The herald-advance. (Milbank, S.D.) 1890-1922, 1909-07-23
For Street Lighting.

Said grantee shall furnish and maintain eighty
c. =. incandescent street lamps for $3.50 per
month per standard moonlight schedule, pro-
yded always that the street lamps shall be kept
in operation until II 80 o'clock "a. m, and said
street lights shall be turned on and operated for
the period OF twenty minutes before and untll
twenty minutes after the schedule time OF the
arrival of the night train from the east OF the
Chicago Milwaukee Il st. Paul Railway Com
paDy, said service to be subject to change OF
schedule of said train.
Arc lamps will be furnished on the came ight-
ing schedule as hereinbefore specified. at the
rate of not to exceed 81 per month for each 5oo
watt iEciOsed orc lamp.
Section TO- The rights and privileges herein
granted are upon these express terms ana con-
ditions:
At the expiration of fifteen years said city
shall have the option to purchase said plant,
including all buildings. machinery, real estate,
pumpe. poles, wire ana other fxtuies, by paying
therefore the actual cash value of the same,
which value shall be determined as follows:
Said city shall appoint one appraiser, and SAID
grantee, his successor rs or assigns, shal appolnt
one appraiser, and those two so CHOSEN snail
choose third, and the value OF SAID plant as
determined by any two of such appraisers shall
be the price said city shallpay therefor. lii case
| of the failure OF the first TWO chosen to agree
upon a inlrd he shall be named by the ClrCuit
Judge of the Judicial Circuit OF the state or
South Dakota wherein Mlbank is situate. In
determining the value of the plant and 1xtures,
| the value of the franchise or good Will shall not
be onsidered, but the earning capacity thereof
! shall not be ignored by such appraisers.
|
| pump with the present city equipment or It's
equivalent all water for said city OF Milbank Tor
j public and domestic purposes nom the Wells
! that are now or may be located on the lots OF
| the present city power plant into the present
city stand pipe, and also to furnish, operate and
maintain at least forty, eighty-C. +. .lncandes'
cent street lamps In accordance with the
/ schedule heretofore specified. and IN consider
/ alton for such service said city agrees TO pay
unto the said grantee the sum of $500 per month
| for each months service SO furnished. The said
grantee agrees to pump and furnish power LOT
/ pumping to the extent of an average amount or
| fifty thousand gallons of water daily, which ls
| figured and determined upon the basis OF 81 200
| per year, and IN the event that SAID CITY snail
| not consume and not require said grantee TO
| pump said average of fifty thousand gallons per
! day then he shall furnish additional street
| lamps for the differeeCe between the amount or
| water actually consumed and pumped tor SAID
| city and said fifty thousand gallons. said COM
putation to be made upon the basis or the an
| nual consumption for each year as indicated by
| the readings of city meter and in the event
| that said grantee shall pump more than average
| of fifty thousand gallons daily he shall receive
| compen sation for pumping SAID excess, at the
| rate of six and siX-tenhs cents per thousand
| gallons The term of said service specified in
| this section shall be ten years from and after
| the nst tallation and commenceme mt ofthe opera
tion of said plant, and all payments:tor
such service shall be made by the city
monthly. The said granite shall keep the pump
ing plant in working order, but If any or the
parts shall be worn out or 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 IL. The city council of said city and
its proper officers shall have the right and req,
sonable authority to visit and inspect SAID
plant at all times and in the event that eaid city
shall exercise it's option to purchase said plant
at the expiration Of said fifteen years, the said