OCR Text |
Show __91__ Ml Whereas, said corporation has entered into a certain contract with the said Mexican corporation whereby said Mexican corporation agrees to deliver to said Imperial Water Company No. 1, water for the purpose of irrigating one hundred thousand acres of land in San Diego County, California; and Whereas, it is provided in said contract between said Mexican corporation and said Water Company, that said Mexican corporation shall have the sale of the entire stock of said Company, and Whereas, said Mexican corporation has transferred said stock of Imperial Water Company No. 1 to the first party hereto for a valuable consideration, and Whereas, first party desires to secure an efficient agent for leasing and selling its lands, and selling its water-rights, and selling the stock in said Water Company, and also selling the lands and water-rights and water stock of said Mexican corporation, and Whereas second party was incorporated for the purpose of acting as sole agent for first party in the leasing and selling of its lands, and selling its water-rights, and selling said stock in said Water Company; Now Therefore, this agreement further witnesseth: I. That first party hereby constitutes and appoints second party its sole and exclusive agent, for a period of ten years from date hereof, to lease and sell its lands, and sell its water-rights, and the lands and water-rights of the said Mexican corporation, under such terms as first party may fix from time to time, and also to sell the stock of said Imperial Water Company No. 1, and other water companies hereafter to be formed. |
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. |