Los Angeles herald., 1905-07-25
PUBLIC ADVERTISING


his or fts successors in interest, laid or
constructed under the grant OF said
his or It's successors IN Interest in the
exercise Of said franchise, at a fair
valuation, provided that the option to
make such purchase shall be declared
by resolution OF the City. Council passed
not more than six months prior to the
expiration of said period OF twenty-one
The valuation Of the property covered
by the aforesaid option or right to pur-
chase shall be determined by a board OF
Appointed By ths cit City, one by By the said
terest, and the third By the two arbi-
sbs be- So within d tbFy sgs
after the declaration by the city Of It's
option TO purchase said property. In
file an. award within. the. time herein
after limited, a new board of three ar
bitrators shall be appointed in the same
manner as hereinbefore prescribed, to
erty The board OF arbitrators shall
Immediately upon the appointment of
its members enter Upon the discharge
of arbitrators shall be filled by the
party who made the original appoint.
ment to the vacant place The award
filed with the City Clerk OF said city
within three months after their ap-
pointment, and n majority OF the arbi-
traitors who agree thereto may make
The amount Of the valuation OF said
property determined by the atbitrators
by the city TO said grantee, or hts or
its successors or assigns, in lawful
money of the United states. upon the. ex.
Plrstt9n Of vosr the HfoTsseid aid period Of
the arbitrators shall not have been
made and filed at least two months be-
fore the expiration Of said period of
months after the filing of said award
Upon the making of said payment the
title and right of possession of all said
Angeles.
That any neglect, failure or refusal
to comply with any OF the conditions Of
said franchise shall thereupon. lmmedl-
ately ipso facto effect a forfeiture
thereof, and the said city, by It's City
Council, may thereupon declare said
said grantee, or his or it's successors
and assigns, from further use of the
streets of said city under said franchise
and said grantee stI,i ana MS MS or Its success
mediately surrender all rights in and to
the same, and said franchise shall be
deemed and shall remain null, void and
Notice is also hereby given that
sealed bids, In writing. will be received
for said franchise up to eleven o'clock
of August 1906; that the bids received
will be opened at that time that all
bids must be for, the payment. of
States; and that the franchise will be
struck off sold and awarded to the
person firm or corporation who shall
provided only, that at the time Of
opening said bids any responsible per-
son. firm or corporation, present or
represented, may bid for said franchise
a at1p N less than ten a hova
the highest sealed bid therefor and
that. said bid so made may be raised
not ess than nGep dG per Ge9t by any
may so continue until finally said fran
chise shall be struck off, sold and
awardesd ,,s By 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
urer OF, the City Of Los Angeles, for
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 franchise will then
the, bidder who shall make the highest
cash bid therefor, subject to the same
conditions as to deposit as above men,
TONED; Said M procedure will be had un;
and awarded to a bidder who shall
make the necessary deposit OF al least
ten Per cent of the AMOUNT of his b!d
bidder shall deposit with the. City Clerk,
within twenty-four hours after -lie ac-
ceptance of his bid, the remaining nine
ty per cent of the amount thereof, and
in case he or 1T fails to do so, then the
said Geposit heretofore made will be
forfeited, and the award of said fran
will then and there by said City Conn
ell be again offered for sale to the
highest bidder therefor, in the same
tions as hereinbefore provided and in
case said bidder fails to deposit with
the City Clerk the remaining ninety
per cent of his bid within twenty four
hours after its acceptance the award
to him of said franchise will be set
aside, and the deposit heretofore made
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
must within five days after said fran
chise is awarded to him or it. tile with
the City Council a bond running to said
city, in the penal sum of five thousand
dollars, with at least two good and suf-
ficient surcties, to be approved by said
City Council, conditioned that said bid
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 liquidated damages and
shall be recoverable from the principal
and sureties upon said bond. If said
bond be not so filed, the award of said
franchise will be set aside, and any
money paid therefor will be forfeited
H. ]. LELANDE,
7-20-29 lot City Clerk
Notice Inviting street Work Proposals
Pursuant to Statutes and to Dr-
dinance No. 1924 New Series) of the
Council of the City of Los Angeles
adopted July 10. 1905. directing this
notice, the Undersigned invites and will
receive at his office in the City Hail.
up to IL o'clock a. m. of Monday July
81, 1905, sealed proposals or bids for the
| following street work, to be done ac-
cording to specifications:
| No. 1 (New Series) for cement curbs
| No. 2 New Series) for cement side
in the City of Los Angeles, posted
and on file therefor adopted. or herein
mentioned, to wit:
1st That a cement curb be con-
structed along each line of the road
VALENCIA STREET
E..rx. .Aw~IWV n