Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1908-04-30

OF laa same. The said resolution and
notice shall be served upon any OH.
Ger, direclcr, manager or superintend-
ent of the company.
49, With q twenty-four hours after
the service of such notice and resolu-
ton, the company agrees that it will
cease manufacturing ice upon said
premises and all its rights under this
agreement shall cease and this agree
ment shall become absolutely null and
void except that the serving of said no
tice aud copy of resolution shall in no
manner affect any remedies secured to
the city uuder this agreement as here
matter set forth; This agreement may
be reinstated by a resolution adopted
by majority vote of the Council at
any regular or special meeting duly
called for that purpose.
t9) The company agrees to give a
bond in the sum of $2500.00 with two or
more sureties to secure the perform
ance of each and every agreement, by
il to be performed under this contract.
The said bond shall be approved by the
Mayor of the city by his Endorsement
in writing and fled with the city clerk
before the deliver, OF this contract
The said bond shall be especially
conditioned so that il the Company
shall neglect or refuse to discontinue
the making of ice upon the serving of
the resolution and notice, aforesaid,
then and in that event the full sum of
s2500.00 shall become due and payable
thereon at once and the parties hereto
agree upon and hereby fix the sum of
S2500,O0 as liquidated damages TO be
recovered by the city in the event of a
breach of the aforesaid bond by a
failure to cease making ice after such
due notise as hereinbefore provided
for.
(l0) 1t is expressly agreed and un-
derstood between the parties hereto
that the Common Council of the city
shall be the final Judge as to whether
the operation of the ice plant upon the
city premises as hereinbefore set forth
is endaDgering the city IS water supply
and it is expressly aged between the
parties hereto thai any appeal to the
courts from such order to cease oper-
atious or any other course of action
after the service of the notice above
described on the part OF the company
inconsistent with the true intent and
purport of this agreement shall be re-
garded as a breach OF the bond pro-
vided for in paragraph of this agree
menG and the full sum thereof shall at
once become due and payable, one of
the purposes ana true intents of this
agreement being To vest the absolute
control OF these premises in the Com
mon Council of the city Of Mineral
Point In SO far as the manufacture of
ice thereon is concerned.
az 1t is expressly agreed and un-
derstood between the parties hereto
that il the City exercises its right to
purchase the Electric Light & Power
Plant of Mineral Point Electric Light
Company under the Public Utilities
act Of this State, then aud in that
event the Ice Plant and Steam Heat
ing Plant are to be in no manner con
sidered as part of the Electric Light
Plant. ard the said City is in no
manner obligated to purchase the Ice
or Steam Heating Plant
(12l 1t is furthermore expressly
agreed and understood that the Com
pany shall at all times allow its plant
to be open for the inspection of the City
officers and members OF the Council
or their agents or attorneys.
ll3l 1t is expressly agreed and un-
derstood between the parties hereto
that any action taken by the city
under this contract shall not impair
the right of the City to seek such
other relief as may be necessary in
the Courts.
14l 1t is further agreed by the COM
pany that it will at any time furnish the
City with reports of the amounts of
water pumped and used by it or with
any other information in its posses
sion as to the city's water supply and
fire protection.
(l5) This Agreement shall bind the
parties hereto and their respective sue
essors and assigns to the full and
faithful performance of each and
every agreement contained In the
same.
(l6) In witness whereof the parties
hereto have caused these presents to be
signed by their proper officers this
oath day of April, A. d. 1908.
Mr., f, G. Ludden addressed the
Council, saying the Electric Light Co.,
would accept the agreement except
they would not agree to the $500 rent.
Moved by Alderman Crawford:
That Section l of the agreement be
amended by changing the $500 to 500:
Lost by the following aye and nay
vote;