The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-03-17

An Act to Enable Incorporated
Towns to Own, Operate and
Control Electric Lighting
Plants.
lArrRovED MARCH 2, 1893 ]


SECTION l. BE 1T ENACTED BY T
n GENERAL ASSEMBLY or THE State
= iNDiANA,
That whenever . majority Of the vote
~ OF On Incorporated town, as shown
+. the number of votes cast st the late
- preceding corporation election for of
A GERS OF said town, shall petition Il
n Town Trustees OF ssid town to cause
!, , be constructed AT the expense of a
! town an electric light plant for the pu
pose Of furnishing public. commerci
ana domestic electric lights for sai
town. the Town Trustees shall procee
/. TO construct said plant under The reyr
lstions hereinafter stated.
SEc 2. The Board of Trustees. upo
the presentation Of said petition. ate
satisfying themselves that IL has bee
signed BY majority Of the number o
votes cat at the latest preceding corpo
ration election. shall appoint a con. nit
lee 10 ascertain how many street. light
viii be required for the proper lishlin,
OF said town and also Approximate tn,
number of commercial and domes,i
lights likely 10 be disposed OF by saje
Town. should an electric light plant b,
established, which committee shall pre
sent written report at q suhse0uep
meeting OF said Board OF Trustees.
SEC. 3. When said committee report
- presented ii shall be examined by The
Trustees, and it's conclusions may be &C.
Icep'ed and adhered 10, or amended. a
the pleasure OF the Trustees. but unon
'he day OF its presentation the Trustees
shall act upon IL. and determine the prob.
aoie number Of each description of lights
which will be demanded.
Ssc. = Upon said capacity beinr de.
'ermined, as in section 3 provided for.
the Trustees shall proceed to advertise
In sucn newspapers ss they shall deem
best for the town for proposals for
building. completing and thoroughly
equipping an electric light plant of the
Capacity and character determined upon.
oids 10 be made by sealed proposals..
Q detailed description Of the
pisnt bid upon, but in no case Of lower
capacity than that fixed upon by the
Trustees, and said bids to be received At
meeting OF The Trustees TO be held for
that purpose, not sooner than thirty days
nor more than tory dsys after The frat
appearance OF the advertisement fer
'sii bids.
SEC 5. Upon the examination Of
'ald bids, IL it shall be proved that the
'rice asked tor said plant shall exceed
H're Than two per cent OF The taxable
'alne OF said town as embraced i'm The
Ak duplicate OF said Town for that cur.
ent year, after subtracting from the
mount of sad bid any IN ,neys in the
ressury OF said town which could be
ppiieu 10 SAID contract, then and in
MT event the coDtrac. shall not be let.
M said pefition tor ihe erection OF such
liant shall be rel -cted but if il is under
wo per cent. the contract shall then be
st: Provided, That II any citizen or cit.
gems shail IN that time proiler 10 said
own, aud secure the payment thereof, Of
oo"a'ion 10 said town Of a sufficient
h'n OF money 10 reduce The cum TO be
sid IRON the town treasury OF ss.d
'wn below the two per cent. OF said
x duplicate then said petition shall no. !
rejected, but the Trustees shsIi pro-
eel 20 contract with the lowest and :
est bidder for the construction Of said :
ectric light plant.
SEC. .. For the purpose of paving !
'e contract price OF said plant, said {
rusfees are authorized 10 issue and sell
e bonds OF said town TO such an q
nou"t. not exceeding the contract price. :
shall be necessary; said bonds TO sell !
. not less than par value 10 bear no,
exceed SIX per cent. interest per an a
im IRON The date OF issne: Provided, G
'"eser. That the contractors for said a
ant shall not be paid to exceed seven i,
nve per cent. OF the contract price
ereof until said pisbt has been sue al
s-fuily operated. and shown to be N
~ equal 10 Specifications embraced in ~
~ contract. Tor period OF at least :,
ne'y days alter the completion OF said
ant. =,
SEC When such electric Iight ct
INT Is In operation said Trustees are ith
thorizsd to employ. on such terms "a &C
~ may deem best. TO he embraced in
ordinance for that purpose. S,.per. VI
endent and such other necessary hell, IA
may De required TO operate said
Int. al
SEC 3. When bonds are Issued 10 ch
se money TO pay tor said plant. said
los shall be redeemed in not Iess than vi
nor more than ten years from the cb
e thereof, and it shall be the duty 81
Trustees TO lew. . sufficient tax 10
mpily meet the interest thereon. aud
'edeem st least one-tenth Of The priD. ~
81 each year until paid. "a
&c 8. Said Trustees shall have an n,
rity to provide by proper ordinanc Ed
selling 10 citizens OF the town. upon er.
terms and prices a. may be fixed
such ordinance, such electric lights a. M
be desired by citizens. but shall Co
10 sny case sell such lights below
cost thereof 10 said town, but NAV am
rye . fair profit thereon
nc. 10. IL said town shall increase arc
's to demand larger number OF Sci
lts than the capacity Of the plant will {
nish properly, the Town Trustees are ste
horizsd TO increase the capacity aw
reof 80 as to supply the demsnd, and Mu
also authorized 10 pass al necessary the