The herald-advance. (Milbank, S.D.) 1890-1922, 1909-07-16
; Com mercial Lighting


or ~ per cent for cash paid or before the 10th
Of the month following. Flat rate to be not less
than 90 cents per month for each l6c. p light
service.
Meters will be furnished consumers without
cost, with the usual meter rental Of 25 cents per
month. Meters will not be furnished for less
than four lights.
Power rates shall not exceed fifteen cents per
Kilowatt hour,price in each case to be governed
by quantity furnished.
For Street Lighting.
Said grantee shall furnish and maintain eighty
G. p. inCandeecent street lamps for e. SO per
month as per standard moonlight schedule, pro.
vided always that the street lamps shall be kept
in operation until 1880 O'Clock a m, and said
street lights shall be turned on and operated for
the period Of twenty minutes before and until
twenty minutes after the schedule time OF the
arrival OF the night train from the east Of the
Chicago Milwaukee & st. Paul Railway Com
schedule of said train.
Arc lamps will be furnished on the same ight.
ing schedule as hereinbefore specified. at the
rate of not to exceed s. pc, month for each 500
watt iEClOsed orc lamp.
Section TO- he rights and privileges herein
granted are upon these express terms and con-
ditione:
At the expiration of fifteen years said city
shall have the option to purchase said plant.
including all buildings machinery, real estate,
pumps. poles wire ana other fxtules. by paying
therefore the actual cash value of the same,
which value shall be determined follows:
Said city shall appoint one appraiser, and said
grantee, his successors or assigns, shall appoint
one appraiser. and those two 80 chosen shall
choose a third, and the value of said plant as
determined by any two of such appl laisers shall
be the price said city shalpay therefor. III case
OF the failure of the first Two chosen to agree
upon tnird. he shah be named by the Circuit
Judge of the Judicial Circuit of the state Of
South Dakota wherein Milbank is situate In
determining the value Of the plant and fixtures,
the value of the franchise or good Will shall not
be cons idered, but the earning capacity thereof
shall not be ignored by snCh nppraisers.
section Ii. The said grantee also agrees to
pump with the present city equipment or its
equivalent all water tor sad city of NJ Milbank. for
public and dome site purposes from the wells
that are now or may be located on the lots OF
the present city IoWer plant, into the present
city stand pipe, and also to furnish. operate AID
| maintain ut least forty, eighty c. P.lnca ndes-
| cent street lamps IN accordance with the
| schedule heretofore specified. and consider.
| alton tor such service said city agrees to pay
unto the eaid grantee the sum Of 500 per month
tor each months service so furnished. The said
grantee agrees to pump and furnish power for
pumping to the extent OF an aYeras e amount Cf
fifty thousand gallons of water daily, which is
figured and determined upon the basis Of $1,000
per year, and IN the event that SAID CITY shall
not consume and not require said grantee to
pump said average of fifty thousand gallons per
DAY then he shan furnish additional street
lamps for the difereece between the amount of
water actually consumed and pumped for said
city, and said fifty thousand gallons, said COM
putation to be made upon the basic OF the an
nual consumption for each year as indicated by
the read ngs of city meter. and in the event
that said grantee shall pump more than average
of fifty thousand gallons daily he shall receive
compensation for pumping sald excess, at the
rate of six and sx-tenlhs cents per thousand
gallons. The term of said service specified in
this section shall be ten years from and after
the installation and commenceme Mt ofthe opera
ton of said plant, and all ments.for
such service shall be made by the city
monthly. The said grantee shall keep the pump
ing plant in working order, but if any Of the
parts shall be worn out shall break with rea-
sonable use thereof the city shall replace or pay
for replacing such broken or worn out parts in
said plant, and for the labor of replacing
same
Section II. The city council of said city and
ts proper officers shall have the right and rea,
eonable authority to visit and inspect said
plant at all times and in the event that said city
shall exercise its option to purchase said plant
at the expiration Of said fifteen years, the said