Earl Garrett .........................Sharil'f
and
Lawrenoe Stephens ....................County Clerk,
end the court having been regularly opened, the following Isooeedinge were had to-wit:
-a-O-O-D-M O-O-O-a-
No: 5129. LEASE AGREEIOINT FOR THS PURCHASE OF NEW EQUIPMENT FOR fAMMLSSIONERS PRECINCT #4.
This the 14th flay of Mey, A: D. 1951, after motion aaoing been duly made by Eokateia,
seconded by Molter, Lhe vote having
/carried, Commie a~loner Powell being the only opposition, that the Gommie atone ra Court eater
Sato the following agreement with tae Wm. K. bolt Me ohinery Co., with Commission ere Precinct
d(4 easuming the rode bt edneea on said machinery as net out in lease agreement to-w1 t:
^TBE STATE OF TESA9 I
COIINTY OF BEYAR I
THIS LEASE, made this, the 12th day of larch, 1951, between WM. K. BOLT MACHINERY CO.,
a Tezee aor poreti on, of Sea Aatoaio, Tezae hereinafter oell ed Laeaor, and the County of Kerr,
Tezee, a munioipel corporation, acting aerein through its Commieaionera' Court, hereinafter
oalled Leeaee,
WITNESSETH:
That, Whereas, the Lessee requires the use of One Ce terpillar X212 Diesel Tandem Drive
Motor Gredar, Serial No. 9T 1584, with The Croup 7F 6938 end Scarifier 4F 6896, in Kerr Coun
Teaea.
NOW, THEREFORE:
1. Lessor, in conaideretion of the payments of rentela hereinafter mentioned, hereby
leeaea to the Leeaee: One Caterpillar X212 Die eel Tandem Drive Motor Grader, Seriel No. 9T
1584, with Tire Group 7F 6936 and Scarifier 4F 6896, Pot a period commencing the 12th day of
Merah, 1951 end ending the let day of May, 1953 Por a total rental of Eight Thousand Siz
Hued red Twenty 91a Dollars sad No Ceata 08,626.00), peya ble ea follows: Trade Allowance for
Caterpillar Diesel 40 Tractor, Seriel No. 3G 158, with Garwood X25 Scraper, Serial No. 14628,
X1,750.00, end Auatln Western 55 Motor Creder, $1,250.00. The remaining $5,626.00 payable ea
follows: X2,813.00 due sad pa ye ble May 1, 1952 together with interest at aiz per cent per
annum on X5,626.00 from date of lease agreement until date pe yment matures on Mey 1, 1952.
X2,813.00 due end peya ble Mey 1, 1953 together wlth interest et six per cent per annum on
j2,813.00 Prom May 1, 1952 until Mey 1, 1953. It is further agreed Lhet should any of Lhe
above meatioaed.leeae instellmenta Daooma peat due they ere to drew intereef et the rate of
six per oent per annum. It Se and eratood end agreed that ell o]' ae id amounts ape cified ere
to be paid out of the Road end Hridge Meiateneaoe Fund of Kerr (:ounty, Tezae.
2. The Leeaee ecknoxl edges receipt of said equipment is good order end oondition am
obllgatea itself upon Lhe expire lion of this l sees, in tae event; the option herein referred
...
Lo hen not been eaeroie ed, or in the event that it aha 11 default in the perPOrmenoe of any of
the terms, ooaveaenLe end oondltio ns hereof, end Lessor ale ote to terminate this oontreoL ae
hereinafter provided for, to the reupoa deliver said me chine to Lessor, freigat prepaid, et
Lesaor'e werehouae is 9en Aatonlo, Tezee, Sn the same good order sad oondltion ae when received
by Leeaee, ordineary weer end Leer only eacept ed.
3. Leeaee shell have the right to :make. any reasonable and lawful use of said mach in ea
and shall take reasonable end proper oere~thereot, end eha ll~et its owe coat sad expense make
ell neoesaery repeire end replaoemsnte. ~ ~ ~ ~~ ~~••
4. In the event of any default by Leeaee 1n the_ payment of real, or otae rwise, Lh1•
inane shell Lermina to et the option of Laeaor, end~on i~te•demand,~,the m china laeead shell be
s~-2





5~ 3 ~ delivered book to Lessor's warehouse in San Antonio, Tezae, trehsportetlon prepaid.
- 5. Lssa or hereby gives Leeaee the option to purohea• said meohiha ih its then oond it loa
et any Lime during the term of this lease, or et its termine Lion, for Lhe par chess prise of
SIGHT TNOUSAND STb HUNDRSD TWSNTY SIX DOLLARS AND NO CSNT3 08.,626.00) F. 0. B. Kerr County,
Teaas, plus interest et Lhe rote of eiz per oent l6~) per annum on the uhpald balance from
the 12th day of Nerch, 1951 until such puroheae price le paid, said purcheae price to be pey-
eble Sh ceah or upon terms acoeptable to the Lessor.
6. In the event the said option to purche ee Se eaeroia ed, the price shell be reduced by
the trade elloweno• on Caterpillar Diesel 40 Tractor, Serial No. 3G 158, with Garwood y25
9 oraper, 9srisl No. 14628, X1,750.00, ehd Austin Western 55 Not or Grader, X1,250.00, and
upon sae cation of le sae sad the amount of payments theretofore made.
7• It Se hereby ezpreealy agreed that the Lessor shall hot, in any oese, or under e˘y
circumstances, be held liable for any lone or damage, or cleima for lose or damage of any kind
or the ratter whatsoever, to pars one or property or otherwise, arising Prom or in any.menner
connected with use or operetioh of said maohiae during the time it is in Leaeee'9 poaseasion,
end any sad ell lose or damage end ola iIDa for lone or damage ere hereby ape cifically waived
by Leeaee, sad ae against the claims for lose or damage of third pereoas, Lesaea binds sad
oblige tee itself to hold Lessor harmleae.
8. It is also uhd eratood and agreed that Leases will be responsible Por shy Bighway
or other tease ezected by the State or any au bdiv ieion thereof, for the opera lion of thin
meahine.
9. It Se further ezpreaely agreed and and eratood thnt if Leaee• eveila itself of the
option Lo purchase said me chine, ea herelh provided, it will do eo only on condition that aL
the time of ezerai sing ea id option to par these said me ohine, that (1) it she 11 have available
for said purpose monsye currently available which it will then be lawfully entitled to ezpend,
or (2) it Se lexfully mtltled to incur the ne oea eery lieblity for payment, or the purehe ae
pr its or for Lhe rent. ,
This le sae is eze cuted in Lriplioete or iglnala Lhe day end year net out above.
WY. K. BOLT NACBINERY CO.
By
ce rea en here Heger
Laaeor
COUNTY OF KE RR, TEXAS, LSSSEE:
By:_ Jho. R. Leavell
County Judge
By: Beery Sakateln
Commissioner, Precinct No. 1
By:
Comm ss~oner, ~reciact No. 2
Hy: Chn• B NOltar
CoffiSeei~oaer, Precinct No. 3
Hy: Lee Goff
Commlasioher,Precinct No. 4"
-o-o-o-oro-o-o-o-o-o-o-o-
No. 5130, gPPRWAL OF CLA72s3 AND ACCOUNTS.
Thla the 14th day of Nay, A. D. 1951, came on to be considered by the court, the oleims
end accounts filed ageinat Kerr County end its respective precincts since the lest term of
this court, and it appearing to the court that ae Sd claims sad accounts should be voted on
separately; therefore by motion duly made by Goff, seconded by Molter and uhanimously approved
by the court, that ell claims end accounts filed ageinat Roed & Bridge ~l be approved for