Imperial Valley press and the Imperial press., 1906-06-02
OUR WATER RIGHTS
BY r. G RAVENS

VI.
 In consideration of the agreements on the part of first party hereinbefore con tqined. second party further agrees that it will order and receive from first party one 70 acre-toot of water each year, for each share of it's stock which may be sold and located as hereinbetore provided. Second party further agrees that it will pay to first party Fifty (.5O) cents tor each acre-ioot delivered by first par ty to it.
 VII.
 It is mutually agreed between parties hereto, that second pat ty shall have the right to obtain from first party four t4) acre-feet per year for each share of stock of second party sold and located as bereiubefore provided, and that second party will receive and pay for one W acre-foot for each share of stock soldand located as hereinbefore provided, and that the price for each acre loot of water delivered by first party to second rarty 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 following year.
 K
 It is further mutually agreed between parties hereto, that the second party shall construct it's own distributing sys- tenn commencing the same on the point of delivery on the international line; such work to be done at it's own expense
 X.
 It is further mutually agreed between parties hereto, that first party, or its assigns, shall have the right atany time to enlarge at its own expense, any ot the main canals of second party, for the purpose of conveying water through the same to other lands, and that after such enlargement second party shall pay only its prorata of the expense Of keeping the same in repair.
 Wherever money is mentioned in this contract, it is understood between the parties hereto that United States Gold Coin is referred to and that all pay ments made under the provisions of this contract shall be made in United States Gold Coin.
 In witness whereof, the parties here to have hereunto caused these presents to be executed upon the day and year first above written by their respect pres idents and secretaries thereto being first duly authorized so to do by resolu- tons of their respective Boards Di- rectors.
 LA SOCIEDAD DE YRRIGACION Y TERRENOS DE LA BAJA CALL FORNIA (SOCIEDAD ANONIMA) (Seal.)
 By Hiram w. Blaisdell,
 Vice. President,
 By William T. Heffernan,
 Secretary.
 Party of the First Part. IMPERIAL WATER COMPANY NO. l (Seal)
 By A. M. Chaffey,
 President.
 By L. Nj. Holt,
 Secretary. Party of the Second Part.
 It will be seen from the above con tract that the SocIedad de YrrigacIon sold to Imperial Water company No. l THE RIGHT TO USE 100000 acre feet of water per annum on 100000 acres of land for the sum of S675,o and that for the payment of this sum Water company No. i turned over Its entire capital stock of 100000 shares to be sold by said Socledad de Yrrlga- clon and the proceeds retained by 1t for It's own use and benefit Water company No. also agreed 10 build its