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Digital Provenance
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Publisher
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Transcription
ARTICLE II. THE COMPANY AGREES: 1* Upon the execution of this agreement and receipt of said Bill of Sale, and such necessary easements for said water lines, and receipt of necessary policies of title insurance, to pay to the Subdivider at quarterly intervals thirty-five percent (35%) of iky& revenue received by it from consumers taking direct service from.' 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 sum of $2,200*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 > Vice President r ''s HJl. Witness;: HARRISON S. STOCKS -4-
