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Right of Way - Emgee Packing Co, Inc, Emgee Packing Co, Inc_7/5/1977. /"l�t�=/ • �' '� � j"� �JTAT� ° INDIANA � / c� INDIANA S"fATE HIGHWAY CO�iD1ISS10N ]00 Nordi Senate Avenue Indianapolis, lndiana 46204 Auditor's Office Gibson County Princeton, Indiana Dear Sir: � INDIANAPOLIS Room 1101, Statc Office Building 317-633-5816 July 5, 1977 Encloaed find copiee of Deeda or Granta on the follwing projecte which have been aubmitted to the County Recorder for zecording. Pro ect RF-65(33) cc: File Parcel 45 - � ,; J U L 8 1977 Road Name SR-41 Fingee Packing Co., Inc., C-�' , /����.� � Youra Truly E/,d��� _" ".-� t, `�.�""� Donald E. Chris[y Chief of Administration Division of Land pcquiaition ,_ � , j �'�, ;r ;c , .�; /� FORM �AE 123A R[v, 10-22-75 ACCESS RIGHTS Ot�LY � �qis �nDrntu[c �irnrsgab� Paid WARRAIdTY DEED � Packing Co., Inc. ss _� �''� +e� •s � Project RF-65(33) Code 1134 Paml 45 -�..�-� ----------------------19. o� Gibson Counry, tn rhe Stau oJ „d!u STA'fE OF INDIANA Jo� and in conrideration o} w1 �'L 00 ,��,� � Fift,y and I0� ( �50.00 r, Indiana Convey and Warrant ro -------------------------- DoIIar.t, the recsipt whereof is hereby acknowledged, the following deacribed rights, easementa, and interesta tin and to real eatate situated in Giasorv- County, Indiana, to wit: FOR THE PURPOSES OF ESTABLISHING A LIh1ITED ACCESS FHCILITY� THE PERMANENT EXTINGUISHMENT OF ALL RIGHTS AND EASEt4E(JTS OF INGRESS AND EGRE55 TO; FROM. AND ACROSS THE LIMITED ACCESS FACILITY (TO BE KIJOWN AS�U.S.R._ 41 AND COUNTY ROADS 6505 AND 5505 AND AS PROJECT RF-65(33))� TO AND FROM THE OWNER�S ABUT��ING LANDS� ALONG THE LINES DESCRiBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORIJER OF THE SOUTHWEST OUARTER OF SECTION 7� TOWNSHIP 3 SOUTH. RANGE �O WEST� GIBSON COUNTY�.INDIANA� THENCE NORTH 89 DEGREES 23 �1INUTES 00 SECONDS l"IEST 164,76 FEET ALONG THE SOUTH IINE OF SAID SECTION� THENCE NORTH O DEGREES 37 MINUTES 00 SECONDS EAST 18,65 FEET TO THE POINT OF BL"GINNING OF THIS DESCRIPTION� WHICH POINT IS WHERE THE NORTH BOUNDARY OF COUNTY ROAD 65OS I1EET5 TfiE NORTHWESTERN BOUNDARY OF THE INTERSECTION OF SAID COUNTY ROAD 6505 AND U.S.R.. 41; THL"NCE NORTH 50 DEGREES S6 MINUTES 2S SECONDS EAST 134.47 FEET ALONG THE BOUNDFRY OF THE INTERSECTION OF SAID COUNTY ROAD 6505 AND SAID U._S.R, 41 TO THE WEST BOUNDARY OF SAID U.S.R.. 41� THENCE,NORTH O DEGREES 24 MINUTES 00 SECONDS ti'JEST�1�018.94 FEET ALONG THE BOUN�ARY OF SAID U.S,R.; 41 AND TERMINATING ON THE NORTH LINE OF THE 047NER�S LAND, ALSO�_ COMMENCING AT THE NORTHWEST CORIJER OF iHE NORTHEAST OUARTER OF SAID SECTION� THENCE SOUTH 89 DEGREES 05 MIN- UTES 00 SECONDS EAST 211.19 FEET ALONG THE NORTH LINE OF SAID SECTION� THENCE SOUTH O DEGREES 55 MINUTES 00 SECONDS 4J�ST 15.00 FEET TO THE POINT OF BEGINNING OF THIS DESCRIPTION. WHICH POINT IS WHERE THE SOU74 BOUN�HRY OF COUNTY ROAD 5505 MEETS THE SOUTHEASTERN BOUNDARY OF THE INTERSECTION OF SAID CO�JNTY ROAD SSOS AND U.S.R. 4�: THENCE SOUTH 47 DEGREES Z7 MINUTES ZO SECOI��S WEST 86,32 FEET ALONG THE BOUNDARY OF THE INTERSECTION OF SAID COUNTY ROAD 5505 HND SA[O U.S,R. 41 TO THE EAST BOUNDARY OF SAID U..S.R. 41� THENCE SOUTH O DEGREES ZQ- MINUTES OO SECON[15 EAST 296.85 FEET ALONG THE BOUNDqRY OF SAID U.S.R. 41� THENCE NORTH 89 DEGREES OS MINUTES 00 S=CONDS WEST 10.00 FEET A�ONG SAID BOUNDARY� THENCE SOUTH O DEGREES 24 MINUTES 00 SECONDS EqST 508.38 FEET ALONG SAID BOUNDARY TO THE TERMINUS. ALSO. BEGINNING ON SA1D BOUNDARY SOUTH O DEGREES 24 MINUTES OO SECONDS EAST SO.00 FEET FROM THE SOUTH END OF THE SO8.38-FOOT COURSE DESCRIBED ABOVE� THENCE SOUTH O DEGREES Z4 MINUTES OO SECONDS EAST 359.91 FEET ALONG SAID BOUNJARY AN� TERMINATING ON THE SOUTH LINE OF THE OWNER�S LAND. THE ABOVE—DESCRIBED ACCESS CONTROL LINE RESTRICTION SHHLL BE A COVENANT RUNNING WITH THE LAND AND SHALL BE BINDING ON AL� , SUCCESSORS IN TIT�E TO THE SAID ABUTTING LANDS. N� �a �, SUBJECT TO AN EASEMENT FOR A WATER L[NE. WFiICH EASEMENT WAS CONVEYED JULY 3�� 1961, BY '� EMGE PACY.ING COMPANY. INCORPORATED TO THE TOWN OF FORT BRANCH� INDIANA BY VIRTUE OF A WATER LINE KDA-, 3-23-77 P°=�l (CON NU ON BA�E � .� .. . �' � / JUH 1 0 19T1 C / 0/ � '��',- �11� i�;ll.t,s Thtrinrrrumrnt Pr�pmrd b w ..............................•.... _...... C�_ %� . � � • � • PROJECT RF-6'l�"i31 %` � �' Cooe 1134 `�� . . PARCEL 45 . 1 ) EASEMENT RECORDED JANUARY 5� 7962� IN DEED RECORD 158� PAGE 244. IN THE OFFICE OF THE . RECORDER OF GIBSON COUNTY. INDIANA. - � .:i � . I ' ' � , . . . .. .l . . . . . . . � � : ' :. . ; -. . ' � JUN�^ ir0 �t977 KDA 3—P3-7% �qoiq-��..tii � �(Page 2 Descriprion Page) ; ' ' ' ' . ) �. . " . • _i � 1 . � �"1 � /�fi �, � Land and improvemerus S...iYONE. • PROJECT CODE PFRCE� RF-t~331 1134 45 � O� � A° ., Darnages 5..��.....�............� Total considerarion S�.!�� ..................... 4. THE GRAN70R SHALL CLEAR PND CONVEV FREE OF ALL LEASES� LICEtJ5E5� OR CON7RACT SALES PERTAINING 70 THE PARTICULAR INTERESi 117 SAID RIGHTS AS CONVEYED, � IT IS UIJDERS700D BETWEEN THE PARTIES HERETO� PfJD THEIR SUCCESSOP.S IN TITLE� FND IAADE A COVENA.9T HERE— IN WHICH SHALL RUN WITH THE LAI,D� 7HAT ALL INTERESTS ItJ THE LANDS HEREINBEFORE OESCRIBED (EXCEPTING ANY PARCELS SPECIFICALLY DESIG�7A7E0 FS EASEAtENTS OR AS TEI•iPORARY RIGHTS OF WAY� PRE COtJVEYED RJ FEE 5�1dPLE AND NO7 IAERELY FOR RIGH7 OF WAY PURPOSES� lUJD THAT NO REVERSIONARY RIGHTS WHATSOEVER ARE IfJTE�lDED TO REMAIN IN THE GRAN70R(5�. ' . �jn �3irness �hrrcof, rhe said �",2�NTO�2 hm? hereunto se[ �SJ�nd_ an.i seal _, this �' � Tf� day o) /v�A y 19� Z_ ....................(Seal) ..-� ....................(Seal) .......................................°---....._........._........----- ......---� - (Seal)..-- ----°.--....... --°..........- -°- - --- .....-- -... - °.--............(Seal) .............. �./..�.1._��'.,E....%�A..C..K/.N�'i.—..---C�r.�N�fa'ear) -... - .....-- � --��---...._...........--�-----��---��-----�---.......................(Seal) -°°---- -°- .J......\...... . �--- ----... ..... ....-°----°°-........(Seal) -...................----......_............---...----.:................---°---........(Seaf) ��...�.....l.�J- ....- �---••�---°° .. .. ..........._(Sea!).....................--.............---....-- --- -- ... -• -....._........._.........(Sea!) -� .............................. ���:.°.?-�11�-,,.�:- .. - --� ---�-� ....-°- -°---.......(SealJ. -- -...-- ��---......... ---_.°--........° ..............-�-• - -..........(Seal) --Wq�T�R �R. EMGE ................ -----...---°---°-°----...-----...........(Sea1) .....-- ..........--�--°°-°--.....---...---...........------°-- -...--°--°---°°(SeaO °° ---° ....._....:.°-°-°- -....._-°---°-°-� --°-.: (Seal) .................°°°----- . , q_ � ��{, C,, [ ............ _._.. �j7T�,a.��.-- � - .Q_-...-1.:-- � --�-�]'� .---- --�Seal) ...............°.°----.... ,/ 1 ................ ---�-� -......- --- V-�.• ::�?.. .......---- ---...... (Stal).............--- ...--- -... ........--� ..............�'.k.�?.a�R.r...�.:..:E�nERS .....-.rs�a��..-- -............-----.... ......(Sea!)_ ....(Sea!).... ................... . (Seal)................ .----(Sea!) ...----°.........-�------ -------(Seaf) . °-° °--°---- °-°-......----(Sea!) � .............°--............... _(Seal) S7AT8 OF� INDIANA,.......".' ............... `�%v�S�!'!.COYAfy, .u: .....................'.......'_.........................."""'......"'..._""""".... . . Be/ore me. the undersigrted, a Nor�y Public in and for said County and Smte. this......--•-.-_-....�_I.1..t.�.._....._ ...:................. dav oJ .................---.....f�.f.�..3..... --..._.....-- • A. D. 19..7-7 Personally app�e 'ed the within named....:-----.........-°--°-......--- ..._ ...........................- �-- � -.... - - ----C��rC.:...�'i£:S IC i...N..Cr......C�....li..Y..C.._..C�i_..Y.....���.i. ELz. K_EMCr�. .. ........./..l...✓.`.._..P,e �.,�1 ?�[�! %. fiND f}TT_F,�ST(',rant r.....------ . . in t e abo F conv e and acknowl- B�r �eo.yG��' i� ���'r�'-s _7;� Vi cC.- T-�REg[oEr�LY'"�"<1,r� ��-Yr ��t"4't� ed�ed tht same to e ................................voluntary acr and deed, Jor the uses purposes herein menriane . l have he�eunlo psu6scribed my name and a�ize my o8'i ial�s �1.J f� � My Commission espires.---°�.�. �.5-...%.A ..............-............----... _..iQ���_...f..l.r.°-(„(�. -- Norary Pu6lic Nft2o[o N W.p� STA7EOP INDIANA ...............:.....................................'.'............:.......'..'..'....'._......................._...........................COI/7Uy� SS: BeJore me, tht undersigrted, a Notary Pu61ic irt and /or said Counry artd Slate, rius ......................................................... day oJ ................._...._..........................------....., A. D. 19........; Pcrsonally appeared the wirhin named......................_.... .............................................................................................- - - ..........- --�---...................-� -...---................---............._...... .................°°----........_............._...° -............- -... -.................Gran(or.......--...._......-- in fht abnve conveyance. and ocknow!- tdged 1he aame fo be ................................voluntary act and deed, Jor the uses and purposu hertin mentiontd. / have hereunto subscribed my name and ajfued my o8'icial xal. My Commission ezprres....... KDA 3-23-77 �UN 1 0 1977 Page 3 .yf�C•l%t ' Public � . . AFF � �• �- �: :- i • ..� STATE OF INDIANA � COUNTY OFGIBSON � • '1}1E CORPORATE AU'IHORIT'Y AFF'IDpVIT � SS: ) �--.. . �C� 3 E-(2 � �� .� L P F_ I�S , being firat du�y srarn upon his oath depo6es and says: That he is du�y elected Secretary of the fSnze Packin¢ Co, Inc, Corporation ; that the following resolution u+as du�y adopted Name at a regular meeting of the Board of Ilirectors of said corporation held on .� � Z%� , and has not since been rewked, to-wit: Date "Resolved, that.the waiter R �ee President sY,all.be; an��e��shgr�p�a �x��iorized to convey to the State of Indiana s�at2ils�vsls�trd of thi's corpora- tion, and to execute all necessary instruments in connection therewith; and said conveyance shall be attested by the Rooert H E1 ers of this Vice President & Secretary �: corporation, who shall aFfix the corporate seal thereto;-�t}iat. said corporation shall be bound by all instruments execu�e��.:•�' by said officers under powers herein stated.".' ` ;�. �l�C��� �'� " .' J _e�-�' �. Corporation. SeCr tary.;,'�. �� ' ,, �., _ . . ;i�o t3 E�e T 1-� E�..� �s:, ; i i;; .; .: . �,,� , ,,,.-- Subscribed and sworn to before me this �/ d�y -< of , 19�. C ::,.. -U/L�}-e.CY .� �' J C rr�� A,vuc_�::�_ - /{A�eo�v � ��o :. -: . '•+ - _�:: ;� _ R1y Cr,�mis;i�n cspi-es Dec. _�: ,�:16 �' ; Py Commission e�ires : This instrument rras prepared by �C c��-t/RL� F� C(':�t!t'e�Qi. } �/ ios�pi� :, Car^oll � n.m1.....�a�•,.��..�.r....—.:_.:,L•..:.a'a-�:tR�s-�a:.�m�.�e-...Y,?+.-.,�.+:...iaa�vuu_.._•a•r��_-•.�..•-��-vrt-s'aVe'4T�..r----"""'�. .va�� 'e- ♦ f . • .. ..t • '; ;1..... �_ t + : . `, . , ' i �. �f', � . t° b h �t �'i.. j� ?. � .�' ! _�_'f, ^Y+fl. .�. ''.� � -�t .1 tii . ;-'1 '..�.r� �'�.� =. x y � ,.--_ 7 ., . . � -� _ � .' ;,•� -:- ._.,� . .�-+ -" .� _ �.3.. , ;� . ,�.l�c ;�".=��: �. -.•'' �• - - - ">,=- � „_.,.-: � �'. :-.�,: •. ,. - `s' - . . _ � . -.. � .. ._. . . . ��i.:.- � . . �' . .. -, � ,_ . . . . , • ' . . ""��t�_v-_�..R.L�v�4R.n�'.�..' "� _ �. r��..� _ . • ..i'�'"+.'�H'.Yi' `>�"'::. . �. .... ._ • � �...�"� Js't.�� .��y��«. ,, .,r.... :l ' .\ - OFFICIAL OPINION N0. 28 � Junc 29, 1961 DIr. Da�•id Cohcn, Cnairman Indiana Statc Iii{;n��;i}� Commissiun 17th Floor, Sta[c Olficc T3uildinfi Inrlian�pnlis 4, Indiana Dcar �Ir. Cohcn: This is in responce to your rcqucst for my Oflicial Opinion as to «I:cll�cr Scna(c l;nrullcil Act tio. ;,GL o[ lhc �2nd re�;�ilar sc�sion of ihc Ccncrnl Asscrnl�l}• is aiiplicablc to lhc acquisi- tion o: ri;;ht of �cric fi}� Uic SL•itc llil:lm:i�• Commi�;sion. 1'or Ihc �akc nf hrc�'it�•, thnt acL n•ill hc reCcrrcd (o in lhis Opinion b�•'its ollicinl dcsi�;nalion as thc AcLe oC 19G1, Ch. ?.'.1:; :�nd ;is }•uur rcqurst no(cs it ��rmi�lc.e th�t il shnll bc in (ull forcc and effcc� from nncl nflcr .Ji�ly ], 1�GL �nn•su,int lo lhr, cmcr- ger,cp clau�c thcrcin. Thc quc:;tiun n:; st:ilcd by your Icllcr is as follo�cs: . "Thc L�nil Ac��uisilinn Di��isii�n uC llic Slafr; Ili�;h- �c;��� Cu�unii.ti�inn is in a quanil;u��� ns tu iLs resiionsi- �ilil�• un�lr�' flio ;ibu����-n:trnuil Acl ���liir.li ��'ttv p;i.tixr,il liy. this I;ict Lr.�:i�l;itwc ;ind wliich will I�c clTccti��c Tuly. 1, 1f�G1. Thc pro�•i�ions oC lhi:; Act, if applicablc to thc Ctalc Ilil:lin �}• (:vmini.�sion, �voulil ninlcc thc worlc o( thc Land Acquisilion lli�•isiun tnorc cumbr.rcoruc, Lo sa}• thc Icast. In cicw of uur slnLus ❑s an arm of thc Statc Co�crnmcnl. lhcrc would ap��c,ir to I�c somc qcc�:ion as to �clicllicr thc pru��isiuns of Lliis AcC arc a{�, lical�lc to thc Sta(c High��•ay Cummission. ,.��'e hereby request an oflici:il o"pinion fcom you 1s to tLc appl;c:toilit,y of thc pro�•isions of this Act to thc acquisi[ion ot ri�ht of �vay by thc Division o[ ]�n� Accuisition,,, t:i^ t �• I .. ���iy _ _ _ ...��.�_^ n_♦• '(�'�•A 4� i.�.• � �yyl 1�.�V1 �� ll. \�• I�i4 7'hc purpr�sc of Ch. 2�J:➢, .srt��rrt, ia to proviilc 1 tnorc �ico- tivc mc:�ns �f colleclinE; thc Iuili,in:i Gcoss incomc T,ix, ifi- po::cd u�ion Uic rccci�it of �;ross incumc dcri��ed (i•om thc s;ile' of Inili:in;i rcal est:�lc or :iny inlcresl thcrciu. Th;�t ;�ct, ncts � ot 1!1G1, Ch. 2!);;� I�rueides 1'ur accom��lishing such �nirpusc bp nil��;uicin�; thc duc d:iLc fnr Llic•�c�,�•nicnl of such l:ross income' tnx to "Ilic liinc of Lhc Lransfcr uf lhc tilJc lu such r�•;il ��stalc, or :uiy inlerc.tiL f.hcrcin' o'",� •1'lic �n•occss I�y �vhich s�icli ltu: is io I�c collcciccl rci�tiices Llu�l thc counly rc�unlcr sh:ill nuL ,icccpC fur rr.conlin{r :ui�� inslrumenC I'nr lhc coinc}'ancc of rcnl c�l;itc ur uny iulcres� Uicrcin unlcss sur.h instrunicnt coiiL;iins cilhcr adlicsi��: sl;�m��, ui• :t sL•ilcnicnt uC llic conntY• Lrc,c;iu�cr allixc�l liy� �t rul�Lcr sf�imp, c�idcncinl; lhal such l:ros:; incnnic I,i� li,u; I�a•i� �ciiil, �ir iuilc:;ti ;ui ;iliiil;i� il I�c suli- miLlcil ��'iUi tlic invLctnnenL ancl rcr,orilr�l lhcrc���illi ;h�ling facts sullicicnl Co s,how Lliat nu lax is iluc ur ��a�alifc u��:�n thc procceds �cccicr.d [runi �;uch lr;uisfcr uC roal cst;itc or inlcr�st thcrcin: (;hn�ilcr 2!Cl is nnl ❑n in�lc��cn�lcnt :icl, huL in furm :tmcnds lhc Acts uf 70:t:i, (;h. 50, Loi�t�: lhc In�li��n;� (�r�,s ]ncouic 'fns L;i�v, I�y a�lilin�; n ncw anil :iililili��n:il �� clinn tlicrcLo Lo bc nnmlir.rc�l S��clion ;;;i. 'fliis 1�GI ,Act is �;ciiuraf iu iLs ;i��plic;�l.iuii :uiil on il:; I':icc d��c, nut :i�i�ic:ir Lo ��ro�icic for :in excc��lion in :�ny c:isc. Ilo�vcvcr, in;�smuc`i ;i:; i� i, I�ut onc parL uf lhc Incli;ui:� Cro�s Incomc 1:�x Act as arnr.n�icd, il is lo lic canslrur.d so as lo FCiec nir.anin�; ,ind cliccl lo rach and all of Uic sccLiuns con���ri�ii�y; thc Cross Incomr,'1'.i� Law, cscc�ilin�; such OIII)' :l4 :li'C ciUicr cxpressly or nccessarily. repcaled liy iLs Lern�s. � SuLhcrl;in�l, SL•�lufory Coiistruction, 3rd ��1., Vol. 2, Sccs. �I703, 4704, 470i. Amang tlir. olhcr �ectiuns o( Lhc Ccos; It�cumc 'I':ix Law which lm��c n�lirccl bcarinR u�inn your �;cncral ��rnl�lcm nnd which should bc noLcd nnd cunsidcred bcCocc cntcrin�; a di;- cussion oC li�c cfTccC of Ch. 203, srcpra, is Scction G(n) oC tlic Indi:uia Gross fucomc 1;�s SL•ilulc, �s LisL ;imcndc�l liy thc Acls of 1:)i!). Cti. 3i6, Scc. 1� as foun�l in Curns' (1�J i'J Supp.)� Scction f-L2GOG(n). Subscc�ian (n) ��•:is Grst nd�ltd to thc statuCory provisions of thc Ccoss Incomc 'I':is Law by lhc Acts of 1`.)55, Ch. 47, �ILIiouF;h a subst�ntially similar pro�'i- sion hncl been in force by a re�;ulation of Lhe Gro,s Income �'�r � i ' ��: ,... .� _.i . thcrcUy� convc>�cd is to bi• us� d or highn��y purposes �nd the form is undec thc hc:idiiig "� atc lli�;h�a:i}' DeP:irinicnt of Indiann." ]L ix �ny un�lcr:;lai �li y; also lhaL on snme ucca:;ions thc Sl.;ilc of ]ndi:inn scrin'�.; � rq;ul:u \\':u•r:�nL�� Dced in vcquiring re�l esl:ile for hi; h� ;i>' purposes� in ���liicli e��ent thc P.�'����lec ��•ould I�c .Sh��n•n ;c l.hc SL:iic of Lidiana. Undcr :ui�� one of. these instrunicnl:, he counLy recnrder �vill havc nr> diflicully in dcicrinining Ih; L lhc gr;uiLr,c is ihe SLatc of Indinna. � Tlicrcforc, it i.e �ny �ipi�iioii I �:it thc AcLs of 7�G1, Ch. 2!13, docs noL rr.pc:il or :�mcnil $� r.l; �n f(n) oC thc Gross Incomc T;�s I,a�e :rnd, conscqncnll�•, �In� ; not ade:incc tho dnc datc for t.hc pa}'mcul, nf ��russ ina�:nr, la: li;ibilii.�� �� itl� respcct to 7;ross recoipls recci��r.d frum Lhr c��n�l �n�nalion of re:il cslnt.c by t.he S::�t.c of ]ndi:in:i or in;lrnmc il: IiLics t.hcrcof or U}• :in organi- z;ition gi�cn lhe �w��cr ol' a�iu .unnation b�' ihc Sl.:ilc of ln- cli:ina or �s lo an�• :�mu�inl:: i r.ciccil as purcicisc pricc or comEiromisc in cunLcin��I:iLi� n��C such conilemn;iiion. � cnimt�- rrrnr�l�•r n'inc lr��;ill�� �r������1 an�n,lrnnu�nh. uf t,r:ui�fcr in ihr tilntr. ��1' ln�li:nin ��r I�� :u�.ii�s!.ri�n�:ilil��_tln�rcof or Io :iii�� m��. �I,ilr n nicnl,ili z:iiinn ;:i�'��n 'li ili:ni:i. ��r t�� II��� Ilior� �� inc�inic t:ix ;inil �cilli��iil Ihi ;irli�l:i��il. 1h:iL nn 1;i.� 's ilnc or n;i�:i,�� i io o�cs lici( ilic A Is of J!lliJ, Uh. 2!1;;, docs not ��I�I�Ip to flie Sliitc ul' iniii:�n i� r lo its iusl.rumcnlaliLics, nor to nn�• ori::iniv.;i[ion �:i��ci� Ui,� � n���cr o( condcmn:�lion Up the S�:�tc of ]ndi:�na nnr Lo Ihv l nitcd $Lalcs Co��crnment nor insCrumenLili(ics thcreuf. ,nni•inn:ii.inn nc titc Illllrlll nl'_fUl 111511'll- In clusinl:. n•hilc il i< iiol l ��: pi�� pusc ot this opinion to detcrminc thc ullini:il�: I ix,i��L ur nmiL•is;iUlc stalus pC pro- cecds from lr:ui�fcrs uf rcnl o Lilc, or any inlcresl lhcrcin, wi�lcr nn}� circumsl;uicc�. n:c� . Lhcicss, I�ccausc thc Acts of ] JGl, Ch. 293, .�ripra, ilnr: no' :i ��il}' to cilhcr so��crci�;n, iL ulso }�+�s n0 efl�ect in ;�ny c�sc ��'h��r� �n Lhe SL:iLe of ]ndi:uia or Lhe Unilcd Slales, or an iiistriin •nL:�lily lhcrcof, is ciLhcr a Rrantcc or :� gr:inlor. Tl�c r�•r�i ircmenL (or �n nfli�lavil to bc m:idc by thc scllcr or gr.�nl�,r ' in thc e��cnt no tas is duu ur p,�):iUlc" ��•oiild :y���l}' wh �n I lic �;r:uilor is �vithiu that class ��f Lotally exempt org;inization:. i•fined in SccLiun f,(i) nf thr Gross Incomc Tns I.:uv, Iiin•i :' (1'J59 Supp.), <�rii��n r.1. �. 1'JUi. V. A. ii. 2GOG(i) �vhich organizations "�hall Uc caccpled f�,n tasat w�dcr the pruvisionti oC ihis ;ict: '''." The re��uircm fur such :iflld:�vit ���ould :ilsn :��iply t.o thosc situalions o', minim,il con�iilcr:ition equ;il to or Icss than thc :�nn SI,000.00 dcduclion to �vhich cach taxpnycr is entiticd in cr puting his gross incanic tas lia6ilitti'; cxnmples oC such sit tions arc quil-cl:iim ilceds ur cnscmcnts as to ��hich thc mo t,u'y considcr:�Lion oflen is uiily a lechnica! necessit}' :i thcrcfurc, m;iy ,imrnmL Lo lul�cn sums such :�s onc dol'. 'I'hcrc may bc o�ha• siLu�tions, IC55 frcqucnik cncounlci rcquiring Lhc :illid;�� it of no Ls� lisbilitp, as for inctancr• Lhc c:isc oC rcciprocal cschan�cs of rcal esl:ilc b�� and ��' thc n�cncrs t.hcrr.of �chich lr:uisfcrs do not gcncr�ic g: incomc l.:tx ]i;�bilil.y to lhc extcnL of thc ��aluc oC thc propi� of which til.lc is so surrendcrcd. 7'hc :iLovc illustr:itiuns a�nstilutc some o( the siLu�tion:' n�hich lhe no-t.;�x a(llil:n�il rr��uirement u�auld :ipplc and i: caLe ihc rcason I'or tlie necessity of s�ich a reyuirement b�• Acts of 17G1, Ch. 2�3, �eirpr«. Ilorve��c1', Lccnusc th:it. act c noC m:�nifcstly :�ppl�' to cillicr sovcrcign, the rcquircnun; :i no-ins :�flid:n�iL is noL :i����lic:�l�lc to lhc Slatc of ]ndian:� thc Unilcd SL•ilcs, or nn inslrumcntalil�• of cithcr, irrespcc; of whclher such socercign is ihe gi:uitee oe• ;;canloi•; this lruc c��en thuugh Lhc trans:iclion is one crcating a liabilit�. gross income tnx uix�n the proceeds derived from such tran�; OP'PICIAL OPINION N0. 29 IlonoraUle Rnlph Radcr SLatc Represcntntive Box 24G Alci•on, Indiana Dcar Rc�irescntativc Radcr: . Tuly 7, 106: Your Icllcr uf ,limc 1G, 19G1 hns bccn rccci�•��d nnd rends follou�v : . •.I :im �I,•<inniv uf :in �dliri:�l upini��n n l:ilicc ln �ci: `:�nd I����c niy(n:�tnn•: in:i�� Lr r�•rna��r�l frnnt a �ch� 1G$ �� '