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PERMFILE57608
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PERMFILE57608
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Entry Properties
Last modified
8/24/2016 10:59:56 PM
Creation date
11/20/2007 5:31:17 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1980003
IBM Index Class Name
Permit File
Doc Date
12/11/2001
Doc Name
HAROLD H CHRISTY COAL LEASE DOCS
Section_Exhibit Name
APPENDIX A Area 1
Media Type
D
Archive
No
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.~ <br /> <br /> <br />W. R. GRACE & CO. <br />/. MINING DIVISION <br />l STAPLETON PLAZA <br />9333 OUESBC STREET, SUITE 8800 <br />DENVER, COLORADO 80207 <br />13031 399-0779 <br />January 27, 1978 <br />Mr. Harold H. Christy <br />511 Polk Street <br />Pueblo, Colorado 81002 <br />SUBJECT: Grace File 1-300-008.00 <br />Coal Mining Lease <br />Dear Mr. Christy: <br />/-,?oo-GU F- a0 <br />Under the terms of the above captioned Coal Mininq <br />Lease, dated December 12, 1977, the first minimum monthly <br />royalty of $100 was due January 5, 1978. This payment, and <br />all further minimum monthly royalty payments, are a credit <br />against production royalties in accordance with Section 3 of <br />the Coal Mining Lease. <br />The Coal Mining Lease did not require the payment of a <br />minimum monthly royalty of $100 upon execution of the lease <br />on December 12, 1977. Grace's attorney, Ms. Christy Murphy <br />of Davis, Graham & Stubbs, and your attorney, Mr. Harry S. <br />Peterson, orally agreed at the closing that Grace would pay <br />a $100 minimum monthly royalty due December 12, 1977, and <br />that said minimum monthly royalty would be recoverable out <br />of production royalties. In accordance with this oral <br />arrangement and in accordance with Section 3 of the Coal <br />Mining Lease, Grace subsequently mailed its Check No. 12418 <br />in the amount of $200 to your account, No. 309-281-9, at the <br />- First National Bank of Pueblo, Colorado. <br />This letter is to confirm our mutual understanding and <br />agreement that the initial $100 payable to you on December 12, <br />as minimum monthly royalty for the period 12/12/77 to 1/5/78 <br />shall be recoverable out of production royalties in accor- <br />dance with Section 3 of the Coal Mining Lease dated December 12, <br /> <br />
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