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N \ specified In paragraph 1 of Article I hereof and the furnish— ing of such necessary easements; to order the necessary p i p e , fittings a n d other materials and upon the arrival of pips a n d 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, a n d to complete the said installation with reasonable diligence. Said water main shall consist of cH t inch Cast Iron pipe. 2. To pay to the Subdivider at monthly intervals, fifty percent (50$) of the monthly revenue received by it from customers in said Blocks . Jfc___ w * * _______ of said xtxxpaattne Subdivision*, taking water from the water main so installed hereunder, for a period of ten (10) years from the— da.tg Q.f... the completion of said installation, or, until the Subdiviuer has been repaid the actual cost of the line so advanced by it, whichever occurs first. A RTICLE I I I . 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 water mains exceed the estimated cost of S 3^70.00------- ----» then and in that event the Subdivider will pay the excess to the Company, upon demand, if said actual cost be less than £ U70.00_____________ , then the Company will pay to the Sub- 3. ‘ A-59
