The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-07-29

sranfes eoI case q she as
corporation, the president and treas
urer 90 saie corporaf.orl shall MAKE a ven
ifsc report 70 the comptroller Of Inc gross
preceding year. and III. books records AMI
contracts ct sald grantee Cor az said con-
psnyD snail be open 30 inspection and ex-
appointed agent fer he purpose Of ascer-
tanning the correctness 81 his Cor !tsl re-
port az 20 such gross receipts.
Sad grantee shail BE- prepared 80 supply
5oo horsepower 20 consumers within the
city on or before August !. isse. and he
shall from lime 10 time submit, plans and
specifications OF his proposed construction
provsl. Sad grantee shah also De prepar-
ed 10 furnish zes additional horsepower
on or before August !. 800, as FAR as The
demand therefor mag require the same.
This grant IL made FOR the period Of tsir-
ty-six years from the date OF us aceeps-
ance. as provided In Sec. herenf. az ne
privileges hereby granted or conferred
snaE cease and terminate. but At the ex-
pirst.on o. eighteen years from the date
OF sucn acceptance there shall be a read
tussment OF the percentages 10 be paid
by the said grantee TO sud city. such re-
adjustment to be made by three arbtrat-
ork. one 10 be appointed by the grantee,
one by the mayor OF said city. and the
two so seiectsd 10 appoint a thtr3 and
sgcn arnitra'ors. by matoriiy Vote. shall
have fun power 10 increase or decrease
the percentage 10 be paid. and - other
wise regulate or adjust the same. "a 10
them shall seem 3ust and equitable. and
their determination shall Se finai and bind
ing upon both parties: and from he tine
Of the Ming OF a written report by them
with the cry clerk Of said city, the per
centzge prescribed IN this section snal for
the remaining eighteen years Of said term
be deemed amended and modified IL ac~
cordance with their detern. Da;to
tbs grant shall not be transferable or
ass bic without the consent % the city
council: and sad grantee shall not consoii-
date or merge Win any company or cor
poTatlon or enter Into any agree ment TO
prevent competition or TO prevent the re-
duction of the price OF electricity without
snch consent: but the city OF Seattle. by
on Application Of said grantee TO be made
within Twelve months after the accept
ance OF tbs grant. consent that this grant
may be assigned or sublst once - a COM
pany organized under the laws Of this
state for the purpose OF distributing cleo
tr!c.ty and operating under this grant; and
hot having any similar grant or any other
assignment OF similar grant IN said city.
provided however, that such assignment
shall not take effect until the assignee
shall. by a written communication 10 the
city council. accept the assignment 81 this
grant and agree - be bound by ali OF It's
terms and conditions. and mat = VIII pay
the same rate Of percentage Of IL own
gross receipts 10 said city ard in the same
manner aS its aSslSn0T. said grantee. is
hereby obliged 10 pay, TIE intent beng
tnat the percentage shall be a percentage
OF ana determined by the receipts Of the
assignee company. instead OF the receipts
Of the said aSsignor Such written accept
ance TO contain further condition that
II any other assignment OF transfer Of the
grant snail lee made without the consent
OF the city council. the grant shall there
upon he and become mall ana VOID; nor
shall such assignment take effect until
bond in the form and conditions provided
In Sec, shall have been gwen by the
assienee ana approved as heren provided
the form and conditions Of the bond TO be
suitably modified - apply 70 such as
s!gnee. provided. however, that said gran
tee or assignee may include this grant In
any mortgages which he or II nay give
10 secure his or its corporate bonds.
Sec. 8. That before any plans or spsci-
works as herein provided shall be approx
ed said grantee shah file with the comp
troller a bond to the city OF Seattle In the
penal sum OF sI5eoo with sufficient sure
ties TO be approved provided by the
city charter conditioned that TO txcava-
ton or obstruction viii unns cess arlly be
made. placed or continued by him IN any
street, avenue or alley or pubic ground,
and that all excavations or Instructions
made or placed by him at any time In any
street, avenue. alley Or. public grounds
shall be properly guarded and the public
shall be suitably protected against acct
dents therefTom; and that any pavement.
sidewalk. curhStone. gutter. street. ave-
nue. alley or pubic ground torn up or Dis
placed or disturbed by u IN %haU be re-
placed by him % lis former condition as
far a practicable. with all due diligence,
moved and replaced shall be kept III good
order ard repair by him for five years
thereafter. but he shall not be liable for
repairs rendered necessary by the acts OF
,hird parties. and that he viii fully n
dernifV ard save the city harmless from
and against al claims ant actions or suits
AZ law ar in equity. Of any name Gr ma
ture. Ter damages 10 persons or property
resulting from. oCrssioued by n growing
out Of his omission - properly guard any
suCh excavation or obstruction or speedily
- remove an dir. TlIh6~n or oi1eT sur
plus material placed or left in any street.
avenue. alley or pobAc EFouI'd. OF proper
" or speedily tu restore any street. ave-
nue alley or pubjir ground which hv saaN
dsturb or interfere with - a. good conts-
ton As the same was before such dsiuCb-
auce or IN eGfeTeslfe, or III consequence or
or growing ont # the making - mis-
grant or permitting the trauS1nisslon or
such electricity INTO tAe city or INTO the
city II the manner herein provided and
that ne VIII indemnify ana reimburse the
city ard All other persons and corpora
tons for any damages OF injuries caused
or occaSoned ~ sim, HIS servants or
agents. or the electricity transmitted an
der th.s grant, % any water. gas or sewer
pipe or any main of branch thereof or 20
any Other structure or Improve MEM that
NAV lawfully ~ N any street avenue.
alley or public ground. anc that he Will,
on demand pay All expense % the cit y IN
inspecting a. supervising any wotk dare
under thi~ grant ana 3n dong any Work
where sad grantee snail fa!l. omlt. neg
lee ~ refusy L. 80 the SANE as is herein
ana truly keep observe and comply NitY
each ana every proposition. stipulation
ana obligation of tht~ grant. the LatNity
under susa bond fo continue NUtti fhe o.-
Ing In the Office - tho congtros. @r ~ a
certificate from tne board 4 pgbtc ~arNs
THAT ne terms rn~rtot have been f4-.V
COMPLIED Wiz. 5na tAat euc5 houd sctf
be renewed has sast Era-}cc from uTe 80
time. as the C'fN council may dr. II
tbs Era0t shall De a. gcpd as autn -'ked
fr So ;, ~a'd grs4tsf ana nt~ @urrt..~ $50
ire bond gwen as herein PROVIDED. ~aaN
thsfetv r. released from t4h.ity thereon.
to iHe extent sAat the c'tN SHAH De pro-
tfcfet n tire performance" ara fs..n-, tJ7nnt
az H!s OBLIGATIONS ua.tet ths grant by he
bond given hey mis- 49, e"ae, 1s provided u
satt Sc, ) and ~ 10 other az er<a.cr *
ten.
s. That Z ma sad grantee -naG
many violate or tau g. c2fuciS -
S"N provision 90 -Nts tEa-t far n".y
dsys after notice from ,ae beard - p.".-l
work ~ Srsli w.ifpi,v I'D Ungs ssorra IS
uee-sg. az tsN Io comply vs.a 4oV ue.lCe
g-Nru to sal grantee amber thr provisions
~ rss erarf. hT SNAIL !.rfeH 81" TSa,
hereunder, aai 90 grtH. 15v aa .fHHAct
a. q