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HomeMy WebLinkAbout1757 , f ` ~l fi 1~'6~y~ AGREF~IENT FOR D IS POS ITION OF PROPERTY We, the unders igned , N~1TON YOUNG and MAMIE V. YOUNG , be in hu$band and wife and desirous of assuring each to the other that the property presently remaining in either of us shall be upon the death of either of ua, the sole and abeolute property in fee eienple of the survivor ~f us and the consideration between the parties being hereinafter set out with the conditions herein, to-wit : 1. WHIItEAS, the parties have mutually agreed to a separat on of a portion of their propertiee and have agreed amicablq that all of the rest ~d remainder of their properties shall be the property of the aurvivor of them fn the svent of the death of one; and 2. WHEREAS, NII~TTON YOUNa has on this date and prior thereto, given and bestowed upon MArtIE V. YOUNG certain properties a portion of which is a sum in excess of ~5,000.00 deposited in the account of MAMIE V. YOUNG ; and 3. WHEREAS, MAMIE V. YOUNG has cared for and tended to the needs of N~1TON YOUNG for theee five years last past and has agreed further to take care of him iti a loving and meaningful and attentative manner during the last years of his life; and 4. WHIItEAS , NE~TTON YOUNG has agreed to bes tow~ .upon and convey to MAMIE V. YOUNG, all the rest and remainder of his Estate not already heretof~~e "~tranaferred to her and that the said remainder shall move to her at the tiane of hfs death, and in addition, NEWTON YOUNG has agreed that it is his desire and intent on that so long as within the po~er of NII~TTON YOUNG, MAMIE V. YOUNG shall not be denied any of those necessaries which can be by him furnished to her in return for her Iove and care of him during his ~ last year~. ~ Now Therefore ~~upon the foregoing and for the intentions 3 as herein expressed, it is hereby- agreed as follows: ~ s" 1. That the parties have this date separated each to ~ n the other, certain items of property which shall be and is bq them ~ o v considered consideration for the ir pa~t act ions during the short ~ ~ o pea~od of their marriage and consideration for their mutual ~ ~ ~ promis es here . 2. That NEWTON YOUNG shall see to the support and main- tenance of MAMIE V. YOUNG ao long as he shall live and MAMIE V. ~ YOUNG shall see to the needs of NII~TTON YOUNG so long as she shall ~ live, each party in turn shall endeavor to be loving, attentive, ~ and compassionate in ths treatment, each of the other, during the remaind~ir of their livea together. 3. That thie Agreement shall be the Last Wfll and Testament and shall be considered a contractual relationehip between the parties irrevocable, and unchangeable by either of them individually w~thout the consent of the other, each acknowled ing and Acquiescing in the fact that the consideration for this agreement has alreadp been paid and acted upon in reliance upon the items and mattere and conditione set out herein. ~-y~ ~ 4. That thie tlgreement for Dispoeition of the Properties /QjN-~-e of the parties to the $urvivor of them may bg off red fo r ba e in any Court of compet~ :t 3urisdiction and that t~ie part~e~ ~o ~ie ~i7~ a~1'75~ , _ ¢ _ F~..r~s'X"l'? ~4s~ .fi - , f.i