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man000161-086
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specified in paragraph 1 of Article I hereof and the furnish­ing of such necessary easements, to order the necessary pipe, fittings and other materials 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 j l Lx ___ inch Cast Iron pipe. 2. To pay to the Subdivider at monthly intervals, fifty percent (50jO of the monthly revenue received by it from c u s t o m e r s / S S i i l S ^ taking water from the water main so installed hereunder, for a period of ten (10) years from the date of ^ * * 7 the completion of said installation, or,until the S u b d i v i d e r -<// has been repaid the actual cost of the line so advanced by it, / whichever occurs first. ARTICLE III 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 3^,570*00 -------— * then and in that event the Subdivider will pay the excess to the Company, upon demand, if said actual cost be less than &A 570..00 _______ __, then the Company will pay to the Sub- 3. A-/S