The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1922-03-10

OenC TO eIIlClSnC maintenance UI JHc
power house, substructures, super
machinery and appliances
to said power house, and
will maintain the same in efficient OPP
Grating condition.
S. At all times during the period of
the lease of Dam No. 2 the Company
will furnish to the United States, free
of charge, to be delivered at any point
on the lock grounds designated by the
Chief of Engineers, U. S. Army, cleo
trio power to an amount necessary for
the operation of locks, but not in ex-
cess of two hundred (2O0) horse pow
err.
6. AS soon as the release of suitable
construction equipment ard labor fore
es at Dam No. will permit, or at an
earlier date if desired by the Company,
the Company shall construct and COM
plete for the United States, Dam No.
3, its lock, power house, and all neces-
sary equipment, all in accordance with
plans and specifications prepared and
to be prepared by the Chief of Engi-
neers, U. s. Army, or by the Company,
at its option, and approved by the
Chief of Engineers. U. S. Army, and
progressively install the hydro-elec-
trio equipment in said power house
adequate for generating approximate
ly two hundred fifty thousand $780,
0O0) horse power, all the work afore-
said to be performed as speedily as
possible at actual cost and without
profit to the Company, it being under
stood that the necessary lands. flow
age rights and rights-of- shall be
ACQUIRED by the United States.
Z. The Company will lease from the
United States, Dam No. 3, its power
house, and all of its hydro-electric and
operating appurtenances, except the
lock, together with all lands and build
ings owned or to be acquired by the
United States connected with or adj
iacent to either end of the said Dam,
for a period of one hundred (1OO)
years from the date when structures
and equipment of capacity of eighty
thousand (8O,0O0) horse power are
constructed and installed and ready
for service, and will pay to the Unit
ed States as annual rental therefor,
four per cent of the actual cost of con-
structing the lock, dam and power
house facilities, payable annually at
the end of each lease year, except that
during and for the first three (3)
years of the lease period the rentals
shall be in the following amounts and
payable at the following times, TO-
wit: one hundred sixty thousand dol
lars ($l6O,00O) one ~ year from the
date when eighty thousand (80,0O0)
horse power is installed and ready for
service, and thereafter one hundred
sixty thousand dollars ($160,000) an
nually at the end of each year for two
(2l years.
8. The Company will further pay to
the United States during the period of
the lease of Dam No. 3 twenty thou
sand dollars (S20,00O) annually, in in
stallments, quarterly in advance, for
repairs, maintenance and operation of
Dam No. 3, its gates and lock; it be-
ing understood that all necessary re-
pairs, maintenance and operation
thereof shall be under the direction,
care and responsibility of the United
States during the said one hundred
(lOO) year period; and the Company
at its own expense, will make all nee
essary renewals and repairs, incident
to the efficient maintenance of the
power house, substructures, SUPER
structures, machinery and appliances
appurtenant to said power house, and
will maintain the same in efficient OPP
Grating condition.
8. AT all times during the period of
the lease of Dam No. 8, the Company
will furnish to the United States, free
Of charge, to be delivered at any point
on the lock grounds designated by the
Chief of Engineers, u S. Army, cleo
trlc power necessary for the operation
of the said lock, but not in excess of
one hundred (100) horse power.
10. For the purpose of enabling the
Government to create and provide a
sinking fund to retire the cost of Dam
No. at the end of one hundred (100)
years, the Company will, at the be-
ginning of the fourth (4th) year of
the lease period, and semi-annually
thereafter for the remaining term Of
the lease, pay to the United States
Government, the sum of three thou
sand five hundred and five dollars
($3,5O5); and for the purpose of en-
abling the Government to create and
provide sinking fund to retire the
cost of Dam No at the end of one
hundred (100) years, the Company
will at the beginning of the seventh
(7th) year of the lease period, and
semi-annually thereafter for the re-
naming term of the lease, pay to the
United States Government the sum of
nineteen thousand eight hundred and
| sixty-eight dollars ($19,868).
II. The Company agrees to pur-
chase from the United States and the
United States will sell the following
properties, namely:
(a) All Of the property constituting
Nitrate Plant No. 2 Gas officially
known and designated), including
lands, power plants, buildings, mater
ial, machinery, fixtures, equipment,
apparatus, appurtenances, tools and
CTOANvC DETTEVEC