FRANKLIN D. ROOSEVELT ESTATE AGENDA FOR APRIL 1, 1947 MEETING OF EXECUTORS This is a regulat quarterly meeting of the Executors held in accordance with the schedule of meetings adopted at the January 26, 1947 meeting. In addition to such matters as the Executors may wish to discuss, the following matters are submitted for consideration. I. Contract with Mrs. Roosevelt for purchase of real estate. Mrs. Roosevelt, on March 27, executed a contract for the purchase of the approximately 842 acres of real estate, with improvements, extending from Mariches creek to the eastern boundries of the estate property, at a price of $85,000. The contract contains a provision that the sale of the property on the agreed terms is subject to the approval of the Surrogate's Court. Mrs. Roosevelt has made an application for a mortgage loan to The Federal Land Bank of Springfield, Massachusetts, for the sum of $37,000. The local Dutchess County secretary of the National Farm Loan Association expressed the opinion that the application will be granted. The contract of sale as executed by Mrs. Roosevelt is submitted for the signitures of the Executors. II. Mrs. Roosevelt's letter of March 24, 1947 to the Executors. A copy of Mrs. Roosevelt's letter of March 24, 1947 to the Executors has been submitted to the Executors for their consideration prior to this meeting. In that letter she requests: (1) Permission to allow the farmer and his family and all live stock to remain in the present farm buildings until that property is sold or she is able to move them elsewhere, whichever should occur first. (MORE) |