Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1906-03-01
PUBLIC ADVERTISING

s."Li the II dHcHlSe granted 10 salu - nn -
or MS assigns, in any manner eniarse. OF
extend the rights or privileges Oh Lne
persons or corporations owning Sucn PollSGss'
or corner upon them any greater OF tbnse
granted to them by the franchise or IRAN
chises under which said poles have pee ii
i Or may be erected and maintained; ana t ed
under said franchise shall have complete
IRON or copper circuits. 1T,
That said grantee and his assigns shail,
II required by said city, furnish and allow
It, during the term of said franchise. the
right to use, free Of charge or expense 10
eentage Of me fb eo1dn rn ana escS cable as
hereinafter provided, for municipal pur-
poses. such use to be consistent with the
proper and reasonable use Of said system
exercised In the manner following, TO VII:
Wherever conduits are laid for the wires
said city shall be- Sie entitled. subject to the
limitations aforesaid, to use said condults
for Its wires in all cases where separate
duits are occupied by BY cables instead Of
separate wires, the said city shall be en-
titled to the use Of ten per cent OF the
fifty pair, and twenty per cent OF the
wires In each cable containing fifty par
or less, whenever required by it for the
purpose aforesaid.
That the rents or charges for service
In or by the system established or maiii-
tanned under said franchise shall be sub
Ject to regulation by the City OF Los
That said grantee and his assigns shall,
during the life of said franchise, pay to
the City Of Los Angeles in lawful money neg
OF the United States, two per cent or the
gross annual receipts of such grantee and
his assigns, arising from the use. operation
or possession of said franchise. No per
years succeeding the date Of said fran
chase, but thereafter such percentage
shall be payable annually, and said fran,
the payments provided for. The amount
OF the gross annual receipts Of the SAID
grantee and his assigns arising from the
use, operation or possession OF said iran
chise, shall be deemed and understood to
be-, and shall be, the total gross earnings
collected or rSssea Or 9r IN any m or hs
assigns. from charges or rentals, and from
the leasing or letting Of lines, or conduits
And 1t shall be the duty of said grantee
and his assigns. to file with the City Clerk
of the City of Los Angeles, at the expira-
ton Of six years from the date of the
granting of said franchise, and at tho ex-
statement, verified by the oath of said
ygrantee or his assigns. or by. the oath off
the manager or presiding officer or sald
grantee or his assigns, showing the total
gross receipts and gross earnings col
lected or received or in any manner
gained or derived by the said grantee or
months from charges, and rentals. and
from the leasing. or letting OF lines or
conduits. And within ten days after the
shall be the duty of said grantee or his
assigns to pay to the City Treasurer OF
the City of Los Angeles the aggregate
amount of gross annual receipts arising
from the use. operation or possession OF
said franchise, determined and computed
IN the manner hereinoefore Pro.1debG 1 a said
grantee or his assigns to file said verihed
statement, or to pay the said percentage
Of the SAID srosS annual reGe,Psss az pro
jvided, shall ipso facto work a forfeiture OF
the franchise hereby granted, and or an
rights hereunder. to the City OF Los
Angeles.
That the work of construction shall be
commenced in good faith within not more
than four months from the date OF the
continuously prosecuted thereafter m
good faith and without unnecessary or
ayoidable intermission or delay. .p,u
That said grantee or his assigns snaii
not sell. transfer or assign said francnise;
or any of the rights or privileges granted
thereby. except by Id, duly e3H exc uten. M NJ
the City Clerk Of the City Of Los An
geles; and provided further, that notning
in this franchise contained shall be con-
assigns any right to sell, transfer or as
sign said franchise or any Of the rights
or privileges thereby granted except In
the right, at the expiration Of the. period
of twenty-one years. to purchase the sac tal.a
alarm system, and all of the properties
used in connection with such auxliia aigs
fire alarm system, and belonging 10 tne
grantee of said franchise or his or us
successors in interest. and laid, construct
ed or maintained under the grant OF the
said franchise and the said Ordinance
tain such AUXILIARY fire alarm system,
or used by the said grantee, or his or its
successors in interest. In the exercise Oh
said franchise, and at fair valuation
provided that the option to make SAID
purchase shall be declared by resolution
Of the said Council passed not more
OF said period of twenty-one years.
The valuation of the property proposed
to be purchased pursuant to the pro
mined by board of three arbitrators, OF
whom one rhall be appointed by the city
one by the said grantee. or MS or us sue
two arbitrator so appointed; Said arbitra-
tors shall be appointed within thirty days
after the declaration by the city, OF us
said arbitrators fail to make and file. an
award within the time hereinafter ilmiteo'
new board of three arbitrators shall pc
determine the valuation of said property.
The board of arbitrators shall imme-
diately upon the appointment OF It's mem M
bers enter upon the. discharge OF Its
bitrators shall be filled by the party who
made the original appointment to the
vacant place. The award Of the arbitra-
tors must be made and filed with tn, the
months after their appointment, and
majority of the arbitrators 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, by
Or its successors or assignss,t .a In
upon the expiration of the afore..
said period q twenty,,one years, or, If i
have been made and filed at least two
months before the expiration of said
two months after the filing Of said award d:
title and right of possession of all of said
property shall pass to the City OF Los An
geles.
That any neglect, failure or refusal to
comply with any Of the conditions OF sad
ipso facto effect forfeiture thereof, and
thereupon declare said franchise forfeit
ed, and may exclude said grantee. or
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