Laserfiche WebLink
U <br />FEDERAL COAL LEASE SN:R]AT~ NO. C-U11/ly2 <br />containing 321 acrr,P of land more or less. <br />All the "C" seam coal contained in the following <br />described lands wt;tch are included in Federal Coal <br />Lease No. C-0117157; <br />T13S, R90W, 6th P,M „ Gunnison County, Colorado <br />Section 20: Beginning at the SW corner of Section <br />17, thence Southeast to a point 3UU <br />feet due South of the Southwest corner <br />of tt~e SE/4 of Section 1/, thence along <br />a line 50 feet North of the present <br />Bear Coal Company mine workings to the <br />East boundary line of SectionlU, <br />thence North along the east boundary <br />line of Section 20 to the common corner <br />of Sections 16, 17, 20 and 21, thence <br />West along the North boundary line of <br />Section 20 to the point of beginning. <br />n <br />t~J <br />ASSIGNOR does hereby except and reserve unto itself, its <br />successors and assigns, the following overriding royalty <br />interest: <br />As to any coal mined from that portion of C-0117192 <br />assigned hereby there shall be an overriding royalty <br />payable to Assignor in accordance with the following <br />schedule: <br />Average Value of Coal <br />$19.99 per ton or less <br />$20.00 to $21.99 per ton <br />Royalty Payable <br />25$ of the amount <br />payable to the <br />U.S. <br />35$ of the amount <br />payable to the U.S. <br />Page No. 2 <br />• <br />