Bryan daily eagle and pilot. [volume] (Bryan, Tex.) 1909-1918, 1911-02-02

chased by him within twelve months |
from date of signing OF this contract. |
It Is iurther agreed and fully under !
stood that should the city Of Bryan.
or its assigns and successors, acquire
ownership of the power, light and wa
ter plant (as hereinafter provided,
the said city OF Bryan guarantees to
the owner or operators OF the flour
milling plant that they will continue
to furnish power to the said -four. mill
ing plant sufficient to operate the
same, and at cost not to exceed ten
per cent (l0qo) on cost OF the power
SO furnished
The contractor agrees to allow an
examination of the books OF his plant
at the option Of the city after the ex-
piration of the sixth year OF this con-
tract, and should the result OF such
examination prove that the net profits
to the contractor In the operation OF
his plant have exceeded for the year
ending is per cent net per annum, TO
make rebate to the city OF the
amount Of such excess, but this rebate
is not to exceed per cent Of the rate
of charges named in this contract
The contractor further agrees to al
low yearly examinations Of the books
of his plant from the ending OF the
sixth year and unto the expiration OF
this contract In like manner as afore.
mentioned. and should 1t be shown by
such examination that his net profits
are exceeding Is per cent per annum
to rebate to the city as follows: End
ing the seventh year, rebate not to
exceed 10 per cent; the eighth year
not to exceed IL LIZ per cent; the
ninth, not to exceed IL per cent; the
, tenth and thereafter until the expira
, ton of this contract, the rebate no
: to exceed reduction of the charges
!. or rates named in this contract o.
over 20 per cent.
r The examination OF the books o
, this company for the purpose OF fix
, ing the rebate herein mentioned Is 4
be made by one expert appointed b,
0 the city and one by the contractor, tn
1, city to bear the expense of both.
The plant will be built along tn
o lines OF the plans and specification
\ herein outlined. the contractor agree
o ing to confer with the city enginee
a before letting contract for additions
4 equipment or making any changes.
The contractor agrees on request c
70 the city, as hereafter provided, 70 IL
r. stall additional power.
h. The city agrees to pay the contra.
n. tor cents per kilowatt hour, as r,
corded on meter, for all electrical GU
n rent supplied to the city, and ~ Il
n cents per 1000 gallons for waite
Of pumped from the wells into the reese
ir voir, tower and mains, as shown
the meter
$. The reading from these meters shs
al be taken monthly, and will be paid Il
80 in cash on OF before the 10th day
of the month following the reading, ar
the meters will be placed at point
RS points nearest the plant. as may
agreed upon by the contractor and Il
m city engineer, as best suited or adal
nd ed for such purposes.
IN The city agrees TO install wat
m mains OF such diameter and materi
OF that at the furtherest plug with 10
tie other plugs in operation for fire sci
er ice there will not be loss OF mo
on than forty feet in friction.
ar. The city further agrees TO SUPP
.er and install a pole or conduit line,
IN both, sufficient in extent TO reach
ial reasonable consumers Of current a
,es to exercise due diligence in induci
ce, citizens 10 use electric light a
nd power
ter Il is understood and agreed Il
ct. when the city makes a contract W
ice a consumer for lights the said c,
on sumner must agree to pay guarantee
.ch consumption monthly of not less tn
,en 20 per cent of the estimated load C.
Iod nected, whether or not he uses
TO current On motor service each G
md sumner must guarantee 90 cents
not each horse power per motor, exc
Tor when a special agreement may be
ity tered into with the consent of the c
ice tractor.
en- The city further agrees to sell
md current to consumers unless the sa
all is metered at the consumers place
,rd- business or residence, unless specia
by agreed to by this contractor. And
ms. the event the consumer does not
the up the amount of current sufficient
as. equal his guarantee, he is to pay 5
the guarantee and said city and the c
for tractor are to divide the said guar
ion tee In proportion as the charge Q
ter cents per kilowatt bears TO the guar
hen tee at rate charged by city. tThis
pre- understood that the city is to cha
ase a minimum rate. and that the c
not sumner Is to pay said minimum TO
as city whether he uses current eno'
der to amount to said minimum; said
,od. tractor Is to receive his proportion
said minimum as cents per kilov
,ect bears to the said minimum charged
len the city,
the The city of Bryan agrees to SUI
the and install within 500 feet OF
eed. power plant built by the contracto
.ees sufficient number of wells to suppl
his minimum of 100000 gallons OF WI
the per day, and that point not All
the i40 feet from the surface OF
the ground to build a water tower,
the supply and install a reservoir OF
alive less than 100000 gallons. top OF
ater reservoir to be not over fourteen
from the surface of the ground.
in Ii is understood herein that the
heir is to furnish pipe for the air in a.
,ady said wells, and should the point
BARD which the water Is reached in an
city said wells fall below a depth OF
for feet, and should it become neces
cur to install wells In the territory
wing side of the area named herein,
oz.,.,aatn,. hold opd claim that