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Rainbow Ranche Collection

Letter from J. E. [John Edgar] McAllister to Mr. [James] Goldie, March 15, 1915 McAllister, John Edgar Mar 15, 1915

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 15   KING   STREET   WEST
TORONTO
March 15th,  1915.
Jas.  Goldie Esq,
Okanagan Centre, B.C.
Dear Mr. Goldie;
RE RAINBOW RANCH.
Your registered letter of 6th inst received, regarding
Eakins* deed for lot No. 60, also enclosures.
With regard to the latter, I note the letter o£ Jmgust
11th, signed by Geo. Wilkie of the Okanagan Valley Land Company, does
not specify what deeds are referred to therein, and therefore does not
give us any legal protection.     In the same connection, the letter of
Billings &  Cochrane to Eakins dated July HtJ^ is not signed by Mr.Cochrane as President of Maddock Bros. Limited.    These letters, therefore,
would not hold water.     The deeds, however* from Maddock Bros, to
Hunfjord and from Hunfjord to Eakins appear to be in order, and if the
property is in our name, we could deed it to Eakine, providing we had
clearance from Maddock, to whom we sond the property, or his successor,
the Okanagan Valley Land Company.     As previously noted, the letters
you enclose do not effectively give this clearance, but I, for one, am
willing to take a chance on this.
The deed howeveftfN|($tt Rainbow Ranch to Eakins, specifically states that Rainbow Ranch has received $1,190. for the property,
which is not the case, and I tMa^Ahis should be changed before it is
executed.    If you agree with this, and get Eakins to have the deed
made out in duplicate again, specifying a nominal consideration, for instance, $1.00,  I will execute as President, and return to you.   In
this connection, however, I w$s wondering whether the minutes of our last
meeting of May 23rd, 1914, would not also require Dorraerfs signature to
the deed, and would refer you to the last motion in those minutes.
Mr. Eakins must not think that we are trying in any way to
hold this matter up. It is too bad these delays should occur, but in
dealing with realty it seems to me we should have everything in order.
Meantime I will hold the papers intact until I hear from
you again.
Yours very truly,
jem/t

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