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from public authorities. *? 5. L.Y.L. & W. Co. to famish excess water only and never to he deemed a public utility insofar as famishing water wholesale is concerned. 6. L.V.L. & W. Co. to reserve the right to terminate agree­ments by giving six months notice. It was determined that minimum charge would not he desirable; also, that it would not he necessary to provide for termination of contract hy outside company. It was also the consensus of opinion that L.Y.L. & W. Co. should have no jurisdiction or in any way he interested in laying of pipe lines in subdivisions. It was understood that Boulder Bam Syndicate, Inc. agreement would he revised to conform with terms outlined above; also, that all existing agreements covering furnishing of water to outside companies would he cancelled and super­seded hy new documents prepared in accordance with terms above outlined. In other words, furnishing of water to all outside companies will he on same basis. The sale of water hy the Bailroad Company to the L.V. 1. & W. Co., now covered by Contract Audit JBo. 2850-A, was discussed and it was the consensus of opinion that revised agreement submitted with Mr. Mcfiamee*s letter March 29 should now he presented for execution. In this connection, it will