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Union'Pacific, at al. II. December 10, 1953 6 , A ll ta x e s le v ie d and a sse sse d upon ©r properly a ttr ib u ta b le t© any o f th e p r o p e r tie s referred t© In paragraphs (a) to (e ) o f S ectio n 1 h ereof in th e calendar year in which th e s a le date occurs s h a ll fee prorated between you and th e D is t r ic t a s o f the s a le date and th e purchase p ric e ad ju sted accordingly* 7 . Said purchase p rice s h a ll be paid in cash or in such other medium o f payment as you may d e s ig n a ts . I t i s understood th a t in order to fin a n ce t h i s purchase i t i s n ecessary th a t th e undersigned fee au th orised to is s u e bonds pursuant to th e s t a tu t e under which th e undersigned was created and i s a c tin g . Therefore one o f the co n d itio n s o f t h i s o f f e r i s th a t i t s h a ll not ba binding upon th e und ersigned u n t il i t s bonds so to be au th orised are so ld and th e money therefrom i s a v a ila b le . This o f f e r s h a ll remain in e f f e c t u n t il i t i s r e js e te d by you or withdrawn by tha undersigned by n o tic e g iv en w ith th s sans form ality as t h i s o f f s r i s mads and g iv e n . W ill you p lea se a d v ise your r e a c tio n t o t h is o ffa r , and i f t e n t a t iv e ly a ccep ta b le, w i l l you su ggest a tim e and p la ce where your a tto r n e y s can meet w ith ours to draw up th e papers s e t t in g fo rth a d e ta ile d agreement between