TRANSFERRING LAND TO COLORADO FUEL AND IRON CORPORATION
AN ACT TO TRANSFER A CERTAIN TRACT OF PUBLIC LAND TO THE COLORADO FUEL AND IRON CORPORATION.
WHEREAS, the State of Delaware is owner of a certain tract of land lying beneath the waters of Delaware River offshore from the property of The Colorado Fuel and Iron Corporation in New Castle County beyond the low water mark and containing 93 acres more or less; and
WHEREAS, The Colorado Fuel and Iron Corporation has offered to greatly improve said land by filling it so as to create fast land and has entered into an agreement with the State Highway Department to pay fair and adequate compensation for a conveyance of said land; and
WHEREAS, the General Assembly deems it to be in the best interest of the State of Delaware for said land to be filled thereby increasing the useable area of this State; NOW, THEREFORE,
Be it enacted by the General Assembly of the State of Delaware:
Section 1. The State of Delaware does hereby grant and convey unto The Colorado Fuel and Iron Corporation, a corporation of the State of Colorado, its successors and assigns, all that certain piece or tract of land, situate in Brandywine Hundred, New Castle County and State of Delaware, more particularly bounded and described as follows:
BEGINNING at a point on the Northwest bank of the Delaware River, which point is distant the two following courses and distances from a point formed by the center line of the Wilmington and Philadelphia Turnpike with the Philadelphia, Baltimore and Washington Railway's South right of way line. (1) North 86° 26' 20" East 127.21 feet (2) along the West boundary line of the land of Texas Company South 6° 03' 20" East 2651.16 feet thence from said point of beginning South 20° 08' 13" East 758.23 feet to a point 1,800 feet distant from the center line of the United States Government Channel, Marcus Hook Range as per Corps of Engineers, U. S. Army, Delaware River Survey of 1954, Drawing #25602; thence South 69° 51' 47" West 5,510.69 feet parallel to and 1,800 feet distant from the center line of the said United States Government Channel, Marcus Hook Range to a point; thence North 20° 08' 13" West 711.37 feet to the low water line of the Delaware River; thence Northeasterly along the low water line on the Northwest side of the Delaware River 5,515 feet more or less by various courses to the point of beginning and containing 93 acres more or less.
Being and intended to be all of the underwater property of the State of Delaware abutting the property now owned by The Colorado Fuel and Iron Corporation from the property of the said The Colorado Fuel and Iron Corporation to a line 1,800 feet distant from and parallel to the center line of the said United States Government Channel, Marcus Hook Range.
Section 2. The Governor and Secretary of State of the State of Delaware are hereby authorized and directed to execute a good and sufficient deed granting and conveying said piece or tract of land to The Colorado Fuel and Iron Corporation, a corporation of the State of Colorado.
Approved April 3, 1958.