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man000161 145

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man000161-145
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    width along said line. ARTICLE II. The Company agrees: 1. Upon the execution of this agreement and the payment of the sum of $8985.00, specified in paragraph 1 of Article I hereof, to order the necessary pipe, fittings and other materials necessary for the making of such ex* tension, and upon the arrival of the pipe and materials aforesaid at Las Yegas, to proceed with the installation of said water main along the line so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence. 2. To pay to the Subdivider at monthly intervals, fifty percent (50$) of the monthly revenue received by it from customers in said Blocks 4, 5, 6, and 7, and in Lots 18, 19 and 20 in Block 1, of said Subdivision, taking-water of ten (10) years from the date of the completion of said ^ installation, or, until the Subdivider has been repaid the actual cost of the line so advanced by it, whichever occurs firs£. 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 exoeed the estimated cost of $8985.00, then and in that event the Subdivider will pay the excess to the Com­pany, upon demand, and if said actual cost be less than $8985.00, then the Company will pay to the Subdivider the difference between said estimated cost so advanced and the actual cost. By actual cost is meant the cost of all material and supplies delivered to the job and the cost of all labor employed in connection with the installation of said water main. 3. This agreement shall inure to the benefit of and bind the heirs, executors, administrators, successors from the water main so installed hereunder, for a period ARTICLE III.