|
<br />e
<br />
<br />e
<br />
<br />..'
<br />KNOX W. ASKINS,.J. D., P.,(:.
<br />ATTORNEY AT LAW
<br />
<br />.JOHN 0, ARMSTRONG, .J,C,
<br />ASSOCIATE.
<br />
<br />702 W, F'AIRIOIONT PARKWAY
<br />P. 0, BOX 121B
<br />. LA PORTE., TEXAS 77571-1218
<br />
<br />TELEPHONE
<br />713 471-1888
<br />
<br />October 1, 1987
<br />
<br />Mr. Robert T. Herrera, City Manager
<br />City of La Porte - City Hall
<br />La Porte, Texas 77571
<br />
<br />Dear Bob:
<br />
<br />I enclose herewith Abstractor's Certificate on the Quaker Oats Pro-
<br />perty, as prepared by Commonwealth Land Title Company of Houstqn,
<br />together wi th their invoice, which I would appreciate your paying
<br />direct to them, in the amount of $100.00.
<br />
<br />The Abstractor's Certificate shows that Quaker Oats Chemicals, Inc.,
<br />, (
<br />sold the property to Southern Ionics, Inc., by Deed dated June 4,
<br />1986, with two mortgages for $750,000.00 each, and a mortgage pay-
<br />able to banks, and a mortgage for $1,450,000.00 payable by Southern
<br />Ionics, Inc., to Quaker Oats Chemicals, Inc., and a further mortgage
<br />of $3,750,000.00 from Southern Ionics, Inc., to Quaker Oats Chemicals,
<br />Inc.
<br />
<br />The Abstractor's Certificate shows no recorded option agreement, sale
<br />agreement, deed, or otherwise, from Southern Ionics, Inc., to Houston
<br />Chemical Services, Inc., nor to any other party.
<br />
<br />Copies of the recorded instruments are attached to the Abstractor's
<br />certificate.
<br />
<br />Yours very truly,
<br />
<br />~:f
<br />Knox W. ASk~0s, City Attorney
<br />~
<br />1t..
<br />.. .t~
<br />->-
<br />KWA:klw f
<br />cc: Mr. John Joerns, Assistant City Manag~r
<br />Honorable Mayor and City Council i~..
<br />. .OJ:::'
<br />./; ", i;'tf=~ ' .
<br />
<br />.
<br />
|