Decatur Daily Democrat, Volume 58, Number 3, Decatur, Adams County, 5 January 1960 — Page 4

PAGE FOUR

DfJCATUR DAILY DEMOCRAT PUbUabod Earaut Mrattap TUB iMOCATV'It DAILYDEMUCAAT CO. IMC Bntarvd »l lk« Dwatet. 1*4.. Prat Otßcw a* Brauad <‘laa* Matter IMc* D. iUtt«r. Jf i , -1 Prratdral Joba 0 Balter —- - VM»PraakMal CMaa Ncdtbouac •«■«■«»»» ftecrrtary-Traa*u«»r Mr Mail to Adami and Adjoining Coualle* Ona year. MM. OMnlba. MM. I nuaithi, tt M By MbL bcy , *'“i Ad• m« and Adjoining Counter*: Ona yaar. » ® • month*. MTt; > rrwmlhi. U M By Cartrar. M canto par waaM liagle coptea. • crate Congress To Meet * The aacond aaaaion of the Bfith congrviMt of the Unit* od Stataa will convene Wednesday. Thursday, President Eisenhower, between vacations, and triQs, will read the state of the union speech. Later in the month he will ask Congress Jo pass an HO billion dollar budget. Considering the President's requests for spending, the Democratic congress has done a remarkable job in keeping down appropriations. The Federal budget is very complex. It cannot be explained simply. The present budget was the size of a metropolitan telephone directory, contained more than 1,000 pages, and weighed over 5 pounds. It consisted of detailed statistical and fiscal tables. - Now this was just the budget. Hundreds of hearings on separate details of the budget were held by the various committees concerned; they printed tens of thousands ot pages of testimony. Apart from the size and scope of the budget, technical details make it hard to understand. No money can be spent by the Federal government unless it is authorized, and. appropriated. In some cases these two acts are separate; in some, the authorization is in an appropriation act; and m some, the appropriation is in an authorization act. % And finally, there are some cases, such as interest on the national debt, where permanent authority exists, and becomes automatically available each year, without action by Congress. This is further complicated by the (act that oftentimes the amount authorized is never appropriated. For example, in the past eight years $34,005,000,000 has been authorized for foreign aid, but only $29,229,000,000 has actually been appropriated and spent, or more than 4 r g billion dollars less than authorized. Congress never prescribes expenditures. It merely makes the money available. The President can spend that amount or less, or he can spend at a deficiency rate, and then call for a special appropriation, as has happened frequently in certain departments. Or he can refuse outright to spend the money authorized and appropriated,, as he did in the defense appropriations increase last year. Congress has consistently cut President Eisenhower’s budgets; in fact, in the past six fiscal years, the congress has trimmed nearly billion from the Eisen- ., hower-Nixon requests, a terrific savings to the overburdened taxpayer, and the Congress hopes to be able to pare down the new 80 billion dollar budget, Sen. Vance Hartke assures us, during the next session. This will probably be a short session, adjourning about the Fourth of July, so the members can attend the Democratic national convention in Los Angeles July 11.

Central Daylight Time

WANE-TV i » Channel 15 TVEBOAT CvMriag , t . 6:OO—A moe ft Andy • :M—Tom Calenberg Newi 6:4s—Dour Edwards-Newa 7:3o—Hotel De Paree 8:06 —Dennis O’Keefe B:|s—Doble Gillis 9:00 —Tightrope 9:Bo—Red Skelton 10:00—Garry Moore i . 11:90 —Phil Wilson News 11 16 —The Good Die Young WEDNESDAY Morning 7 :to —Pepermlnt Theatre 7:*5 —Willy Wonderful 8:00—CBS News B:l6—Captain Kangaroo 9:00 —Coffee Cup Theater 10:00— Red Howe Show 10:80 —On the GO — - J-— 11:00—1 Love Lucy — 11:80 —December Bride Atteraonn 12.-Bo—Love Os Life 18:80 —Search For Tomorrow 13:45 —Guiding Light I:oO—Ann Colons 1:86-—News — - : 1:80 —As The World Turn* 8:80 —For Better or for Worse 8 :80—Houeeparty 8:00 —The Millionaire l:>o—Verdict la Yours 4.00 —Brighter Day 4:l6—Secret Storm 4:80 —Edge Os Night B:oo—Dance Date 00-Arnos ft Andy 6:Bo— Tom Calenberg Neww «-4&— Doug Edwarda-Newe 7:fe— Mike Hammer 7:®» —Lineup , .. B:Bo—Mea Into Space > ItiftdiTWiLSrW™. - - 11:15 —One Wife T WKJG-TV ; Channel 3 'TUESDAY gatesway to Sports ISdBnrS&SK gg - . = 7*o—Laramie . „ „ aS—Fibber McGee and Molly 9 00—Arthur Murray Party »:S—Startime 18-fi—Phil Silvers Show, 11 o£i —News and Weather 11:16— Sports Today Tl iO—Jack Parr Show „ 11 '* WEDNESDAY *6*j?*A*on linen tai Classroom Today ■

9:oo—Ding Dong School 9:3o—Cartoon Express 9:4s—The Editors Desk 9:55 —Faith tq Live By 10:00 —Dough lie Mi*““*“" 10:30—Play Your Hutich 11:00—The Price Is Right 11:30—Concentration Afternoon 12:00 —News and Weather 12:15—Farms and Farming 12:30 —It. Could Be You I:oo—Truth Or Consequences I:3o—Burns and Allen Show 2:00 —Queen For A Day 2;30 —The Thin Man J:00 —Young Dr. Malone 3:3o—From These Roots 4:00 —House on High street 4:30 —Bozo Show s:ss—Road Conditions Report « T :oft2-satesway To Sports 6:ls—New*. Jack Gray —? 6:25—-The Weatherman 6:30— Yesterday's Newsreels 6:45 —Huntley-Brinkley Report 7:00 —Tombstone Territory 7:3o—Wagon Train B:Bo— The Price Is Right <- 9:00—Perry Como 10:00—This Is Your Life 10:30—Wichita -Town 11:00 —News and Weather 11:15—Sports Today 11:20—Jack Pqjr Show WPTA-TV - Channel 21 TUESDAY Evening - 7:ls—Tom Atkins Report 7 :30—Sugarfoot - •J 8:30 —Wyatt Earp 9:oo—Rifleman 9:30—-Coronado !■ 10:00—Alcoa Presents 10:30 —Promenade 21 11:30—Jubilee U. S.A ' WEDNESDAY Morning ™- —— —— 10:30—Susie x .— 11 :(lo—‘Romper Room 11:50—News Afternoon —— J 12:00 —Restless Gun . 12:30 —Love That Bob 1:00 —About races <■ - — 2:00 —Day In <Jourt , <— 2:3o— Gale Storm 3:00 —Beat the’Clock, 3:3o—Who D<T You Trust 4:00 — Anierlrsn Bandstand s:oo—Little Rascals 5:80 —My Friend Flicka Evening s __i— . 6:00 —Fun ’N Stuff . 6:3o—Annie Oakley — 7:00—F&lf ’N Stuff 7:15 —Tom Atkins Report 7:3(I—T.V. llo'ur of Stars B:3o—Ozzie and Harriet 9:oo—Hawaiian Eye 10 Jlfi—Fights . V — - ■ 10:45 —Sports Desk 11:00—My Forbidden Past ■

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Weelc Os Prayer < Editor's note The Decatur rniniskiial association urges I -dally prayer by Decatur residents during this Week of Prayer. Today’s suggested test*. Win PRAY? Prayer puts us in tune with God. Sometimes as we pray Wt* 1 have a warm and glowing sense lof His presence. At 'other times I our prayer does not seem much different from talking to oursalves. At these times God can come to us at such a depth <>f personality we do not even know He is there. We only know afterwards that we .have a peace,and a wisdom and a kindness which did not come from ourselves. "Who rises from his knees a better man. his prayer is answered '' Prayer good in others, helping them to have strength anr comfort and goodness. We can neither explain nor doubt this Christians believe that there can be material effects from prayer, but they are cautious about expecting them. Sucn effects would often work to someone else'* disadvantage Ow greatest needs and problems are not material. Superstition tries to drag God down to man’s purposes: prayer tries to lift man up to God's purposes. , *—*- ~ Prayef. gives us victory. Sometimes. as with Jestis anti Paul, it does not take away the trouble about which we pray, but gives us new power to triumph over it. Prayer gives us love. It saves us from being lonely or lost or despondent or fearful. It gives us joy and security through the sense of being with God. ~ l 20 Years Ago I Today _ A Jan. 5. 1840—Fred Bays. Democratic state chairman, will bring hfs troupe of vaudeville stars to Decatur Jan. 16. sponsored by the Adams county Democratic Women’s cIuTJ. The mercury tumbled to three degrees below zero here this morning. the lowest mark in four years. J. A. Raney,“superintendent of the School for the Deaf in Indianapolis.- spoke to Decatur high school students this afternoon and to the Decatur ’Rotary' club at its weekly dinner meeting. jyirs,. Ruth Hollingsworth. Adams county recorder, reports 669 deeds were recorded in her office in 1939. Kliss Virginia Laurent was hostest to the So Cha Rea club’at' her home. 0 —o | Household Scrapbook | - fey ROBERTA LEE I o o ~ Food Note A favorite combination in Italy and France is- fresh fruit and cheese. Trv the following together for a tasty and healthful dessert: Roquefort cheese and slices of pear . . . Liederkranz and grapes .j. Camembert and wedges of apple . .s and Swiss' cheese and sections of.an orange. .'A Cleaning Bottles Glass bottles and decanters are sometimes difficult to clean. Try cutting some lemon into small pieces, dropping these into 1 the bottle, half-filling with water, and then shaking .well, - ~~ Ena meh Over, Enamel When applying enamel over ena--mek you can prevent its running by adding a little csrnstareh toTt." 4-. A „ COURT NEWS t -- >- r - o Estate Cases In the Clara Pearson estate, a petition to sell lot 11 in the first addition of the town -of Buena Vista ino Lifim Grove 1 was filed and approved. The administrator of the Vercil Hoblet estate jwas. ordered tiLdistribute the estate in compliance with terms of the final —'

TRI DBCATVB DAILT DEMOCRAT DECATUR WDtAMA

Modern Etiquette I By ROBERTA LEE I o "O j Q Should fish bones and fruit 1 pits be removed from the mouth i with the fingers? A Fish bones are rmovedj 1 from the mouth with the thumb | and forefinger. Pits should Jbp i I—dried” 1 —dried” nroeft as posrtbterin [. the mouth, and then dropped in-1 . conspicuously*' into the I cupped ’ hand, and from there oißo the , plate. Q. If you have received a busi- , ness letter signed by a woman. f and you are uncertain as to whetb- , eh she is "Miss" or "Mrs.," how do you address her tn reply? A. When in doubt, always use ( "Miss.” — VOTKK Public notice is hereby given that • tha Common Council of tne City of I Decatur (hereinafter called ”Clty") I , In A,fams County, Indiana, did by ’ Itesolutlon No. SOO duly adopted by Kaid Common Council on December . Zl. 1559. provide for the eale to “ Indiana & Michigan Electric ComII pan) of the electric utility ayetem. s wftn certain exclusion*, now owned anl operated by the City and located - in :»n l adjacent to the City, and prescribe the manner of eucn eale, the price at which such property Is r to be Hold and the term* and condl- , tioiis of s-uch aale, and designate J the officers who should execute on 5 behalf of the City the necessary and proper deed and other Instruments conveying the title to such property. ) Further, public notice is hereby given that the complete and exact ■ form of said Resolution No. 300, ■ stating in full ail terms with respect to such sale agreed upon by ithe Common Council for and on be--11 half of the City and by Indiana * Michigan Electric Company is as ’ follows: e HESOM TION VO. SOO CITY. OF IIECATCH, INDIANA ’ WHEREAS, on April 14. 1»59. the • voters of the City of Decatur (here- . inafter referred to as ‘•Decatur’) ’ by a vote of IGOO "-No'' and of 1227 ! "Yes” at the special city election held on that date rejected the sale of the municipal eleetric utility •system (hereinafter sometimes referred to as "Electric System") owned and operated by the City of Decatur (hereinafter referred -tw as “City") to Indiana & Michigan Electric t.'ompany (hereinafter referred to as "Company") upon the terms and conditions provided in Resolution No. ion duly passed and adopted by the Common Council of the ■ City on September 16. 1968: and 'I WHEREAS, , pursuant to the re- ' suits of said election, the Common '' Council adopted a resolution on ' April 21, 1959 authorizing certain ■ steps to be taken by the proper City authorities so as to make ; urgently needed Improvements to I the Electric System and required additions for the purchase of all electric energy, and to obtain the ■ necessary —funds for the same, as well as for the operation and business of the Electric System, through ass Increase in electric rates and the . further issuance of revenue bonds; . ‘‘"WHEREAS, on May 19. 1959, a I petition was submitted to the Com- ' mon Count-11 signed by 2269 voters : of He.irtnr. constituting more than ia majority of all of the registered voters therein, and such petition in > part reads as follows: | "By reason of information and ' I developments which have be--1 come evident since the special city election held on April 11, 19’>9 it now appears that it would be highly detrimental and ~ work irreparable Injury to the city of Decatur, not only at the present, hut In its future growth. and would saddle, on the people of Decatur-higher taxes 1 and electric rates, if the City were to continue to operate its municipal electric utility and to abandon Lt-S efforts to -Sell I "Accordingly, .the undersigned , voters of the City of Decatur, ’ Adams County. Indiana, respect-, fullv petition and request that the Co mm on cvnnrrt 1 and "Msyof , of the- City promptly take ail actions and 6teps, by ordinance I or otherwise, necessary or pro-. ■ I per In accondance uijh law, to effect a neW'afid other sab- of I - the municipal electric utility.” ‘ ; and ’ , I - WHEREAS, upon consideration of said petition and the request, ot ‘ more than a majority of. all of the voters of Decatur, the Common ii“Cbuncil adopted a resolution <>n May 19. 1959 requesting the proper city authosities-Ao consider and InIvestigate a new -and other ai)le of , i the Electric System, to make ebn- • tact wijh prospective purchasers and report to the Common Council its recvmmetidatiwftH— with respect thereto: and ! .June 2, 19'9, the Board of I'uMle Works and Safety of the City rej>.orted„tp thy Common Council that upon consideration of said petition, it had conferred with ■ Company with respect to a new and ' different sale of the Electric gys- • tern and that the Company Indicated -1 that it would peeaent an offer; and WHEREAS, the Company thereafter presented an offer, and subseouent- thereto proper authorities and officials of til? City met from time to time with representatives of the Company in negotiating and bargaining at arm's. length with respect to the property and CaOHl1 ties to be sold and the price and ■ terms and conditions of sale; and_ ' WHKUKAH. pursuant to and in 1 accordance with Resolution No. 2HO, I duly adopted by the Common Council on June 16. 1959. the Common i ouncll and the Mayor, acting for and I on behalf of the City, entered into a certain agreement, dated June ■ 16 1X59. WUN rhe Company for the . sale and purchase of the property and facilities so proposed to-be disposed of: and ' VVHEKEAS. the* properly aud . - - 'J-, / ’—‘ ~ . ...

I rwßltto* M pewptoto *• to Attoatod I*T **Hl SAt***** M. 4* lm I Jw*« it itis. *W gl( (•«*•< In ■••-• »»•!>•• <• f»-m I** p*»p I •*<> tt4 fbtfliHbd Brbvlbbmf Hb* Mato I- to *to4 pur****! <■» a*d lit, FtoC**** • !>* 4M* RtotouU** I |tt otw ill* f»tl* • yftiiM**** ft» Im mm tb*f*t«r w** • nitt N* l I*f U • • •»«! W** »«i**llF •• ••*•4 • IhetwCtof »• tfl hSY* »*••« I |mU4 f«r the pr»»p*rt» •*< f*«|lH»«* • w»!fc2r rci.V'.jr. I •»( th* jK*p*»**d !<«• •* I rust <*Hk*d 111 Im Mm •OFMMBStII. d«l*d )«•*• l<. im. • *wb*«*M• l«||y <|ff»r*«it ftoMi <h* i*rm* a«4 I i<*r>4itl'*ii« of lha pf*wi«*M*lt yr** IMaM MM •• M< forth !• Mid |n**ml|t i *4| Hu !••. aiwi Ulllt II It AM. pur •weal to lb* p* lliiiun nt w»«»r* thsti ow bw*dt»d I tr**b*l4*rs tb4 raaHMt t*«p*r*fs It,f Iwnatur th* <*uw*vii •> lit* <••»*•! • Ity ghwfWHl b»l4i oa Iwtormhvr 1 Itl* SttbmlHtd th# I ou*»tlon at *Urh ■ ••!• Io Ito quali I nod enters at Iweatur *nq nt ssld Llmitch iii» »«.<•<•, by • vol* or >•«• "Th" M 4 nt I lit "tin . voted |ln fsv.*r of such nolo and WllMtl.'A*. Ihk.lnrf* spprals*r* |aptH>lnl»4 by lh» Adams tTrcult |t*»brt appraised me property aad I feellllleo pr.-peod .*p bo sold u*d*r *t»B Jnnn Id. !•*». I in «n amount in W«*** of th* sal* I Pttco flood t>» said h*re*m*ni and I accordingly th* aforesaid onto canI not bo . onoummaiod wad** sold I P.esolutlor No 100 and said agrrn* Imont dated Juno Id. l»*». and WIIK H KAM. suh**qa**l la and I notn Ithaianding raid appraisal, roI ap«manll»»a* and a largo number of line voter* of Dechtur have urged and renueated the City to promptly I taka the ne.esaary action and step* |to effect the dlauualtlon of the I Electric Bystem due tn the inI, renalngly poor and Inefficient con* Idltlon of ihr Klc. irU Mystom. Its |lm reased costs of operation, the I dec lining earnings and the InadaI quote and unreliable service, and WHEREAM. It appears that further de fay would substantially reduce the amount to be realised by I the City from such sale at the KleeI trie System and such sale becompa I ln< rrs’lngly n*<’***sry wnd if* In (hr I best Interests of the City. Ha taxIpayero apd Its users of electric I energy ; " and _ ~ WHKREAH. the Common Council, by reason of said favorable vote of I the voters and continued requests I of the voters and parties in Interest I subsequent to said appraisal, now deems It advisable and desirable Ito Initiate. In deeordaneg with law, another and further aale of the IJectrlc System and to that end to enter Into ano proceed to carry out an agreement which la In the words land figures, as follows, to-wlt: tUMKKMKhT KOH rtHt HtUK OF UK» ATI H. lAUIAhA KLKCTMIC I TII.ITV PROyKRTI THIS AtIRKKMKNT, made and enIterod Into this day of DecejnI her. lItSS. by and between ths CITY OF bKt'ATUR (hereinafter someI times called •City"!, a municipality In and of the State of Indiana, party of the first part, and INDIANA I A MiCHIUAN ELECTRIC COMPANY thereinafter sometimes called “Company”!. a corjJdration organised and existing under the laws of the State of Indiana, the second part. WITNESSETH: WIIEHEaS. City, as a municipal utility, la now engaged in rendering electric service In and about the city of Decatur. Indiana (hereinafter called "Decatur”) and owns and operates the electric utility properties and facilities by which Buch service is rendered; and WHEREAS. City, pursuant to the expressed will of the voters of Decatur, proposes to sell and dispose of all of its said electric utility properties and facilities with certain exclusions as hereinafter set forth, and, believing that the interests of the City and its residents will be best served by such a sale, is willing to sell and dispose of the same at the price and upon the terms and conditions hereinafter provided; “* "WHEREAS, City and Company are. respectively, empowered under their charters and the laws of the State of Indiana to enter into and execute this Agreement and to perform the various covenants hereinafter contained, and have, respectively, done and performed all things necessary to make the same a vjilld. binding and legal contract, and the execution, delivery and performance hereof has been in all respects duly authorised: NOW THERE FOR E, THIS AGREEMENT WITNESSETH: That the parties hereto, each for itself, its successors and assigns, and each in consideration of the eonvenants and agreements herein made by the other, have covenanted and agreed, and do hereby covenant and agree, as follows: . toctlou i. Upon the terms and conditions herein set forth, City agrees to sell, transfer and convey to Cdnpany, and Company agrees to purchase and acquire from City, all of the electric utility system as now owned and operated by the. ( ity in the rendering of electric utility service in and adjacent to including the Diesel plant building and site and all adjoining land presently owned by City in the area bounded bv .payton .Street, Seventh Street, Indiana Street and the Pennsylvania Railroad right 6T way- in Decatur; production and power plant equipment and. XacHlties; transmission plant equipment and facilities; distrlVutbrn plant equipment and facilities; structures; improvements; substation; overhead conductors; undergroundjeonduits and conductors: lines; towers; poles', crossarnis; bases; gtiys; guy wires, caitles; ground wires; insulators, tranMfbrmOs; switches; lightning arrestors; meters; services; easements; rights of way and all other kind of operating rights; and any and all other property owned, held or used by the City as a part of the aforesaid electric utility system: Excepting and excluding, however, from the aforesaid utility properties and facilities the following which shall be retained by the City; the land and all buildings at the steam generating plant site; the land and building at the City s line department operating headquarters; all transportation equipment; all com-munication-equipment; all office furniture and equipment; all conduits, conductors, poles, standards, fixtures and facilities used exclusively for street lighting purposes, all fuel; all material and suppitesr and cash, bank deposits, bonds, securities, meter deposits and aceounfs receivable, owned or-beld-by. the City. All of the aforesaid electric utility properties and facilities proposed to be purchased and sold hereunder are hereinafter-collec-lively referred to a» "Klectric Proper secfloß 2- The total purchase price for the Electric Property shall be Two Million Ninety Nine Thousand One Hundred Dollars (FJ-OftS.lVli)-Two Million Seventy Three Thou-sand-Fifty Eight and 50/1 (Hi Dollars <»2,073.058.50) Os satd total purchase price shall be paid in cash my Company to City at the Closing as in Section 3 hereof provided for, and the remaining Twenty Six Thousand Fortv One and 50/1 OjD Dollars 041-50) shall be paid by a credit in said amount for future electrtt- service to be furnished by Company to City-a. street lighting system. The Electric Property be appraised m accordance «Tffi.S ff cHon 48-7211, Burns Indiana Statutes. 1933. as amended, and the appraised value thereof shall not exceed Two Million Ninety Nine Thousand One Hundred Dollars (32.099,100). Section 3. Consummation of the purchase and sale herein provided for (i.e. the Closing), shall b< made at the office of the City in Decatur Tor such other place, if any as may be agreed upon by the parties hereto) Bfid shall (subject u> the Provision#- <H - Section 12 hereof be at i0;d0 o'clock AM , Central Standard Time on the Ist day of July, (or such other date as may be agreed upon by the parties hereto). Seethen 4. At the dosing, _Clty shall deliver to Company possession of“tto Electric Property and shall transfer good and iwfffc-tent fee simple title thereto, ffee and dear of all liens and encumbrahces except those specified irt Subdivisions (I) to (Hi), both inclusive, of this. Sirtion I und shall evidence and, -MJfett Mid trautefur vl Ullt? by

11 snrsftrisiuw ~ ■m J qqlMHaa-• «•(■•<•« tut) M d««>toBl tn* 11 in • . «,»*•> lie («•> *“ irWto'T only TOi tow* f !*•***s ••••■••, biua .'L-?*?. , I WM <•» *MI pn»«M» «M» to tokto* I tT. tote I nt »nr»»r if •*». wulWlqg ii*m BbiT »iljwlkg to* witoto HsUht* i itaMM nt It •■f. kHkliMt »I and bwlldlng !••• to toWtototo. a»4 siraata. iilfhwaya, flgwta *>l *1 way and axlvtlM aaaa«»>»nia »( ll Ptotoi ~U ... til) Bill* o' tola. Wilk toTtol--11 am* qt »arr»M». imtofartlM to OMtMto to* totof *By*to*i I p,„par ilea ato hrtoßim - >■» ba I >ur< baaed ana ao|d heraukdar. > Z, UJE( T ONLY To latota a»4 •paclal aaaaaaaaenlA If II ana and patabla vb or before J (Re dale nT CtotoM (III) Aaelgnmepte, without eo--11 Venable of wtoftovY* •*•!<»••• H tn Company ail the rlakla, UM* I and internet of VHY In and to I eaaetnenia, rlahla »f way and all > other kina of opera IIM rights i that are to be purchased and I sold lui -i undrrt *1 being under.u~d and agreed **«*?•" ‘ h ? pari lee hereto that City does not ) agree io warrant In any way ihe l! axtanl or validity thereof, but . only to roll and transfer to Cum- ) I Many such Interpol therein no City may In fact have and pop*' I The City, at the time es cloning shall deliver tn the Company an available Instrument*, book*, re*--t ! orde nnd paper*, and other dale I , pertaining to the Electric £ r "l M ’ r, YIncluding meter booka and canto- ■ mere* billing records for Inaptotlon ,|and making coplrn thereof, after .which th* name ahall to returned ■to the (Tty ■ city covelMtnta. and agrnen that , tat or prior to the Closing all reee- ■ | nue bonds and eecurltlee i nature appertaining to the Electric . ! Property shall have been redeemed land satisfied In full by the City, r or that all steps necessary In the opinion of Company'* counael to i fully assure such redemption and ■ I sal Infection will have been taken • I with the aale and I transfer of the Electric Property at the Closing. Company shall pay to i cily the cash amount of Two Mil* i Ilion Seventy Three Thousand Fifty lElght and 50/lon Dollars (|2.0,3.OSrili) then due City from Company ‘ pursuant to the provisions <,t Sec- . tlon 2 hereof. ( heetlon 5. City covenants and ■ agrees that, simultaneously with the ! transfer at the Elm trlo IVoperty i to the Company, the City shiMl grant to the Company a franchise and indeterminate permit, which shall in .form and substance conform to the laws of the State of Indiana in such case made and provided and be I satisfactory to the Company's counsel. granting to the Company, its successors and assigns, the right to locate and maintain Its electric utility service within and adjacent to the City andNof.transmitting by it electric energy in and through • I Decatur- «. . SeetUw «t City covenants and • I a<ree» that from the date of < looldm : until such time as the Company has constructed and put tn operation all transmission, substation and distribution facilities sufficient to ■ serve the customer* of the Electric Property, without the operation of i the steam generating plant and the use of other facilities of every, kind whatsoever situated in said generating plant building or on the premises adjacent thereto, the Company shall have the right and privilege to operate and use, without any charge therefor, the said steam generating plant building and the premises adjacent thereto and/or all facilities in said generating plant building or on the premises adjacent thereto owned by the City and not to be sold hereunder, for a period of not to exveeed three (3) years from the date of Closing Company covenants and agrees that, at any time prior to the close of said three (3) year period when the Company shall completely and finally cease to operate the sale steam generating plant and to use the other facilities in said generating plant building and on the premises adjacent thereto, the Company, at its own cost and expense, shall promptly dismantle and remove from the steam generating plant building and the premises adjacent thereto those facilities and other property constituting a part of the Electric Property; but in any event such dismantlement and removal shall be fully completed by the close of said three (3) year period. City covenants and agrees that the Company shall have, the right and privilege to occupy and use. Without any charge therefor, the present line department headquarters of the City for a period not to exceed one (1) year from the date of Closing Section 7. Company hereby covenants and agrees that, In the event of the consummation of the purchase and sale herein provided for. Company shall keep and perform air those obligations under the easements, rights of way and all other kind of operating rights transferred to Company by City pursuant to the provisions of this Agreement in respect of which City might he liable on account of nonperformance; and it will keep City free and harmless from and against any and all liabilities and claims of liability on account of any sinh nonperformance, after date of ( losing. of nlillgations under said easements, rights of way and all other Rind of operating rights. Section H. It Is understood and agreed that from and after the date hereof to the date of Closing, the risk of loss of the Electric Property or any part thereof shall be on the Citv, the Company shall receive the Electric Property in substantially the same condition as It was on the date hereof, reasonable wear and tear excepted, City shall not Permit any sale or other disposition of the Electric Property or any part there of, and, upon the* breakdown or failure of any portion of the Electrli Property, the City shall forthwith make adequate and proper repairs at its own cost an<J expense. It. is further understood and agreed that the City shall pay and discharge ail the liabilities incurred, prior to the Closing applicable to the operation of the Electric Property, in(luding wages of employees and indebtedness for, materials and supiun n “ h sbs'l be kIHM. to all fftoneys becoming due -for electric service rendered prior to the date of Closing by it to customers served by the-Electric. T toper tv " ■**— s .section 10. Company covenants and agrees that-on or Prior to the ( losing. 1t shall file with the Tariff Div-tsion of-the Engineering Department of the Public Service Commission of Indiana and shall seek approval of such Gommission. as the rates applicable to the electric service in the area served by the Electric Property, the same respective schedule of rates, rules and regulations that the Company now has in effect for similarly elasslHsti service throughout it,s Indiana territory as shown by the Index nf Tariffs, effective November L 19u8 (13th Revised Sheet Na 2). Section ll.£ftmpaoy < oyenants and agrees that promptly after ' Closing the Company shall commence, and shall continue unlfl completed, all work'required to make such repairs, rearrangements, replacements and improvements to the Electric Property as shall be necessary to provide adequate and reliable electric service jn accordance with the laws of th£ State of Indiana and the rules and regulations of the Public Service Commission of Indiana. .Section 12. This Agreement and the Closing hereunder are subject to and expressly -conditioneU upon (i) there having been secured, on or before July 1, 1960, all authorizations and approvals necessary in tbe opinlon of counsel for the ( ompany in order that the transactions proposed by this Agreement may be lawfully carried out; (it) . there having been taken on or before Xuly I, 1960 all steps necessary In the opinion’of connsei for the Company for the lawfal consummation of the transfer and sate Os the Electric Property; and (ill) all

B&r.’ WuoIA • *H«toto*H*< ! m> i* Ito toltoHY nt to®* toßtoto’l M*tlto 4**to at Ik* n’* , «lil totouuH* *to Mr*** H lk ,rl I. |k utitta •**•;*. "T’nlL— ‘ Mirnn* »*4 •gptuvalik I tor* atoto. to nrn »* , *to*r y "* taken br It In atint <•> rtotoßHßto*J lib* nitro**** *"*l •*!• of Ito P*”**,! .rt)to ato hullula* b*r*t« I “nsefXto »K Tkla Agr*»m*nl »hall; termltoi* *• II •• •tantUr* Tim*. J«lf Lurk tatto to'» to Ik* !*»»’•• "•’?.! to may *ar** “tonx. **■•**..?,_ I <T..*ing I* ••• to'»r lh*r»i- < to" (to termination nt tkla A*r*»m*• 1 i* *«tortoi*e* wllb tki* Macllok 11. I all ri«M» »nd uMlaaHto* of Ito | tniH ktotoktor -*■’» «••••• . lo*t*r*nlto. pr-vHtad. .{’f*** !.r r "rJ****" alitor Lnr liabiiiiy «>r »•**•, I un<tor whhn »h*li hkVk ><•(«••!, prior io ••»•* tormitotloa I ktoNto IK Any noth* nt n man , I required or permitted to to «!»*« I®r «»*<••» •»*•**• | «r made by m*Hin« Ito **m» kiM r»*«*’»»tol ***il. pr*u*bt. in [a •enled envelope a*Mr»»*ed. ID If sent io (Tty. r I I CIK nwatur City Hall B i pitMlur. Indiana r and (IM H *ant («> Company. -I H K Duyle. J*k n I Vic. prr»ld*nt and General It I ''"ndlnna A Mlcklga* Electric Cotnpnoy t I 2101 Hpy Run Avenue >’ I Any such notice or demand »toll c be deemed to have been d made al lhe lime us lie delivery to ’ L registry division of a I nlted , e State* Poet Office r» Neelie* IX E*< hos the tortle* « hereto shall bear all expense* In-1 n i. urred by It In . ..nnedlon with thia Agreement and In . •.•’’'’'‘J'’?" *' *! ii I the cnnsummalion of th* (ran**® ■ t tlons contemplated *nd provided for » I l ”toi'|}to r Id. The l»w. off**.** l l l / r of Indiana sh*li aovern lhe validity., - the Interpretation ’’***'• **£•"•’ ri the perf«rrm»nce. of thlsAgrr'emen' , . 1 kcrlloa IT. Thls Agreement *t>-*H ■ be binding upon and Inure to thr, d benefit of the parties tore(|>. their .. respective aucceaaor* or assign*. I r ! provided, however, neither puny I hereto shall, assign this Agreement • I without first havtpg obtained the. 1 written onarnt of tn* otnrr party: i lh ?N* 1 WITNESS WHEREOF. (Tty.| b party of the firnt part hereto, and - Lcumpany. party of Ito tocond part , s I hereto, have, respectively, vaum d tithls Agroemeto to be duly executed, r ln their respective corporate names. t all as of the day. month and rear, r | first above 1, CITY OF DECAT! R I By Robert l>. C»le, Mayor - 1 ATTEST: . . _ S' Miriam Hall. Clerk-Treasurer « (Party of the First I’art I 1! * INDIANA 4 MIUHTGAN ELET- - TRIE COMPANY ’ ■ v By R. K- Doyle. Jr.. Vice President 3 and General Manager f| ATTEST: „ . I E A. Lnkman. Assistant Secretary j 1 (Party of tkv Second Part) - : and , , .. ; WHEREAS, the Voters signing the ■ f said petition presented t«» theeom- i b mon Council on May 19. *e- [ ' quested the - Common Council, in | - connection with any S . ■ - Electric System, to set Out so rar i 1 as Is permitted by law how the, t proceeds of any such sale are to t be kept and employed; and t WHEREAS, prior to the enactment | 1 of Chapter 58 of the Acts of 19’*9 , * by the Indiana General Assembly. ' an funds • which wou(3 J> cen r realized from the sale of the Klee- ? trie System would be required to | r be credited to the City's general| » fund to be used as any other general : fund of the City, can be used for ’ the payment of bonded indebtedness ; of the City, or the acquisition, expansion or improvement of an> I municipal property whether the' ‘ same be deemed a proprietary or governmental function. Including the acfiuisition, expansion or improvement of the City s waterworks or r sewage disposal plant; and

Public Auction COMPLETE CLOSE OUT SALE 88 ACRE FARM & PERSONAL PROPERTY SATURDAY, JANUARY 9th, 10:30 a.m. FARM WILL SELL AT 2:30 P.M. IOCATION- 3 Miles West of'Decatur on No. 224 to I&M Electric Transformer then % mile South and East to First set of buildings, or 3 miles West of Decatur on West Monroe Street extended, known as The John Kintz Farm. ? . . This highly productive 88 acres lays mostly level except around the 8 acres of woods which is slightly rolling. The land has been properly rotated and fertilized as the Kintz family have lived there twentywo years There is a very nice home which consists of four large rooms, large bath and enclosed porch on the first floor, 3 bedrooms and 4 bath oh second floor. Hardwood floors and linoleum downstairs built in cupboards in kitchen. The home is all modern except furnace. It has a good foundation, siding and roof, storm windows and screens. Beautiful landscaped yard with plenty of shade. Upground cellar and milk house. . ... The barn is 36x75 with a large 15x60x60 L .shaped with overhead grain storage; 32 x 40 hog house and cement floor 12 x 25 chicken house, brooder house, 1 car garage? FOR INSPECTION AND FURTHER INFORMATION PLEASE CONTACT THE AUCTIONEERS. IMMEDIATE POSSESSION. FARM MACHINERY 1956 ALLIS CHALMERS, W. D. 45, TRACTOR ON EXCELLENT RUBBER, IN GOOD MECHANICAL CONDITION; 3 Bottom Mounted Plow; John Deere Tractor, Model M.T., with cultivators; J. D. Corn Planter; NeaiTy Hew J. D.- Wagon on rubber with 14 ft. grain bed; Good 2 wheel trailer with side boards and stock rack; Pull type New Idea mower;- New Idea manure spreader; Spike tooth harrow; J. D. Spring tooth harrow; Cultipactor; Yetter Rotary hoe; Large impiement trailer; J. D. 10 hole drill; Elec. Corn sheller; Grinder with motor; Gasoline corn dryer; Tractor mounted feed easy grass seeder. AUCTIONEERS NOTE—The above farm machinery is in unusually good condition. HOG EQUIPMENT, CHICKEN EQUIPMENT & MISCELLANEOUS 18 Ft. Extension Ladder; Single Ladder; Elec. Brooder; Grinder with motor; 2 Ton Chain Hoist; Hog feeder; Hog water fountain; Chicken feeders and fountains; New Automatic chicken waterer; 10 hole hens nest; 250 Gal. gas tank with stand; Like new Tokheim air compressor on wheels; Electric motors; Automatic grease bucket; Grease guns; 2 Fence stretchers; Elec. Egg washer; Lard press; Sausage grinder; 5 Gal. fly spray; 3 Gal. Weed killer; Block and tackle; 28 Cedar fence posts; Some Steel fence posts; Elec. Lawn mower; Shovels, forks, tools, and other misc. articles. Some Household Goods and New Siegler Oil Space heater; Duo Therm Oil Space heater; Upright Piano.- ' TERMS—PERSONAL PROPERTY, CASH. «EAL ESTATE WILL BE SOLD EITHER ON CONTRACT OR CASH. TERMS CAN BE ARRANGED BY CONTACTING THE AUCTIONEERS BEFORE THE SALE. If sold for cash, 20% down payment on day of sale, balance upon delivery of Marketable Title. — ~ j~ LUNCH WILL BE SERVED. —— MRS. JOHN KINTZ, Owner Gerald Strickler. D. S. Blair—Auctioneers ' . Everett Faulkner, Clerk C. W. Kent, Sales Mgr. Sale Conducted by The Kent Realty & Auction Co. " Decatur, Indiana' ' . Phone 3-3390 Not responsible for accidents. > . ■ A

TVUtnAV JANUARY I. im

<to» M»i H witoto* *?•*.toLtoTt 3 U»e fMIISM <l.® tCHy ImaMv»< 1.. b« M.to ftw*» Ilßto <• ilk** •»’ both »«*totol *M Btoßo*torv i Eton t*• pa»•*••«!• «•*• ** < (Stl* l£Sa A4vWb*ra CtoHtoll** (• to toliMinlrd to '»* M*r«r M I Now therefor*, be it 11 k_ iBUI/vwb to ••** < «*•**»»• Cwtorll lufttotTi* to Davto to. IMMM* tßtol 11* Th* YTty a*** **w **!•* lai* i -J nawk* IhF •gt**«l»’ , l IN !*• i r..r« tortokbtousa *»t >.rtk Itoto- ' marito rtotor*4 la •• "ABtoMtMl I. Ln4 «to M*r*’<’ nt th* <'H* I* •••* I yi» th* Agr**m*<»t Im , ih« h.m. of **4 t«r *to «• totolf Ito th* .’ity *ii**i**i by (*4 rieti* 'Trotowrto with tto **al nt «to city. I**4 wh*» Ito **b*® I* totoatto by L*l4 offbito* ot ito City nn •*«**• Mid to tohalt «f ito (Tty, *"4 by 115: fixuitarui: Lnd *n*ct up*>n th* term* *n4 cofldi(U>n> therrlb roblalkto I to sna IW ■wcorggiirt with lb* atatuik* nt «*»• ***** nt ’lndian* In *M*h ••*»» mad* an* prn. *i4*d th* (Tty. through 11* M*y«*r. I r. b .X r Zto%.uihtsrir?.* Xto t- l.« -’o und.r .nd dtoctltoA |ln »to A«r*»«n*nl *h*r»«i»tot*r to(rrf*d to a* “Kl*«‘*rtv Property >. aimrtovto by (too* 4l*lat*r**t*4 rrrahoidrr* of Adam* County, Indi. I ana. to to *t>P"lnl*4 by th* Jud«* I »»f th* Clrt ull Court of Adons I y n«»n* of whom h* r**i» dent* <»r toxpoyet* <»f tHjcAtttf i Mublort Io the with all th* term* and mndlUun* in.d in the Agreement, th* hlertrlr Property »h*n b* noM *nd transand condition* ••* forth I* th*. Agrermmt - . i 4 Th* necessary drsda and other I Instrument* trwn*f*rrlng and dla- , poalng of the El*< Irlc Property tu the Company shall to executed (■w : and in. the name of U>’ LyjL W *2* .Mayor, attested by the <TAO’ surer with the seal of th* <T»y 4 The Mayor, for and on toh*ir of the City, shall any and .all other Instrument*, and do or 'cauae to to don* *ny *nd nil act* ,ur Ihlng* (indudlto l,u ' *' t ', hv ‘“. limiting tb» gen*raluy of tto foragoing to the publication and poet ng of public noting of this resolution aa require*! by law), which In the opinion of the Mayor la n<*c*a«ary or desirable In order to comply with nil the ..hllggtlob" to th* 4 Ity under i the Agreement and to effectuate the Icnsummatlon of the sale as in the Agreement provided. 6 All resolutions heretofore adopted by the Common Council In e.ini flirt with, or contrary to the provisions of. this resolution are Hereby repealed and rescinded | 7 This r*koluti<Ml is pAMsed by / I at i*a*t a two-thirds vute membsra elect of the said Common Council. - . a. 8 This resolution shall take effect i and be In force from and after Its 1 oassage and its -signature by the ! presiding Officer of the Common Council and Its approval by the I 'Vjopted and passed unanimously by all members of the ( ommon Count 11 present this 21st day of | December. r»i9. Robert t>. ( ole. Mayor . Presiding Officer to I the Comjnon C®uncH . I ATTEST Miriam Hall I Clerk-Treasurer _■ Presented by me to the Mayor of (the City of Decatur thia Xlat day lof December, 1*59. I Miriam Kall Clerk-Treasurer Approved and signed this 21st day of December. A.D., 1959. Robert D. (ole. Mayor Dated kt Decatur. Indiana, this 2xth dav of December. 1959. HUHEKT l>. COLE I Mayor of the City of Decatur, Indiana ROIIERT D. (OLE. Presiding Officer of the Common Connell of the City of Decatur, Indiana ATTEST: mihiam hall Clerk-Treasurer Dee. 29, Jan. 5