El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-05-12
MUNICIPAL TRACTION COMPANY

|
Has Made the Following PROPOSE
ton To the City of Den
yer.
To the honorable mayor and city
council of the city of D=nver:
Conference.-The Municipal Traction
company has been organized under
construct, maintain and operate 8 sys.
tenn of street railroads in the city OF
Denver and adjacent territory. It de-
sires to obtain from the city of Denver
the franchise and right of way in order
to carry On it's business.
It realizes that the rights it asks for
from the city should be compensated
for, and it is willing to accept q
franchise upon such conditions and
benefit. but also to the benefit of the
people of the city of Denver.
We ask for franchise and right OF
way over all the streets of the city of
Denver at present occupied by street
railroads. this franchise and right of
way to take effect upon the termina-
| ton of the present rights of the street
| railway company now occupying such
streets, whether that termination shsll
occur by expiration of time limit or
decree OF court. or action of the city
council. Our franchise to expire in
twenty years from the time it shall
take effect.
We ask for the right to use any mo-
tive power except steam.
In return for this franchise, grant
and right of way, we offer the following
compensation therefor:
We will grade the streets occupied
by us from curb line to curb line when
ever called upon so to do by the pro-
per city authorities, SO as to make such
streets conform to the officially estab-
lished grade. We will pave the space
between the rails of our tracks and for
two feet on each side of the outer
rails and maintain such paving in good
repair at all times and agree that such
paving may be done by the city and
charged up to us in the same manner
that the lien for such paving expense
shall always be prior lien on our
franchise and property.
Not over two tracks shall be placed
upon any street. No freight shall be |
carried upon our lines except such |
freight and material as may be neces- |
sary for us to use in the proper repair |
and operation of our road.
We will give such surety bond as in
thought proper. In the construction
of our road, we will subject ourselves
to any reasonable restriction you may
see fit to impose. We will agree to
remove poles and overh cad wires at
any time any general ordinance of the
city may be enacted calling for such
applying to all poles and
wires within any specified district or
territory.
We will equip all our cars with pro-
per vestibules and tenders. We will
gree to properly warm our cars in
,old weather. We will conform to any
restriction as to speed and minimum
ervice you msy deem wise.
We will pay into the city treasury in
edition to our general city property
ak and car license tax as fixed by law
nd ordinance, the sum of d per cent
pom our gross receipts, such payments
o be made annually or quarterly, as
on may prefer.
We will open our books at all times :
D the proper city officials or to q COM
littee appointed by the mayor or city
ouncil for inspection.
We will charge Scent cash fare
n continuous ride to any part of the
ty, granting universal transfers from
,e line to another for that purpose.
uring the first ten years of our fran
|
r % cents and twenty-five tickets for
making practically q Accent fare.
urinP the remaining ten years of the
anchise we will sell seven full fare
ckets for Is cents and thirty tickets
r 81, making less than 33-cent fare;
half-fsre tickets to be sold in
me proportion, such tickets good for
lildren under II years of age.
The city may reserve the right to
lie possession of aud operate these
les when the franchises at present
'verning them expire and our rights T
III be in tn at case waived in favor of
e city. After our rights take effect,
g city may reserve the right at the
d of ten years or at the end of TWEEN
years, by giving US three months
tice, to purchase all our lines and
operty at an appraised valuation, to
fixed by three appraisers, one to be
pointed by the city, one by our COM
ny and the two thus selected to
Dose the third. In case of such pur-
ase, payment may be made in cash
in city bonds duly authorized, bear
2 interest at 4 per cent and running
t over fifty years.
We are willing that all these terms
d conditions and offers of the COM
ny shall be made q part of the con-
'ct by being placed in the franchise.
d that all the oblie atiOns, as we'll as
hits and'privileges of the franchise,
all be made binding upon and inure
the benefit of not only the Municipal
action company, but also its success
and assigns.
II this propositions shall meet with
ur favorable consid GRAFTON, we would
Il