25 



Whereas, it is desired as well by the said party of the first part, 

 as by the said party of the second part, that, immediately upon the 

 completion and equipment of said building, the said party of the 

 second part should be established therein, and should transfer 

 thereto its Museum, Library and Collections, and carry out the 

 objects and purposes of the said party of the second part. 



Now, therefore, it is agreed by and between the said parties as 

 follows, namely : 



First. — That the said party of the first part has granted and 

 demised and let, and doth, by these presents, grant, demise and let, 

 unto the said party of the second part, the said building and the 

 appurtenances thereunto belonging, to have and to hold the same 

 so long as the said party of the second part shall continue to carry 

 out the objects and purposes defined in its charter ; or such other 

 objects and purposes as by any future amendment of said charter 

 may be authorized ; and shall faithfully keep, perform, and observe 

 the covenants and conditions herein contained on its part to be 

 kept, performed and observed, or until the said building shall be 

 surrendered by the said party of the second part, as hereinafter 

 provided. 



Secondly. — That neither the party of the first part, its successor 

 or successors, nor the Mayor, Aldermen and Commonalty of the 

 City of New York, shall be in any manner chargeable or liable 

 for the preservation of the said building or the property of the 

 party of the second part which may be placed therein, against fire, 

 or for any damage or injury that may be caused by fire to the said 

 property ; but it is agreed that, damages as aforesaid excepted, the 

 said party of the first part will keep said building, from time to 

 time, in repair. 



Thirdly. — That as soon after the completion and equipment of 

 said building as practicable, said party of the second part shall 

 transfer to, and place and arrange in, said building, its museum, li- 

 brary, and collections, or such portion thereof as can be properly 

 displayed to the public therein, and shall have and enjoy the ex- 

 clusive use of the whole of said building, subject to the provisions 

 herein contained, and the rules and regulations herein prescribed, 

 during the continuance of the term hereby granted, or until a sur- 

 render thereof, as herein provided. 



