Evening journal., 1904-07-07

farms. four In number, and has no
bearing upon the city supply Of walter.
Pure and Plentiful.
"And In consideration of the forego-
ing covenants on the part OF the New
Castle Water Works Company and al-
so IN consideration of the benefit and
advantage that win arise and accrue
10 the inhabitants Of the said town Of
New Castle from the construction Of
the water works by the said company
and the distribution of pure
water in q plentiful supply throughout
{ the said town giving Increased
security and protection from the dee
stfuction of their property by fire, the
said Trustees Of the Common for them-
selves and their successors do hereby
covenant and agree with the said New
Castle Water Works Company it's
successors and assigns to pay TO the
said water works company the yearly
sum of $4,000 at the time and in the
manner and upon the conditions fol-
flowing" Time and manner of pay
ment here set forth and immateriaL
"And It is further expressly under
lcoyenanted by the parties of these arti-
cues OF agreement. respectively that
whenever IN any year the annual rev
enue of the said water works company
(eNclusive of AN sums received by
them from the said Trustees) clear of
operating expenses shall exceed the
sum of $4,000 then the payment Co De
made by said trustees shall
Lao N.fs ..F l.N
the said revenue over the said sum Of
i3000 The first fiscal year of the said
company for the purpose OF
this stipulation 90 commence al the
date of the first payment made 10 The
said company by the said Trustees and
so sucoe ssively."
At this point in the agreement is
clause regarding the inspection and ace
cess 60 The water company's books by
the trustees and is immatorial
"And 10 is further understood and
agreed hy the said company
that tae payments herein agreed 90 De
made by said trustees shan continue
only So long as water shall be supplied
lasNafofcsail by the said company ex-
cept whom prevented by mavoidah.e
accidents or by the necessary repairs"
NNN ana Noiu
AS can De seen hy The above con-
tract that tho water works company
ana agree with the Trustees of the
Common 90 furnish sufficient water 20
Tho city free forever The trustees all
$50 agreed 90 appropriate annually The
sum of $1,000 to The company until such
a time as the concern Wluld Doe able TO
declare "a dividend of per cent on the
$4,000 originally invested AS years
rolled by however. the trustees bcliev-
Ing that there was no prospect of the
water works company being able TO-
declare such % dividend they Othe trus-
tec) annuned the appropriation some
years ago. TO this the directors of the
water works company made mo fight 90
test The legality of such action ANA the
subject was dropped. Bui part of the
trustees of tine common and the water
works company are satisfied that such
4 action on the part of the trustees an-
nulled the original contract made and
/ that The water company has tho power
TO charge what it sees nt to the city
! for supplying water. i'm view OF this
fact lt Is not believed that James c..
shaw, sr- will appear before Council
/ tonight as requested, 90 explain the rec
cent action OF the company In raising
water rents as the annuling of the
contract leaves nothing for the com-
pany 90 explain ana Il has The city at
itg mercy practically
News Of che Town.
Charyed with acting IN dlsorderly
! manncr ON july 2. Jeremiah Cornish
coiorc1 waa pllced under peace bond
OF Sioo by Magistrate Terry yesterday
laftcrnoon Being unable to furnish
ban he was sent to the county work
house.
About $50 o'clock this morning half
of large tree which hns stood for
many years along the north end of the
ljail yard ZEN with a crash The recent
wind storms together with decay
caused the tree TO break ln two.
Lieut.. George BIydgcs Rodney,
who is spending his vacation with his
parents, Mr. and Mrs. John IA. Rodney,
win return to army lie i'm October.
Lieutenant Rodney Is assigned "a
Troop Al, Fifth Cavalry Fort Apache
Arizona. by a coincidence his brother
Dorsey VINO is in service, is second
lieutenant IN one of the troops of the
Fifth, stationed al the fort.
city Council has completed the work
of opening Holloway street between
Sixth and seventh. That body has all
SO put IN good shape Ninth street and
Washington avenue.
Bennett I. Lancaster win not move in-
10 his former house IN Third street
which was partially destroyed by fire
Although his lease does not expire until
March 25, 1905, it has been cancelled and
he viii remain I'm his present house un-
IN chat time.
After undergoing q thorough rest and
freedom from an business cares Ed
ward Farron, of Philadelphia. who for
the past month has been visiting his
aunt Mrs. Mary Connolly returned to
his Office yesterday
NIAGARA FALLS EXCURSION.
Low-rase Vacation Trips, via Pennsyl.