Weekly Arizona journal-miner., 1906-12-05
pAoE FIVE

fcre with or hinder the free use thereof by'said grantees. thcit successors and assigns, for the purposes specified in this Ordinance; and in stringing wires upon said poles for use in the main tcnance of such fire alarm system, said City shall be allowed the use of not more than any one cross arm on each of such masts or poles as il may use, the same t0 be provided at the City's cx. pcnsc. and such cross arm and wires shall be placed, strung and arranged ns directed by the grantees. their success. sors and assigns.
 See. j. That the said grantees. their successors and assigns, shall, m. der this franchise, when the plants and systems bereinbcfore specified are in complete and successful operation in addition to the grants to the City as hcrcinbcforc, furnish and deliver to the said City, only in it's Public Build ings, at all reasonable and necessary times, all reasonable and necessary heat, free of charge. Provided, how. ever. that all materials and labor neces. sary and used in SO conducting said heat into said Public Buildings shall he paid for by said City. at cost price.
 See. q. That all the rights, privil.
 
 said grantees, their successors and as | signs, may be used, utilized, enjoyed. sold, assigned or otherwise disposed of either independently of, or in ccnnec- tion with each other.
 Sec. z. Provided. That said grantees. their successors and assigns, shall pay or cause to be paid into the City Treas. ury of said City of Prescott, one-half of 4 A ceived from the operation Of each of aforesaid systems, thpt is to to say. Onc-half of one per cent of the gross l receipts received from the electric light. ing and power system; ono.half of one per cent of the gross receipts received from the heating system: ne.half of one per cent of the gross receipts re. ceivcd from the cold storage system, and one.half of one per cent of the gross receipts received from the telephone and telegraph system. To be paid into said City Treasury quarterly on tho first day of January, April, June and October of each year. Provided fur. thcr. That the Common Council of said City by some official of the said City. shall, at reasonable and convenient times, have the right to inspect the books of the grantees, their successors and assigns, in which their or its re. ccipts are recorded.
 See. s. Should the corporate limits
 of the said City of Prescott. at any time during the continuance of this franchise, he extended pr enlarged, by
 addition or otherwise. then this fran. chisc and all the rights, privileges and franchises given to said grantees, their | .nI
 tended 10 and shall include such ex. tended or additional corporate limits. Sec. Q. At any time after the cx
 piration of five years after this Ordin-
 ance goes into effect, the said City of
 Prescott shall have the option, and the said City of Prescott does hereby re. , serve the right, at its option to pur- chase either or all the systems which
 are provided for in this Ordinance, to-
 gcther with the property. improvements
 and acquired rights of the grantees. their successors and assigns, pertaining
 to said systems or either of them, at n
 fair valuation. which valuation shall he
 ascertained by three dhsintcrcsted per. sons, not residents of said City of Pres. cott, who shall act ns appraisers, at , least two of whom shall be electrical on. ginecrs, one of the said appraisers to
 be chosen by the City of Prescott and
 one by the grantees. their successors or nssig gns, and these two shall choose q :, third. When these appraisers shall be thus chosen and before they determine the said valuation, the City of Prescott
 and the grantees. their successors oI ', assigns, shall each at its or their or U tion, have the right to call nonrcs .,ien i experts not exceeding one m its or thei : behalf, to give testimony dhdcr oatI ' before the said appraisers as to th value of the property which said Cit. = of Prescott may desire to purchase; an i" the appraisers make take such othe
 measures as they shall deem proper { !. inform themselves in the prcmisc ,,, Whcrcupon, the said appraisers or m " jonty of them, by an agreement c ,s award in writing shall declare the val. ' ation of such property, and the City c x Prescott shall pay the value thus n e ceriained The City of Prescott shn . in Inch purchase perform all unfnishe contraets of the grantees, their succe - sors or assigns, for tho furnishing of n '' product or coDvcnienccs of the parti p ulnr system or systems which the Gil Y, of Prescott purchases, snd shah s VI suinc and pay nll outstanding obiigl " tons to an amount not to exceed suc !, u ascertnincd value, the lawful quitsns ,n for which shall bc received by d U grantees. their successors or assigns, part cash payment of the declare " value of the property so purchased, an tho ,remaind.r if any, shall be pal VI by the City of Prescott to the grnniee .s' their successors and assigns. m cas- 's within sixty days after being noti6s " of the award. and upon such paymen ", the grantees, their successors or a !" signs, shall transfer to said City Prescott. all their said rights and pri 's iieges In and to the particular syste 'a or systems purchased as aforesaid. TT '" said grantees, their successors or n ,s signs shall have said electric lightiu