Los Angeles herald., 1905-07-02
PUBLIC ADVERTISING

schools. 80 - '"e 20 q pUp'
And provided further, that said
grantee and his or its SUCCESSORS and
regular and special policemen, police
officers firemen and letter carriers
while on duty, the Mayor and Members
L OF the, city Council, and Of the Boards
Of Police Commissioners, Fire Commis-
sioners, Water Commissioners, Park
Commissioners and Civil Service Com
missioners, the members of the Board
Education, City superintendent Of
Schools, and the Directors of the Pub
lie Library. free over said road and
over any other road or roads within
said city which said grantee or his or
Its successors or assigns does now 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
Collector of the City Of Los Angeles
the license upon each car that Is now
or may be hereafter fixed by the Or
That the said grantee and his or its
successors and assigns shall during the
life Of said franchise pay to the City OF
United States, two per cent of the gross
annual receipts OF such grantee and his
or It's 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
to be forfeited by failure to make the
payments provided for. Provided, that
II the road for which said franchise is
granted shall be an extension of all
| existing system of street railroad then
the gross receipts shall be estimated to
be one-half of the proportion of the
which the mileage of such extension
bears to the total mileage of the whole
system, and said estimate shall be con-
receipts of said extension.
And 1t shall be the duty of the
grantee of said franchise and Of his or
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 It's successors or assigns, or by
the, oath of the manager or presiding
officer of said grantee or his or its
successors and assigns, showing the to-
| tai gross receipts and gross earnings
coliected or received by said grantee
or his or its successors or assigns dur
| ing the preceding twelve months, from
| 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
| of which 1t may be an extension, and
| from all other sources, and within ten
days after the time for filing afore-
said grantee and his or it's successors
and assigns to pay to the City Treas
urer of the City. of Los Angeles the
aggregate sum of the said percentage
upon the amount of the gross annual
receipts arising from the use, operation
or, possession OF said franchise, deter
mined and computed, in the manner
| And any neglect, omission or refusal
| by said grantee or his or its 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
within not more than four months
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;
that said work of c3,nstruction shall be
SO that at least one-third of the work
of constructing said road shall be COM
pleted within one year from the time
work be not so commenced, prosecuted
or completed within the times or in
the manner. specified, said franchise
That said grantee or his or its sue
cessors or assigns shall not sell, trans
fer or assign said franchise or any of
ege1s Hcen Or pv privileges
ment in writing, filed in the office of
the City Clerk of the City u Los An
gelteSs and m provided further that
shall be construed to grant to said
grantee or his or it's successors or as
signs any right to sell, transfer or
rights or privileges thereby granted,
except in the manner aforesaid.
That the City of Los Angeles shall
have the right at the expiration of the
to purchase the rails, track and road
bed and all property in any of the
streets hereinbefore mentioned, belong
cessors in interest, laid or constructed
under the grant hereby made or used
| by said grantee or his or its successors
that the option to make such purchase
shall be declared by resolution of the
City Council passed n1p2t more than
prior to the expiration of said period
of twenty-one years
The valuation of the property pro-
provisions OF this Ordinance shall be
determined by a board OF three arbi-
traitors. of whom one shall be appoint
ed by the city, one by the said grantee
or his or it's 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
Iarbitrators fail to make and file an
award within the time hereinafter linn
tied. a new board of three arbitrators
shall be appointed as hereinbefore pre-
scribed, to determine the valuation oi
said property. The board of arbitrators
shall imediate1y upon the appointment
of it's 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 theiI
appointment, and a 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 OF
| its successors or assigns, In lawful
money of the United States, upon the
expiration of the aforesaid period OF
| twenty-one years, or. If the award oi
the arbitrators shall not have been
made and filed at least two months
before the expiration of said period OF
tWenty-one years, then within two
months after the filing of said award