HomeMy WebLinkAbout1761 .
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. thsrawith.~ • Op~rating Co~pany ~sy perfon~ th~ duti~s aod ~w
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~ ~ ` he~t~ dinctly or ~y cQntract fo~ a~y or all s~rvips. Nte
s;.~~.. equtp~ent. Oporati ng Caapany Zs authort ssd to and ay Co~wsn
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' dev~l op t ng. ope~a t t ~g ~nd ais i nta 1 ~ t ng c 1 t rus gt~ows ~ on tli~ 1 a
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: : . . ~ = _ ; upon ~hs ex+saut i on of thi s Agreeaent. .
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- ; i ~~t tipe~ai i n~ ~a~~jj ~~~11 bt l l Ow~r for. and Owne~
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~ ~snt, aii costs incurrod by Operating Co~apany ih perfol~ing 1
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as set forth above. Sai d.costs shal l i nci uds, but ar~s not 11
i nter+sst at tha rata of 6~. per a~nw upon swis expended by 0~
~~Co~pany. or such ~ate of int est in excass of 6~ per annu~ ~
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t f a~s to t i ma raqu i red to be pa i d by Opecat i ng Ca~peny for thi
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~ psrfonriing its oi~i ig~tions u~der `tha Agrseosnt; all operatia
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- ~ a d o• c~s ts 1 nw r~sd ra~
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,.depreciatioo upon bulidi~gs and squipveAt ownsd b~ Ops~rating
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' ~ ~ supervision expenses; a chsrga rapresenting Op~tattng Ca~pa~~
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tive, equlpment a~d all othsr overhead expenses with n~p~ct
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- ~ ance of Operating Ca~pany's dutiss as set fortb abovs. '
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' That Owner sh~t i~ for the durat i on of tht s AgrsMa~t.
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~ all crops upon th~ land through ~srating Co~panr In-accotd~
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ketin a nt a
anda d M reewe
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. erat n Caapa y 9 9 . ~PY
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t ' hersto as Exhlbit "g", and arade a pa~t hstaaf by ~efore~cs.
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, That Operating Ca~pony aay develop, far~ and wintal~
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t- and other lands in ths dlcintty as a u~it and Ny adopt any.
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~ ~ _ bis~'s for prorati~g costs as bstwssr~ ths various ownets of ~
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That Ownsr hs~eby grants to Opecating Ca~pany a li~n
la~d describad in Exhibtt "A" hereto, and al.l crops ~rown tl
i~ ~ v sewri ty for the pay~nt of ai 1 costs expended, s~rvt ces ra
~ ~ ~ : advanc•eesnts iasd~ by Operat i ng Ca~apany i n any wsy roi atsd t~
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