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x <br />And sa .d appraisers shall value said property at its present value in the same ma-°;.rr r as the <br />property of the partyof the second part is valued, and to the purchase price of the same of <br />they shall add the estimated cost of .,removing said additions from the plant of the. Indiana <br />Michigan Electric Company, provided said Electric Company rersoves same, and they shall <br />.report such valuations and purchase price, and the same shall be paid in the same manrE r <br />as in the case of the party of the second part But said appraisers shall not include, in such <br />additions any bpildings, real estate, or any other property being used also by said Company <br />in generating and furnishing electricity. <br />6. The purchaser and the second party shall pay the compensation of the appraiser <br />respectively selected by each, and each shall pay one-half of the reasonable compensation <br />of the third appraiser selected by said two, if said sale is perfected and completed. <br />Sec. 14. It is further provided and agreed to by and between the parties hereto <br />that the pr&vilege of purchasing the property of the party of the second part by some person, <br />Firm or corporation, other than the City, shall be in all things null and void, if the party <br />of the second part, its successors or assigns, shall within ten years from the date thereof, <br />or before any franchise for doing a heating business is granted by the City to any other <br />person, firm or corporation, have so extended its plant and system so hat it is adequately <br />serving ill #bsspnsxt.desiring.;sucfi:�-se soe-`within the district bounded and described in Section <br />1? above. <br />Sec. 15. That the said second party hereto shall not be recta. fired to rei der <br />service to any customer. or patron hereunder when the outside tImperature shall be or exceed <br />sixty degree Fahrenheit. <br />See. 16. That said seeand party shall not be required tonrender service of any <br />kind or character to: any, person or persons, form or corporation within the terribe'ry in <br />which it is operating, which said service may be used in any way for the developeme*.t of <br />power for any purpose. <br />Sec. 17. That If the second party hereto does now begin the construction and <br />installation of its said plant and system within one year rom the date of the taking <br />effect of,tis contract-, then this contract s_:.all be null and void and s:W-ll b,f_ deemed <br />to have been forfeited by said a second party, <br />See. 18. This contract shall be in full force and effect from and after <br />its epproval and confirmation by an Ordinance passed by the Common Council of the City of <br />South Bend, and the approval of the Mayor of said City. <br />IN WITNESS WHEREOF, the said City of South Bend has caused Its name to be <br />signed hereto by the members of the hoard of'Public Works of said City, and the,,names of <br />each of the members of said boa -d of Public Works as such Board, and the said St \Joseph, <br />Heating Company has caused its name to be signed and affixed hereto by its President and <br />Secretary duly authorizedrp and has affixed the seal of said corporation hereto this E8th. <br />day'of November,1915. <br />( SEAL ). <br />Attest; „_iAS. B-, CAQVIIET, <br />Secretary. <br />CITY OP SOUTH BEND, INDIANA <br />BOARD OF PUBLIC -By E. M. MORRIS <br />V.VRK- S. A. H. RICE <br />JOHN B. WEB ER <br />ST. JOSEPH HEATING COMPANY. <br />by F E D A. BRYAN. <br />President. <br />