Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1905-08-10
Memoranda Of Agreement.

81 - 49,.
Memoranda Of Agreement.
So many conflicting statements
have been made about the agree
ment entered into between the
city council and the water company
az to the proposed purchase Of the
plans that we publish the agree.
ment in full. It is as follows:
This agreement, made and
entered into this thirteenth day Of
July, in the year one thousand
nine hundred and five, by and be-
tween John M. Jack, az admins
traitor Of the estate Of w. N. Jack,
deceased, Josephine Jack, Harry
NJ. Jack, James M. Jack,
Norman M. Jack and John
M. Jack, being all and
every OF the heirs at law of said
w. NJ. Jack, deceased, the parties
Of the first part, and the city Of
Grangeville, a municipal corpora
ton, Of the county of idaho, state
Of Idaho, the party of the second
part,
Witnesseth, that the said par.
ties Of the first part, being the
owners Of the water system supply
ing water to the said city Of
Grangeville and the inhabitants
thereof for municipal and domestic
purposes, and being DESTROYS Of
selling the same to said municipal
ity;
Now therefore, the said parties
of the first part, for and in con-
alteration Of the promises and Of
the payments as hereinafter speci.
fed TO be made, hereby agree to
sell to said second party, and does
hereby give to said second party,
the exclusive right to purchase Of
said frst parties the said system
for the sum OF thirty-two thousand
(32, OOO) dollars. The said option
to extend to such time as the quee-
ton Of issuing bonds for the pur-
pose of purchasing the said system
shall have been by the city council
Of the said city submitted to the
qualified electors within the said
city, and the said election have
been held and determined by said
electors; aud in case said elec-
tion shall result in the favor Of the
issuing Of said bonds, this option
shall extend to such further time
10 may ba necessary for second
party to carry out all the terme
and conditions necessary and requi.
site to be done and performed
BY the said second party for
the issuing and negotiating Of said
bonds, il the same shall be author
lied by the voters voting ct said
election. The said option TO pur-
chase said system to in no event
extend later than July 10, 1906.
First parties fun Their agree that
they will ct any time hereafter,
and while this option shall remain
in force and effect, give second
parties, ito officers, agents and en-
ployes, the right and privilege Of
fully inspecting and examining the
said system Of water works and
for that purpose shall have the
right to inspect al books, docu-
ments or other papers belonging to
or In possession Of first parties per-
tanning to the said system Of water
works; shall have the right to
enter in and upon all property be-
longing to first parties which is
used in connection with said water
works, and to dig and excavate in
any and al places it may desire 30
20 do in order TO ascertain the
quality and conditions Of all pipes
and mains used in conveying water,
and TO in all things and in all
ways, to give every Assist
snce and help which second
parties may require in order to
make = thorough examination Of
the said system.
Second party agrees that it viii
- soon - may be possible under
the provisions Of the law in
such cases made and pro-
vided, submit to the qualified
electors Of the said city of Grange
vile, the question VI voting bonds
in such sum a. shall be necessary
to pay to. first parties the said sum
Of thirty-two thousand $4,000