The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1908-06-27


from any act. or omission Of the con-
tractor. Its agents or employees
The contractor shall promptly subm II
to the owners and file with said City
Clerk the original OF all bills, invoices.
pay rolls vouchers receipts, and all
other papers concerning each and every
item entering into the said cost OF said
WORK. and shall also, on the same or
the next succeeding secular day, submit
a full, complete and itimized statement
or report In writing OF each days work
and expenditures therefor to the engin-
eer who shall be in charge OF said work
on behalf of the owners, which said
statement or report IL correct, shall be
approved IN writing endorsed thereon
by said engineer and filed in the office
OF said City Clerk for the use OF the
Council of the owners in auditing
claims OF the contractor hereunder
Said council will meet In regular
session on the first and third Monday s
of each and every month during the
progress of said work and will, at such
sessions, audit one and all claims OF
the contractor hereunder then presented
according TO law.
The aforesaid sum of two thousand
dollars t$2. OO0) shall be paid in install
ments TO the contractor as follows !;
Five hundred dollars 5000 on Sept
10th, 1907; Eve hundred dollars 5000
on Oct. 2lst, 1907 five hundred dollars
$4,000 on Nov Is. 1907 five hundred
dollars $4,000 on the completion OF the
said work.
This contract shall take eject only
IL and when the contractor shall file
with the said city clerk two bonds in
which the contractor shall be principal
and solvent surety company shall be
surety, approved by said council, ss
follows: A bond to the people of the
State of Michigan in the penal sum Of
ten thousand dollars 1910. 0O0) az pro-
vided by act No 1877 OF the public acts
of 1905 Of the State OF Michigan, and a
bond TO the owners in the penal sum OF
i've thousand dollars & 5000 condition
editor the faithful performance by the
contractor of this contract In witness
whereof the said party of the first part
has caused its corporate name TO be
hereunto ,subscribed by It's Vice Pres
ident and it's corporate seal TO DO here
unto affixed attested by It's secretary,
and the said party OF the second part
has. by authority Of its council, caused
It's corporate name TO be hereunto sub
soribed by us Mayor and its corporate
seal to be hereunto affixed, attested by
it's City Clerk. in duplicate che day
and year first written above
Falkenau Electric Construction Go.
BY A. Strauss, its Vice President
Attest. Z A Burrows. Secretary
City Of Crystal Falls BY h b
Webb, Mayor.
Attest Robt Munns, City Clerk
IL will be seen from the above that
the contractors were sure TO get their
money first and then the city could
kick all they pleased. The payments
were very cunningly arranged
It will be further noted that there is
an Ambiguous clause in this contract re-
garding the rental Of machinery. One
Of the main reasons these people are
given the contract WAS that they had
machinery 10 prosecute the work with,
yet a clause is inserted making the city
liable for machinery that they may
rent. II may be that they rent all OF
It.
IL will also be noted that these people
were to have filed daily reports with the
city clerk but not one single report has
been filed with that officer nor have any
OF the invoices. pay rolls, etc been
on file in the clerk office
It will also be noted that the con-
tractor is his own timekeeper. How
many men were employed. what wages
were paid etc. etc, none but the con-
bfhctoi hon my 1hihk w hhys
IL is also to be- noted that the con-
tractors do not set the machinery. The
wheels are to be pat in place by them
but nothing more.
The question that confronts the coun
Gil now is 70 obtain the funds. IL is
understood that the bank has consented
to loan the city any money 1t wishes
provided the loan can be made with
safety. II is understood that loan of
s., 600 has been asked OF the bank and
that the directors have agreed to give
1t IL. as stated above, the loan Is found
10 be q safe one.
In addition 10 the bank loan, IL Is
understood that number Of individ-
uals have consented 10 loan from 81. 900
10 So. 900 To- the city provided the loan
is safe.