UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.
Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries
Transcription
\ •«• • 3 No notice shall be required to terminate this lease upon expiration of the original term or any extension thereof. At the end of the first five year term, value of the land shall be redetermined for the purpose of rental revision. Bent during the second five year term shall be based on $% per annum of the redetermined value of the land, per annua of the value of the spur track, and 7|$ per annum of the value of the building, subject to arbitration. Harvester shall have the option to purchase the premises at any time subsequent to one year after commencement of the term of the lease, for a purchase price in an amount equal to the value of the land, building, and spur track at the time of the exercise of the option, plus the amount of any assessments upon which Harvester Is obligated to pay Interest, less the sum of one twelfth (1/12) of 2 # of the value of the building for each month Harvester has paid rental, and less the amount of any award or compensation paid to the Land Company because of a condemnation. Said option shall be exercised by Harvester giving notice and by delivering into escrow purchase price as defined. Within thirty days after exercise of option, Land Company shall deliver to Harvester deed conveying land, building and spur track, subject tot (a) Taxes for the fiscal year in which option is exercised.
