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How About This?

How About This? image
Parent Issue
Day
8
Month
May
Year
1895
Copyright
Public Domain
OCR Text

The following from the Free Press is an interestiug bit of real estáte history with which the University seeins to have something to do. "C. M. Burton yesterday completed bis researches in the matter of the title of the Griswold street portiou of the city hall site, and carne to the decisión that the fee is in the regents of the state university. This portiou of the site wasformerly lot 1G of the governo and judges' plan. Thfi title was in the city, whi'ch transferred it to the stat university on condition thata school be maintained tliere. The regenta íulfilled tlieir part of tbe agreement until they permitted the city to take possession of it upon a promise to pay thern. $15,000, not a dollar of which lias ever been paid, althongh tbe city irregularly paid $5,000 of tbe amount to the state. At the time the city regained possession of the property it agreed to pay the $15,000 with interest annually at tbe rate of 7 per cent, and tbe amount now due, after a lapse of upwards of forty years, principal and compound interest, is a snug little sum."

Article

Subjects
Old News
Ann Arbor Courier