Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1908-10-17

tual costs as aforesaid, to said owner, to-
gether with interest on said cost after
deducting said bonded Indebtedness at
the rate of eight per cent.
per annum from the date when
each dollar of said cost shall have
been incurred by said owner or his pre-
decessors, or either of them, in the own
ersl1ip OF said system, to the date Of said
purchase as shown by the books of the said
owner, his predecessors, or otherwise,
and assuming as aforesaid, said bonded
indebtedness, together with the accrued
interest on said bonded Indebtedness. and
refunding the same to said grantee, if any
there shall be on said system at the date
of said purchase. And in the meantime
said owner shall continue to maintain
said system i'll good repair.
Sec. 2 No license tax of anv kind
or character may or shall ever be i'm
posed by said City of Yerington on said
grantee, his successors in interest, or as
signs, who shall install a water system
in said City, in pursuance of said fran
chise or ordinance, greater than ten
dollars per quarter for all license pur-
poses.
Sec. 49, All hydrants installed as
aforesaid shall be owned by said City,
but excepting during fire in said City,
shall be subject to the same control and
use by said grantee as the remainder of
the said system
Sec IA. The said grantee or his as
signs shall furnish water to the city hall
and school houses in said city and its
additions free OF any cost to said city
during the lite OF this instrument; pro-
vided. that the cost OF all taps, pipes and
plumbing necessary to connect said pub
lie buildings with mains or pipes of the
said water system, snail be borne by said
city
Sec. IS. The grantee, his successors
in interest, or assigns, shall, in pursuance
OF the obligations imposed upon him by
this franchise, provide and furnish to
the city and the inhabitants thereof, as
nearly pure and wholesome water as
may be practical under existing condi-
tions; and the contract and obligation
upon said city of Yerington to
take and pay Tor water for fire purposes
as in this franchise provided, shall
continue in full force and effect, and be
binding upon said city for the full term
of ten years from and after the date of
taking effect of this franchise, and no
longer; provided, however that the
right and option IS and shall be reserved
to said city to continue the right to take
and pay for water, for fire purposes,
during the life of said franchise, or any
part thereof.
Sec. l5T That any failure on the
part OF said grantee, or his assigns, Tex
cept for causes mentioned III Section 10
hereoD TO commence the installation OF
said water system within the time speci-
fed in Section I her eof shall be deemed
a forfeiture OF said franchise, together
with all the rights granted hereunder
az the option of the said city OF Yering
ION
Sec. To- All franchises or ordinances,
or parts of franchises or ordinances, in
conflict with, or inconsistent with the
provisions of this franchise or ordinance,
are hereby repealed.
Sec. II. This franchise is granted to
+. w. Fairbanks, his successors in in
terest, or assigns, after due publication
has been made, according to law, of a
resolution setting forth the terms and
provisions OF this franchise; said publ
cation having been made for six weeks
in the "Nerington Tines a weekly
newspaper Published in the city of Yer
ington, Lyon county, State of Nevada,
and the first publication of said resolu-
tion appearing i'll the said 'Yerington
Times" of date August l, 1908, and the
last publication of date September 5,
1908.
Sec. Is. This franchise and ordinance
shall take effect and be in full force from
and after its passage and adoption, and
publication for period of one week.
Sec. 10. The City Clerk and Clerk OF
the City Council of the City OF Yerington
is hereby authorized and ordered to have
this ordinance, No. 81, published i'll the
"Yerington Times, weekly newspa-
per published in the City OF Nerington,
Lyon county, State of Nevada, Tor a
period of one week.
Passed and adopted this 18th day of
October, A. d. 1908, by the following
vote OF the city councilmen:
Ayes - Mr.. Some, MIR. Snyder.
Nays Mr.. Gallagher.
Absent Air. Ross.
Approved this 18th day of October, A.
ID. 1908, by
JUDSON C. X. SMITH,
Mayor of the City of Yerington.
Attest: w, +, POWERS,
Clerk OF the City Council and
City OF Yerington.