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<br />I • <br />~~- Form li: J-1 <br />(Octeeer l9e]) <br />' ,': uFj' <br />UNITED STATES+1,'3~'!;-' <br />DEPARTMENT OF THE~IN~ERIOfl <br />BUREAU OF LAND MANljG£IdEN7 <br />COAL LEASE„ t~i1~` <br />Tbis ]ease, catered Sato on ~ 1 <br />through the Bureau of Land Management, and <br />Iadustrfal Aesourcesr <br />Y. 0. Box 1008 <br />Glentmod Springar Col <br />pursuant and subject to the terms and I <br />alter referted to as the act, and to dl <br />which are made a part hereof, <br />W/TNESSETH: <br />~~ Sac. 1. Rigbts a( Lesser. The lessor, in a <br />observed as hemina[ter set [art6 does hereby <br />and dispose of eli the coal in the following-0 <br />C-I <br />Lend O[Bce Serial Number <br />C-0125515 <br />by the United States of AmeBce, the lessor, <br /> <br />~' ` ' ' ,the lessee, <br />the sett o[ February 25, 1920 (41 Stat. 437), es amended, hercin- <br />guletions of the Secretary of the intedor now or hereafter in forte <br />ton of the rents and royalties to M paid arrd the conditions to be <br />1 lease to the lessee the exclusive right and privilege to mine <br />tracts of lend, situated in the State o[ Colorado. <br />~.~ .T. 7 S.. A. 102 Il.. 6th <br />Sec. 27: All ' <br />See. 28: All (Lots 1-5 <br />E~21i1}s BStr S} <br />Sec. 33: All <br />See. 34: All <br />containing ' 2559.98 acrca, more or less, 'together with the right to construct all each works, buildings, plants, <br />i structures, and'eppliarmea as may 6e necessary and convenienlfw the mining and preparation of the coal [or market, <br />the manufawurc a( coke or other products of coal, the housing and welfare of employees, and subject to the conditions <br />,~ herein provided, to use so much of the surface es may reasonably 6e required In the exercise bf the rights and privi- <br />leges herein grented. ~- <br />' Sac. 2. In consideration o[ the foregoing, the lessee 30 days /rom the expiration of the quarter In which the <br />hereby agrees: ~ coal is mined. See eddltlottal loyalty on <br />(a) Bonb To maintain the bond furnished upon averse e1de. <br />the Issuance of this lease, which bond Is conditibried (d) Minimum production. Beginning with the sixth <br />upon compliance with all the provisions o[ lhe'.iease, year of'lhe lease, except when operations are inler- <br />and to ixreese !hc amount m furnish such other bond - .mplaLb+c. .r.m.e rcw~al_rtenta -- ------'°-- --'-- . r <br />" , "'ks~mey be requiq:d, attributable to the lessee, or unless on application and <br />(b) Rental To pay the lesaw annually„~~Im~ad• <br />vance, for each acre w frectlon lherco( covered ~by this <br />Icese, beginning with the date hereof, the following <br />rentals: 25 cents fw the first year, 50 cents '[w the <br />second, third, fourth, end fifth years, respectively; and <br />S1 Iw the sixth and each succeeding year during the <br />continuance of the lease, such rental for any year to ~be <br />credited against the first royalties as they accrue under <br />the lease during the year fw which the Centel wet tpaid, <br />c?lu." <br />(cl Royalty. Ta pay the lessor a royalty of l'. ' <br />cents on every ton of 2,000 pounds of coal mined ~dwing <br />the first 20 years succeeding the execution. of this <br />lease. Royalties shah be payable quarterly_;}wlthin <br />showing made, opeations shell be suspended when <br />market conditions are such that the lessee cannot op- <br />erate excep( et a lass w suspended for the other <br />reasons specified [n section 39 of the act, to mine cwt <br />each year and pay a rogalty thereon to a value of Sl per <br />were or fraction thereof. Operatiora under this lease <br />shall be eontinnous except fn c'ucnmsiances described <br />or unless the lessee shall pay a royalty, Tess rent, on <br />suck minimum amount o[ the leased deposits, for one <br />year in advance, in which case operations may be <br />suspended for that year. <br />(eJ Paymenea. To make rental payments to the <br />manager of the appropriate lend office, except,lhat <br />when this lease becomes productive the rentals and <br />L <br />