2. Real Estate on Hand,
 
  The status and disposition to be made of the remaining real
estate after the sale of the East Tract to Elliott
Roosevelt was considered at length. With respect to the
West Tract at Hyde Park consisting of the 113 acres to the
rear of the Home of the Franklin D. Roosevelt National
Historic Site, it was unanimously agreed that for the time
being the asking price of $30,000.00 and the upset price of
$15,000.00 as per arrangements with Joseph P. Day, Inc. be
continued. Colonel Roosevelt was of the opinion that the
New York Central Railroad might be interested in that
property and that Joseph P. Day, Inc. be requested to
explore that possibility. Mr. Koons reported that Joseph P.
Day, Inc. has already had some contacts with the New York
Central Railroad but would explore that possibility
further.
 
    With respect to the 100 foot right-of-way running from the
Albany Post Road to the Hudson River and consisting of 6.4
acres, it was, after a full discussion, decided to revise
the previous instructions to Joseph P. Day, Inc. relative
to its availability for sale at this time. Mr. Koons was
authorized to advise Joseph P. Day, Inc. that if in its
opinion the sale of the right-of-way would render the West
Tract more salable, that at least a 50 foot right-of-way
could be sold at this time.
 
      Mr. Hackett reported that the one-half interest of the
Trustees in the Washington Hollow property held in trust by
John E. Mack has been placed in the hands of E. I. Hatfield
of Pough-
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