Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1899-05-20
chises to Various Consolidated Companies
in This City.
One of Them Was Forfeited for Non-Com.
pliance with Contract Back
in 1892.
Some Interesting Information Which the City
Council Should Gall For from Various
Officials.

Its rights and privileges should cease
ana he Of no more effect and that this
termination shall not I've required the
Judgment or decree of any court" that
the price charged for gas should never
exceed the rate named In the ordinance
and that Il would neither sell nor
lease Its franchise or privileges aud
would not enter into any combination
with any gas company concerning rate
ar price to he charged for gas and
should give bond Of SJO0.OO0 TO satisfy
any damages TO the city of Chicago or
any consumer of Its gas who should
suffer through violation Of any obi.
cations, or conditions OF the ordinance.
the liability not to bc limited by the
amount OF the. penalty Of said bond.
Q. EQUITABLE GAS LIGHT AND
FUEL COMPANY.-An ordinance
granting perpetual franchise, passed
Aug. ~. 1885,, authorizing the company
tn construct. operate and maintain
works, lay mains and service pipes,
the company agreeing to charge not
more than % cents per foot for service
pipes; to charge not more than $1.7J
per 1000 cubic feet for gas. with re.
bate Of 81 cents per 1000 feet TO all
users who consumed over 100000 cubic
feet per annum: "any attempt to col.
lect greater rate would work u for.
fixture Of all rights AMI privilcgcs;"
that meters and quality Of gas shall be
subject TO inspection and tests; that
mains should Inc extended upon dc.
mand by two.thirds vote OF the Coun.
ell In any block three.fOurths OF which
shall he improved by building: that
the company should cXpend 100000
within the first twelve months and lay
mains and distribute within three years
gas TO the extent Of Ten Million feet
every thirty days; that II said company
shall at any time enter into any COM
blnatlOn directly or Indirectly, with any
gas company or companies. concerning
rate or price for gas. or shall directly
or Indirectly sell, or transfer Its rights
AMI privileges. all Its rights ana priv.
leges under Its franchise. without any
judgment or decree OF any court, shall
fully cease aud terminate absolutely,
and the company was required before
the ordinance became operative to give
a bond of 100000 ns surety to the city
or any consumer OF It's 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 up
rs the limit Of liability.
UNIVERSAL GAS COMPANY.-An
ordinance for iifty.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 10 per
cent. Of Its gross receipts, ana if, or
when, the company should reduce the
price 10 30 cents or less. the company
should be released from paying the
city any percentage. This company
was required 10 expend 100000 upon
It's works ana mains within twelve
months, ana within three years to have
plant capable of supplying to con.
suiners ten million feet of gas every
thirty days; the company was required
to deposit 100000 In cash with the
City Comptroller ana give bonds of
100000 additional for faithful cOmpli.
ancc with all provisions OF the Ordin.
ancc: 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-
ers for any damage resulting to the
city or consumers for any lnfracti0n
of the provisions of Its franchise would
not he limited by It's bond; all upon
the express condition that the com
pany should not sell, lease, transfer its
privileges or enter into any cOmbina-
ton rs to price with any other trust
or corporation, and the company spe-
clhcally agrees that for any violation
OF Its obligations to the city or cOnsum-
ers, It's plant, mahlnery, tools and ap-
pllanccs shall revert and belong to the
city, without Intervention or process of
law; and II Is expressly provided that
the city shall have the right to pur.
chase the plant entire at an appraised
value At the end OF hfty years.