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89 MARGIN STREET MAP NO. s ., LOT NO. PROPERTY RECORD - CITY OF SALEM (WARD &PRECINCT) CARD NO.•( MEMORANDA M.w-e_iry ►2./►�'�py tl.4 3t 0476 RECORD OF OWNERSHIP PHOTO DATE BOOK PAGE /2e ui E(-A) U089 MARGIN STREET 05927 NUMBER 0659 1 SUDON REALTY TRUST 725927 8 PHILLIPS E. P SARGENT IRS R9 MARGIN ST 396 659 .SALEM MA 0197U 000 72' AC. S.F. 21629 VALUE Co?50b BLDG ,L „ptf VERIFICATION OF INSPECTION G v` i io{ wu _ I 060 ' Fs ASSESSMENT RECORD 4CkU 1975 19 19 19 19 19 19 19 19 19 APPEAL DATA DWELLING GARAGE Granted Appeal Denied SWIM POOL Value Land APARTMENTS Change Building CONDO COMM OR IND TOTAL VALUE BUILDINGS TOTAL VALUE LAND TOTAL VALUE LAND &BUILDINGS CONSTRUCTION Size Area Class Age Remod. Cond. Repl. Value PDep. Phys. Value Dep_ Sound Value 11 14 15 18 19 22 23 25 26 29 30 31 32 37 38 39 40 45 46 47 40 53 . PHOTOGRAPH /d/S� LI. . 7 � 0)40 r � T arc _f_�( /-_G ...� o ..) / 1 3 See 4e..... " PERMIT COMP. DATE Total LAND VALUE COMPUTATIONS Square Unit Unit Square Ft. Corner Infl Total Depr.% Value 3 Footage 6 7 10 11 Price 14 15 !0 17 18 Price 23 24 25 26 32 33 34 35 41 RENTAL EXPENSE ITEMS PROPERTY INFORMATION VACANCY LAND COST HEATING BLDG.COST WATER SALE PRICE . ELECTRICITY GROSS ANNUAL INCOME JANITOR LESS EXPENSES _ _ _ MANAGEMENT NET INCOME _ _ _ + LAND @ %= 42-52 LAND RECORD Total Value Land _ BLDG. @ %= Sewer A No Street E High I Water BS Dirt Street F Low j Total Value Buildings TOTAL FLAT EXPENSES Gas yS Paved �C� Level trI� TOTAL Elec. D.S No Sidewalk H Total Value Land and Buildings ^ BUILDING RECORD WHIPPLE,MAGANE AND DARCY CONTROL No. 1 rir MEASURED BY I? 12 IDATES7/2-3 LISTED BY 121.21 DATEa`/27/?..''' . 75+' T 80 SEMI MOD KIT MOD BATH ' j,K t y/ , a �--�i dd1 BLOCK LOT EXEMPT BLOCK LOT CLASS SEMI MOD BATH _ �i _, _ _ COMPUTATIONS , 141 .2 IL2I✓i L.'L? I¢I I aI� 14171 GI I I • I I TSTOREFRONT ..,b+ • I_ _. .- -.. — .-?D_uG O.—N� `SI AREA 6 7 11 12 16 17 20 FIRE PROOF CONST / /� aS ' /z Z NO. OR UNIT TOTAL SERIAL NUMBER DATE I DATE BUILT S'HEEIT OF MILLCONST C /� ITEM OTY COST I "k'I GJI�I./ I 2-I L. I:� L.. L I 1 1 REINF CONC BEAMS&COLS I /. _ , /" Q '+ 0� •` , 27 32 34 I f(�d( / 21 26 STEEL FRAME ���S � ��-�0 5� .d4 , G EXTERIOR WALL VARIATIONS STEEL BEAMS a-sate L I 2 I 2,1 2- /EGG �- y32 o DESIGN STEEL TRUSSES {/ �1 • RANCH 1. Common Brick V/F 5. Face Brick V/M STEEL OR BAR JOIST )A.o • + 8` , e `` 3--' 2. Face Brick V/F 6. Cut Stone V/M TIMBER BEAMS&COLS /�SPLIT LEVEL or BY LEVEL 3. Cut Stone V/F 7. Perna Stone WOOD TRUSSES Q- 3 Iy ,?4. I 4 ADDITIONS OR DEDUCTIONS COLONIAL 4. Common Brick V/M , SPRINKLER SYS CAPE COD TYPE STORIES LINEAL FEET PASS ELEV L 4 4 1 _ I i 3 8 ktal G 4�.e;'.:.. CONDO I� FREIGHTELEV - CONVENTIONAL 35 36 37 38 40 1+�i�/`�* .,0/ L. MODERN FINISHED ATTIC OR SECOND FLOOR FLOORS 5 � RAISED RANCH B 1 2 3 SINGLE FAMILY Cement / ���M �""-` FAM. FLAT Fin.Area 43 I I I 146 Hardwood CIpine l - FAM. DUPLEX Fin.Attic% 47 I I I 150 Single Fl. ���(�. I'I 6-r FAM. CONV. Unfinished %Story% 51 I I I 153 Asp.(Tile / 5�COMM. // APARTMENTS DORMERSWood Joist NUMBER SIZE NUMBER SIZE Reinf. Conc. TOTAL No.of Fam. (50) ' I I I I I 1 I INDUSTRIAL LLJ L_J_I LJJ ,vo W C4„,*T FOUNDATION 54 55 56 57 58 59 60 61 .•.✓kr?-- S� '251/7l BASEMENT AREA ► I wa i-r,H f i M, CONCRETEM S/,df Rec.Room%) I ILI I 1wI I I SALE 27$ I I I7Isi0I0Id33 BASEMENT CEMENT BLOCK ° � OVERALL DIMENSIONS BRICK - 62 63 64 65 66 67 68 STORIES WIDTH LENGTH AREA FULL- DATE 36�`IyI7I2I39 I • I �I I I I I I 1 • I I STONE No Concrete Floor ❑ 69 CAP IMPROV $1 I I-�IvIJI0iOI59 I40 - 41 I 42 I43I 44'451 46 49 50 52 TOTAL 73 Dry Wall 0 2 Plaster 0 q I • I I_II I—I I I I I I 1 • I I COST CONVERSION ROOFING r. . E 1i ► -2121 2 3 4 5 6 7 8 11 12 14 FACTOR /ek J ASPHALT,ASBESTOS Air Cond. 0 4 Percent I ■ I I 1 DATE 62 65 REPLACEMENT WOOD SHINGLES 5 6 7 (Gw� art )IcI 4?bo,,,# L----J II W I I I I I 1 !__LJ VALUE g ,/J SLATE BATH ROOMS -}I1P S2 WIC 2Mot.�* �S � Sot 27 28 29 30 31 32 33 36 37 39 PHYSICAL DEP. TAR &GRAVEL / FIXTURESI NO. FLOOR WAINS BOTH )J`� P I • I W L__LJ I I I I I 1 • I I /O / L J 1 2 3 c�' 40 41 42 43 44 45 46 49 50 52 VALUE 2yJ 2 ,)- COMPOSITION 8 9 (10) BUILT IN PORCH PATIOS FUNCTIONAL OR SHED DORMER LF U u 1 2 3 TYPE STORIES WIDTH LENGTH AREA Type Width Length Area ECON.OBS. PICTURE DORMER LF 11 12 (13) E 0 G (53) LU I I ] II I I I I 1 2 CARPORT yp2 3 4W I I 1 7 1 8 19 I EXTERIOR WALL TYPE L_J I_) 1 2 3 54 55 56 57 58 59 60 61 62 A. FRAME WITH WOOD, 14 15 (16) 3 OTHER U W i l I I I i ASBESTOS,STUCCO, FIREPLACES WIDTH LENGTH AREA 10 11 12 13 14 15 16 17 SUMMARY OF APPRAISED VALUE ALUM,SIDING (19) 1r 1 ON 1 Li 2ON 1 I I BUILT IN GARAGE I I I III I I I I BAY WINDOWS NO.I I I STORIES LI_I PRINCIPAL BLDG. 18 19 20 21 22 24 25-26 27-28— B. CONCRETE BLOCK BSMT (No.of Cars) 1 0 2 0 3 0 25 PORCHES MISCELLANEOUS ADDS OR DEDUCTS APPRAISAL $ . 7 j`j 7 a -ON TILCCTUCCO ON HEATING 26 ROOMS B 1 2 3 TYPE STORIES IWID'TH' LENGTH AREA CODE DOLLAR AMOUNT OTHER PRINCIPAL -, O Ai4 T+LC- (19) P E O G 1331 I I I W I I I I I I I 43 I I I I45 46I I I J 149 BLDGS.APPRAISAL $ 0 ❑NONE Living ACCESSORY BLDGS. �/FORCEDHOTAIR Dining 34 35 36 37 38 39 40 42 I I I_ C. BRICK On STONE 1 {� E O G (50) I I I I L I LI__LJ so I I J62 63I I I I 166 APPRAISAL $ VENEER (19) 2 ❑STEAM 1 PIPE Bed 51 52 53 54 55 56 57 59 TOTAL BLDG. ^ D.SOLID BRICK OR Kitchen E O G (2) 1 I I-1 I I I I I I I I 12 I I 1 114 151 I I I 118 APPRAISAL $ J b (, STONE (19) 3 OFLOOR OR WALL 3 4 5 6 7 8 9 11 TOTAL LAND Rec. Rm. Finish 20 APPRAISAL - — — 4 ❑CeilingRadiantElec. Width ATTACHED GARAGE Physical Depr. 19L OTHEROver 5 0 Baseboard Electric Apts. 23I I 124 251 1 126 271 I I 129 LI30 Economic Obs. 211 1 I22 $ G ? J Office / TOTAL APPRAISED 6 ❑Floor Radiantant Hot ot, 7 F lour Radiant Stores Other Accessory Bldgs 3I I I I I I I VALUE $/7 900 Water 8 0 Gravity-Pipeless 9 0 Steam 2 Pipe Total Land Value 4216. 1 01 (1 71,3 1 6 10 148 J , MAP 2" LOT 77,/ 1 APPLICATION FOR REVIEW OF REAL ESTATE ASSESSMENT Address of Property ,89 Margin Street , .... . .. • Owner on January 1, 197 4 Sudon Realty Trust . Year Land Pu rchased a d was Pu chased Amount Paid Year Land and Bldgs. Purchased 1972 Amount Paid $75,000 .00 Bldg. Approximate Age of A . 2Q...years ' • . Original Cost, if Known Approximate Age of Other Bldgs. N.A• Original Cost, if Known Give the approximate cost of any other improvements or alterations not included above: Year Installed 1973 Cost 78, 698.00 Details of Improvements Added 30 feet to north end of building for convenience of •B & M passengers under terms of an existing lease, modified interior for news agency Do the costs given above include the value of all labor and materials necessary to complete the construction? If not, please explain Yes Were the buildings constructed by a contractor or by the owner? .. Contractor The total Fire Insurance coverage on the buildings is .... 125,1000.00 Total rentals received per Month $1. 750,00 .....,!' The present Mortgage on the property is M. .ecur.e.d Loax. 85.6.,.83.7.0.5 If you were to sell the property at the present time, what would you expect the Sale Price to be? Not marketable ' due to a disadvantageous lease with the B & M Railroad. List any other factors that you wish to be considered. .I( ' L n v.D 41 cA.4 es (Q /' L pie k'; c P s‹ rtt c.e p rt k t b-c c'r, -PG✓L S o L c -Cori S e v c VZ . (. v. c a ►t.. s ?�i 'irn u tr.) e�� See attached sheet f/ u Jrajterj erg* 1.01,e-‘,. +tte 1 i 5 covG + the_ LQ-,;' t r.,, ,Lc, ;lave #, .o t,„., 1, Signed 7v ..i2.( "/ ° } �+ ct r:. Date Dec.Pmber....J 0,....7.9.7.4 • RECOM• ' - ' INTV NO. MENOATIOM;a NC CM REV INSP INS BY REV. BY NC CM t The present tenants of the property in question were previously located at 34 Front Street, Salem. Due to the urban renewal program, the tenants were forced by the Salem Redevelopment Authority to vacate the Front Street premises in 1972 . The only suitable facilities available to meet the business demands of the tenants was the property on Margin Street. Because of the severe time limitation imposed upon the tenants, they were not afforded the opportunity to negotiate with the former owner of the subject property but were compelled to complete the purchase on the seller' s terms, which included improvements and the lease with the B & M Railroad, a copy of which is attached hereto. There was no opportunity to seek bids on the improvements and the work was done on a cost plus basis . The costs of the improvements, therefore, were considerably greater than would have been if bids were received. The assessment on the subject real estate was increased from $7,000 .00 in 1973 to $22, 000 .00 in 1974, supposedly reflecting the increased value of the building due to the added waiting room for B & M railroad passengers . The rental from this waiting room, $3,000 .00 a year, is unrealistic when one considers the cost of lighting, heat and maintenance required under the terms of the 99 year lease. Consequently, the fair market value of the land and buildings at 89 Margin Street is severely diminished by the existing lease on this property. It would appear to be only equitable that all of the above considerations and factors be considered in arriving at a realistic and reasonable assessment. ) . . . . ' • • . 4 1 . . EASE BERNARD M. PHILLIPS AND PAUL F. SARGENT, TRUSTEES OF THE • SUDON REALTY TRUST, under a Declaration of Trust dated October 17th, 1972 and recorded in Essex South District Registry of Deeds, in Salem, Essex County, Massachusetts, in Book 5915, Page 595, Lessors, which expression shall in- elude their successors and assigns, do hereby lease, demise and let unto Robert Vv. Me serve and Charles W. Bartlett, as Trustees of the Property of Boston and Maine Corporation, Debtor, and not individually (see In the Matter of Boston and Maine Corporation, Debtor, United States District Court for the District of Massachusetts, Docket No. 70-250-F) with offices at 150 Causewayl Street, Boston, Massachusetts, hereinafter called the Lessees, which ex- pression shall include its successors and assigns, limited, however, to successors or assigns succeeding to the,passenger transportation business of the Lessees: WITNESSETH: That the Lessors hereby lease to the Lessees that portion of the building designated as "Proposed osed Addition" to existing Station • and Waiting Room, comprising about 800 square feet, on the northerly end of j said building, shown cross hatched on a plan entitled "Plan of Land in Salem, Prepared for Sudon Realty Trust, Scale 1"=20' , Oct. 3, 1972, Essex Survey . :''ti ~ !'; Service, Inc. , 47 Federal Street, Salem", a copy of which plan is hereto at- tached and made a part hereof and which is to be recorded in the Essex South , District Registry of Deeds. Said 800 square foot area is also and more particu-` C; larly shown on a plan and drawing entitled "Additions and Alterations to B & M Station, a.f. goldsmith & co. , salem, mass. , James H. Ballou, AIA, Archi- ` tect, 125 Derby St. , Salem, Mass. , Aug. 28, 1972", a copy of which is also attached hereto and made a part of this lease, said area designated on the 'ii last mentioned plan as "Waiting Room", together with ingress and egress afoot and with vehicles over said Parcel 5 between the premises herein leased and Margin Street, and ingress and egress afoot and with vehicles between the elevator located on land of the Lessees located easterly of said Parcel 5 and said Margin Street and said building, and ingress and egress afoot and with vehicles over the existing driveways shown on said attached plan and identified thereon as, "Driveway" and the "Reserved Parking Area", and together also with the . exclusive right to use for parking purposes all of the land of Parcel 5 shown on • the first above described plan, excepting those portions thereof which are • designated, "Driveway", that part of the "Reserved Area" as is shown outlined in green on said attached plan, and the "Reserved Parking Area" also shown on said plan, and the right to use, maintain, repair, replace or remove from c1 havinga diameter of four (4) inches cr oun. time to time one (1) fiber duct (underground) • running across said Parcel 5 from the easterly side of said Parcel 5 at a point • directly west of the Elevator noted thereon; thence in a southwesterly direction to said Margin Street. TO HOLD (unless sooner terminated as herein provided) for the term of one (1) year from the date of completion of construction of said 800 square • foot Waiting Room, yielding and paying therefor as rent Three Thousand Dollars • ($3,000. 00) a year, payable in arrears in equal quarterly payments, and to quit and deliver up the premises herein leased upon termination hereof, in as good , order and condition as the same now are, rensoneble use and wear thereof, and damage by fire and other casualty excepted, and to pay the rent as above • stated, during the time that this lease is in effect and not to maize or seller any • waste or nuisance thereof. The Lessees may extend the term of this lease for • additional one (1) year periods by remaining in occupancy following the ex- piration of any of the one year terms, either original or extended, for a total maximum aggregate period of ninety-nine (99) years. Said 800 square foot Waiting Room shall be ready for occupancy by the Lessees on or before- Jenu- ary 1 , 1973 or such later date as the parties hereto may agree upon i ea i i ee. 1 • • k"l 41 y,�AR fl 2 - I This lease is made subject to the following terms and conditions: n 1. All personal property, merchandise and fixtures of the Lessees placed in or on the premises herein leased shall be at the Lessees sole risk, r responsibility and hazard. 2. The Lessees shall have the right to terminate this agreement any day by giving to the Lessors ninety (90) days advance written notice of in- tention to terminate. 3. The Lessors covenant and agree to furnish in and to the premises hereby leased at all times when this agreement is in effect, heat, light, janitor j service and water in sufficient quantity and quality all to the satisfaction of the person from time to time being the Principal Engineering Officer of the Railroad operated by the Lessees. 4, The Lessors shall maintain the leased premises and the ingress and egress ways or driveways and shall keep said premises in good order, re- pair and condition as the same are in at the commencement of said term or may be put in thereafter, and shall make any other repairs which the Lessees may desire for the purposes of maintaining the premises in a proper and safe condi- tion consistent with the use of the same by the Lessees, at their sole expense, and shall provide all fixtures required therein by the Lessees, excepting water • fixtures. it • 5. The Lessees shall provide and maintain in the leased premises 1! such furnishings as desired or required by the Lessees. • 6. It is understood and agreed that the ingress and egress between " said leased premises and Margin Street, together with ingress and egress be- S tween the said Elevator and said leased premises and Margin Street is for use by the Lessees and its patrons. It is understood and agreed that the Elevator elsewhere mentioned in this lease is the property of the Lessees, and at all times shall be within the exclusive control of the Lessees, and the Lessees ; shall have the right to remove said Elevator and to transport the same across • land of the Lessors when the Lessees determine that the same shall no longer be required, the cost of such removal to be at the Lessees own expense, and upon such removal shall leave the premises in a proper and safe condition. The Lessees covenant and agree to indemnify and save harmless the Lessors, their successors or assigns, from and on account of any claims of injury, damage or loss of every kind and nature whatsoever, including reasonable attorneys' fees and costs of defending any claims for damage or injury that may ever be asserted against them as a result of the operation of said Elevator by the Lessees, and the Lessees do further covenant and agree that they will oe at their own cost and expense assume the defense of all such claims brought against the Lessors by any persons whatsoever. 7. In the event of fire or other casualty destroying all or part V{. tha said leased premises , the Lessors agree to make temporary comparable iacil.iti:+:> available to the Lessees, and shall abate the rental charges otherwise dec hee---- under, making due allowance for a fair charge to be made by them for the use of such temporary facilities during the period of the restoration of sucn destroyed premises, which restoration the Lessors agree to commence immediately uc_an the occurence' of such destruction and prosecute diligently to comnleticn: i:: na event shall said fair charge exceed the aforesaid annual rate of rent. 3. The Lessors, at their own expense, shall keep in force during tee . 1 1 . • ,,, t i ' � ao- ie", 4' i - 3 - .. 11 time this lease is in effect an insurance policy with a coverage against fire of, . 'A' li! at least $20,000.00 on said Waiting Room, a duplicate of such policy to be on ';..' ;' ' ., file with the Lessees at all times while this lease is in effect, and such policy Sall ; contain a provision, endorsement or rider to the effect that said policy shall '# , not be cancelled without ten days' prior written notice to the Lessees. The pro- ' • le ' ti- • . ceeds of any settlement made pursuant to such policy are to be applied first to the restoration of said leased premises. • ., • 9. It is understood, covenanted and agreed that the entire area of ' Parcel 5 leased for parking purposes to the Lessees, excepting for the portions ' thereof noted as "Driveway", 'Reserved Parking Area" and that part of the' • "Reserved Area" as is shown outlined in green on the aforesaid recorded plan, attached hereto and made a part hereof, shall at all timesbe subject to the control •, and regulations as from time to time promulgated by the Lessees for the use of ;' same and shall be for the use by the Lessees and their patrons. 10. It is agreed that at any time prior to and within ten (10) days after termination of this lease said Lessees shall have the right to remove any furnish ings they may have installed on said leased premises; also, that during the time • this lease is in effect the Lessees may make such reasonable additions, changes, r " ;`''' '' and alterations of said leased premises as they desire. However, in the event ., V V • that such alterations, additions or improvements by the Lessees result in an 1 increase in the assessed value of said building of which the leased premises are a part, then the Lessees shall pay to the Lessors the amount of such in- crease attributable to the same on or before October first of each year during i the term of this lease. !j . • 11. Every written notice to be made or given by the Lessors to the Lessees hereunder shall be enclosed in a sealed wrapper (envelope) addressed to Superintendent - Passenger Operations, c/o The Trustees of Boston and Maine '• Corporation, 150 Causeway Street, Boston, Massachusetts, 02114 and every written notice to be made or given by the Lessees to the Lessors is to be en- e . closed in a sealed wrapper (envelope) addressed to Sudon Realty Trust, 89 ,, Margin Street, Salem, Massachusetts. Either party hereto may, from time to j •^r time change the address to which written notices hereunder are to be made or given. Furthermore, every written notice to be made or given in the terms of ., this agreement shall be mailed by either certified or registered mail. 12. The Lessors shall pay all taxes levied or assessed or properly • V allocable to the premises hereby leased, provided, however, that in the event ' the annual real estate taxes assessed beginning as of January 1, 1978 shall exceed the annual real estate taxes on the Lessors' premises for the year 1973, then the Lessees shall pay to the Lessors in addition to the rental herein pro- vided for, on or before October 1st in each applicable year, a sum to be com- puted as follows: an amount equal to such increase apportioned and allocated to the square foot area of (1) the Waiting Room portion of the building comprising the demised premises as compared to the entire square foot area of said bul.-ling, and (2) the Parking Area adjacent to the demised premises; provided further, however, that the Lessors shall apply at its own expense for an abate-yen _;_ said taxes for each and every year after the first five (5) years of this lease, if and as requested to do so by the Lessees. Any abatement obtained, whether requested by the Lessors or the Lessees, shall be equitably and proportionately divided between the parties, provided, however, the Lessees shall have oeid to the Lessors in the year prior to the time of obtaining such abatement the increase for real estate taxes as hereinabove provided, and sech division shall , if not shown on a separate tax bill, be based on the area occupied by the Lessees in said building in proportion to the total area of the building and the parkin area in proportion to the total areas of the Lessors' land as shown on such Z.:3x bill. r ,. • 4 k i1 try+ir A v ,,: IS - 4 'I ly. I It Vi ` I '"' • Yp . I j( 13. The Lessors agree to open the Waiting Room at 5:30 A. M. and ,.,t !. close it at 5:30 P.M. , to sweep the floor, wash the windows, remove snow ' '! from the parking areas and endeavor to prevent overnight parking which might `''-'' interfere with use of the parking area as may be reasonably required by the 1. ' '' Lessees or their passengers, to hot top the adjacent parking area and install adequate outside lighting on the easterly sidewalk adjacent to the Waiting Room. The signal device (bell) is to be moved to the Waiting Room at the • expense of the Lessees. Y' 14. It is understood, covenanted and agreed by and in between the parties hereto that any improvements to the Lessors building.;a portion of which is leased to the Lessees hereunder,shall in no event, if made by and in behalf 1 of the Lessors, give rise to payment of taxes or increase payment of taxes by the Lessees. IN WITNESS WHEREOF the said parties heretq hav 4nterchangeably set their hands and seals this .41 day of L,,'r eet -c.. , 1972. li BERNARD M. PHILLIPS AND PAUL F. SARGENT, I TRUSTEES OF THE SUDON REALTY TRUST ; BY avi �� : �zyn�c � , ,, i .a.,,,,.. - .--- 1...0 _,____._. � essors ROBE'RT W. MESERVE ND CHARLES W. BARTLETT, TRUSTEES OF THE PROPERTY OF BOSTON AND NIAINE CORPORATION-DEBTOR ,- 2 /, J/ BY: --- / /' i_ ;Manager . Real Estate and Industrial Development . Lessees COMMONWEALTH OF MASSACI-ILISETTS c,„..1- Ss I�1�-�-t• `� , 1972 Then personally appeared the above named Bernard M. Phillips and Paul F. Sargent, Trustees of the Sudon Realty Trust and acknowledged the foregoing instrument to be the free act and deed of said Bernard M. Phillips and Paul F. Sargent, Trustees of the Sudan Real-Cy Trust. . ( / /714....r Before me. rotary Public j ^ el My Commission expires: �6-e-__ /o1 /7 `�/ COMMONVvEALTH OF MASSACHUSETTS ss -72.,L,.i.c G`C,_ ., , 1972 Then personally the above named W. A. Kirk as Manager of Real 7 ,!' - 5 - I? Estate and Industrial Development of the Boston and Maine Corporation, { 1. Debtor, and acknowledge the foregoing instrument in behalf of and as the free act and deed of Robert W. Meserve and Charles W. Bartlett, Trustees I of the Property of Boston and Maine Corporation, Debtor. ' i' I Before me. . Notary Publ�c � ) i , 1, __.6._ e...,,:c.,,,,,L,c. .,„to--,v7._, ..e,e>27:/(2../ • My Commission expires: . ),L,,, -2 /979 • • i` 4 ;