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u ons second Part at its present efficiency,one appraiser to be appointed by the said party of <br />the first part and one to be appointed by the said party of the Second part,and if said <br />:coed two appraisers cannot come to a satisfactory agreement within ten days after their appoint - <br />sura <br />went they shall jointly select a third appraiaer,the said appraisers shall Within Sixty <br />;y_ days after the appointment complete their appraisement of the actual value of the property <br />;Y of to be sold,(not less howexer,than $22,000) tp which shall be added 159 of the amount of <br />such valuation. The agreement of any two of such appraisers shall be accepted as final and <br />LY and the said property shall be conveyed free and clear from any liens and encumbrances. <br />.orce, <br />thereafter,and <br />TENTH: Notice of the desire of the party of the first part,to purchase,as hereinbe- <br />;hat it <br />the <br />fore provided,shall be given at least six months before the expiration of the term of this <br />per <br />extend <br />contract, Or if the term thereof should by -mutual consent be extended,then the notice of the <br />;d into <br /># <br />i <br />desire to purchase shall be given at least six months prior to the expiration of any sua�u <br />longer, provided, notice <br />of <br />extension,and the appraisement made within ninety days from date of such notice. <br />dished, <br />period <br />ELEVENTH: The party of the second part hereby covenants and agrees that during the term <br />>f the <br />d <br />of this contract it will not furnish deliver Dr sell water to the inhabitants of said town <br />,able <br />i <br />of Redwood Oity for use within said town nor collect or receive from said inhabitants or <br />others,from resale within said town directly or Indirectly -to the inhabitants of said town, <br />r <br />party <br />¢ <br />any compensation for.water,other than as provided in this agreement,but said second party <br />'irat <br />t <br />expressly reserves the right to furnish direct from its water works water to any parties, <br />firm or corporation outside the corporate limits of said Redwood Oity,from any excess of <br />dntity the requirements of said city. <br />;em TWELFTH' It is mutually agreed that this agreement shall take effect and be to force <br />11 so- from and after the first day of March, 1911, and -continue for a period of ten (10) years <br />ough <br />thereafter,and <br />with <br />the privilege in favor of <br />the <br />party of the <br />first part,to <br />extend <br />such <br />to <br />period two (2) <br />years <br />longer, provided, notice <br />of <br />its desire so <br />to extend such <br />period <br />shall <br />0) be given the party of the second part,at least six months before the expiration of said <br />Of original period of ten' (10 ) years. <br />THIRTEENTH: Any failure by the party of the second part to ewplY with any of the <br />said terms of this agreement ,arising by the act of God.or unavoidable or inevitable accident, <br />pt in shall not be deemed a violation of this agreement.. <br />,if IN WITNESS WHEREOF, the said party of the first part has caused these presents to be <br />own executed in its corporate name and under its eorpdrate seal,bY its president -and clexk,. <br />pursuant to the order of it's Board of Trusteea,and the party of the second part has caused <br />work- the same to be executed in its corporate name and under its corporate seal by its prest- <br />adings dant and secretary ,pursuant to the direction of its Board of Direotors,in duplicate the <br />e two day and year first herein written. <br />f the ' <br />TOWN OF REDWOOD QITY, <br />(Seal) <br />1 term <br />I <br />fol- (Seal) <br />knot <br />the <br />by Geo. A. Merrill <br />President of its Board of Trustees <br />and by G 0 Plumy <br />Clerk of said Town and Board. <br />REDWOOD OITY WATER COMPANY, <br />by A. D. Walsh. <br />Its president <br />and Geo.W.Lovie. <br />Its secretary* <br />:'223 <br />,7(A <br />