Los Angeles herald., 1905-12-21
PUBLIC ApvsRrIslN,

filed with the City clerk Of said city
pointment, ana a majority Of he arbi-
such award.
The amount Y 81, Of the valuation Of said
ss hereinbefore provided shall be paid
oy ne city TO said grantee, or his
money Ur 1eS m tbe fnits99r or assigns IN lawful
twenty.one years, or, II the award OF
made aDd fed sas. s St SSbI nSye been Ss
fore the expiration of said period of
twenty-one years: then within two
Upon the making OF said payment avn g the the
title and right OF possession Of ali said
property shall pass TO the city OF Los
That any neglect, failure or refusal
to comply with any of the conditions of
said franchise shall thereupon immedi-
hey pso and daffS tho ses e,v b1 t tire
Council, may thereupon declare said
franchise forfeited, and may exclude
snd said 1ssin grain1ee or, or his or It's successors
streets of said city under said franchise
and said grantee and his or its success
mediately surrender all rights in and to
the same, and said franchise shall he
deemed and shall remain null, void and
of no effect.
Notice is also hereby, given that
for. said franchise up to eleven O'Clock
in the iSGs forenoon of the 22d day of Janu-
will be opened at that time; that ali
bids must be for. the payment of a
stated sum, IN gold coin Of the United
struck off, sold and awarded to the
person, tirm or corporation who shall
Dgox1dt6 msE9 the ohig hgheIt cash Pd thsrefor
opening said bids any responsible per-
represented may bid for said fiSHt franchise
the highest sealed bid pdi therefor re aU4nd and
that said bid so made may be raised
rot less st then ter per cent by any other
may so continue until finally said fran
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
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 he 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 deposits as above men
toned: Said procedure will be had un-
TIL said franchise Is struck off. sold
and awarded to bidder who shall
make the necessary deposit of at least
as herein provided. Said successful
BIDDER shall deposit with the City Clerk
within twenty-four hours after The ac-
~ per cent of the amount thereof. and
In case he or it fails to do so. then the
said deposit heretofore. made will be
will. then and there by said city Gown
Sqbsst Sil BE- again 9dd. Offered for sale to the
manner and under the rcstric-
tions as .hereinbefore provided, and in
case said bidder fails to deposit with
per cent of his bid within twenty tour
hours after it's acceptance the award
TO him Of said franchise will be set
by him will be forfeited. and no fur
ther proceedings for the sale of said
FRANCHISE will be had until the same
snail be readvertised for sale.
Notice is also hereby given that the
successful bidder for said franchise
must. within five days after said fran
chi chise r.. Is awarded to him or It, file with
the City Council a bono running to said
city, in the penal sum of five hundred
collars, with at least two good and suf-
SuIt lleS, 10 De approved Dy SdlO
City Council, conditioned that said bid
der shall we'll 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 liquidated damages. and
shall be recoverable from the principal
and 7ureties 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,