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upr000300-030
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foiF which the stock and bonds are to be is tied are not in whole or in part reasonably chargeable to the operating ex­penses or income; and that this application, subject to the eondit ions hereafter specified, should be granted; IT IS HEREBY ORDERED that Rogers Development Company be and hereby is granted authority to sell to West Riverside Canal Company, theirrigating canal and system described in Exhibit "A" attached to this Opinion and Order, said Exhibit "A" containing a general description of the properties as described in the above mentioned application, IT IS HEREBY FURTHER ORDERED that West Riverside Canal Company be and hereby is granted authority to issue $99,300.00 par value of its common capital stock. IT IS HEREBY FURTHER ORDER!,D that West Riverside Canal Company be and hereby is granted authority to issue $60,000.00 j face tfalue of its 6/fa serial bonds. IT IS HEREBY FURTHER ORDERED that West Riverside Canal Company he and hereby is granted authority to execute a mortgage or deed of trust to Peoples Trust and Savings Bank of Riverside to secure the payment of $66,000.00 face value of 6% serial bonds, said mortgage or deed of trust to be in substantially the same form as the mortgage or deed of trust attached to application Ho. 2641, and magked Exhibit "C", j IT IS HEREBY FURTHER ORDERED tha* West Riverside Canal Company be and hereby is granted authority to put into effect the irates shown in Exhibit "B" attached hereto, said rates to become effective upon the day the property hereby authorized