The daily sentinel., 1908-10-24

Last night at a special meeting of
the directors of the Grand Valley
Water Users Association the contract
with the Interior department relative
to the beginning of work on the High
Line canal was presented by the sec
retary who had just returned from
Washington and after some discus
sion the contract was ratified and
properly signed by the board of di-
rectors and the president and secre-
tary were authorized to call special
election at once, wherein the share
holders of the association can vote
for or against the ratification of the
contract. There is no question but
what the contract will be ratified by
a unanimous vote.
And thus another step in the work
started long ago by the people of the
city and valley to secure the con-
Struction of the great project, has
been taken.
1t is believed tnat work will start
on the canal before the end of De-
eember and be kept up constantly
during the winter.
The contract as signed and approx
ed is as follows:
Now, therefore. the parties hereto
agree that:
/. The association shall. as here
hdlAtI pIONiutu, Iidht dNdildDle lOI
use by the United States in the con-
struction of the said Grand Valley
project the money and labor so sub
scribed, and the Secretary of the In
terior shall allot the sum of one hun
dred and twenty-five thousand dol
lars CS125,000D from the Reclama-
ton fund established under said act.
such allotment to be utilized for the
construction Of the said project dur
ing the remainder of the present year
and during the calendar year of 1903
to an extent equal to the amounts of
said subscriptions made available to
the United States by the association
in money and work for such construc-
tion.
2. The amounts subscribed in
cash to the fund so contributed by
the association shall be collected by
the association at such times and in
such amounts as may be designated
by the director of the Reclamation
service and shall be made available
for use in payments of obligations
incurred in said construction within
so days from notice by the director
of the Reclamation service that the
same are required. Such moneys
when collected shall be deposited in
such bank or banks at Grand juno
ton Colorado, as may be selected
by the association when countersign-
eu by the special fiscal agent of the
United States Reclamation service
assigned to the project. Such funds
shall remain on deposit at the risk
of the association until the same shall
have been drawn from the bank oil
banks on checks thus issued; and the
treasurer of the association shall be
required to give bond to the assoc
iation in the sum of 1000 for the
faithful performance of his duties II
connection with the handling of these
funds.
3. The association may give tC
the persons paying moneys to the
treasurer for the fund contributed, q
receipt or certificate showing sucf
payment and stating that when this
moneys have been applied in pay
ment of the cost of construction o.
said project, the payor or his desig
mated assignee will be entitled to re
ceive from the association, co-opera
tion certificates to the amount of the
moneys paid by him.
4. The association shall contract
or place orders for such work and
materials as may be requested by the
proicct engineer of the Grand Valley
project and when such work has beer
performed or the materials delivered
to the Reclamation service, the pro
iect engineer will prepare and ap
prove accounts therefore in favor OF
the association showing by whom the
work was done or the materials FUR
nished.
9. When these accounts have