees 47 minutes East, 207 ft. to a stake; thence North 5 degrees 32 minutes East, 50 ft. to an iron stake, the Southeast corner of Lot #109 of Emerywood Addition No. 2; thence South 85 degrees 13 minutes East along rear line of Lot No. 110 of Emerywood Addition No. 2, 190.9 ft. to an iron stake; thence South 22 degrees 36 minutes East along line of Woodbrook Court property, 166 ft. to a stake; thence South 20 degrees 17 minutes West along Woodbrook Court property, 392.5 ft. to a stake; thence

South 17 degrees 37 minutes West along Woodbrook Court property, 416.6 ft. to an iron stake; thence South 85 degrees East along South side of Woodbrook Court property, 249.3 ft. to an iron stake, the Southwest corner of Carrick property; thence North 80 degrees East along South side of Carrick property, 550 ft. to an iron stake; thence South 3 degrees West along Carrick and Taplin property, 910.8 ft. to an iron stake in English line; thence South 85 degrees West along English line, 234 ft. to a stake; thence South 5 degrees West along English line, 537 ft. to an iron stake, Hamilton's corner in English line; thence South 85 degrees West along Hamilton's line, 1059 ft. to a stake; thence North 3 degrees 30 minutes East along Hamilton's line, 27 ft. to a stake; thence North 12 degrees West along Hamilton's line, 1275 ft. to the beginning, containing 64 acres, more or less."

Save and except that interest conveyed to the City of High Point by Sunset Park, Inc., in a tract of land 135 ft. X 100 ft. X 100 ft. X 106 ft., as shown by deed recorded in Book 488, at Page 572, in the office of the Register of Deeds of Guilford County, North Carolina; it being understood between the parties hereto that the City of High Point shall have the use of said excepted tract conveyed to them for a pumping station only, and that in case the City of High Point discontinues the use of the property as a pumping station, then and in that event, the reversionary interest in the same hereto reserved by Sunset Park, Inc., shall be vested in the grantee in this deed. It is the intention of this deed to convey to the grantee such reversionary interest in said tract of land as the grantor herein has or may hereafter acquire.

Being the same tract of land conveyed to the High Point Country Club, Inc., by Sunset Park, Inc., by deed dated September 20, 1926, and recorded in the office of the Register of Deeds of Guilford County, North Carolina, in Book 541, at Page 350; save and except, however, from the above described premises that tract of land conveyed to J. E. Millis by High Point Country Club, Inc., by deed dated March 19, 1931, and recorded in the office of the Register of Deeds of Guilford County, North Carolina, in Book 599, at Page 152, and described as follows:

"BEGINNING at an iron stake in A. E. Tate's line, J. E. Millis' present Southwest corner, and running thence South 5 deg. West 35 ft. to a stake; thence South 81 deg. 30 min. East 203.7 ft. to a stake; thence North 3 deg. East

[handwritten in lower left corner: ff228]

48 ft. to a telephone pole in Millis' line; thence North 85 deg. 13 min. West along Millis' line 201.4 ft. to the beginning, containing 8403 sq. ft., more or less.

It is understood and agreed by the parties hereto that the aforesaid property is conveyed free and clear of all liens and encumbrances, with the exception of a certain deed of trust from High Point Country Club, Inc., to V. A. J. Idol, Trustee for Equitable Life Assurance Society of the United States in the amount of Twenty Thousand Dollars ($20,000.00), which said deed of trust is dated May 15, 1931, and recorded in the office of the Register of Deeds of Guilford County, North Carolina, in Book 668, at Page 189, the interest upon said deed of trust having been paid up to and including November 15, 1933.

TO HAVE AND TO HOLD the aforesaid tract or parcel of land, and all privileges and appurtenances thereunto appertaining unto the said party of the second part, his heirs and assigns, forever, to his and their own proper use and behoof as fully and absolutely as the said party of the first part can and ought to do pursuant to Statute and his authority as aforesaid.

IN WITNESS WHEREOF, the said Joseph J. Cox, Trustee in Bankruptcy of High Point Country Club, Inc., has hereunto set his hand and seal, the day and year first above written.

[blank] Trustee in Bankruptcy of the estate of High Point Country Club, Inc.