Information
Details
More Info
Transcription
/ specified in paragraph 1 of Article I hereof and the furnishing of such necessary easements, to order the necessary pipe, fittings and other materials and upon the arrival of pipe and materials aforesaid at Las Vegas, to proceed with the installation of said water main along the lines so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence. Said water main shall consist of air inch Cast Iron pipe. 2. To pay to the Subdivider in the following ratio, at monthly interw 50# of the monthly revenue received by it from customers in said Block 17 of said Subdivision, taking water from the water main so installed hereunder, for a period of ten (10) years from the date of the completion of said installation, or, until the Subdivider has been repaid the actual cost of the line so advanced by it, whichever occurs first, which said 50$ of the monthly revenue shall be pro-rated among the said Subdividere as follows: It is mutually agreed: 1 . That the water mains so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said then and in that event the Subdivider will pay the excess to the Company, upon demand, if said actual cost be less than W.W. CANTRELL J.G. Griswold D.B* Woody . ,42$ 2H$. water mains exceed the estimated cost of s? 2«26o«QQ S 2.260.00 , then the Company will pay to the Sub- 3. A-Z9
