﻿130 
  PROCEEDINGS 
  OF 
  THE 
  CALIFORNIA 
  

  

  Statr 
  of 
  California, 
  ) 
  

  

  City 
  and 
  County 
  of 
  San 
  Francisco, 
  j 
  ^^' 
  

  

  On 
  this 
  eleventh 
  day 
  of 
  July, 
  a. 
  d. 
  1873, 
  before 
  me, 
  Samuel 
  Hermann, 
  a 
  

   Notary 
  Public 
  in 
  and 
  for 
  the 
  said 
  city 
  and 
  county, 
  duly 
  commissioned 
  and 
  

   sworn, 
  personally 
  appeared 
  James 
  Lick, 
  known 
  to 
  me 
  to 
  be 
  the 
  person 
  whose 
  

   name 
  is 
  subscribed 
  to 
  the 
  within 
  and 
  foregoing 
  instrument, 
  and 
  he, 
  the 
  said 
  

   James 
  Lick, 
  duly 
  acknowledged 
  to 
  me 
  that 
  he 
  executed 
  the 
  same. 
  

  

  In 
  witness 
  whereof, 
  I 
  have 
  hereunto 
  set 
  my 
  hand 
  and 
  affixed 
  my 
  otBcial 
  seal 
  the 
  

   day 
  and 
  year 
  in 
  this 
  certiflcate 
  first 
  above 
  written. 
  

  

  [l. 
  s.] 
  [Signed] 
  SAM'L 
  HERMANN", 
  

  

  Notary 
  Public. 
  

  

  Recorded 
  in 
  the 
  office 
  of 
  the 
  County 
  Recorder 
  of 
  the 
  City 
  and 
  County 
  of 
  

   San 
  Francisco, 
  July 
  26th, 
  a.d. 
  1873, 
  at 
  12 
  M.,in 
  Liber 
  712 
  of 
  deeds, 
  page 
  233. 
  

  

  [Signed] 
  A. 
  R. 
  HYNP^S, 
  

  

  County 
  Recorder. 
  

  

  After 
  reading 
  the 
  deed, 
  Prof. 
  Davidson 
  recalled 
  the 
  terras 
  of 
  the 
  

   previous 
  deed 
  of 
  February, 
  in 
  which 
  the 
  Acadoinj 
  was 
  obligated 
  to 
  

   raise 
  funds 
  sufficient 
  to 
  complete 
  the 
  building, 
  and 
  commence 
  its 
  

   erection 
  within 
  two 
  years 
  ; 
  and 
  in 
  case 
  of 
  subsequent 
  non-fulfilment 
  

   of 
  any 
  of 
  the 
  conditions 
  imposed 
  upon 
  us, 
  the 
  property 
  was 
  to 
  

   revert 
  and 
  revest 
  in 
  James 
  Lick 
  and 
  his 
  heirs 
  and 
  assigns. 
  The 
  

   members 
  had 
  thought 
  it 
  possible 
  to 
  raise 
  the 
  money 
  if 
  the 
  con- 
  

   ditions 
  were 
  hghtened 
  ; 
  and 
  he 
  had 
  conferred 
  with 
  Mr. 
  Lick 
  upon 
  

   the 
  subject, 
  with 
  a 
  reasonable 
  prospect 
  of 
  effecting 
  a 
  modification 
  of 
  

   the 
  conditions. 
  

  

  This 
  new 
  deed 
  continued 
  and 
  enforced 
  the 
  same 
  obligations 
  ; 
  and, 
  

   from 
  the 
  increased 
  size 
  of 
  the 
  building, 
  and 
  the 
  eastern 
  side 
  being 
  

   intended 
  to 
  face 
  a 
  block 
  comparatively 
  open, 
  the 
  cost 
  of 
  erection 
  

   would 
  not 
  be 
  less 
  than 
  1300,000, 
  whilst 
  the 
  taxes 
  and 
  assessments 
  

   would 
  amount 
  to 
  at 
  least 
  $5,000 
  per 
  annum. 
  These 
  and 
  other 
  

   objections 
  to 
  the 
  project 
  were 
  fully 
  stated 
  as 
  insuperable 
  ; 
  yet, 
  not- 
  

   withstanding 
  this 
  fact. 
  Prof. 
  Davidson 
  urged 
  the 
  Academy 
  to 
  accept 
  

   the 
  new 
  deed, 
  and 
  await 
  the 
  result 
  of 
  future 
  conferences 
  with 
  Mr. 
  

   Lick, 
  who 
  was 
  really 
  anxious 
  to 
  benefit 
  the 
  Academy. 
  It 
  was 
  no 
  

   burden 
  to 
  them, 
  as 
  the 
  taxes 
  and 
  assessments 
  were 
  paid 
  by 
  the 
  

   donor. 
  He 
  would 
  call 
  a 
  special 
  meeting 
  of 
  the 
  Trustees 
  at 
  once, 
  

  

  