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Digital Provenance
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Publisher
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Transcription
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 reports or policies of title insurance, to pay to the Subdivider, at quarterly intervals, thirty-five percent (35$) of the revenue received hy it from consumers located within Paradise Park taking service from the water lines installed hereunder’for a period of ten (10) years from the date of completion of said installation or until the Subdivider has been repaid the agreed upon sum of f11,840*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 binding upon the successors and assigns of the respective parties hereto. IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. Attest: LAS VEGAS LAND AND WATER COMPANY I B] ----- Vxcei President Witness: ^ 7* RfnSffiD^TO®SW^^bas:Paradise Park -4- A -/ 3 *
