Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1902-07-19

fulfill his SAID contract, ana mas nOGl-
fed said first party that he would
have to default in carrying out the
same, and surrender his said contract.
and it is further understood that the
financial standing and ability OF said
Thrun is not such that said contract
can be enforced. 1t is further under
stood and agreed that said water works
can be run and maintained more eco
nomically if run in connection with
said electric light plant than il each
plant was run separate from the other.
II.
Said first party on its part agrees to
maintain and keep in "a proper state
of repairs the pumps, mains, MIGRANTS
and connections of said water works
system at it's own cost and expense,
and in case of breaks and leakages
occurring so as to unnecessarily waste
water, said second parties shall have
the right to repair the same, II the
first party shall fail to do so promptly
and to charge the actual cost and ex-
pense of such repairs to the first
party.
Ill.
The second parties, for the consid-
Grafton hereinafter named, agree to
operate said water works plant for
first party day and night, and to
maintain at all times pressure OF
forty pounds to the square inch, if
the apparatus furnished by the first
party will warrant such pressure,
and also to maintain any reasonable
amount of pressure desired by the
first party in the event of fire, in or
der to furnish proper fire protection.
The second parties agree to furnish
the fuel, oil and other material needed
to operate said plant at their own eX-
pense.
The second parties further agree to
furnish the necessary boiler capacity
to operate the pumps to be furnished
by the first party.
V.
1t is further agreed that the said first
party shall have the right to collect
such charges as it may deem reason
able from private consumers Of water,
and that the moneys so collected shall
belong to the said first party; but the
second parties shall have the right to
insist that if charges are made by
said Town to private consumers
water meter rate shall be fixed instead
of flat rate, to the end that each con-
sumner shall be called upon to pay for
the water actually used. The second
parties agree and obligate themselves
to pump the water for private con-
slmers for the consideration herein
after named, but shall not be obli-
gated to keep in repair or make the
connections between the mains and
the places where such private parties
desire to have the water conveyed.
For and in consideration of the fur
nishing and maintenance of the street
lighting hereinbefore provided for in
this contract, and in consideration of
the operation and maintenance of said
water works plant, as hereinbefore
provided, said first party agrees to
pay said second party, his associates
and assigns, the sum of Four Thou
sand Eight Hundred ($480O.O0) Dol
lars per year, said sum to be paid in
twelve equal annual installments,
such monthly installments to be paid
on the 9th day of each month for the
preceding month. In addition to
said sum of Forty-Eight ($4800.00)
Dollars, said first party agrees to pay
said second parties a sum annually
equal to the amount of taxes levied
and assessed for all purposes against
their electric light plant, and all pre-
perty used in connection herewith,
including the franchise granted to
said second parties. or their assigns.
VII
This contract shall continue and be
force for period of twelve years
from and after the date of it's ratifca
ton by the electors of the town of
Eagle River.
1t is further agreed between said
parties that the said second parties
shall not charge private users for
electric light to exceed at the rate Of
two-thirds of a cent per hour for a
sixteen candle power incandescent
lamps.
1t is further agreed that there shall
be levied annually and inserted in the
tax roll of said town OF Eagle River
a sum sufficient to carry out the terms
OF this contract on the part Of said
town.