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Title: Contract between the Board of Trustees and Collier & Waitt, December 20, 1844: Electronic Edition.
Author: University of North Carolina (1793-1962). Board of Trustees
Funding from the University Library, University of North Carolina at Chapel Hill supported the electronic publication of this title.
Text transcribed by Bari Helms
Images scanned by Bari Helms
Text encoded by Brian Dietz
First Edition, 2005
Size of electronic edition: ca. 16K
Publisher: The University Library, University of North Carolina at Chapel Hill
Chapel Hill, North Carolina
2005
© This work is the property of the University of North Carolina at Chapel Hill. It may be used freely by individuals for research, teaching and personal use as long as this statement of availability is included in the text
The electronic edition is a part of the University of North Carolina at Chapel Hill digital library, Documenting the American South.
Languages used in the text: English
Revision history:
2005-06-29, Brian Dietz finished TEI/XML encoding.
Source(s):
Title of collection: University of North Carolina Papers (#40005), University Archives, University of North Carolina at Chapel Hill
Title of document: Contract between the Board of Trustees and Collier & Waitt, December 20, 1844
Author: Trustees of the University of North Carolina
Description: 4 pages, 4 page images
Note: Call number 40005 (University Archives, University of North Carolina at Chapel Hill)
Editorial practices
The text has been encoded using the recommendations for Level 5 of the TEI in Libraries Guidelines.
Transcript of the contract. Originals are in the University Archives, University of North Carolina at Chapel Hill.
Original grammar, punctuation, and spelling have been preserved.
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Any hyphens occurring in line breaks have been removed, and the trailing part of a word has been joined to the preceding line.
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For more information about transcription and other editorial decisions, see the section Editorial Practices.
Contract between the Board of Trustees and Collier & Waitt , 20 December 1844
University of North Carolina (1793-1962). Board of Trustees



Page 1

These articles of Agreement made & entered into, this the 20th December 1844, by & between Isaac J. Collier & Kendall B. Waitt of the County of Orange & State of North Carolina of the one part and the Trustees of the University of North Carolina of the other part Witness that the said Isaac J. Collier & Kendall B. Waitt shall make & execute improvements on & to the East & West Buildings of the University of North Carolina at Chapel Hill and shall erect & build additions thereto of the forms & dimensions & according to the plans & specifications as set forth in the drawings & papers hereunto annexed; & the said Isaac J. Collier & Kendall B. Waitt shall at their own cost & charges find, provide, & deliver all & every kind of new materials of the best quality & description together with the goods & chattels cartage, scaffolding, tackle, tools, templets, rules, mould, matters & things labour & workman's help which may be necessary for the due proper & complete execution of what is herein required and shall accordingly erect, build, execute, perform, & finish to complete in a good sound & workmanlike manner, the several buildings & works agreeably & conformably in all & every respect to the specification, drawings, dimensions, & explanations & observations whereon herein referred to & all things incident thereto, which may become necessary according to the true intent & measuring thereof, although not specifically stated or described by, but

Page 2
which may be inferred from the aforesaid drawings & specifications. In case of frost or inclemency of weather, the said Contractors shall effectually cover, protect, & secure the several works, as occasion may require and all damage occasioned thereby, or by depredation, fire, or otherwise during the progress of the work shall be borne and reinstated by & at the expense of the said Contractors who are to deliver up the said buildings in the most perfect order and condition, fit for use & occupation which is to be judged of by the President of the Board of Trustees & the President of the University or such person as they may designate. And the said Contractors shall proceed with the said Buildings & works with all reasonable & proper dispatch consistent with the due & proper execution thereof so as to complete the same by the first day of June 1846. And the said Contractors shall enter into Bond in the Penal sum of Ten thousand Dollars with good & sufficient sureties conditional for the full perfect & complete performance of their contract herein entered into.
The Trustees of the University of North Carolina in consideration of the above Covenant contract & agreement and the due & faithful performance thereof engage to pay to the said Contractors the sum of Nine thousand and three hundred & sixty Dollars ($9360) the same to be paid in six installments; the first in advance & the others as the said works & buildings shall progress & be completed; that is to say, the sum of One thousand, six

Page 3
hundred Dollars ($1600) in advance; Seventeen hundred & sixty Dollars ($1760) when the walls are raised to the first floor; Two thousand Dollars ($2000) on the completion of the walls; Two thousand Dollars ($2000) when the roofs & floors are finished; One thousand Dollars on the completion of the Edifices & their delivery to & acceptance by the President of the Board of Trustees & the President of the University or the Agent they may appoint for the purpose; the remaining sum of One thousand Dollars ($1000) within four months after the whole work matters & things are completed & adjusted, upon which payment the said Contractors shall give a receipt in full of all demands.
In testimony of all which the said Isaac J. Collier & Kendall B. Waitt have hereunto set their hands & affixed their seals and the Trustees of the University of North Carolina have affixed the common seal of the Corporation the day & date first above written.

J. M. Morehead
Pres. Ex. Off. U.N.C.

I. J. Collier [scribal seal]

K B Waitt [scribal seal]

Test as to Collier & Waitt
Manuel Fetter
Charles Phillips


Page 4
Know all men by these presents that We, Isaac J. Collier , Kendall B. Waitt , John W. Carr, Jesse Hargrave , William Barbee , Patterson H. McDade , William O. McCauley and Jones Watson are held and firmly bound unto the Trustees of the University of North Carolina in the sum of Ten Thousand Dollars to the which payment well and truly to be made we bind ourselves, and our heirs firmly by these presents, signed with our hands and sealed with our seals this 20th day of December 1844.
The condition of the above obligation is such that whereas the above bounden Isaac J. Collier and Kendall B. Waitt have this day entered into the within written covenant contract and agreement with the Trustees of the University of North Carolina. Now if the said Isaac J. Collier and Kendall B. Waitt shall fully, perfectly and completely perform the said covenant contract and agreement in all its parts according to the true intent and meaning thereof, then the above obligation to be void, otherwise to remain in full force and virtue.

I. J. Collier [scribal seal]

K B Waitt [scribal seal]

J. W. Carr [scribal seal]

Jesse Hargrave [scribal seal]

Wm Barbee [scribal seal]

P. H. McDade [scribal seal]

Wm O McCauley [scribal seal]

Jones Watson [scribal seal]

Test.
Manuel Fetter
Charles Phillips