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Memorandum, David A. Phillips, Jr. to Helmuth J. Naumer, with attached notes; also attached: translation of Dr. Andre von Segesser letter 7-30-87, and draft of proposed reply., 8-11-87:

 Item — Folder: 52

Scope and Contents

Dr. Andre von Segesser letter (above) "visualized" a price of $600,000.00; refers to drop in dollars vs. francs. Insists on $400,000.00. Pressing for decision.

David A. Phillips, Jr. 's draft letter declares that Foundation is ready to make formal offer in the form of a lease-purchase option.

Lease-purchase option (proposed): 1. Loan extended for 1 year; payment $5,000.00.2. Further extensions, $5,000.00 each, for successive 6-month terms, up to 6-30-89.3. Purchase option during period 6-30-88 to 6-30-90, at upward sliding scale from $400,000.00 to $480,000.00

Helmuth J. Naumer inquires whether loan extension payments can be applied against purchase price.

Dates

  • 8-11-87:

Language of Materials

From the Collection: English, Spanish, and German.

Access Restrictions

None

Extent

From the Collection: 4 Linear Feet

Repository Details

Part of the Fray Angélico Chávez History Library Repository

Contact:
Fray Angélico Chávez History Library
New Mexico History Museum
113 Lincoln Ave
Sante Fe NM 87501 USA
(505) 476-5090