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man000173 132

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man000173-132
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    University of Nevada, Las Vegas. Libraries

    1 2 3 4 5 6 7 8 9 1 0 11 1 2 13 14 1 5 1 6 17 1|8 19 20 21 22 23 24 25 26 You are instructed not to record the Bill of Sale referred to in paragraph 7 of Section III of these Instructions* VII It is agreed between the Sellers and the District that the final purchase price which the Water Company shall receive for the properties referred to in Section 1 of the Sale Agreement shall be the Preliminary Purchase Price of $2,317*663*43 plus amounts to be added thereto pursuant to the provisions of Section 9 of the Sale Agreement for the period, May 1* 1954, to the sale date, less amount^ to be deducted therefrom pursuant to the provisions of Section 10 of the Sale Agreement for the period, May 1, 1954, to the sale date* Promptly after the sale date the Sellers shall complete the account* ing for the adjustments in the purchase price of the properties re­ferred to in Section 1 of the Sale Agreement to be made for the pe­riod from May 1, 1954, to the sale date pursuant to the provisions of Sections 9 and 10 of the Sale Agreement. Upon the completion of said accounting by Sellers the District shall promptly audit the rec ords of the Sellers with respect to said adjustment. When the par­ties have agreed upon the adjustments in the purchase price of the said properties to be made for the period, May 1, 1954, to the sale date, all of said parties shall give you written Instructions as to the manner in which you shall disburse the Purchase Price Adjustment Fund of $1 5 7 ,3 8 2 .75 which you are holding pursuant to the provi­sions of paragraph (d) of Section IV and pursuant to Section VI of these Instructions. If the parties are unable to agree upon written instructions to you for the disbursement of said fund, you shall hold 9 *