The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1922-03-07

year period: and the company at it's
own expense. will make all neces-
sary renewals and repairs, incident
to the efficient maintenance Of the
power house, substructures. super
structures, machinery and appli-
ances appurtenant to said power
house. and will maintain the same
in efficient operating condition.
8. At all times during the period
or the lease OF Dam No. 8. the COM
pany will furnish to the United
states. free OF charge. to be deliver
ed at any point on the lock grounds
designated by the chief engineers,
U. s, army. electric power necessary
for the operation OF said lock. but
not I'm excess OF one hundred (1O0)
horse power.
10. For the purpose OF enabling
the government to create and pro-
vide sinking fund to retire the
cost OF Dam No. 3 at the end OF one
hundred (100) years: the company
WILL at the beginning OF the fourth
(4th) year OF the lease period. and
semi-annually thereafter for the re-
manning term OF the lease. pay to the
United States government, the sum
OF three thousand five hundred and
five dollars (3.505): and 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 (lOO years.
the company will at the beginning
OF the seventh (7th) 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 nine
teen thousand eight hundred and
sixty-eight dollars ($19,86S.)
IL. The company agrees TO pur-
chase from the United States and
the United States will sell the fol-
lowing properties, namely:
(a All of the property consti-
tuting Nitrate Plant No. (as Off
cially known and designated) in
Guiding lands, power plants, build
ings. material, machinery, fixtures,
equipment, appurtenances. tools. and
supplies, and the right, license and
privilege to use any and all OF the
patents. processes, methods and de-
signs which have been acquired and
may be transferred or assigned to a
purchaser OF Nitrate Plant No. 2 |
by the United States. together with
the sulphuric acid units now in stor-
age on the premises.
(b) All Of the property consti-
tuting Nitrate Plant No. Gas Off |
cially known and designated). in
Guiding lands. power plants. build |
ings. material. machinery. fixtures.
eqnipment.Ny apparatus. appyrte-
naHesk toGs ana Supplies, and the
right, license and privileges to use
any and all of the patents. processes,
methods and designs which have |
been acquired and may be trans
ferred to purchaser of Nitrate
Plant No. by the United States.
out the company shall not be obli-
gated to operate Nitrate Plant No.
1 as an air nitrogen fixation plant.
(c) All OF the property consti-
tuting the Waco Quarry Gas off,
cialy known and designedh. includ- |
ing rights-of-way and buildings. ma
terial. quarry tracks. marhinery,)
ro;lrood trocJu oDpurf ouancaa
tools and supplies.
(d) All OF the property consti- |
tuting the steam power plant, built
and owned by the government at
':orgas. Alabama. on the Warrior
river. including lands. rights-of- |
way. buildings. machinery. material.
fixtures. apparatus. apurtenances.
tools, and supplies. and the trans |
line from the Gorgas steam
,lant to Nitrate Plant No. 2 at Mus |
"'e. Shoals, and all other transmits
sion lines belonging to the United
States and connected with any OF
the aforesaid government proper
les. The United States shall &C
quire all necessary easements or
titles for right-of-way lands along
Ill transmission lines. and convey
Same to the company. and the Unit
ed States shall acquire the title to
the land and site occupied by the
said steam plant and by all govern
nent buildings and other govern
mont structures at the Gorsss plant.
which Will be conveyed TO the COM
oany.
IL. As the purchase price for the