OCR Text |
Show -10- execute and cause to be executed such grants or other documents as may be suitable and necessary to convey and secure to the party of the first part such rights, title and easements, without further price or cost, except the cost of preparation and execution thereof. 2. And parties of the second part do hereby give and grant to said "Company," party of the first part, the right, option and privilege to purchase, at any time within one year from the date hereof, at the rate of sixty cents per acre, the one hundred thousand acres of land belonging to party of the second part next adjoining on the South of the one hundred thousand acres of land heretofore acquired by party of the first part from Guillermo Andrade, party of the second part. The North line of said one hundred thousand acres of land (the option to purchase which is hereby given) shall be the South line of the said one hundred thousand acres of land heretofore acquired by party of the first part from Guillermo Andrade, party of the second part; and the South line of said one hundred thousand acres (the option to purchase which is hereby given) shall extend from the Colorado River to the west line of the lands owned by the said Andrade, party of the second part, and shall run parallel to said North line thereof, and shall be sufficiently distant therefrom as to include and compose the full complement of one hundred thousand acres. 3. The price to be paid for said lands shall be sixty cents (60^) an acre, or Sixty Thousand Dollars ($60,-000.00) in gold coin of the United States of America. The time in which payment shall be made is one year from the date of this agreement; and if not so paid within said year said option to purchase shall, by virtue of |
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. |