The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-09

second arbitrator. the City Counrfl NAV
then appoint such second arbitrator and
! me decision OF said arhisrasors or ! ma
lofsIy at them SHAH be final and hinsiiur.
upon All OF said Companies. @ 1'''-A'As
ra ssSssaon 80, : That IN TIE operation OF said
sahaw a. tnsss maz be USED steam power
aha s0cn otneF power as the Civ Cnuncil
may from tinle TO time sancffon ''~->
Section :. That II said roads or .hosa
hereafter entering. or any OF them shall
ninety ce} days 10 comply wi,S s - 49, -
any other ordinance duly raised IN n,.r-
suance thereof. i shall be lawfgl for the,
City Council CT the City Of Seafrla 1ngsss
1 such failure or neglect snail ha fsa resale
OF or be caused BY accident or some ,an-
hlockades or other act OF God. 10 declare
py ordinance the forfeiture OF the rIrhss
nsrsan gTanssa % The company or COM
Section 10 The rights. privileges and
franchises hereby granted are subject To
the right Of the City Council al any time
hereafter 20 repeal. change or modify The
same, having due regard, however To the
rights OF tha parties and the Interests az
the public. The. right Is hereby reserved
10 the City of Seattle, acting through its
City Council. at any time after ten wears
from the approval uf this Ordinance 10 r,-
antre hy ordinance, that all the compa-
tracks under the privileges hereby grant
ed. 10 transfer and convey said prlvileres
and all the road BEDS tracks structures
within the limits OF the right OF way here
hy granted 10 any terminal conapaxv then
existing or being formed az the City OF Sc
attic, that the city Council may designate
in such Ordinance. In exchange for such
stock. shares or interest In such ter,nsnai
eompany and for sueh bonds. obliga.Iors
any or all OF them. as shall be fair ana
reasonable, taking into consideration tina
value and utility OF the property and priv
lieSes so transferred By tho companies
holding or operating under this franchisa
In comparison with all the properties and
privileges which shah be transferred by
company. and also having in view. the
general plan upon which such terminal
company is then being or may have been
organiaed: and also having IN view. tho
public interest, and the interests OF all tre
companies concerned In such terminal
company or. proposed terminal company.
IT, after the passage OF such ordinance.
any OF the companies holding or operating
tracks under the privileges HEREBY granted
shall fail neglect or be unable TO arrange
Tor and carry out the transfer herein ,ic-
vided for. and so required by .ucn orcs-
nance for period of months after pas-
sage thereof, then all the differences In re-
any or all OF the companies owning or OPP
Grating railway tracks under the privileges
hereby granted shall be settled in one ar
hitration by a board of three arbltrators.
one of whom shall be selected BY the COM
panies owning or operating tracks under
the privileges hereby granted. or ma
tofitt III AHtfis etittHSl ~ the persons OF
corporation organizing such terminal COM
pany. or proposed terminal company, and
the third by the City Council, the decision
OF majority OF whom shall be iinal.
If the company, or companies, person or
persons who should appoint au arbitrator
hereunder. shall fail for the period of 30
days after having been requested 50 10 do
by any other party 10 such controversy.
TO appoint an arbitrator, as herein pro-
yided. then the City Council may appoint
such arbitrator.
III any company owning or o,eratinr
tracks under the privileges hereby grant
ed, Its SUCCESSORS or assigns shall for the
period or 90 days after receiving notice OF
the award OF such arbitrators. fall or neg
Iect TO comply with such award. then the
City Council may by ordinance terminate
and forfeit all privileges OF such company
existing or enjoyed under this franchise.
The right is also reserved 10 the City Of
Seattle at any time after ten years from
the road bed. tracks and appurtenances
upon the right OF way hereby granted. for
the purpose OF merging the same into 4
municipal terminal railway system, IL such
a system shall be established by the City
Of Seattle provided, that the compensa-
ton 10 be awarded IN such conformation
the privileges hereby granted. but shall bo
limited to the value at that time OF tho
road bed. tracks and appurtenanees with
in or upon the right of way hereby grant,
ed and. further provided, that the COM
pany or companies whose rights are SO
condemned, shall be accorded as favorable
corded TO any other company in such ter
minai system.
Section H. In order 10 claim the bene-
hts OF this franchise, the grantees, or some
Of them their successors and assigns.
shall. within Is days after the taking effect
OF this ordinance. file with the City Clerk
OF the said city. their acceptance thereof
la writing under proper seal, executed by
the president or vice president. and Attest
ed by the secretary Of each such road.
subject to all the covenants, terms and
conditions herein mentioned: aud II said
written acceptance be not filed within said
time this ordinance shall hn void ms TO the
road or roads failing 20 accept the same:
but the rights herein granted shall pass
in equal shares 70 such roads as do nle
their acceptance hereof within said period.
Section H. That this ordinance shall take
effect and be in force from and after it's
and approval. II approved by the
Mayor: otherwise II shall take effect Mt
the time II shall become law under tho
provisions OF the City Charter.