Imperial press and farmer., 1902-02-22

of first party.
 It is further hereby mutually agreed between parties hereto that the first fifty thousand (50,000) shares of stock of second party which may be sold by first party shall be sold at a price not exceeding Eight and 75-l00 (S.75) dollars per share
 It is further agreed that the second fifty thousand (50000) shares of such stock, shall be sold at a price to be designated by second party, but that such price so to be designated by second party as aforesaid, shall not be less than Eight and 751OO (S.75) dollars per share
 It is further mutually agreed between parties hereto, that all moneys received from the sale of the second fifty thousand shares of stock of second party in excess of $S.75 per share shall be paid to second party by first party
 It is further agreed, that the first moneys received from the sale of such second fifty thousand shares of stock shall be divided equally between parties hereto, until second party shall have received an amount equal to the amount for which said stock shall have been sold in excess of $S.75 per share.
 w.
 Second party hereby agrees to locate all stock sold by first party, as aforesaid, upon the land to be selected by the purchaser of such stock on the order of first party at the time of such sale; Provided, that such stock shall be located within the exterior boundary lines of the lands to be irrigated by second party.
 In consideration of the agreements on the part of first party hereinbefore con- tained second party further agrees that it will order and receive from first party one CD acre-foot of water each year for each share of it's stock which may be sold and located as hereinbefore provided.
 Second party further agrees that it will pay to first party Fifty (.50) cents for each acre-foot delivered by first party to it.
 It is mutually agreed between parties hereto, that second party shall have the right to obtain from first party four (4 acre-feet per year for each share of stock of second party sold and located as herein before provided, and that second party will receive and pay for one CD acre-foot for each share of stock sold and located as here inbefore provided, and that the price for each acre-foot of water delivered by first party to second party hereunder, shall be the sum of Fifty (50) cents.
 It is further hereby mutually agreed that all water received by second party prior to the first day of July of each year shall be paid for on that day, and that all other sums due for water each year shall be paid for on the first day of January of the fol- lowing year
 It is further mutually agreed between parties hereto that the second party shall construct it's own distributing system com mencing the same on the point of delivery on the international line; such work to be done at it's own expense.
 It is further mutually agreed between parties hereto, that first party, or it's assigns, shall have the right at any time to enlarge at it's own expense, any of the main canals of second party, for the purpose of conveying water through the same to other lands, and that after such enlarge ment second party shall pay only it's pro rata of the expense of keeping the same in repair
 Wherever money is mentioned in this con- tract it is understood between the parties hereto that United States Gold Coin is referred to and that all payments made under the provisions of this contract shall