terly payments; that is to say, three hundred and twelve dollars and fifty cents on the first days of November, February, May and August. And it is further agreed by and between the parties to these presents, that the said parties of the second part, upon complying with the terms and conditions hereinafter mentioned and contained, after the expiration of the said term, may have, hold, use and occupy the said premises for the further term of ten years next thereafter, at the yearly rent for the said last mentioned term, of two thousand dollars, payable in equal quarterly payments on the first days of November, February, May and August. And it is hereby agreed, that if any rent shall be due and unpaid, or if default shall be made by the said parties of the second part, their successors. or assigns, in any of the covenants herein mentioned and contained, then it shall be lawful for the said parties of the first part to re-enter the said premises and to remove all persons therefrom. And it is hereby agreed, that the said parties of the second part shall well and truly pay, or cause to be paid, the said yearly rent or sum, in the manner and at the times above mentioned, according to the true intent and meaning of these presents, clear of and over and above all taxes. And it is hereby further agreed by and between the parties of these presents, that the said parties of the second part shall and will, from time to time, during the term of this agreement, pay and discharge all taxes which may hereafter, or at any time during the continuance of the said term, be imposed or charged on the said demised premises or any part thereof, or on the said parties of the first part, their successors or assigns, for and in respect of the said premises or any part thereof, and shall and will indemnify the said parties of the first part, their successors and assigns, of, from and against all damages, costs and charges, which they, the said parties of the first part, may sustain or be put to by reason of any neglect on the part of the said parties of the second part, their successors or assigns, in the due and punctual discharge and payment of the said taxes. And it is hereby further agreed, that the said parties of the second part shall prepare and provide for the use of the Fire Department of this city, a good and sufficient room in said premises, suitable for an engine, hose cart or fire carriage; and also a good and sufficient room for the meeting of the fire company that may be attached or belong to said engine, hose cart, or other carriage. And it is hereby further agreed, that at the expiration of the said term or terms, the said parties of the second part will quit and surrender the premises hereby demised in as good state and condition as reasonable use and wear thereof will admit, damages by the elements excepted. And it is hereby further agreed, that the said parties of the second part, on paying the rent and charges and expenses aforesaid, and performing and complying with the covenants and conditions herein contained, shall and may peaceably and quietly have, hold and enjoy the said demised premises for the term or terms aforesaid. In witness whereof, to one part of these presents remaining with the said parties of the second part, the said parties of the first part have caused the common seal of the city of New York to be affixed, and to the other part thereof remaining with the said parties of the first part, the said parties of the second part have caused the seal of the New DOCUMENT No. 28. BOARD OF ALDERMEN, FEBRUARY 5, 1851. The following communications from the Comptroller, in ans ver to olutions calling for a detailed estimate of the value of the real esta belonging to the city, the uncollected balances on various accounts, outstanding January 1st, 1850, with amounts since collected and balances still due, and an estimate of the value of the wharf and pier property belonging to the Corporation, with the annual receipts and expenditures for building and repairing the same, from the 1st day of January, 1845, to the 1st day of January, 1851, was received, laid on the table and ordered to be printed. D. T. VALENTINE, Clerk. To the Honorable the Board of Aldermen : FINANCE DEPARTMENT, COMPROLLER'S OFFICE, New York, February 5.h, 1851. GENTLEMEN :-In pursuance of the annexed resolution the Comptroller selected Isaac T. Ludlam, Esq., one of the City Surveyors, to estimate the value of all the real estate belonging to the city. Having completed his estimates of the valuation of said real estate, I herewith submit a copy of the same to your Honorable Body. Respectfully submitted, JOS. R. TAYLOR, Comptroller. |