Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1903-10-08

ne 6al0 CITY Common may 10 NutnOv.
z.d aud SEE proper At any time u
,inpt, no' des'r"yirg or materla in
..iring the rights and privileges here
" granted.
SECTION Nv.
Said company shall comply with ali
reasonable demands of the city or citi
zens in regard to furnishing lights
fuel or heat, and In no event shall said
company charge the city or citizsns VI
IT any higher rate for furnishing sail
light, fuel or heat, than the average
and customary charge In any other cit
les lighted or heated under substan.
italy similar conditions. due and prop
ar account being taken in all cases. OF
the number, power and quality OF
amps used and of the relative cart
necessary to properly maintain and op
,rate the same.
SECTION v.
The privileges herein granted art
mon the express conditions that thu
Company, ITS successors and assigns
shall be liable for sllirjnries to persons
or property caused ny the negligence
announcement or fault of said ON
oany or any of It's employees while
constructing or operating said system
md should the city be compelled Il
,av any such damage 1t shall recover
he same from said Company, together
With interest end costs, and the record
If alignment against the city in an,
INCH case shall be conclusive evidence
against said Company and shall entitlt
ne city to recover against said Com
| rany therefor.
SECTION vi
The said city hereby reserves the
light and privilege, that in cast
,sld Company shall fail TO furnish
{ sid city or citiz ms sati' "a ;tory
lights, fuel or heat, and at raus nablt
prices, ~ In this ordinance required
.hen and in that event the city may
after the expiration of eight (S) wears
purchase the said plant 80 Constructed
together with all property owned by
said Company or It's successors and as
signs and used or necessary IN the op
per stion of the same, at an equitable
price to be paid therefor, said purchase
to be at the option OF the city Ut any
time after the expiration of eight q,
years % aforesaid, and in case the Cit.
shall elect 80 to purchase. he terms o:
,ad purchase shall be fixed as follows
Said city shall assume and agree to pay
any bonded indebtedness of said Com
pany, with the accrued interest, and IT,
addition thereto shall pay such reason
able sum as shall be determined III the
following manner: The City Council
shall select enc person and said Tom.
pany or Its representatives shalt select
second person and the two thus sc.
lected shall select third who shall be
Nonresident. snon-tax payer ofsaid
city and wholly disinterested, and the
said three persons shall constitute y
board of arbitration for the said purch
ase, and said board shall fix the fail
equitable price to be paid by the city
for said systems and property and shall
Fix the entire, full and complete terms
conditions and requirements of sale
purchase.
SECTION VII.
The said ''omnsny shall signify 1t,
assent to the provisions "f this ordi
nance within thirty (3W dive after the
same shall become in full force and eff
feet. This ordinance shall be in full
force and effect only from and af:rr 8
franchise to establish, operate nnC
maintain gas, electric light and power
and heating plant or works in said city
shall have been granted to said Mis-
souri, Valley Electric Light Company
its successors and assigns, by vote OF
the citizens of said city In acc ,rdance
with Section 776 of the Code of Iowa
and the publication of this ordinance
according to law in the said city.
SECTION VIII.
That all ordinances or parts of ordi-
nances in conflict with this ordinance
are hereby repealed.
Adopted this sixth day of October
1903.
j. j. AMEN, Mayor.
ATTEST: j. b. BARRETT, City Clerk