Los Angeles herald., 1905-12-27

months after the filing OF said avn rd
Upon the making of said payment he
title and right OF possession OF all . NO
property shall pass to the City Of Los
That any neglect. failure or refusal
to comply with any Of the conditions .of
ately ipso facto effect a forfeiture
thereof and the said city. by its City
Council may thereupon declare said
said grantee. or his or its SUCCESSORS
and assigns, from further use of the
streets of said city under said franerise.
and said grantee and his or its succsss-
ors and assigns shall thereupon and i'm
mTediately surrender all rights in and to
deemed and shall remain null void and
n Notice Of -, is also hereby, given THAT
in the forenoon Of the 22d day Of Janu-
be 1'CS oSene6 t6at At the that bids bids received
bids must be for the payment Of a
stated sun, n gold coin of the United
struck off sold and awarded to the
person, firm or corporation who shall
make the highest cash bid therefor:
opening said bids any responsible per-
represented, may bid for said franz franchise
the highest Sealed bid i therefor' reas aOoHs ane
that said bid so made may be raised
than tSG per cert by any other
may so continue until finally said fran.
chise shall be struck off, sold and
highest bidder therefor in gold coin of
the United States. Each sealed bid must
be accompanied with cash or a certi-
urer OF, the City of Los Angeles, for
the full amount of said bid, and no
sealed Sc 1b bid will be considered unless
with and the successful bidder must
deposlt at least ten per cent OF the
before said franchise will be struck off
to him, and II he shall fail to make
such deposit Immediately. his bid will
as void, and said franchise will then
and there be. again offered for sale to
the bidder who shall make the highest
conditions as to deposits as above men
toned Said procedure will be had un-
nd til said rTa6 fTa6chise is struck off sold
make the necessary deposit of at least
ten per cent Of the amount Of his bid:
bidder shall deposit with the city Clerk.
within twenty-four hours after the ac-
ceptance Of his bid. the remaining nine
in case he or It fails to do so, then the
said deposit heretofore made will be
forfeited; and the. award of said fran
Will, then and there by said city COM
cil be again offered for sale to the
| HIGHEST Dluuer Jnerefor, In the same
| manner and under the restric-
| tlons as hereinbefore provided, and I'm
case said bidder fails to deposit with
the City Clerk the remaining nihetv
| per cent of his bid within twenty -four
hours after it's acceptance, the. award
to him of said franchise will be SET
aside. and the deposit heretofore made
| by him will be forfeited. and no fur
| ther proceedings for the sale of said
rranchise Will be had until the same
shall be readyertised for SALE
Notice is also hereby given that the
successful bidder for said frenchise
must. within five days after said fran
! chise is awarded to him or 1t, file with
the City Council a bono ~unning to said
| city, in the penal sum of five hundred
dollars with at least two good and suf-
flcient surcties, to be approved by said
| City Council. conditioned that said bid
der shall well and truly observe fulfill
condition of said franchise. and that in
case OF any breach of condition of said
bond the whole amount of the penal
sum therein named shall be taken and
deemed to be liquidated damages. and
shall be recoverable from the principal
and Iureties upon said bond II said
bond be not so filed. the award Of said
franchise will be set aside. and any
money paid therefor will be forfeited.
H. j. LELANDE,
| 12-21-30 lot City Clerk.