OCR Text |
Show prior to the placing of any obstructions in the bed thereof by The District, or any of its said predecessors. 11. It is understood and agreed that the District shall furnish a satisfactory surety bond in the sum of Five Hundred Thousand Dollars ($500,000) to the United States of America and The Association, as joint and several obligees, to reimburse them for any damage resulting from the erection or maintenance of said dam, or weir, and conditioned for the removal of all of said obstructions from said river; and that a recovery, or recoveries, on said bond shall not be a bar to any action, or actions, by the Association, or its constituent members, or any of them, in the event that they or either of them, should be damaged greater because of The District's breach of any of the terms or covenants of this agreement, it being understood and agreed that the District undertakes, promises and agrees to pay all the damage that may result because of its breach of any, or all, of the terms, conditions and covenants of this agreement, notwithstanding the execution and delivery of any bond, or bonds, or any recovery thereon. And in the event of damage accruing, and said Bond becoming exhausted in whole or in part, during the life of this Agreement, The District agrees to furnish additional security and assurance so that there will always be during the life of this agreement security against damage to The Association in the sum of $500,-000.00. 12. In consideration of the foregoing premises The District hereby agrees to hold The Association harmless in the event it may be required or compelled to pay the rent payable on April 1st, 1923, and April 1st, 1924, and April 1st, 1925, reserved in that certain lease for |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : California exhibits. |