74 TIMBER BONDS 



(b) Also all the timber lying, standing 

 or being on 



The southwest quarter of the southwest 

 quarter of the southeast quarter of Section 

 Fifteen (15) ; the south half of the southwest 

 quarter, the northeast quarter of the south- 

 east quarter, and the south half of the 

 southeast quarter of Section sixteen (16) in 

 Township twenty-one (21) South of Range 

 eleven (11) West of the Willamette Meridian, 

 — together with the right to enter, cut and 

 remove the same at any time within twenty 

 (20) years from April 18, 1907, and together 

 with the exclusive right to use said premises 

 for logging purposes for the said period of 

 twenty years; 



(c) Also all the timber lying, standing or 

 being on 



The west half of the northeast quarter, the 

 southeast quarter of the northwest quarter 

 and the northeast quarter of the southwest 

 quarter of Section nine (9) in Township twen- 

 ty-two (22) South of Eange eleven (11) West 

 of the Willamette Meridian, — together with 

 the right to enter, cut and remove the same at 

 any time within thirty (30) years from June 

 21, 1907, and together with the exclusive right 

 to use said premises for logging purposes for 

 said period of thirty (30) years; 



(d) Also all the timber lying, standing 

 or being on 



Lot seven (7) (or southeast quarter of the 



