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%1 y - % - ©£$®r that welt taft attorneys coaM render their opinion m aforesaid. -fte- fees of web boat attorneys would be paid by John luveea is to. 7. H e i«4-h-i ai contract would ala© contain a provision to the effect that the Eailroad Cospaay recognizes that John Wavee® & Co. ia the jerfsraanee of such contract M B be repaired to lay oat substantial mxm ©f waey for engineering, accounting tad legal services, aat that reiidnarsesKBt for such liabilities for such purposes aat any compensation for time aat effort- of John ft Co. Is the perforiEenee of web eoafcraet will wceeiNarily be- derived fro® and limited to profits received by dobs Saveea & Co. in the sale of the water revenue bondsj sad that a® a eoase^nce thereof, such iadLUal contract would necessarily contain a provision that If, for say reason, the Eailrosd Company should sell web water system for cash instead of is exchange for water revest- bonds as above set forth, m if the lailroad Caspaay t e M -sell suck water system to a pur­chaser other than the Water District ©r the City, then, and is that ©vest, tbs lailroad Colony would pay to John Hoveea & Co., is full discharge and release of a n liabilities and claims whatsoever, a so® in cash e^ial t© 1,5 sf the purchase price of said water system, such payment to be mode m the date of the sale of the water system. Jackson E. Cagle JSC:«®r July 29, 1952