Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1899-01-28

ana privileges. all its rights and privi.
leges under its franchise. without any
Judgment or decree of any court. shall
fully cease and terminate absolutely,
and tue company was required before
the ordinance became operative to give
u bond OF SlOo.O0U as surety to the city
or any consumer of its gas for any dam
age they might sustain by reason of any
failure of the company to perform any
or single of the obligations imposed by
its charter. said bond not to he set M
as the limit of liability.
UNIVERSAL GAS COMpANY.-An
ordinance for a hfty.year franchise.
passed by the Council July %. 1894.
which provided expressly that the com
pany should not Charge general con.
sumcrs To exceed 81 per 1000 cubic
feet and that upon this charge the
Universal should pay the city lO per
cent. of its gross receipts, and IL. or
when, the company should reduce the
price to ~ cents or less. the company
should he released from paying the
city any percentage. This company
was required To cNpend 100000 upon
its works and mains within twelve
months. and within three years to have
a plant capable of supplying to con
thirty days; the company was required
to deposit 100000 In cash with the
City Comptroller and give bonds of
100000 additional for faithful compli.
ancc with all provisions of the or,lin.
ance: agree that the rate named
should never he exceeded: that the
company would not enter into any
combination with any other gas com
pany: and that its liability for any
damage resulting to the city or consum.
crs for any damage resulting to the
city or consumers for any infraction
of the provisions of its franchise would
not he limited 10y its bond: all upon
the express condition that the com.
pany should not sell. lease. transfer its
privileges or enter into any combina.
tion as to price with any other trust
or corporation. and the company spe-
officially agrees that for any violation
Of It's obligations to the city or consuni.
pliances shall revert and belong to the
city. without Intervention or process of
law; and 1t Is expressly provided that
the city shall have the right to pur.
chase the plant entire ut an appraised
value at the end of iifty years.
OGDEN GAS COMPANY.-An or.
dinance passed Feb. 2J. 1895. granting
a fiftyyear franchise. subject to all
general ordinances regarding gas com.
panles then In force. the company
agreeing to charge u fixed maximum
price of 9O cents per 1000 cubic feet
to general consumers and Is cents to
the city. or SIG per annum for each
street lamp consuming four cubic feet
per hour. including the labor of light
Ing and extinguishing the same. the
city expressly reserving Its require.
ments Of this labor rs q part of the con.
sideration for the ordinances: also that
the company shall pay the city not less
than 3is per cent. OF It's gross receipts:
make n statement annually under oath
Of Its gross receipts to the Comptroller.
who shall have free access to It's books
mt nll times: submit It's meters to In.
spection and quality Of gas to test. as
prescribed; eXpend on Its works ut least
100000 within twenty.four months
from acceptance Of ordinances; manu-.
facture and distribute five million feet
Of gus every thirty days within three
years from date Of acceptance: and the
ordinance prescrlbes as accepted that
the price to consumers shall never eX.
ceed the rate prescribed by the or,lin.
nnce; that the company shall not
charge any person for service pipe, but
shall lay the same ut Its own expense,
and the company agrees and did give
bond Of 100000 as surety that all the
provisions Of the ordinance shall he
faithfully carried out, under unlimited
liability for damages, and that ut the
expiration of the life of the ordinance
the city shall have the right of fran.
chlse at an agreed appraised value.
CHICAGO ECONOMIC FUEL GAS
COMPANY.-An ordinance passed
July 81, 1891. conveying n franchise for
fifty years for the supply of both man
ufactured and natural gas, upon the
same general provisions and require.
ments governing the other companies,
especially the provision of Section II,
which provides that in ease the said
company should at any time In any
manner enter into n combination di.
rcctly or indirectly with any other gas
company. It's ordnance and privileges
s1, hAnntnn MI