Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1905-08-10

SH. p, $500 per month.
II, F., $500 per month.
II, p, 5000 per month,
All above this amount at the rate Of SI,oo per
horse power per month.
Section IA. The said William A.. Buddecke, his
heirs, execusors, administrators and assigns shall
only be required to pay to the City OF Las Vegas such
taxes as are levied by law on any real estate or per-
sonal property, and no license occupation tax or other
imposition shall be exacted during the term OF this
franchise on any Of the cars, rails, track, power house,
~car-sheds. machine shops, or any property OF any ma
ture whatsoever belonging to said electric street rail
way, or on any of the poles, wires, cables, lamps brother
apparatus or appurtenances belonging to the said VIII
liam A.. Buddecke, his heirs. executors, administrators
and assigns.
Section IS. Should the said William A. Bud
decke, his heirs, executors, administrators and assigns
refuse. neglect or fail to so run said cars, or to operate
said electric street railway, in a reasonable and satisfac-
tory manner, in accordance with the provisions of this
ordinance, for a period OF sixty days, then, and in that
event, all rights of the said William A. Buddecke, his
heirs, executors, administrators and assigns, under
this ordinance, shall stand forfeited, and the ordinance
be null and void, and said City Of Las Vegas have full
right to take possession of said system and operate
the same; provided that strikes, fires, unavoided acct
dents and providential hindrances are hereby excepted.
Section 16. The maximum rate of prices for cleo
trio lighting, in this ordinance fixed, shall stand and
be binding for five years only. At the end Of that
period, the electric light rates, in this ordinance re-
ferred to, shall be read justed, but in no event shall
the maximum rates for such lights be higher than in
this ordinance fixed. The REIMBURSEMENT Of rates for
lighting in this section referred to, and the new rates
fixed, shall be by mutual agreement between the said
William A. Buddecke. his heirs, executors, administra-
tors and assigns and the City Council of said City
OF Las Vegas, and if they shall fail to agree on the
new rates to be established, at such readjustment, such
rates shall then and in that event be fixed by arbitra-
ton. And in all cases thereafter in case of any dis
agreement as to rates for lighting between the said
William A. Buddecke, his heirs, executors, admins
traitors and assigns and the said City of Las Vegas.
such rates shall be settled and fixed by fair and just
arbitration.
Section y. The said William A. Buddecke, his
heirs, executors, administrators and assigns, shall on
or before August 81, 1905, after the passage Of this
ordinance, file with the City Clerk OF the City of Las
Vegas an acceptance in writing Of this ordinance; and
in case of failure SO to do the ordinance shall stand
as set aside, forfeited, annulled and vacated.
Section IS. In the construction of such electric
street car line, light and power system, where, in the
opinion Of the City Council, it can conveniently be
done, the poles used therein and connected Herewith
shall be placed in the alleys of said city.
Section 10. That portion of The Atchison, To-
peka & Santa Fe Railway Company, within the City Of
Las Vegas, known as the Hot Springs branch thereof,