The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-08-28

(25,000) bona fide residents, it will re-
duce the rates to all consumers Of
electricity, other than the city. from
eleven cents 61c) per thousand watts
to ten cents (10c) per thousand watts.
with the same provision for discounts
to consumers of electricity as provid-
ed and set out in this contract. Such
reduction shall be effective beginning
with the month Immediately succeed
ing the month in which it has been
ascertained that such population has
so increased to twenty-five thousand
(25.000).
9Th. is further agreed by the com
pany, in consideration of the making
and execution Of this contract for the
taking of water. gas and electricity by
the city, that it does hereby give and
grant to the city an option to purchase
and acquire the waterworks plant and
appurtenances of the company as To-
caed and constructed in sad city at
the expiration Of the first FIVE year
period of the term of this contract.
or at the expiration of said ten-year
period, and which plant and appur-
tenances shall also include the follow
Ing real estate in said city to VT:
New Town Lot Number Two Thou
sand aod Ninaty-four C2094) and that
portion of Old Town Lot Fifty-one C51)
described as follows: beginning at the
intersection of the East Iine of Og1e
! thorpe street with the Southern line
eff F street and running thence south
along the East line of Oglethorpe
street to the North wall of the pres
ent electric powerhouse of said com
pany (and which wall shall be a party
| walD; thence running East along the
North wall of said power house and
on a line extending beyond it to the
Western line Of Grant street. being a
total distance from the East line Of
Oglethorpe street to the Western line
| of Grant street of one hundred and
eighty 0S0) feet; thence running
| North along the Western line of Grant
street TO the South line of T street;
! thence running Westerly along the
| South line of + street one hundred
and eighty ESQ feet to the point of
pes.hllns' Inc value OF said water
WolhS pianI ana appurtenances' In
uuiuS S"iu real estate 10 De deter
mined by arbitration, the city to Sc
lect one arbitrator and the company
~ street one' ana IL Sald aIDllrators
fail to agree on such valuation, they
shall select an umpire, and the decis-
ION oi SucIl umpire as TO such VaIu-
| duoh Si!dIl ne lihal ana plndln& on
.ue pa I'eS nere'o' II lhe cllF should
u'9l'e 10 exercise 'hIS optlon, II must
) CIV H0'i0e VI us Inueil'lou SIX lo)
,.'oii'nS prior 10 ine expiration or the
III - i've 20, year period OF SIX months
PiIoI 10 lne expiration Oh the ten
wv year perl"u, as the case may be,
4 Such Ho''ce TO De by FORMAL reSolu-
lioil or oIu'"dl'e' copy Oh when must
| pe ser Neu upon inc president wee
| PIe9iuen'' OF manager oil the com
'@"y' "ueH Ndiud!loh OF appfaislHent
must ne hiaue ana submitted TO each
p'i'y IleIe'o "i.uin TWO ~ months
| iloli' inc aale OF lhe service OF such
ilo'iee' po'H partleS asfealn& 10
| ,P'iF So'ecl lnei' a. pl'IatoIS az
,eI l"e 9ei zee VI Sucu hotlce' IN
we event u Sucli pu.clase' lhe Guy
9iidIi pay III cas-" 10 tne company lhe
amount 80 uo'e'''ili'u as lne Nalue ol
9'ch "d'e[ pia"l at llle expiration Oh
adIu I'VE 'ol year peIluu OF sasd ten
wv year perIou' accoruiis as lhe Guy
| ,i'dS eieel ~ PuicnaSe at 'lle eAIIra'
'oi u s"iu nFe l'I year III zen wv
/ year Pe'iou' oI Il tie Guy Shouiu llol
u'9're 10 pay c"S'l LOT sucn property
'iieh 'iie terms anu cono't'oils Oh pay
n'e". may pe iuuluaily aSIeeu upon
IN Ewing iotlce ol ltS ueSlFe 10 pnr-
cidse' ti'e Guy must slate "hetlef or
my II ue9''e9 70 pay cd5u' ana Il nov,
'heh ~ must Set oul lhe terms ana
'ohuitIon8 upoh Whlcli II desires 10
purchase, Il ne cry, aiter giving such
No'lce' sHouid lail 10 make purchase