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man000161 119

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man000161-119
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    University of Nevada, Las Vegas. Libraries

    \ # # 1 divider and to complete the Installation with reasonable diligence. 2 2. To pay to the Subdivider at monthly intervals, fifty S percent (50$) of the monthly revenue received by It from customers 4 in said Block 2, Boulder Dam Homesltes Addition, taking water 5 from said pipe line for a period of ten (10) years from the date 7-. 6 of completion of said installation, or, until the Subdivider has 7 been repaid the actual cost of the line so advanced by it, which- 8 ever occurs first* 9 ARTICLE III 10 It is mutually agreed: 11 1. That the water mains so Installed shall be and remain 12 the property of the Company. 13 2. Should the actual oost of the Installation of said 14 water mains exceed the estimated cost of $3,400.00, then and in 15 that event the Subdivider will pay the excess to the Company, upon 16 demand, if said actual oost be less than $3,400.00, then the Co- 17 mpany will pay to the Subdivider the difference between said 18 estimated cost so advanoed and the actual cost. 19 By actual oost is meant the cost of all materials and 20 supplies delivered to the Job, the oost of all labor employed In 21 connection with the installation of said water main, the oost of 22 any premiums paid by the Company on bonds of any nature whatso- 23 ever required in connection with the Installation of said water 24 main, plus ten percent (10$) for supervision and overhead. ; 25 3. This agreement shall inure to the benefit of and bind the 26 successors, heirs and assigns of the respective parties hereto. 3. A-9