Los Angeles herald., 1905-12-25

months after the filing or said award.
Upon the making OF said payment the
title and right OF possession of all said
property shall pass TO the City of Los
Angeles.
That any neglect. failure or refusal
to comply with any any of the conditions ot
ately ipso facto effect a forfeiture
thereof. and the said city. by its city
may thtsgTeupoTn TT declare sac
said grantee. or his or its successors
and assigns, from further use OF the
and said grantee and his or its 50 cess,
ors and assigns shall thereupon aud im-
mediately surrender all rights In and to
the same and said franchise shall ne
deemed and shall remain null. void and
of no effect
Notice is also hereby, given thar
sealed bids In writing, will be received
FOR. said franchise up to eleven O'clock
In the forenoon of the 22d day Of Janu-
airy. 1906. that the bids received
bids must be for the payment OF a
stated sum in gold coin OF the United
States; and that the franchise will be
person. firm or corporation who shall
make the highest cash bid therefor;
proyi,ded pro on oqnly that at the time ot
represented! may bid for said franchise
the Fst @ less sesed hSg sG b st aboys s
that. said bid SO made may be raised
not less than ten per cent by any other
msg SO eoet6ne eadsr S rs ay fd S sqSns as
chise shall be struck off sold and
awarded by said City Council to the
the United States. Each sealed bid must
be accompanied with cash. or certi-
fled check payable to the City Treas
the, full amount OF said bid, and no
sealed bid will be considered unless
said cash or check is enclosed there
deposit at least ten per cent of the
amount Of his bid with the city Clerk
before said franchise will be struck Off
such deposit Immediately his bid will
not be received. and will be considered
as void, and said fran chise. will then
the bidder who shall make the highest
cash bid therefor, subject to. the same
f3nditions :. as a to deposits above men
til said franchise is struck off sold
and awarded to a bidder who shall
ten the een ef thsy dpSnt Of Of s as ss
as, herein provided. Said succcssfui
bidder shall deposit with the. City Clerk.
ceptance Of his bid. the remaining nine
~ per cent of the amount thereof and
In case he or II fails. to do SO. then the
forfeited, and the. award OF said fran
will then and there by. said CITY Conn
highest bidder therefor. in the same
manner and under the restric-
tions as hereinbefore provided. and in
case said bidder fails to deposit with
the City Clerk the remaining nihety
per cent. of his bid within twentv.four
hours after its acceptance. the sward
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
franchise will be had until the same
shall be readvertised for sale.
Notice is also hereby given that the
successful bidder for said franchise
must within five days after said franz
chise Is awarded to him or 1t. file with
the City Council a bone ~unnin2 to said
city in the penal sum of five hundred
dollars. with at least two good and suf-
ficient surcties. to be approved by said
City Council. conditioned that said bid
der shall well and truly observe, fulfill
and perform each and every term and
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 Iiquidated damages. and
shall be recoverable from the principal
and 7ureties 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.
II. J. LELANDE,
12-21-30 lot City Clerk.