118 REPORT OF THE No. 3 



at the expense of the Company in accordance with the Forest Fires Prevention 

 Act and amendments thereto, and regulations made thereunder. 



23. The Company shall co-operate to the satisfaction of the Minister in 

 the purchase of all bona fide settlers' pulpwood. 



24. All bona fide accounts due for settlers' pulpwood purchased by the 

 Company, shall constitute a first claim against the Company. 



25. The Company shall pay to the party of the First Part, subject to the 

 provisions and conditions herein contained, and subject to such other condi- 

 tions, orders and regulations as may be hereafter passed or enacted relating 

 thereto, the following prices for said wood and timber: 



Spruce pulpwood — per cord, an upset price of 50c in addition to Crown 



Dues of $1.40, with an additional 10c added, making a total of $2.00 



per cord. 

 Balsam pulpwood — per cord, an upset price of 40c in addition to Crown 



Dues of 70c, making a total of $1.10 per cord. 

 Poplar pulpwood — per cord, an upset price of 10c in addition to Crown 



Dues of 40c, making a total of 50c per cord. 

 Jackpine pulpwood — per cord, an upset price of 10c in addition to Crown 



Dues of 40c, making a total of 50c per cord. 

 Jackpine — (per M. feet B.M.) an upset price of $3.50 per M.F.B.M. in 



addition to Crown Dues of $2.50 per M.F.B.M., making a total of 



$6.00 per M.F.B.M. 



26. The Company hereby covenants and agrees to and with the Minister 

 to observe, perform and keep all the covenants, agreements, provisions and 

 conditions on its part herein contained. 



27. Failure to enlarge said plant or to make the expenditure .hereinbefore 

 provided for or to employ the men as hereinbefore set forth or to observe, per- 

 form and keep any of the covenants, agreements, provisions and conditions on 

 its part herein contained, shall forfeit all the right of the Company hereunder, 

 and shall cause the deposit hereinbefore mentioned to be forfeited to and become 

 the absolute property of the Crown. 



28. If upon the termination of said period of twenty-one years the Com- 

 pany shall have fully performed the terms and conditions hereinbefore set forth 

 to the satisfaction of the Minister, it shall be entitled to an extension hereof for a 

 further term of ten years upon such terms and conditions (including the prices 

 to be paid for wood and timber) as may then be fixed by the Minister, and at 

 the expiration of such period of ten years to a further extension of ten years 

 upon such terms and conditions (including the prices to be paid for wood and 

 timber) as may then be fixed by the Minister. If at the expiration of the last 

 of such renewals the Company shall have in all respects fully performed the 

 terms and conditions hereinbefore set forth and shall have maintained its plant 

 and property in a" high state of efficiency to the satisfaction of the Minister in 

 all respects and so that it shall then appear to the Minister desirable in the public 

 interest to continue and maintain the operations of the said plant, the Minister 

 shall grant to the Company a further extension or extensions of this agreement 

 on such terms and conditions (including the prices to be paid for wood and timber) 

 as may then be fixed by him. 



29. The manufacturing clauses of The Crown Timber Act and amendments 

 to the said The Crown Timber Act, and all other clauses, Acts and regulations 

 relating in any way to the cutting of timber on Crown lands, shall be applicable 

 to the operations of the Company, and shall be binding upon the Company as 



