Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1901-10-05

respective periods horcu specified
Second Tho city retains the right
nf option after the expiration Of twon-
tvGvy years from scid date of pur
chasing tine tracks cars electrical
machinery plants. wines. poles ana
8li materials property and parlphor
MALTA properly belonging Co said as.
strm thDu constructed owned and
operated by grantees or their success.
urs horrunto. nt a fair aud reasonable
valuation thereof exclusive of fran.
chIHD value Said valuation Co bo
fixed hN o. court uf arbitration. con
sl.tiug originally of two disiutprostDd
persons ono OF whom to hH chosen hy
The city council Of the city of Nlhu.
puoIQue and the other by the grantees
u. their successors and should they
fHII tI nrrrC as to such valuation. they
shall select third person as member
nf said court And in tho event uf
their failure Co agree upon such third
person within 30 days after notice
.iyen Goo the other of such intention
either may petition the district court
ut the county ui Bornalillo New MUN.
Iro tO select and appoint such third
person Aud when 500 selected hy
thDW ur appointed hy the court the
.hrUH she'll constitute said court of
arbitration q majority ST which aerDp.
.un upon "a valuation Of gaiG property.
hall reduce same 80 writing over the
signatures Of those $50 agreeing At
which value $50 uxrd by said court the
city shall within 900 daya after tho
date oft adjustment Of value and Its
proper prascutuiou Co her city ,oun.
clL exercise hcr option Co purchase or
forfeit the right thereto
Third n is further understood.
that after the expiration uf fifteen
yplfs from date ~ acceptance OF ,hB
franchise the city shall receive as row
ouuo thcrclrom. oncfourth az an not
profits, accuoing Hereunder. over
and above eight per csntum nn the
amount Invested.
Fourth. lt is agreed by the mayor
and civ council uf the city uf Alhu.
QuUrquo. n. NJ of the first part and
Che parties to whom this franchise
rHDs NJ tho second part that from
tho dny This street railway is COM
Wuurpd uu other RIGHTS. privileges or
franchises FOR other street railway
the city limits shalt be- granted hy tho
c'N authorities until tho tmc allowed
hy This ordinance and stipulated in
paragraph FIRST Of this section eight.
cen months shall have expired. sub
inct. however, 90 the conditions. res.
u'atluuH and limitations imposed hy
thiH ordinance.
Section 3 Fun authority FOR the
construction OF tho roadbed the lay.
uE ana maintenance of tics. rails.
.nglc Dr double track. switches. poles
and wir shall Dee subject Co the ap.
prevail of the city council and other
U"uni fixtures and appliance IV.
h.r.uj Foo thD con ffuctou and opera.
Ton of an electric street railway BIS
hereby granted o. tho parties herein
named with thD express condition that
nN construction rhull conform Co the
grades of the streets ga now or in
tNo future IN hc established. that suit.
0hlr crossings at an 'ntursertiur points
Uf the ublir highway with the
street railway limo must bc maintain.
ed ny the operators OF said railway
Iu such % manner as o. cause mo-
public InruuNrulDnDo, and upOp said
operators rests the charge and main
tDu1uCp of that portion uf the public
highway as shall br Included between
lts tracks and two feet ON each side
oI Che ruHd, tr8. uI tracks Zoe such
manner as render IL uii times safe
and proper roadway for vehicles una
Iu Kind of pavement to conform tn
that OF the streets used
section a. The validity Of this fran
.HIHD shalt depend upon the strict
Conformation uf the operators 10 thc
embodied condition herein. and CON
Ung0Us operation of suck line as may
hr constructed by them under the
forms ~ thia grant exception made
fIr strikes, accidents by FIRE. Hood on
other unavoidable force
Section o. That said line uf street
railway shall not Interfere with the
drainage COZ water system of said city.
Iur which AN rights ~ Intersection
uf such line mt AN points whore the
moods uf the present and future watsr
anI srv1s" system may require a..
hereby are assured.
Throughout tho life of this franchise
thn operators Hereunder. agree 90
charge fare Cor each pa IHneer not
exceeding nyn cents. with transfer uu
.uior.nUtInE line Or lines of tho snid
tom Tor each continuous tip from
point 90 point within tho city limits
now coz hereafter 90 Boz established.
ihp conveyance uf passengers 10 Dec
performed loo safe muuucr aud with
duo regularity ami dieuat0h.
section % Tho operators az sail
street railway shall bH liable Tor an
damages tu NE ur property resulting
from tho negligence of tho operators
their employees, ur faulty cunatmc.
ilou, equipment Ur maintenance ~ the
said street railway system,
Section 2 Any interference with
ihp rights embodied 10 this franchise.
th" obstruction OF the track 10 delay
the passage OF cars destruction or
injury to any part Of tho equipment
COR property OF this street railway
system hall constitute mlsdcmean
cor ami to Punishable by nuo ot not
Jess than Eve nor more than one hun.