The Leavenworth echo. [volume] (Leavenworth, Wash.) 1904-current, 1913-10-31

the first part herein holds for the purpose
of constructing, maintaining, and opera
| ting electric light. electric ana power
lines within and without the corpor-
ate limits of the City of Leavenworth,
| and also It's equipment as we'll as
all of the equipment that SAID com
pany shall hold at the time the Olty
of Leavenworth avails itself of the con-
ditions of this option, IL being expressly I'M
derstood and agreed that the party OF the
| first part herein gives an option 70 t me
| party of the second part to purchase 1tS
power house or power houses It's poles ana
! lines and business and It's real property
necessary for the maintenance ana opera era
| tion OF said business, and power plants, ana
| Its good will; IL being expressly unuerstooo
and agreed that the intention OF this option
is to offer to the CITY OF LeayenworSn an OF
| the first part that is nowtn operation or
may be in operation at the time the CITY OF
Leavenworth agrees to purchase said prop
The consideration for said business and
said plant and wires and poles anu
three competent disinterested engineers
acting as board of arbitrators to
be selected as follows: the party of the
| first part shall select one; the party
of the second part shall select one;
and the two thus selected shall select the
third, and the value placed on the EQUIP,
ment and property herein mentioned shali
be final, and for said sum the said party OF
the first part will make a bill of sale TO the
party of the second part for all OF SAID equip
ment.
It is further agreed and understood that
the time of this option shall be as follows:
the party of the second part shall have the
right to purchase the property herein men
toned on the lst day of January, 1923, or on
the LIST day of January, 1923, or on the ISL
day of January, 1888, or on the ISL Gay OF
january, 1888, Ii being expressly agreed ana
understood that the party of the second
part shall be required to serve not1ce on tne
party of the first part OF its 1ntentlon 10
purchase the property hereiu mentioned a
sufficient length of time prior to any OF the
dates above mentioned to permit OF making
the appraisement and holding any sucn
election or elections for the purpose OF is
suing such bonds as shall be necessary 10
enable said party of the second part TO
make purchase or saia pfoperty .n sei 4hr my
tice is served by said party OF the second
part, make appointment OF the arbitrator
above mentioned SO that the proper esti
mate of the cost can be ascertained SO that
the question of purchase may be submitted
to vote of the legal voters of the City OF
herein mentioned, at which time the party
of the second part has an option TO pur-
chase said property, and In the event SAID
party of the first part should fail, refuse, or
neglect to make the appointment of its ar
bitrator as herein mentioned, then the arDl-
traitor. appointed by the City OF leaYen,
worth may make an estimate which shall
be binding uponsaid party of the first part
1t being agreed, however that said party OF
the first part shall be allowed at least w
days time from the time notice Is given py
traitor.
In witness whereof, the party of the first
part has caused this instrument to be exc
cuted by its proper officers and its corpor-
ate seal hereto attached.
Dated at Leayenworth, Washington this
TUMWATER LIGHT q WATER 60.
By j. b. Adams President
Attest: l.. r. Hart, Secretary.
Sec. 8. That within thirty. days after
said grantee shall file with the. City
Clerk of the City OF Leavenworth its
written acceptance t Of az the terms rms
the rights granted hereby and also an opt
ion signed in substantially the same words
and form as the foregoing option, and un,
less such acceptance and such option sha
be so filed within the time above mentioned
the grant herein made shall not take effect
and this Ordinance shall be wholly inopera-
tive and void.
Sec. 8. Thatif the City of Leavenworth
shall, during the life of this franchise and
prior to any time that the City of Leayen-
Trth sna a% n6 y
and take advantage thereof by purchasing
the electric plant, wires, and equipment
mentioned In said option, g RAM 10 fr any
chise to furnish to the City of Leavenworth
or to it's Inhabitants electric light or cleo;
trio power, then the foregoing option shall
Immediately become null and void.
Sec. z. Said grantee shall. during the en-
tire period of this franchise, furnish elec-
tricity to the City of Leavenworth and 1ts
to such an extent as the capa-
city of its plant and it's facilities for in
creasing the same will permit when the
same Is demanded, and extends Its lines
for the purpose of meeting the demands,
provided. however, the grantee shall not be
required to extend Its lines to sparsely set
tied portions of the City where the con-
tracts offered would not compensate the
grantee for the expense which 1t would nee
essarily incur in making such extensions.
Sec. 8. The grantee herein agrees during
the life of this franchise to furnish to the
City of Leavenworth, free OF charge. light
and telephone service for its City Hail. the
same to apply as a part consideration Tor
this franchise.
Sec. 8. This Ordinance shall be in full
force and effect when 1t shall have been
passed by the City Council OF the City OF
Leavenworth; approved and signed by the
Mayor; attested by the Clerk approved by
the City Attorney; and from and after 1--WE
days from the date of its publication once
in the Leavenworth Echo, a newspaper OF
general circulation, printed and published
within the City of Leavenworth, and the
Clerk is hereby directed to cause the same
to be published.
First reading 23rd day OF Sept 1913.
Passed by the City Council this l4th day
OF October, 1918.
Approved and signed by the Mayor this
18th day of Oct. 1918.
FRANK K. OARLQUIST, Mayor OF the
City OF Leavenworth,
Attest: S. A. Potter, City CLERK.
Approved: L. j. Nelson. City Attorney.
Re-published in the Leayenworth Echo