Los Angeles herald., 1905-12-22
PUBLIC ApvERTIsIN


filed with the city Clerk Of said city
within three months after their ap-
pointment, and a majority Of the arbi-
traitors 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, OF his
money OF the United states. upon the ex-
piration Of the aforesaid period OF
made and filed at least two months be-
fore the expiration OF said period OF
twe1ty-o1ye ,yon,, ne years; then within two
Upon the making OF said payment the
title and right Of possession OF all said
property shall pass to the City OF Los
That any neglect, failure or refusal
20 comply with any Of the conditions OF
s9ld sfddv frqnehise nse shall thereupon immed
thereof and the said city, by its city
Council, may thereupon declare said
sr9i9chise sr n forfeited and may exclude
and assigns, from further use of the
streets Of said city under said franchise,
and ors and SAD grapteS ear snd 9s or Its success
mediately surrender all rights In and to
the same, and said franchise shall be
deemed ,s END shall remain null. void and
Notice, is also hereby given that
sealed sea BIDS IN writing, VIII be received
arX: 1906. that the bids received
VIII be opened at that time; that all
bids must be for, the payment. OF a
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 fod or corp21Tation POT present or
the. highest, sealed bid therefor. and
that. said bid so made may be raised
responsible bidder and said bidding
may so continue until finally said fran.
chise shall be struck off sold and
highest bidder therefor in gold coin Of
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
with; and the successful bidder must
deposlt Mt least ten per cent of the
amount Of his bic, with the City Clerk
to him. and II he shall fail to make
such deposit Immediately his bid will
not be received and will be considered
i
and there be. again offered for sale to
the bidder who. shall make the highest
ca sh bid therefor, subject to the same
| toned: Said procedure will be had un.
I'll said franchise is struck off sold
ana awarded to bidder who shall
ten rer cent of the amount of his bid
as herein provided. Said successful
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 it fails to do so. then the
forfeited; and the award OF eai1 fran
chlse viii be void, and said franchise
viii then and there by. said CITY Conn-
highest bidder therefor. in the same
lmunner and under the restrlc
tions as hereinbefore provided, and in
the City Clerk the remaining nihety
Eer cent. OF his bid within twenty four
hours after its acceptance. the award
aside: and the deposit Heretofore made
by him will be forfeited. and no fur
tn ther proceedings for the sale Of said
shall be readvertised for sale.
Notice is also hereby given THAT the
successful bidder for said franchise
chise Is awarded to him or 1t, file with
the City Council n bone running to said
CITY, In the penal sum of five hundred
-, WIN at ltdsl Two SOOu ana SUI
ficient surtties. to be approved by said
City Council; conditioned that said bid
der shall well and truly observe. fulfill
condition of said franchise and that in
case Of any breach of condition OF said
bond the whole amount of the penal
deemed to be liquldated da ma ges and
shall be recoverable from the principal
and lureties upon said bond. II said
pond be not so filed. the award of said
franchise will be set aside. and any
money paid therefor will be forfeited.
H. ]. LELANDE
III lnrlr