This form is required only in those offices where many different subdivisions are handled. It consists of a memorandum book or collection of loose leaves, one or more pages being devoted to each subdivision and the necessary particulars entered thereon, as indicated in Form 31.

Originally carried as Property No. 275

Transfer to Nocatee Purchase 1916

Nocatee Farms

Owned by the Concern

Commenced in 1914 report. Bought from Union Bank. Tracts 5 acres each. (No. 275) 3,890 acres bought from Union Bank for $11,670. Payable

October 1, 1914, $2,000

Quarterly payments $1,000 each, with interest at 8% per annum.

(No. 2811) 160 acres bought from J. Summer for $958.75.

Up to April 30, 1917, all profits based on cost of $3.00 per acre.

There are 3,890

160

4,050 acres

....

Cost Bank...........................

$11,670.00

" Summer..........

958.75

Interest to Bank..............

953.10

" estimated on unpaid balance.

200.00

$13,781.85,

or, say $4.00 per acre.

April 30, 1917

245 tracts unsold at $20.00...

$4,900.00

Purchase Account.....

$4,438.75

Form 31. Subdivision History.