Imperial Valley press and the Imperial press., 1906-06-02

both the contracts 10 W0lCU iUlpeI'd' Water company No. is party The one of date of April 9th 300 between Socledad de Yruga:ion y Tsuenos de Ia Baia Cahfotnia and Imperial Water company Number One reads as follows;
 EXHIBIT "A'
 This agreement, made and entered ln- to this 9th day of April, 1900. by and between Sociedsd de Yrrigacion Ter renos de Ia Bais California (Sociedad AnonimaG corporation duly formed and existing under and by virtue ot the laws of the Republic of Mexico, party oi the first part. aud Imperial Water com- panv Number one, a corporation formed and existing under the laws ot the state of California, United States ot America party of the secoud part,
 Witnesseth That,
 Whereas, the first party is about ito construct canal for the purpose ot dI- verting certain waters of the Colorado River to be used for irrigation and other useful purposes; and
 EkWhereas first party is desirous ot selling the right to use such water; and Whereas, second party is a corpora ton formed for the purpose of supplying water at cost to it's stockholders only upon certain lands situated in the Coun- ty of San Diego, State of California, and situated within certain exterior bound arv lines mentioned and described in the articles of incorporation of second party and, Whereas, second party is deslrous ot obtaining supply of water for the use of it's stockholders.
 Now, therefore, This agreement furth- CT witnesseth:
 That for and in consideration Ot tue agreements on the part of second party hereinafter contained, first party hereby agrees upon demand of second party to annually deliver to second party four (4) acre-feet of water for each share of stock of second party, which may have been issued and located upon lands situated within the boundaries of the lands to be supplied with water by second party; Provided; however, that the aggregate amount of water which first party Is hereby obligated to deliver to second party shall not exceed four hundred thousand (40O, ,O00) acre-feet per annum.
 II.
 Said water so agreed to be delivered by first party to second pasty, as afore- said. is to be delivered at the point on the international boundary line between the Emitted States and Mexico, to be hereinafter agreed upon and it is here by mutually agreed that first party shall have nointerest in, or control over said water. after the delivery thereof at said international boundary line.
 III.
 In consideration of the agreements upon the part of first party hereinbefore contained to deliver water to second.par- ty, second party hereby agrees that first party shall have the exclusive right to sell the entire shares of capital stock of second party, and, except as hereinafter contained, further agrees that first par ty shall receive for its sole use and ben eft all moneys obtained by it from such sale of the stock of first party.
 ".
 It is further hereby mutually agreed between parties hereto, that the first fifty thousand (5O,0OO) shares of stock of second party which may be sold by first party, shall toe sold at price not ex- ceeding Eight and 75-l00 (8.75) dollars per share.
 It is further agreed that the second fifty thousand (6Q ,OO0) shayes of such stock, shall be sota &t price to be desig- mated by second party, but that such price, so to be designated by second party as aforesaid, shall not be less than Eight and 75-10O (S.75) dollars per share.
 It is further mutually agreed between parties hereto, that all moneys received from the sale of the second fifty thous- osd aIo.oe of otooL of oaoOnd pa rfv in