[Letter from John Sayles to Indian Territory Illuminating Oil Company, August 19, 1940] Page: 1 of 4
2 p. ; 29 cm.View a full description of this letter.
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1o iliviojon,
t' tle-
4oy v.oadon Alce
O 8 ce tr t has not been met.
-teent from ena l Ana f;ice of .exas shows a btdanoe o
'raid of 0512.30 on The whles tract of 826.8 acres, bearing r
cnu! interest pa.- u ov.lat annually, and all interest i
teh has aorued, the nezt interest payment of '17.t8 boin2
Ye :ov., 140. Unpaid principal bas been extreme. to p
ev.8tats.Ter.Ar.,4zlf).
'r sale 0f this 526.2 &cro tract moq be tereited by thr Conissicw
r : t ,nerad La m 4 ice if default be made in the; yent of
4.$ interest instrument when :ve. Lorwever, it has been The prootic.
:k the (orrissaner o th enerad ice for ny ye Ps T
'oclare a foreitur for non-arteni of &terest, unless ou o1
toreot rnmwina telinquont for a year or more and is rnr paid
tor the C nissioner gives notice of intention to 1ecl.ro for-
-ture; but thisp aotice ih not a nrcvtsin eQ the law.
you waive this quirment 4 calling for patent coveri.r this
acre tract, you should see that this annual intere . 17.08
paid just as ycu see that lease rotlse are paid.
e Texa. t&islature may or may not *reafter extend time f
:'ment of unnai/' principal after ept.26,h44.
is 80 acre tract may be pstznted at &ny time upon pay n- of its
u-portionat part of unpaid ptru aoe money and patent fees and
rniahin; the 'orri Z1Iand .r.Ve r I&'l( note sof' mrtth 1% c n a"n4rrt
s total CO
irement 8 has beetf ' am t r9 ah ?
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Sayles, John. [Letter from John Sayles to Indian Territory Illuminating Oil Company, August 19, 1940], letter, August 19, 1940; (https://texashistory.unt.edu/ark:/67531/metapth1155241/m1/1/: accessed July 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Hardin-Simmons University Library.