Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1906-04-30

village. in repair also to maintain
and keep in repair and ready Tor
operation on sufficient notice to en-
able it to generate steam, the boil
ers, dyndmos, and engines nov used
in pumping water and making light
and to operate the same whenever
the electrically machinery and ap-
Z. lance, herein agreed to be fur
nished by said s5c3nd parry, is cut
Of repair, in such event, the second
party hereby asrees to provide saf-
ficient coal for fuel to generate
steam.
1t is mutually agreed ans under
stood that the contract now exist
ing between the parties hereto for
the pumping CT water in said village
of Eagle River for fire protection
and for private use and for light
ing the streets and furnishing el5ctric
lights to private consumers in said
village, and also all franchises grant
ed said first party by said second
party, dated July oath, 1902, shall
be and remain in full force and eff
feet for period of seven CD years
from thed ate when said second par
ty shall have full and completely
equipped said Eagle River Light &
Water plant with electric power and
electric current so that said plant
may be operated by electricity; the
said first party hereby agreeing at
the end of said period of seven
l)7( years, to convey to said second
party all of the real and personal
property heretobefore referred to,
free and clear frome liens and in
cumbrances and also to surrender upr
and cancel all contracts and fran
chises now held by it.
1t is further mutually agreed and
understood that in case said second
party does not develop power cleo
trically, as hereinbefore provided,
within seven CD years before the
expiration of said contract now ex-
listing between the parties hereto,
then and in that event, said con-
tract and franchises and also this
contract are hereby extended for
such length of time as will ena-
hle said first party to operate under
said contract and franchises now ex~
listing and also this contract by eleo-
trio p2wer furnished by said second
party as hlrein provided for the
The said Eagle River Light &
Water Company submits and agrees t
enter into said contract with said
town Of Eagle River whenever said
town is authorized so to Go as afore-
said, upon the following express con
ditions; The said town of Eagle Riv-
er shall, after authorizing and direct
ing the town board of supervisors
Of said town, at a special town
election, duly called and conducted
in the manner provided by law, to
execute said contract on the part of
said town, also, thereafter, at
special town election and town meet
ing, duly called and conducted ac-
c0rding to law, authorize and cause
70 be issued the negotiable bonds of
said town in such g sum as shall be
ample and sufficient to enable said
town to bear the expense incident
to carrying out its part OF said con-
tract, therein stipulated to be per-
formed by said town
Signed, sealed and submitted, pur-
suant to a resolution duly adopted
by the Board of Directors of the
said Eagle River Light & Water Co.
and dated at Eagle River Wiscnn-
sin, this 4th day of April 1896.
EAGLE RIVER LIGHT & WATER
COMPANY BY D. e. Riordan,
(Seal) Secretary and Treasurer
Wherefore, Be 1t Resolved By
the Board of Supervisors of the