upr000264 148

1 2 5 4 5 6 7 8 9 10 11 12 1 3 1 4 1 5 1 6 1 7 1 8 1 9 20 21 22 2 3 2 4 2 5 2 6 President of the L m d Cenpaay* (1 2 ) I t i s agreed aft* understood th at C o n tra c to r's eu» jployoeo are not and aha 21 not be considered as employee® o f tiaa Land Company* C H I the lo c a tio n o f the w e ll to be d r i l l e d s h a ll ha a s in d ic a te d ©a a tta ch e d iro n in g f-2 2 5 , dated Chsteber 1 2 1 1 9 4 i* (1 4 ) Contractor fu r t h e r a ^ r a «« to fu rn ish su rety baud l a an amount not la a a than F ift e e n Thousand and $e/lC© D o lla rs (#15,0Q0*CG), i a the f o r a attach ed hereto and conditioned upon th « f a i t h f u l performance o f the oark karoin contemplated* Load Company w ill# a t i t * o*n mqmmm-# pay prvm ivm * on Bead i a t h is se c tio n p ro d d e d f o r * 111) Contractor shall procure and cause, each subcon­tractor, if any, to procure from a A y licensed agent of aa la* suranoe company to be designated by the Land Company, Contrsetor’* ! Public Liability and Contractor * a Property Carnage insurance* the policy or p o lic ie s to he taken sot by the Contractor shall provide U n i t s * (a) Under Contractor’s fubllc Liability lasersaea, of H O , 000*00 for any eat person) and subject te the sens limit per person, ^1(^/000*00 for any one accident) such insurance to protect the Contractor and each subcontractor against claims for injuries to or death of persons9 othsr than Contractor’s eon employees, arising cot of the sort to bo performed under this contract $ (b) Under Contractor*a Property Damage Insurance# of 9