21 



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 par- 

 ties 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 build- 

 ings 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 suc- 

 cessor or successors, nor the Mayor, Aldermen and Common- 

 alty of the City of New York, shall be in any manner charge- 

 able 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, library and collections, or such portion thereof as 

 can be properly displayed to the public therein, and shall 

 have and enjoy the exclusive use of the whole of said build- 

 ing, subject to the provisions herein contained, and the rules. 



