AN ACT RELATING TO THE PURCHASE OF THE RAILROAD STATION OF THE DELAWARE RAILROAD COMPANY AT DOVER, DELAWARE.
WHEREAS, the State needs additional office space and library space for the State Library Commission, and
WHEREAS, the Delaware Railroad Company has offered to convey to the State of Delaware for the use of the State Library Commission, the railroad station located on the easterly side of the railroad tracks at Dover, Delaware, and containing thereon a two-story brick and stone building, walkways, shelters and approaches thereto in consideration of the State of Delaware transferred all of its right, title and interest in and to those certain 5200 shares of stock subscribed for on the part of the State of Delaware in the Delaware Railroad Company by virtue of Chapter 634, Volume 11, Laws of Delaware, enacted February 24, 1859,
Be it enacted by the General Assembly of the State of Delaware:
Section 1. All of the right, title and interest of the State of Delaware in and to those certain 5200 shares of stock in the Delaware Railroad Company, acquired by virtue of the laws of Delaware in such case, matter and provided, the dividends on the certain stock having heretofore been assigned for the use and benefit of the Delaware Railroad Company, be and hereby are transferred, assigned and set over to the said Delaware Railroad Company upon the following terms and conditions:
(a) The Delaware Railroad Company shall convey by fee simple deed free and clear of liens and encumbrances to the State of Delaware, for the use of the State Library Commission, those certain premises located on the easterly side of the said Company's railroad tracks in Dover, Delaware, and the southerly side of Forrest Street, and located at the westerly terminus of Loockerman Street in the City of Dover in Kent County, State of Delaware, and being commonly known as the Railroad Passenger Station, and containing thereon a two-story brick and stone building, sheltered walkways and with the approaches thereto.
(b) That the said conveyance herein referred to shall be consummated on or before January 1, 1960.
Section 2. That the State Library Commission of the State of Delaware is designated as the coordinating State Agency.
Section 3. The proper officials of the State of Delaware are directed to execute such assignments and other instruments in writing as may be necessary to transfer all the right, title and interest of the State of Delaware in and to the said stock to the Delaware Railroad Company.
Approved September 24, 1959.