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w m m m m ARTICLE II, The Company agrees: 1. Upon the execution of this agreement, the payment of the sum of THREE THOUSAND ONE HUNDRED THIRTY DOLLARS ($3,130.00) specified in Paragraph 1 of Article I hereof, and the furnishing of necessary easements, and the furnishing of the policies of title insurance aforesaid, to order the necessary pipe, fittings and other material 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 6” cast iron pipe. Construction of said water main shall not be commenced until the provisions of this subdivision 1 have been complied with. 2. To pay to the Subdivider, at quarterly intervals, thirty-five percent (35%) of the monthly revenue received by it from con­sumers taking direct service from water mains constructed hereunder /tf ~ f - s ' } for a period of ten (10) years from date of completion of said installation or until Subdivider has been repaid theA actual cost advanced by her (exclusive of the cost of installing said fire hydrant connections) whichever first occurs. ARTICLE III. It is mutually agreed: 1. That the water main so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water •3- / f / ^ 7