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Digital Provenance
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Publisher
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Transcription
1 2 3 4 5 6 7 8 9 10 11 12 12 || IE 1( lr II 1! 2i 2 2 2 2 2 2 policies of title insurance aforesaid. ARTICLE II. THE COMPANY AGREES: 1. Upon execution of this agreement and receipt of said Bill of Sale, and such necessary easements for said water lines, and receipt of necessary title guarantees or policies of title insurance, to pay to the Subdivider, at quarterly intervals, thirty-five percent (35%) of Hie revenue received by it from Consumers located within Westleigh Tract No. 4 taking service from the water lines installed hereunder for a period of ten (10) years from /a ' tr~s~ > the date of completion-^of said installation or until the Subdivider has been repaid the agreed upon sum of $29,550.00, whichever first occurs* ARTICLE III. IT IS MUTUALLY AGREED: 1, All water mains so installed shall be and remain the property of the Company. 2* This agreement shall inure to the benefit of and be bind ing upon the successors and assigns of the respective parties hereto IN WITNESS WHEREOF, the parties -here to-have ejxeeuted this ? H H i
