The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-03
SALE OF THE FRANCHISES
OF THE
New Orleans City Railroad Go.

DEPARTMENT OF COMMERCE.
Room No. 13. City Hall, !
New Orleans, May 10, 1901
aEALED PROPOSALS WILL BE REGEIy ED
- at the office of the Administrator q Com
nn il hno@ On M he rs ay ay q
for tho right Of way on the following railroads,
to wit:
Magazine street lines. which expire on the third
day of February 1890.
Section 2---Rampart md Dauphine. Canal
Street and Metairie Ridge to Bayou st. John.
and Esplanade and Bayou Bridge lines. which
expire On the second day Of July. 1890
The Ixht Of way t. the pafehaTssps q snI1
OF JANUARY. 1906. and at the expira,;
ton Of said time, the said railroad
cars. fixtures and their appurtenaneee;s shall
be aacertatned by two disinterested persons
one to be, APPOINTED by the purchaser
and the other by the city, IT. LII pd II he
between said persons thus appointed. third
party or umpire shall he appointed By one Of
the parties the decision thereby bad to be final.
That the city shall bind herself to transfer to
the purchasers OF each line OF road. as per sec
tions and q tho right of reyersion which the
city now has 10 purchase all the property OF
each line Of an appraised value.
That said franchises shall be- sold for cash,
the entire price to be- paid By the purchaser or
purchasers Of the franchiseo or franchises at the
time Of delivery Of the said frapchise Or fran
Gh1PSS. i ne D6nVeTy Is E0huS by bub bIRHtUk
md delivery of the act OF transfer, and by plac-
Ing the purchaser In actual possession. =,
That the purchasers of said franchises shall
keep Ia repair the streets and bridges through
which the lines Of road pass. from curb TO cub
under the direction Of the Administrator OF I'm
provements and the City Surveyor.
That the fares to be charged by said purchas-
ers on their roads shall never exceed the
amounts now charged. except rs provided In
the specifications herein referred to.
| Each bid shall be accom- panied by a deposit
or certified check Of $50 600 as evidence OF their
| Intention to abide by the adjudication. which
amount shall be forfeited In case Of failure to
sign the contract: and the same shall be held as
special deposit until the final delivery Of said
| road and appurtenances.
shall have their deposits returned to them on the
day adjudication is made Bidders can bid for
either raUchise, say for sections and2 or both,
| at their option.
| Pamphlets containing specifications Of con-
| tract can be obtained on application to the AID.
ministrator OF Commerce.
PROPOSALS must be indOrsed. Bids for the
| franchises of the New Orleans City Railroad"
| The city reserves the right to reject any and
| all BIDS and the sale and adjudication shall not
| be considered as perfected and binding upon
| the city Of New Orleans until the purchaser OF
purchasers shall have delivered. paid and
| deposited the full amount Of the price OF the
| bid with whosoever may b. designated BY. the
| the city and until such deposit and payment OIL
| the price shall have been made and accepted b.
| the Council the adjudication shall not bind thf
| city nor operate as an engageInent or contract
| J. HENRY BEHAN.
/ ap27 Su tse1 Administrator of Commerce.