Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1906-04-16

village, in repair; also to maintain
and keep in repair and ready for
operation on sufficient notice to en-
able it TO generate steam, the boil
ers, dynamos, and engines now used
in pumping water ana making light
and to operate the same whenever
the electrically machinery and APP
pianCe, herein agreed to be fur
nished by said second party. is out
Of repair, in such event, the second
party hereby agrees to provide SUI
ficient coal for fuel to generate
steam.
1t is mutually aereed and under
stood that the contract now exist
.n5 beT EN- The parties herlto fCr
The pumping OF water ia said village
Of Eagle River for fire protection
and fer private use and for light
tns the strezts and furnishing electric
lights to private consumers n said
village and also all franchises grant
ed s5id first party By said second
party, dated July 24th 1892. shall
be and remain in full force and eff
feet for a period Of seven CD years
from thed ate when said second par
" shall have full and completely
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
DC years, to convey to said second
party all of the real and personal
property heretobefore referred to,
free and clear frome liens and in
aIJ1O N1.l1 Ill to do,
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 fOI
such a length Of time as will ena-
Gle said first party to operate under
said contract and franchises now ex-
istin5 and also this contract by eIec-
-ric D1Wer furnished by said second
party IS herein provided for the
full period Of seven % years.
Iha said EaEle River Light &
Water Company submits and agrees II
e0t5r into said contract with said
town Of Eagle River whenever said
town is authorized so to do as af0re-
said, upon the following express con
d2tiors: The said town of Eagle Riv-
er shall, after authorizing and direct
ing the town board of supervisors
IF 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 a
special town election and town meet
ing, duly called and conducted ac-
ccrding to law, authorize and cause
TO be issued the negotiable bonds of
said town in such sum as shall be
ample and sufficient to enable said
town to bear the expense incident
to carrying out it's 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, Wiseon-
sin, this 4th day of April, 1906.
EAGLE RIVER LIGHT & WATER
COMPANY BY D. E. Riordan,
Sab Secretary and Treasurer.
Wherefore, Re 1t Resolved. By
the Board of Supervisors of the