Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1906-04-23

village, in repair; also to maintain
and keep in repair and ready fer
operation on sufficient notice to en-
able it to generate steam, the boil
ers, dynamCs, and engines now used
in pumping water and making light
and to operate the same whenever
the electrically machinery and APP
niance, herein agreed to be fur
nished by said second party is out
Of repair, in such event, the second
party hereby agrees to provide suf-
ficient coal for fuel to generate
steam.
1t is mutually agreed an! under
stood that the contract nov exist
ing between the parties hereto Tor
the pumping Of water in said village
Of Eagle River for fire protection
and for private use and for light
ing the streets and furnishing electric
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
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
cumbrances and also to surrender upp
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 a length Of time as Will ena-
said contract and franchises now eX-
listing and also this contract by cleo
1rlc power furnished by said second
party as h5rein provided for the
full period Of seven CD years.
The said Eagie River Light :,
Water Company submits and agrees /!
sntsr into said contract with said
town CT Eagle River whenever SAID
| town is authorized so to do as afOre-
said, upon the following express con
ditions; The said town Of Bagle Riy-
er shall, after authorizing and direct
ing the town board of supervisors
IF said town, at a special town
election, duly called and conducted
iii the manner provided by law tC
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-
cording 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 resolution duly adopted
by the Board of Directors of the
said Eagle River Light e Water Co.
and dated at Eagle River. Wiscon-
sin, this 4th day of April, 1866.
EAGLE RIVER LIGHT & WATER
COMPANY By D. E. Riordan,
(Seal) Secretary and Treasurer.
Wherefore, BE 1t Resolved, BY
the Board of Supervisors of the