The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1919-03-20
ORDINANCE NO 11s.

An Ordinance Authorizing the Sale Of the
Lighting Plant of the Village of Prince
ton, Minnesota. to the Elk River Pow
Terms and Conditions of Such Sale, In
Guiding Lease of Part of Its Property.
Be it ordained by the Village Council rof
the Village of Princeton, Minnesota, as fol-
;, That the Village of Princeton sell and it
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
er feed pumps, water heater. and all other APP
planes and appurtenances connected there
with. for furnishing steam for the two en-
gether with all tools now owned and used or
to be. used in connection Herewith also the
complete electric distribution system, in
lators. conductors. wires. anchorages, street
lighting fixtures, lamps, lighting arrestors,
and all other appliances. fixtures and appur-
hour meters now owned by the Village Of
Princeton. all service connections, and any
and all fixtures. appliances and appurtenances
ture and distribution of electrical energy, and
all tools and supplies in use or on hand
in including the free and unobstructed use of
Village of Princeton that is now = used s.d
for the production ana distribution Of cleo
trlcal energy, including the coal sheds con-
nected with said power plant and the grounds
over which the coal sheds and power plant
may be reached for and during the life of
the franchise to be granted by the Village
OF Princeton to the Elk River Power & Light
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
and leased to the Elk River Power & Light
G Com M for the sum Of Twelve thousand
tive ar Dollars (sl259o and the fur
for and during the full twenty-five year term
OF said franchise, commencing March 18th,
1872 and upon the execution and delivery
Of a deed of conveyance from the Village
Of Princeton to the Elk River Power & Light
Company.
SECTION II. Il.
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 and
Section One hereof, upon receipt of said sum
OF Twelve Thousand Five Hundred Dollars
(s12 500 all the said property to be thereup-
on delivered to the Elk River Power & Light
Company in as good condition the same
is now in, ordinary wear and tear expected.
SECTION III.
This ordinance shall be in force from and
after its passage and publication, and after its
approval thereof by the electors of the Vii
!age of Princeton. at an election to be held
in accordance with Chapter 172 of the Laws
of Minnesota for the year 1917.
SECTION w
Z That such election shall be conducted and
the votes cast thereat shall be canvassed and
the result thereof certified in like manner
as for the election of Village officers
SECTION, v.
That this ordinance shall take effect and be
in full force from and after its passage and
publication.
Passed by the Village Council February gath.
1919. s,
Approved: February "a, 1919.
| H. A. HUMPHREY,
President of the Village Council, Vii
lage of Princeton, County Of Mile Laos,
8 State of Minnesota. IA i3. 3,
III Attest: II. M. AVERY, III s Sss1.s
Village Recorder.