Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-02-19

velOped. The time has come when it
is necessary that we know definitely
what we are to have in the way Of
power Until this is done we do not
feel justified in going to further eX-
pense in the matter. The time has
also come when we feel that the citi-
zens should be fully informed as to
what we require and for such pur-
poses we submit the following prOpo-
sitiOn:
To make, execute and deliver in
duplicate, q contract with the said
Town Of Eagle River, whenever the
town board Of said town is duly and
legally authorized and directed SO to
do by the electors Of said town, at a
special town meeting and election, at
which the question Of the making or
rejecting Of said contract shall have
been duly and legally submitted, said
contract to be Of the following tenor,
tO-Wit:
Memorandum of Agreement made
in duplicate this............day of .....,.......
................., 1909, by and between the
Town Of Eagle River, Villas County,
Wisconsin,, it's successors and assigns,
party Of the first part, and S. S. Van
N0strand and John J. Klein, their
heirs, executors, administrators and
assigns, parties Of the second part:
''WITNESSETH, That the party
Of the first part, for and in consider
alton Of the payment to it by the
parties Of the second part Of One Dol
lar per year, payable on the first day
Of July in each year, and of the mu-
tual covenants hereinafter expressed,
hereby leases to S. S. Van Nostrand
and John Klein, their heirs eXecu-
tors, administrators and assigns, for
a period Of fifteen years from and af-
ter the date Of this agreement, sixty
horse power Of the surplus electrical
power now owned by said first party
and generated at the Otter Rapids
dam in said town, to be delivered to
the second parties from the power
house Of the first party in the village
of Eagle River, in said town,
1.-THE surplus electrical power above
mentioned is understood to mean that
part of the electrical power now own
ed, generated and transmitted by the
first party to its power house in the
village of Eagle River, and being in
excess of the amount required for it's
municipal purposes or now under con-
tract to other parties.
"The parties Of the second part, S..
| S. Van Nostrand and John j. Klein,
| for and in consideration of the fore
going covenants, and of the mutual
covenants herein contained, do here
| bv agree and bind themselves to
equip, operate and maintain in the
village of Eagle River, in said town,
during the period of fifteen years be-
fore mentioned, plant for the man
ufacture of articles from aluminium,
tin and other metals, and to use said
power so furnished by said first party
in the operation of saidplant,
''The parties of the second part fur
ther agree to furnish and INSTALL at
their own expense, all appliances and
machinery necessary for the trans
mission of said sixty horse power from
said place of delivery to their plant;
and further agree and bind them
selves to employ in the operation Of
said plant, on an average, not less
than one person for every three horse
power used in operating the same.
1T is further mutually covenated
and agreed by and between the part
les hereto that in case the said second
parties shall, at any time after three
months from the date hereof, and
during the said period Of fifteen years,
fail to operate said plant and to en-
i ploy said number of persons, as here
f.! inbef0re set forth, for a continuous
period of ninety days or more, then
all the rights and privileges granted