Los Angeles herald., 1905-07-03
PusLIc ADVERTISING


tificete from a teacher approved by
city, that he or she is a pupil Of said
AND provided further, that SAID
assigns shall at all times carry ali
regular and special policemen, police
officers, firemen and letter carriers,
of the City Council, and Of the Boards
of Police Commissioners Fire Commits
sioners, Water Commissioners, Park
Commissioners and Civil Service Com
missioners, the members Of the Board
Of Health, the members of the Board OF
Education City Superintendent OF
lie Library free over said road and
over any other road or roads within
said city which said grantee or his or
may hereafter own, control or operate.
subject at all times to such reasonable
regulations as said grantee and his or
its SUCCESSORS or assigns may prescribe.
Provided further, that said grantee
and his or its successors and assigns
shall pay to the City Tax and License
Collector Of the city of Los Angeles
or may be hereafter fixed by the Or
dinances of said city
That the said grantee and his or its
successors and assigns shall during the
life OF said fran chise pay to the CITY of
Los Angeles, in lawful money of the
United states, two per cent Of the gross
or its successors and assigns, arising
from the use, operation or possession
OF said franchise. No percentage shall
be paid for the first five years succeed
ing the date of said franchise, but
thereafter such percentage shall be
payable annually, and said franchise is
payments provided for. Provided, that
IL the road for which said franchise is
granted shall be. an extension of an
existing system of street railroad then
the RrOHq TpCafntg qha11 ha nqfiuatad I'm
be one-half of the proportion of the
total total gross receipts of said system
bears to the total mileage of the whole
system, and said estimate shall be con-
elusive as to the amount of the gross
receipts of said extension.
And It shall be the duty of the
grantee of said franchise and of his or
It's successors and assigns to file with
the City. Clerk of the City of Los An
geles, at the expiration of six years
from the date of the granting of said
franchise and at the expiration of each
and every year thereafter. statement.
verified by the oath of said grantee or
his or its successors or assigns, or by
the oath of the manager or presiding
officer of said grantee or his or it's
tai gross receipts and gross earnings
collected or received by said grantee
or his or its successors or assigns dur
All traffic over any part of the line. for
the construction and operation of which
said franchise is granted, or over any
part Of the system of street railroad
or which 1T may be an extension, and
from all other sources, and within ten
days after the time for filing afore-
said statement 1t shall be the duty of
and assigns to. pay to the City Treas
urer$ of the City of Los Angeles the
aggregate sum of the said percentage
receipts arising from the use, operation
or. possession OF said franchise, deter
mined and computed. in the manner
hereinbefore provided.
And any neglect, omission or refusal
by said grantee or his or it's successors
or assigns to file said verified state
the said gross, annual receipts, at the
times or In the manner hereinbefore
provided shall ipso facto work for
feiture of said franchise and of all
rights hereunder, to the City of Los
Angeles.
That the. work of constructing said
road shall be commenced in good faith
from the date of the granting of said
franchise, and shall be continuously
prosecuted thereafter in good faith and
termission or delay; that said work of
construction shall be completed within
not more than three years thereafter;
commenced and continuously prosecuted
so that at least one-third of the work
OF constructing said road shall be COM
pltlcu WllHiIl one year from Lne Time
work be not so commenced, prosecuted
or completed within the times or in
shall be forfeited.
/ That said grantee or his or it's sue
cessors or assigns shall not SELL trans
fer or assign said franchise or any of
by, except by a duly executed instru-'
ment In writing, filed IN tbs. office of
the City Clerk Of the City II Los An
nothing in said franchise contained ed
shall be construed to grant to said
grantee or his or it's successors or as
assign said franchise or any of the
rights or privileges thereby granted,
except in the manner aforesaid.
have the right at the expiration of tho
aforesaid period of twenty-one years
to purchase the rails, track and road
streets hereinbefore mentioned, belong
ing to said grantee or his or its sue
cessors in interest, laid or constructed
by said grantee or his or its successors
in interest in the exercise of this fran
chise,, at a. fair valuation. provided
that the option to make such purchase
City Council passed NOT more than
three years nor less than six months
prior to the expiration of said period
The valuation of the property pro-
posed to be purchased pursuant to the
provisions of this Ordinance shall be
determined by board Of three arbi-
traitors. of whom one shall be appoint
ed by the city, one by the said grantee
or his or its successors In interest, and
the third by the two arbitrators so ap-
pointed Said arbitrators shall be ap-
pointed within thirty days after the
declaration by the city Of its option
to purchase said property. In case said
arbitrators fail to make and file an
award within the time hereinafter linn
tied, new board of three arbitrators
shall be appointed as hereinbefore pre-
scribed. to determine the valuation of
said property. The board OF arbitrators
shall imediately upon the appointment
of its members enter upon the dis
charge of it's duties. Any vacancy in
the board of arbitrators shall be filled
by the party who made the original ap-
pointment to the vacant place. The
award of the arbitrators must be made
and filed with the City Clerk of said
city within three months after their
appointment, and majority of the ar
bitrators who agree thereto may make
such award.
The amount of the valuation of said
property determined by the arbitrators
as hereinbefore provided shall be paid
by the city to said grantee or his or
its successors or assigns, In lawful
money of the United States. upon the