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Deed No. 2548 New Series.

To all to Whom these Presents shall Come:
the Central Pacific Railroad Company a Corporation duly incorporated and organized under
the laws of the State of California and James OB Gunn of the City of Oakland County of
Alameda State of California Trustees of all the lands of the said Central PAcific Railroad Company
lying in the states of California and Nevada and the Territory of Utah which remained
unsold on the first day of October A.D. 1870 send Greeting:

Whereas on the first day of October A.D. 1870 the said Central Pacific Railroad Company
conveyed all its lands lying in the States of California and Nevada and the Territory of Utah
then unsold of which the land hereinafter described were and are a part to Charles Crocker and Silas
W. Sanderson to hold in trust as security for the payment of Ten Thousand Bonds for the sum of One
tHousand Dollars each dated on the first day of October A.D 1870 and payable to twenty years form
date with interest at the rate of six per cent per annum made and issued by the said Central pacific
Railroad Company.

And whereas said deed of Trust amount other matters provided that the said Central Pacific
Railroad COmpany should have the sole and exclusive control and management of said lands with full
power to make sales of the same upon such terms and conditions as might from time to time be agreed
upon between the said Railroad company and the said Trustees: and that when such sales had been
made and the purchase money fully paid the said COmpany and the said Trustees should unite in a
conveyance in fee simple of the lands so sold to the purchase or purchasers thereof which conveyance
should absolutely and forever release the lands so conveyed from any and all lien or incumbrance
for or an account of said Bonds or any other bent or obligations of the said Railroad Company:

And where on the 14th day of Agust 1871 Charles Crocker one of the Trustees being
about to depart from the State of California to be absent for an indefinite period did resign his trust
understand conveyance of the first of October 1870: and whereas on the 15th day of August 1871
the said Silas W. Sanderson the remaining Trustee under said conveyance did pursuant to the terms
of his trust nominate Mark Hopkins of the City of Sacramento and State of California to fill the
a vacancy caused by the destination of said Charles Crocker: and whereas on the 21st day of Agust
1871 the Board of Directors of the said Central PAcific Railroad Company pursuant to the terms of
said trust did ratify and approve said nomination and did appoint said Mark Hopkins to fill said
vacancy:

And Whereas subsequently to wit on the 29th day of March 1878 said Mark Hopkins
depart this life: and whereas on the second day of April 1878 Silas W. Sanderson the surviving
Trustee under said conveyance did pursuant to the terms and conditions thereof nominate David
D Colton of the City of County of San Francisco and State of California to fill the vacancy caused
by the death of said Mark Hopkins: and whereas on the third day of April 1878 the Board of
Directors of said Central Pacific Railroad Company Pursuant to the terms of said conveyance did
ratify and approve said nomination and did appoint said David D Colton to fill said vacancy:

And Whereas Subsequently to wit on the 9th day of October 1878 said David D. Colton departed this life and whereas on the twenty-eight day of October 1878 Silas W Sanderson the
surviving Trustee under said conveyance did pursuant to the terms and conditions thereof nominate
James O'B Gunn of the City of Oakland and County of Alameda and State of California to fill the
vacancy caused by the death of said David D. Coldon and whereas on the thirteenth day of November,
1878 the Board of Directors of said Central Pacific Railroad Company pursuant to the terms of said
conveyance did ratify and approve said nomination and did appoint said James O'B Gunn to fill said
vacancy:

And whereas The said Railraod Company has sold the lands hereinafter described pursuant
to the foregoing conditions to Ira Avery
for the sum of Two hundred ($200)
Dollars which sum has been by him
full paid to the said James OB Gunn and Silas W Sanderson Trustees as aforesaid: