Catalogue description Draft Conveyance

Whereby, having recited:- firstly the seisin by Hilda Frances Harvey (wife of Robert Harvey (formerly of 10, Lower Ford St) of 3, Catherine St., Coventry, grocer and provision-dealer) of property subsequently described; secondly that funds had been collected for the purchase in perpetuity of the premises for use by the Coventry Christian Fellowship sufficient to enable completion of the purchase with a £800 loan from the Leeds Provincial Building Society: therefore, firstly, in consideration of £1,000, H.F. Harvey sells to Cyril George Osborne Wright (of 15, Maudslay Rd., Coventry, engineering inspector), Robert Henry Major (of 18, Marriott Rd., Coventry, gauge-maker), Alfred Holmes (of 27, Park Rd., Abingdon, Berks., works superintendent), Reginald Walter Wright (of 70, Whoberly [sic] Ave., Coventry, tool-maker), Herbert Alfred Smith (of 83, Hampton Rd., Coventry, radial driller) and John Richard Major (of 5, Lythalls Lane, Coventry, insurance agent), trustees, 228 sq. yd. at Coundon Rd., Coventry (bounded northwest by a messuage formerly Robert Halpin's, southeast by a house once George Storer's, north-east by a passage ut infra, and southwest by the road) with no. 28 erected thereon, enjoying joint use of a 4 ft. wide passage (running along the property's north-east side) with the owners of the adjoining house (having mutual obligation to repair it), all subject to the covenants and conditions of a 16th. June, 1881 deed made between the Coventry Industrial and Provident Land and Building Society and George Storer; secondly, for repayment of £800, the trustees will charge the premises with a mortgage of £800 plus £5% p.a. interest; thirdly, the property is held in trust for use as a place of public worship and for other improving religious and social activites; fourthly, the trustees will allow the Fellowship to alter the house; fifthly, the trustees may let the premises according to their, and the Fellowship's, wishes; sixthly, the trustees may execute a further mortgage; seventhly, the trustees will apply any mortgage-money for improvements; eighthly, the trustees will hold any hereditaments purchased instead of these premises upon the same terms as the latter; ninthly, the trustees may insert their own provisions in any future mortgage; tenthly, the trustees will let the Fellowship conduct its own affairs with discretion, giving notice of special meetings upon the two Sundays beforehand; eleventhly, a majority resolution of a General Meeting will be sufficient to make changes (subject to this deed's stipulations) and the chairman will have a casting vote, but any Special Meeting resolution will require a 2/3 majority; twelfthly, an elected chairman will be necessary before the business of any meeting may be effected: thirteenthly, every meeting must have minutes, signed by the chairman; fourteenthly, the trustees' powers will be unfettered by the members; fifteenthly, if membership should fall below twelve, the trustees shall stand possessed of the land upon trust for charitable purposes decided by a majority of the remaining members; sixteenthly, the trustees may invite voluntary contributions; seventeenthly, provision will be made for the appointment of new, or discharge of old, trustees; eighteenthly, by resolution the Fellowship may at a special meeting revoke any part of this deed; and nineteenthly, the trustees promise to observe the 1881 deed's covenants.