man000165 91

S i l t ' • • sum of TWO THOUSAND THREE HUNDRED EIGHTY-THREE DOLLARS ($2,383.00) specified in Paragraph 1 of Article I hereof, and the furnishing of such necessary easements, and the furnishing of the policies of title insurance aforesaid, to order the necessary pipe, fittings and other material and upon the arrival of pipe and material afore­said at Las Vegas, to proceed with the installation of said water main along the lines so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence. Said water main shall consist of 6" and 8" cast iron pipe. Con­struction of said water main shall not be commenced until the pro­visions of this subdivision 1 have been complied with. 2. To pay to the Subdivider, at quarterly intervals, thirty five percent (35$) of the monthly revenue received by it from cus­tomers taking direct service from the water main constructed here­under for a period of ten (10) years from date of completion of said installation or until Subdivider has been repaid the actual cost advanced by him (exclusive of the cost of constructing said, fire hydrant connections) whichever first occurs. ARTICLE III. It is mutually agreed: X. 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 main exceed the estimated cost of $2,383.00, then and in that event the Subdivider will pay the excess to the Company, upon demand; if -3- ??H