Lincoln County times. (Jerome, Idaho) 1911-1919, 1911-11-09
COPY OF CONTRACT
Between the State of Idaho and the
Twin Falls North Side Land
and Water Company.
[Second Segregation.-Part Three


charges for the carrying and maintenance
OF said canal and the and operation thereof is
hereby provided that said lands ordered thrown
open for settlement corporation, be known the North
Side Canal Company, Limited shall be FORMED at the expense
of the party OF the second part and the Amended Articles OF
Incorporation of said Company be in the form which is here
attached and made part hereof that the authorized capital
stock said corporation shall be two hundred thousand w
shares which intended represent share for
each OF land which may hereafter be irrigated from said
canal The entire authorized OF the capital stock OF
said corporation shall be delivered the party OF the second
herein consideration oil the covenants and
herein contained order enable deliver purchasers
OF rights the shares OF stock representing the
Said shares stock however shall have voting power and
shall and effect until they have been sold or
contracted be sold purchasers OF land under this irrigation
system.
At the time OF the purchase OF any right there shall
be issued the purchaser thereof share OF the capital stock
said corporation for each OF land entered filed upon
That the said party OF the second part herein SHALL in case
said rights shares OF stock fully paid for
quire the endorsement and delivery said stock and
shall the time, require of said purchaser agree
that until hirtyfve 1850 oil the purchase
price OF said stock has been paid the said party OF the second
part herein shall said stock in such may
deem proper all meetings OF the stockholders OF said
porauon.
But the said second party hereto the North Side Canal
Company cannot in control OF the said system
limit the liability OF the said party under
OF this
The said North Side Canal Company shall have manage
canal system fast the is completed and turned
for operation by the said party of the part
hereinafter provided Whenever certified by Chief
Engineer OF the Company and the State Engineer that certain
portions OF the said canal completed the purpose OF
operation the may with the OF the Land
Board be turned the North Side Canal Company
operation. Such transfer and operation however, shall
any lessen the responsibility OF the said second party
with reference the OF the contract shall such
upon the part the as
final acceptance OF such portion OF such canal being always
understood that the acceptance said canal
tey and that the bond given the faithful performance
said be made and be liable
tia completion OF the entire canal system.
DEDICATED
TO- The certificates OF shares OF stock OF the North Side
Company Limited shall be made indicate and define
the interest thereby represented in the said SYSTEM towt
right eghteh OF cubic foot per second for
proporonate interest in said canal based upon
the number OF shares ultimately sold therein While the par
ty the second part shall retain control OF said North Side
Canal Company Limited shall be measured to
diversion from the lateas of such irrigation
system such quantities and such times the condition
crops and weather may determine but according such
rules and regulations based system OF distribution
to the rgatos in turn and by rotation will be
protect and the interests OF all the OF from
said system 1t is agreed that said system OF distribution
by rotation shall be devised by said of the second
and used by the North Side Canal Company Limited Tin
the necessity arises during the period while retains thu
management OF said North Side Canal Company Limited
gneer The sale of the rights the purchaser shall
dedication OF the the lands which the same
be applied such right be part and to relate
the right belonging to said irrigation system.
MANAGEMENT OF WATER
H. The party of the second part agrees
that conducted through the
be available point exceed one hall mile
In direct line from each quarter section of land herein des
crbed and be irrigated and reclaimed by conducts
through said canals.
il md MA in all
fumes weirs and other devices for the control and
the main canals and reservoirs and in tn
main ateras being intended that the settler SHALL unde
direction the Chief Engineer OF the second party bull
and furnish gate measuring device for his but tina
all other gates wers and measuring devices the main canals
subordinate shall be furnished and
by the second party Plans for measuring Devices headgate
and approved by the State Engineer No chag
shall be made the purchaser, for the delivery of
lands under the Second Segregation adjacent thereto po
the day of January, 1910 For each succeeding yea
thereafter while the second party retains the control of tn
said North Side Canal Company Limited said Company
charge and the purchaser of rights in said rga
system cents 3) DC
each Of land for which right pun
chased said be due and payable the first day Marc
OF each year. If the raised shall be insufficient
purpose of maintaining, operating and keeping in repair
system and paying the expesnes the management thereof
then said second party will furnish the additional funds neces
sary supply such deficiency.
main lateral, within the meaning OF this contract
lSteal taken from the main line of the canal subordnat
lateral within the meaning of this contract is lateral bull
for the purpose of conducting from lateral to
point within half mile of the place oinended coule
DIR used a main lateral subordinate lateral sha
also be included within these terms.
COMPLETION OF SYSTEM