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Tuesday, kebruary 22th., 1929.'
<br />31-9
<br />The Board signed the following lease of space on the 1runicipal Airport:
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<br />U&SM OF. SPACE ON AIRPORT.
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<br />THIS indenture made in the City of South Bend, County of St. Joseph, State of Ij
<br />Indiana, this 6th., day of February I929,. witnesseth:
<br />'An agreement made by and between the 1funicipal City of South Bend, Indiana, b
<br />and through its Board of Public Corks art of the first art and the Shockle �I in '
<br />• g t party P Y Y g �;�
<br />Service, party of the second part, as follows, to -wit:
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<br />The said first party hav'ng leased and being in possession, subject, however, to
<br />' . 7 Incorporated,of the
<br />certain rights given to the t Joseph Valley Avlat,.on Club
<br />said City of South Bend, which contract is dated June 25th , I928, and which contract
<br />said second parties are familiar with and.cope of said contract is attached hereto-
<br />j the following described -real estate, situate in St. Josetkh County, Indiana, to -wit: {
<br />The Southeast d after (SN4* andthe East Half ' (2 } of the Southwest
<br />Quarter (StP41 all.in Section Fifteen (I5) Township Thirty-eight ei ht (38)
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<br />North, Range Three (3) East.
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<br />• For and in consideration of the agreements herein after contained for second party
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<br />to do and perform, the said -first partt does lease unto said second party the
<br />following described and bounded parcel within and a part of the above described real
<br />estate, to -wit:
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<br />B ginning at a point Ninety (90)�feet North of the Northwest Corner
<br />o$ what is known as City Anager 13umber One (I) and running Test Fifty
<br />(50) feet; thence North Two Hundred (200) feet; thence East One Hundred
<br />(I00) feet; thence South Two Hundred (200) . feet; thence West Fifty (50)
<br />feet to the place of Beginning.
<br />• for the period of one year from and after the 6th.-, day of February 1929.
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<br />Said first party also grants unto said secon,3_ party and option to rene* its said I;
<br />lease from and after the expiration of the said one year bf- thin lease, but not to
<br />extend beyong the term of its own lease of said rremises.
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<br />In consideration of said leasing by first Tarty to second party, said second party 11
<br />contracts and agrees to pay said first party on tqe day of February 1929, the sum
<br />of One Hundred Dollars (:JI00.04) for the rental of said -rremises for said year and
<br />in Ease of a- renewal of the term for another year at the expiration of the first year
<br />of the tenancy, then said 'second party shall psy to said first party a like sum of
<br />• One Hundred Dollars ($I00.00) at the beginning of the second year of the tenancy, Said lj
<br />second party shall give notice in writing to said first party at lease thirty (30)
<br />days before the expiration of the said first wear of the tenancy of its intention to j
<br />continue the lease by the acceptance of said option. it
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<br />. Said second party shall have the right to erect any building it may desire upon
<br />the above described and leased premises, which building shall conform to the specifi
<br />gations approved by the said first g.-rty, its Board of Public Works or Manager of the
<br />Airpport that the said Board of Public Works may appoint; which building it may remove
<br />atii�ts option, at the expiration of the one year .term of the lease and in the event of
<br />a renewal of said term for another year then at the expiration of said second term,
<br />of the lease, but in removing said buildings the premises shall be left in as good ord
<br />and condition as tgey are now in.
<br />Said second party shall have the right to use the saiel premises hereby leased to it
<br />for its own ship hangers and for a flying school and it may use the other portion of
<br />the premises first hereinafter described in Its flying school instructions, but all
<br />such uses shall be subject to the rights of said first party as well as the rights
<br />of the said St. Joseph Valley Aviation Club, incorporated, as set out in their said
<br />agreement, copy of which is attached hereto,.
<br />Said second Harty shall also have the right to carry supplies and TRits for
<br />aeroplanes for its own use and for sale to other aeroplanes users, except gasoline and
<br />oile for the purpose of sale, however, said second party shall have the right to fuel
<br />or furnish gasoline or oil for its own planes.
<br />Said second party shall have the right to transfer freight and passengers and use t
<br />the said leased premises as an aeroplane service station, such right however, shall
<br />not be exclusive for said second party's use of the said premises shall be such as aril
<br />not interfere in any way with the operation of mail planes or airmail service.
<br />Said second Tarty receives no right hereby to occupy the other buildings upon said
<br />first described premises, except by special permission of the Board of Public Wor'ts or
<br />its duly authorized Airport Manager.
<br />Said second party will in all things conform with the rules and reglairements of
<br />the Department of ommerce_and the•laws of the State of Indisma concerning aviation
<br />now in force and that may hereafter be enacted and that they will not use any airships
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