White Sulphur Springs: Gay & others, vs. The White Sulphur Springs Co & others, August 20, 1875
The right of the White Sulphur Springs Company to build a hotel at the depot of the Chesapeake & Ohio Rail Road is transferred to Geo. L. Peyton & Co. After five years the White Sulphur Springs Company can buy the hotel for its appraised value.
… On the Petition of the White Sulphur Springs Company this day filed, it is ordered that the proposition of George L. Peyton & Co, as set forth in the exhibits 3V4 filed with said petition should be accepted: It is therefore adjudged, ordered & decreed that the right of the White Sulphur Springs Company to erect a hotel at the depot of the Chesapeake & Ohio Rail Road at the White Sulphur Springs be & the same is transferred to the said Geo. L. Peyton & Co. upon the following terms.
The Hotel to be erected at the depot aforesaid shall be such as to fulfil the requirements of the agreement between the said White Sulphur Springs Company & the said Chesapeake & Ohio Rail Road Company as shown by the records of the Circuit Court of Greenbrier County. The said Hotel shall cost not less than Twenty Thousand ($20,000) Dollars, nor more than Forty Thousand ($40,000) Dollars and shall be commenced without delay & completed by June 1, 1876, & be kept insured by the said George L. Peyton & Co. at their cost: and the said George L. Peyton & Co. shall pay all taxes chargeable against said hotel, And the said Hotel shall be held and occupied by the said Geo L. Peyton & Co. for the term of five years from the first day of November 1875 … & at any time after the expiration of the said term of five years the said hotel may be taken and paid for by the White Sulphur Springs Company or their vendees at the valuation of appraisers … The said Geo L. Peyton & Co. shall before erecting the said hotel submit the plan & specifications thereof to Henry M. Mathews Special Commissioner in this cause for his approval …
A Copy Teste. Jasper Y. Moore
Clerk U. S. D. C. D. W.Va.