The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1919-02-27
ordinance the following is true copy:


An Ordinance Authorizing the Sale of the
Lighting Plant Of the Village of Prince
ton, Minnesota, to the Elk River Pow
er & Light Company and Fixing the
Terms and Conditions of Such Sale, In
Guiding Lease of Part of Its Property
Be it ordained by the Village Council of
the Village of Princeton, Minnesota, as fol-
lows:
SECTION I.
does hereby sell to the Elk River Power &
Light Company the municipal electric lighting
plant now owned and operated by the Village
of Princeton, consisting in principal of two
direct connected generator units. feeders and
bus bar connections attached thereto, switch
board panels and appurtenances, boilers, pow
err feed pumps. water heater, and all other ap-
planes and appurtenances connected there
with, for furnishing steam for the two en-
CINE generator units referred to above, to-
gether with all tools now owned and used
or to be used in connection Herewith; also
the complete electric distribution system, in
Guiding all poles, cross arms, hardware, insu-
lators, conductors. wires, anchorages, street
and all other appliances, fixtures and appur-
tenances attached thereto, all recording wat
hour meters now owned by the Village of
and all fixtures, appliances and appurtenances
now connected with or used in the manufac-
ture and distribution of electrical energy. and
all tools and supplies now in use or on hand,
including the free and unobstructed use OF
that part of the power plant building of the
Village of Princeton that is. now used
for the production and distribution, Of cleo
nected with said power plant and the grounds
over which the coal sheds and power plant
may be reached for and during the 1 lifs Of
of Princeton for a period of twenty-five years
Company for period of twenty-five years
to maintain and operate said electric plant
and electric property and furnish electrical
energy to any and all parts of the Village
of Princeton, all of said property to be sold
and leased to the Elk River Power Light
Five Hundred Dollars (s1250O) and the fur
Their sum of Twenty Dollars (s20.00) per month
for and during the full TWENTY-FIVE year term
1919, and upon the execution and delivery
of deed of conveyance from the Village
of Princeton to the Elk River Power & Light
Company.
And the President and Recorder of the
Village of Princeton be and they are hereby
authorized and directed to execute and deliver
to the Elk River Power & Light Company
good and sufficient deed of conveyance ant
Section One hereof, upon receipt of said sun
of Twelve Thousand Five Hundred Dollar.
($12.500); all the said property to be thereup
ID to the oa FIX Raf Power
| is now in, ordinary wear and tear excepted.
SECTION III.
This ordinance shall be in force from an,
! after its passage and publication, and after it
approval thereof by the electors of the Vii
lage of Princeton at an election to be he'll
| in accordance with Chapter 172 of the Law
1 of Minnesota for the year 1917
SECTION w.
/ That such election shall be conducted an
| the votes cast thereat shall be canvassed an
! the result thereof certified in like name
as for the election of Village Officers.
SECTION ".
] That this ordinance shall take effect and b
in full force from and after its passage an
/ publication.
1915 ssse' . me v'l'afe Council fe0roa's 1&''
Approved: February "a. 1919
! H. A. HUMPHREY,
i President Of the Village Council. "
j lage of PHncetpp, C0Npty OF Mil
Laos. State 81 Minnesota
i Attest: H. M. AVERY,
q Village Recorder.
Signed: A. HUMPHREY.
1. President Of Village Council
i Attest: H. M. AVERY,
Village Recorder.