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NORTH CAROLINA
GUILFORD COUNTY

AGREEMENT

THIS AGREEMENT Made this the 29th day of
October, 1951 by and between FLORENCE W. HARRISS,
Widow, party of the first part, J. WELCH HARRISS, Single, party
of the second part, DAVID L. STANTON and wife LUCILLE C. STANTON,
CLARA COLE MILLIS and her husband H. A. MILLIS, JR., VIRGINIA
ROGERS SHERROD, Widow, and CLARA VIRGINIA SHERROD, a minor, by its
guardian WACHOVIA BANK AND TRUST COMPANY, parties of the third part;

WITNESSETH:

That Florence W. Harriss owns a life estate in a
certain tract of land 26 x 125 feet, lying on the East side of North
Main Street in the City of High Point, North Carolina, known as
114-16 North Main Street, and J. Welch Harriss owns the remainder in
fee of said tract, which said tract of land is hereinafter referred
to as Tract #1; and

That J. Welch Harriss owns a tract of land 26 x 95
feet, lying on the West side of North Wrenn Street in the City of
High Point, North Carolina, known and numbered as #113 North Wrenn
Street, which said tract adjoins and lies immediately in the rear of
Tract #1; and is hereinafter referred to as Tract #2; and

That the parties of the third part own a tract of
land 26 x 125 feet, lying on the East side of North Main Street in
the City of High Point, North Carolina, known as #118-20 North Main
Street, which said tract of land adjoins Tract #1 on the North and is
hereinafter referred to as Tract #3; and