Gunnison news-champion., 1906-05-04
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Thssr sscsss,ss sad si1kas tssus 49,
k~sG Somewhat N dssp~as pl
osdsa.sa< 80 pa~scd Esc I, ~, Y
p G. ksbles. N.y~ IT, psu1I
soa ks Ga~ works wae ns<,1sGs1 -
asneassed ~ slsa~ cssceslcal -
Assch 2nd. lss,3. ~sses J D ~I
lu~ wss sAsyor:
tie u asda,aed by the tkAsA q -
sess of the Tosn II Gasa,sau:
SECTION l. In eosasdDsuAia ~
the t,eaehts shas ~sil se~ss - 80
Town Vi Gsnpssoa ssd sss suAar |
tant. frosa tAe esectiau saA apueu0mDj !
1t Gs~ aud water works. sAass ~
hescby granted unto besja..is y.
i.ewIs, sssawel G. tsIIl and CasuGD
r. Gray. their associates. succsnnEGD
and s.sssns. the privilege 81 49,
lIshsne. maintaining ssd opessAiaO
gae and water works, and The -
struetion If stand pipes. vsstsvsioA
gas holders, necessary saa ~ 1icisgo
in size, and also the lAv,ns II na,nA
conda,,s and pipes, and the E'lscia0
Of hre hydrsnts and lamp posts -
and along the streets, avenues, slIsyo |
- l. r. -
Gennlson, az the same no~ ex,sas -
NAV hereafter he extended, fuT sup-
plying gas or water suitable toS - |
me-,ie and other purposes. for -
term Of twenty five years FROM 80
after the completion Of the works
The said Town of Guauisoa shsN |
and will abstain, for the period a |
twenty FIVE years from and after tke
passage OF this ordinance, from gvsa4-
ing 10 any person or persons, co0-
pany or corporation, other than IT,
said grantees. benjamin W Lewis,
Samuel O. Gil and Carroll r. Gray,
their heirs, associates and assigns.
the right or privilege TO constrsGt |
gas or water works or both, or otIer-
ate the same IN the said town OF |
Gunnison, or to lay gas or water |
pipes IN any Of the streets, alleya,
public grounds or sidewalks, ~ q |
furnish water or gas to said town, ~ |
IT'S inhabitants, or any portion thees-
of, and said town will likewise ~
stain from doing ~ ON its ow4
account
Sec l3. The town shall have
the option and privilege at any time
after the expiration of ten (lO) years |
from the passage of this ordinance,
or at the expiration of five - years |
thereafter, upon giving twelve
months prior notice 10 the sand gas
and water company to purchase said !
works, and all property connected |
Herewith and necessary for effective
operation of the same, at a fair valu- |
alton, to be ascertained as follows,
to-wil. In the event of said town
and said gas and water company
falling TO agree on the price, three /
disinterested persons of good intelli- I
gence, not residents Of the county Of
Gunnison, shall be chosen and /
sworn to determine the value, one to /,
be appointed by said town, one bv
said gas and water company, and
the other by the two arbitrators so
appointed. The three appraisers
shall then proceed to determine the
value OF said works, and in so doing, |
in addition to the cost OF said works, |
the productive value Of said works
shall be taken into consideration; 1
and in the event Of there being no |
existing public fire hydrant com
tract or street-lighting contract with
said town at such a date Of appraise-
ments, the last existing contracts /
shall be included in the estimated !
productive valne. When said APP
praisers or a majority Of them have
made their award in writing, said
town shall pay said gas and water
com pany in cash that sum so ascer-
tanned. together with ten (l0) per
cent, thereon, within three months
from the date of such award. and
failure on the part Of the town
to pay the sum so ascertained, with
ten 40 per cent thereon, within the
time aforesaid, shall be taken and
deemed to be a waiver on the part
Of the town of its right to purchase,
and all costs Of appraisement shall
be paid by the town.
The town shall, in such purchase,
assume and perform all unfinished
contracts for furnishing gas or water
made by said gas and water com
pany, and as part of the purchase