xt7qnk361p0s_850 https://exploreuk.uky.edu/dips/xt7qnk361p0s/data/mets.xml https://exploreuk.uky.edu/dips/xt7qnk361p0s/data/88m6.dao.xml Inland Steel Company 185 Cubic Feet archival material 88m6 English University of Kentucky Copyright has not been assigned to the University of Kentucky  Contact the Special Collections Research Center for information regarding rights and use of this collection. Wheelwright Collection Coal miners -- Housing -- Kentucky. Coal mines and mining -- Appalachian Region -- History. Company towns -- Kentucky -- Wheelwright. Community development -- Kentucky -- Wheelwright. Coal mines and mining -- Kentucky -- Wheelwright Houses 62-104 text Houses 62-104 2016 https://exploreuk.uky.edu/dips/xt7qnk361p0s/data/88m6/Box_309/Folder_18/5296.pdf section false xt7qnk361p0s_850 xt7qnk361p0s ._.___—Mm
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 MOUNTAIN INVESTMENT, INC.
P. 0. BOX 357 PHONE 606-457-2761 PLscsz ADDRESS {REPLY Toia‘l d
WHEELWRIGHT, KENTUCKY 41669 _ 530 Man can Her tage g.
’ ' Jacksonville, Fla. 32202
June l8, 1969
Mr. John Allen
Attorney at Law
Post Office Box 44l
Prestonsburg, Kentucky 4l653
Dear John:
Enclosed is deed prepared covering Lot No. 91
Wheelwright, to Delbert Davis and Opal Davis, his wife
purchasers, also copy of the plat covering the same property and
the original of the disbursement letter to Pikeville National Bank
5 Trust Co., Pikeville, Ky. which will act as
escrow agent for this transaction.
Please certify the deed and forward the papers to the escrow
agent, advising us when this has been accomplished.
Cordially,
MOUNTAIN INVESTMENT, INC.
W
(Form 69—16)

 MOUNTAIN INVESTMENT, INC.
(MICO)
WHEELWRESliT‘BleXNaTEZCKY 41669 PHONE 606457-2761 PLEASE ADDRESS REPLY TO:
’ 530 American Heritage Bldg.
June 13, 3969 Jacksonville, Fla. 32202
Pikeville National Bank 8v Trust Company
Pikeville, Kentucky MSOl
Gentlemen:
Re: Sale of House No. 9’
Enclosed is executed deed to the above captioned real estate, running
to Delbert Davis and Opal Davis, his wife
(Grantee(s).
Liberty National Bank 8 Trust Company, Louisville, Kentucky, will shortly
deliver to you an executed release of this property From the mortgage
held by it; also its disbursement letter.
Please collect the full amount of the purchase price of FTVG Thousand
Five Hundred 5 00/100 - - - - v - ‘ ($5,500.00) Dollars, and
. remit 60% thereof to Liberty National Bank of Louisville, Kentucky, in
accordance with its disbursement letter above mentioned, In addition,
please collect from the purchaser the sum of $30.00 For the enclosed
plat of the property, and $38.50 closing costs.
Recording Fees for the deed and For the release are to be charged against
Closing costs, as is the tax due the State of Kentuckya
The net proceeds due Mountain Investment, Inc., the $30.00 charge for the
plat, and the net closing costs (after disbursements authorized above),
are to be deposited in the Nonuoperating Account of Mountain Investment,
Inc. in your bank, with advice to us showing all receipts and disburse—
ments of the transaction, accompanied by a duplicate deposit slip.
Yours very truly,
MOUNTAIN INVESTMENT, INC.
///7
Fresident
Notice to:
Escrow Aggqt
(Form 68-ll) Lot No. _
(Rev. 5-1—69)

 MOUNTAIN INVESTMENT. INC.
(MICO)
P. 0. Box 357 PHONE 606 457 2761 PLEASE ADDRESS REPLY To:
WHEELWRIGHT. KENTUCKY 41669 ' '
June 18’ 1969 530 American Heritage Bldg.
Jacksonville, Florida 32202
Liberty National Bank 6 Trust Company
Post Office Box lh99
Louisville, Kentucky 40502
Attention: Mr. John Y. Van Bibber, Vice President
_ Gentlemen:

Enclosed is copy of deed from Mountain Investment, Inc. to
Delbert Davis and Opal Davis, his wife , Covering
sale of L°t No. 9] . Please prepare a partial release
by Liberty National Bank 8 Trust Company of its mortgage on this proper-
ty and for-ward it toPikeville National Bank 5 Trust Company, Pikeville, Ky.

__________________________________________________
which is Escrow Agent for this transaction.

We have sent the original deed, and plat, together with our dis—
bursement letter, to our Kentucky attorney, for his certification of the
deed. He is then to forward the documents to the escrow agent.

Your letter to the escrow agent covering the release of these
properties should contain instructions as to disbursement of the pro— '
ceeds of this sale in accordance with the terms of your mortgage.

If there is any further information required, please advise.

Yours very sincerely,
MOUNTAIN INVESTMENT, INC.
j
9579
President
(Form 69—l9) '
(Rev.5/l/69)

 THIS DEED OF CONVEYANCE made and entered into as
of June 23 I9 92_, by and between Mountain
Investment, Inc., a Kentucky Corporation, party of first part, and

Delbert Davis and Opal Davis, his wife
_ ,
party (ies) of second parto

WITNESSETH: That for and in consideration of the sum
of Five Thousand Five Hundred 8 OO/IOO - - - - - - - - ~ ($5,500.00)

.
Dollars cash in hand paid, and other valuable consideration, the receipt
and adequacy whereof is hereby acknowledged, party of first part does
hereby bargain, sell, grant, convey, transfer unto second parties, their
heirs and assigns, the following described property to-wit:
A tract or parcel of land lying and being in
Floyd County, Kentucky on Otter Crook of Left Beaver
Creek in the Town of Wheelwright and being Lot No. 9i,
including the Dwelling House and appurtenance thoro-
unto belonging, located on said lot or parcel of land
of the Wheelwright Subdivision as shown by first party's
map or plat in File No. 3&8, Records of Floyd County
Clark's Office.
Being part of the same property conveyed to party
of the first part by Island Crook Coal Company by Dead
dated November 9, l966 and recorded in Dead Book l9l at
page fink, Records of the Floyd County Court Clerk's
Offi C6.

This conveyance is subject to the exceptions and reserva-
tions contained in those two instruments of conveyance from Island Creek
Coal Company to party of the first part, referred to herein for Source of
title and which are dated November 9, 1966, and recorded in Deed Book 191
at page 501 and at page 50#, and ALSO in those certain deeds executed by
party of the first part to Harold Telephone Company and Tel—Com, Inc.,
dated June 15, 1967 and recorded in Deed Book 193 at pages 271, 273, and
275, records of the Floyd County Court Clerk's office, and ALSO deed of
conVeyance from first party to Kentucky Power Company dated December 29,
1967, and of record in Deed Book 195 at page #25, records of the Floyd
County Court Clerk's Office.

 1

First Party hereby further reserves a right of way
and easement with right of egress and ingress and entry on and over
said premises for the purposes of maintenance, operation, repair, re—
placement, relocation and removal, in whole or in part, of any and all
of the water, gas, electric, telephone and CATV lines and cables, sewer
mains, connections and service lines as now located on said premises in
its operation of said facilities, which right of way and easement shall
endure as long as Said systems or any part thereof are operated by
first party, its successors or assigns.

TO HAVE AND TO HOLD unto the parties of second part,
their heirs and assigns forever, with covenant of General Warranty of
Title, subject to the exceptions and reServations contained hereino

IN TESTIMONY WHEREOF first party has caused this
instrument to be executed by its President and duly attested by its
Secretary as of the day and year first herein written.

MOUNTAIN INVESTMENT, INC.
By (S) Gordon Brown
President
ATTEST:
(8) Frank M. Arnall (SEAL)
Secretary

 (
STATE OF FLORIDA
COUNTY OF DUVAL
I, Mary J. Boney , a
Notary Public within and for the County and State aforesaid, do
hereby certify that the foregoing deed of conveyance from Mountain
Investment, Inc. to Delbert Davis and Opal Davis, his wife
dated June 23, 1969
was produced to me in said County and State by Gordon Brown
as President of Mountain Investment, Inc., a corporation, party of I
first part, and was acknowledged by him as its President thereunto
duly authorized to be his act and deed for the purposes therein
stated and Same was duly attested by Frank M' Arnall as
Secretary of said corporation who duly affixed to said instrument the
- corporate seal thereto as its Secretary.
Given under my hand and official seal of office this
the 23rd day of June 1969 a
My Commission expires on the 20th day of February
1913.
(8) Mary J. Boney (SEAL)
Notary Public — Duval County
Florida
I hereby certify that the
foregoing Deed of Conveyance
was prepared by:
' Attorney

 . ,«
AGREEMENT OF PURCHASE
THIS AGREEMENT; made and entered into as of the 13 day of
June _ l9_£fi% by and between Mountain Investmentj l’ncarj herein
sat led “Owner“ and - .__,e_.. sings; Davis; Hams .=i_fcs.,,_,m_ CI
herein called “Buyers“
w I T N E S S E T Hg
THAT WHEREAS “Owner” has Offered to sell to “Buyer” Lot No. 91
located in its Wheelwright Sub=division, Floyd County, Kentucty, as shown on
map or plat in File 3H8? Floyd County Court Clerkls Officep and improvements
thereon except as hereinafter set out; for the swnof $5 509 QQ 5 and,
in addition “Buyer“ shall pay the sum of $38 00 closing costs and $30r00 for
survey plat to be supplied by “Owner”, all of which is to be paid as follows:
$ 1LX),OO down payment, the receipt of which is hereby ackr
nowledged, and the balance of $ 5 l+§8l50 , (which includes closing costs
and the survey plat cost) on date of closing, and upon delivery of deed of
conveyance to “Buyer“ with covenant of General Warranty of Title, subject to
the exceptions and reservations contained in those two instruments of convey:
ance from Island Creek Coal Company to “Owner“, referred to herein for_source
of title and which are dated November 9, l966, and recorded in Deed Book l9l
at page 50A, and \LSO in those certain deeds executed by ”Owner“ to Harold
Telephone Company and Tel-Com.; Inc; dated June l5, l967 and recorded in Deed
Book l93 at pages 27l, 273, and 275, records of the Floyd County Court Clerkls
Office, and ALSO deed of conveyance From ”Owner“ to Kentucky Power Company
dated December 29, l967, and of record in Deed Book 195 at page 425, records
of the Floyd County Court Clerkls Office.
; It is agreed that time is of the essence of this agreement and
. that this transaction shall be closed, all money due hereunder shall be paid
to ”Owner“ and the deed herein provided for shall be delivered to lgBuyer“ on
or before‘gflglx 15, 1262 >_, In evant'fiuyer“ does not pay the
balance as herein provided on or before the closing date then the down payment
herein provided shall be retained by 5"Owner“ as liquidated damages hereunder;
and this agreement is then void, .
(Form 69xl7=Page l} ,

 ”.stimatefi tates for the your 19$? shall Fe pro—rated to the 542$
of closing, based upon the tax rates 'or the flity of vheeluri ht,
nemtucny » seventy five cents per hundred dollars ( v.75 yer ,1;u),
and segonty two and tweatenths cents per hundred dollars ( O.7&-£/l©¢
per clue,; of value for the County of Floyd, Lentucky."

The closing shall be at i—r’ikeville Tatiana-s1 an; (:1:

Jrusz Uompauy, rikevilla, hentucky.

At the time of closing all rents and utilities due by ”Buyer”
to l'Owner“ shall be fully paidc All rents on said property shall be adjust- ‘
ed pro-rata to the date of closing, ”

Possession will be given ”Buyer'I on ;fi]]¥ Jufl Juég .

Any further notice necessary under this agreement may be sent
by mail to the last known address of the party to be notified.

I The words ”Buyerll and “Owner“ herein employed shall be con-

-, strued to include the plural as well as the singular, and this contract shall
be binding upon their heirs, administrators, executors, successors and as-
signs, and the masculine shall include the feminine and neuter, where the
context so admits or requireso

IN WITNESS WHEREOF, ”Owner“ has caused this instrument to be
executed by its duly authorized officers and ”Buyefl' has duly executed same
as of the day and year first above writteno

MOUNTAIN INVESTMENT, INC.
..;/-
ATTEST: /_// /
(ByL/ ,1: QEZL'A/ZécvfigLJ—xe
/ {/g-chs
Secretary
/( _, 7"» /’!‘ ‘ ' L.
J; .2. “ l 1’ IL "(LLwi-aka’xww“
”Buyer“
Kfiflccf, (jxxekflw
, ”Buyer“
(Form 69—l7 Page 2)

 .QMW W fl/é‘jf
TEL.886-24~31
June 26, 1969
likeville rational sank £ Trust Co.
fixeville. Kentucky
Gentlemen: to: Mountain Investment into
JGSJ “an" pl
Jelbert eavis and upal Jayme
;nclcsed is deed of conveyance from mountain Investmen;. lg{., to
(333 )elhert Davis and Cpal 9avis, his wife, with letter of instruction addressed
I ‘/ to you from Mr Gordon Brown, President of Jountain Investment, Inc. dated
June 189 19693
Ycu are to deliver to Delbert Daiis and Opal Javis, this iced
33:) area their czmpllance mith the letter 3? instruction and receipt of release
of lien from Libertv National Bank and Trust Compenyo
3 33 / ‘2." gr; truly. /
' A , ..F f,"
, r‘ ,I 4 g, . .-.l
///,I‘*£;VV’O‘“V Lb
. 3/ ‘
ficpy to: 3 ,
Mr Gordon Brown, President
Mountain Investment, Inc.,
530 American Heritage Building
Jacksonville, Fla. 32202

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(Farm JEILI)

 MOUNTAIN INVESTMENT, INC.
(MICO)
P. O. Box 357 PLEASE ADDRESS REPLY To:
WHEELWRIGHT, KENTUCKY 41669 PHONE 6064512761
A tract or parcel of land lying and being in Floyd
County, Kentucky on Otter Creek of Left Beaver Creek in
the Town of Wheelwright and being Lot No. 91, includl ng the
Dwelling House and appurtenance thereunto belonging, lo-
cated on said lot or parcel of land of the meelwright
Subdivision as shown by first party's map or plat in
File No. 348, Records of Floyd County Clerk‘s Office.
Bel ng part of the same property conveyed to party of
the first part by Island Creek Coal Company by Deed dated
November 9, l966 and recorded in Deed Book l9l at page 501-I,
Records of the Floyd County Court Clerk's Office.
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Vacant 5.1:;
MOUNTAIN INVESTMENT, INC.
President

 . /
/7" ‘ ‘
MOUNTAIN INVESTIVIENT, INC. 3:;/f6:
P. O. BOX 357 4 7 2761 PLEASE ADDRESS REPLY TO:
WHEELWRIGHT, KENTUCKY 41669 PHONE 606- s ' 530 Ameri can Heritage Bldg.
Jacksonville, Fla. 32202
June l3, 1969
Mr. John Allen
Attorney at Law
Post Office Box Hfil
Prestonsburg, Kentucky hl653
Dear John:
Enclosed is deed prepared covering Lat No. 9?
Wheelwright, to Delbert Davis and Opal Davis, his wife
purchasers, also copy of the plat covering the same property and
the original of the disbursement letter to Pikaville National Bank
8 Trust Co., PikeVilles Ky. which will act as
escrow agent For this transaction.
Please certify the deed and forward the papers to the escrow
agent, advising us when this has been accomplished.
Cordially,
MOUNTAIN INVESLTLgENT, INC.
(Form 69-l6)

 1 .
MOUNTAIN INVESTMENT, INC.
(MICO)
p. 0. BOX 357 PHONE 6064512761 PLEASE ADDRESS Tum To:
WHEELWRIGHT, KENTUCKY 41669
June IS’ I959 530 American Heritage Bldg.
Jacksonville, Florida 32202

Liberty National Bank 8 Trust Company
Post Office Box l499
Louisville, Kentucky 40502
Attention: Mr. John Y. Van Bibber, Vice President I
Gentlemen:

Enclosed is copy of deed from Mountain Investment, Inc. to
Delbert Eavis and Opal Davis, his wife , covering
sale of Lot “0' SI . Please prepare a partial release
by Liberty National Bank 6 Trust Company of its mortgage on this proper—
ty and forward it toPikeville National Bank Er Trust Company, Pikeville, Ky.
which is Escrow Agent for this transaction.

We have sent the original deed, and plat, together with our dis-
bursement letter, to our Kentucky attorney, for his certification of the
deed. He is then to forward the documents to the escrow agent.

Your letter to the escrow agent Covering the release of these
properties should contain instructions as to disbursement of the pro-
ceeds of this sale in aCCordance with the terms of your mortgage.

If there is any further information required, please advise.

Yours very sincerely,
MOUNTAIN INVESTMENT, INC.
' _.‘—_‘Tesm

(Form 69-l9) '
(Rev.5/l/69) I

 530 American Heritage Bldg.
Jacksonville, Fla. 32202
August 7, 1969 ‘
Helton & Linton
Accountants
Post Office Box 111
Pikeville, Kentucky 41501
Gentlemen:
Enclosed are photOCOpies of two deposit slips to our
Pikeville National Bank & Trust Company Non-Operating
Account.
The slip dated July 26 1969 records the sale of Lot 201
to Elmer Ferguson for $5,500.00, with payment of $3,360.50
to Liberty National Bank, and deposit of $2,197.10 to our
account.
Our cost on this property was $1,370.00.
The slip dated August 1, 1969 records the sale of Lot 91
to Delbert Davis for $5,500.00. A deposit of $100.00 was
previously paid by Mr. Davis on this transaction and was
deposited in our Pikeville National Non-Operating kccount.
This slip records the sale or this property to Mr. Davis
at $5,500.00 with payment of $3,364.72 to Liberty National
Bank and deposit of $2,086.78 to our account.
Our cost on this property was $1,204.00.
Please spread this information on.the mountain Investment
records you are keeping in your office.
Very truly yours, 1
Gordon Brown
GB/hw
Encl. '

 July 1, 1969
Helton & Linton
Accountants V
Post Office Box 111 '
Pikeville, Ky. #1501
Gentlemen:
Deposits in our Pikeville National Bank Non-Operating Account since our letter of
May 27, 1969 to you are as follows:
May 30 - Julia Davis ~ Deposit on purchase of Lot 162 $100.00
June 13 - Julia Davis - Pro- rata share of taxes on Lots 162-165-
h38 166 116.97
June 13 - Julia Davis — Deposit on purchase of Lot k438 for
Earl Moor 100.00
June 19 - Delbert Davis - Deposit on purchase of Lot 9lri’:/:g: 100.00
June 19 - Paul M. Watson — deposit on purchase of Lot 87 — - - 100.00
June 19 - Harold Morrison — deposit on purchase of Lot 88 - - 100.00
June 27 - Elmer Ferguson - deposit on purchase of Lot 201 50.00
" " Pre—payment of Pro~rata share of
1969 Taxes on Lot 20l h7.18
June 27 - Vernon F. Bailey (for Mary Bailey) - deposit on
purchase of Lot 452 100.00
June 21 - Felmon P. Blackmon - Purchase of Lot 312 1,395.86
June 27 ~ Julia_Davis - Purchase of Lots 162-165—166 5,h63.38
Details of the closing figures on the last two items are shown on the deposit slips.
Our Costs on Lot 312 was - $ 978.00
Lot 165 - 783,00
Lot 166 - 783.00
Photocopies of all of the deposit slips listed above are enclosed.
Please note that we are collecting taxes for the unexpired portion of the year in same
instances. It is our understanding that since the properties in question were on the«
tax rolls in our name at the beginning of the taxable year we will be required to pay the
taxes in full when they are due. We are therefore collecting at the time of sale for -
taxes applicable for that portion of the taxable year from the date of purchase to the
, end of the year and will plan to pay the whole taxes when due at the end of the taxable
year. Please advise us as to how this should be handled on our books.
Very truly yours,
Gordon Brown ,
GB/mw.
Encl.

 _ s

we. z. fem. »— 7
Mrs. Delbert Davis
Present
House No.

91
Interested in House No.

91
Appraisals '3
NO. 91 SRA---b150 IC--—ZEEBS
Rent----$6S .00
are:

, 5 $7 000.00
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 MOUNTAIN INVESTMENT, INC.
(MICO)
P. 0. BOX 357 PHONE (506-457-2761 PLEASE ADDRESS REPLY To:
WHEELWRIGHT. KENTUCKY 41669 I .
530 American Heritage Bldg.
June 18, 1969 Jacksonville, Fla. 32202
Pikeville National Bank 8 Trust Company
Pikeville, Kentucky lilSOl
Gentlemen:
Re: Sale of House No. 91
Enclosed is executed deed to the above captioned real estate, running
to Delbert Davis and Opal Davis, his wife
5 (Grantee(s).
Liberty National Bank 8 Trust Company, Louisville, Kentucky, will shortly
deliver to you an executed release of this property from the mortgage
held by it; also its disbursement letter.
Please collect the Full amount of the purchase price of Five Thousand
Five Hundred 8 00/100 - - - - - - - ($5,500.00)a— DoilarS, and
. remit 60% thereof to Liberty National Bank of Louisville, Kentucky, in
accordance with its disbursement letter above mentionedo In addition,
please collect from the purchaser the sum of $30.00 For the enclosed
plat of the property, and $38.50 closing costs.
Recording fees for the deed and For the release are to be charged against
closing costs, as is the tax due the State of Kentucky,
The net proceeds due Mountain Investment, Inc., the $30.00 charge for the
plat, and the net closing costs (after disbursements authorized above),
are to be deposited in the Non—operating Account of Mountain Investment,
Inc. in your bank, with advice to us showing all receipts and disburse-
ments of the transaction, accompanied by a duplicate deposit slip.
Yours very truly,
MOUNTAIN INVESTMENT, INC.
/52
”ZZZ
BY...____:'___________
President
Notice to:
Escrow Agent
(Form 68—ll) Lot No. 91
(Rev. 5—1—69)

 _ 1
AEEEEMENT OF PURCHASE
THIS AGREEMENT, made and entered into as of the '33 day of
grune =‘l9_::9 by and between Mountain Investment, Inca, herein
cal led “Owner“ and , I'll] hm 1.7+] .;;; s 7 I u. my .- Di 3:1 5 H! s "ii is. _ “,,.
herein called “Buyer.“
W I T N E S S E T H:

THAT WHEREAS “Ownerli has offered to sell to “Buyer” Lot No. 9:
located in its Wheelwright Subndivision, Floyd County, Kentucty, as shown on
map or plat in File 348, Floyd County Court Clerkls Office, and improvements
thereon except as hereinafter set out, for the swnof $5 500 00 , and,
in addition ”Buyer“ shall pay the sum of $38 00 closing costs and $30 00 for

' survey plat to be supplied by ”Owner”, all of which is to be paid as follows:
$ JCK) 00 down payment, the receipt of which is hereby ackx
I nowledged, and the balance of $ 5 hfifi 50 , (which includes closing costs
and the survey plat cost) on date of c.osing, and upon delivery of deed of
conveyance to “Buyer“ with covenant of General Warranty of Title, subject to
the exceptions and reservations contained in those two instruments of convey-
ance from Island Creek Coal Company to ”Owner”, referred to herein for source
of title and which are dated November 9, E966, and recorded in Deed Book 191
at page 504, and lLSO in those certain deeds executed by “Owner“ to Harold
Telephone Company and Tevaom., Inc. dated June l5, l967 and recorded in Deed
Book l93 at pages 27l, 273, and 275, records of the Floyd County Court Clerkls
Office, and ALSO deed of conveyance from “