The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-06-07

nent OF the streets OF Salt Lake city is
extended, place wires underground in con-
duits on the streets so paved, and In od-
vance of sai1 pavement
Sec. H. This franchise 9hall not be
transferable or assignable, except 10 q
corporation organized under the laws oil
tho State of Utah, provided. however
that the foregoing provision OF this sec
tlon shall not apply 10 or affect a trans
Ter or assignment OF this franchise pE
way of pledge. mortgage or trust deea
provided. however, that should mort
Sagce trustee, or purchaser under loIc,
closure proceedings acquire the title ana
right to said franchise then and In that
event. said mortgage, trustee OF pur-
chaser shall within one year after Sne Sne
acquisition OF such title, convey sGld nd
franchise to a corporation organized ana
doing business under the laws or inc ola,e
Of Utah. tho intention being that salu
franchise and light and heat ana pNt'.d poWet
plant contemplated TO be constructeu
hereunder shall except during the peiioa
of one year as herein provided, be own
and operated by corporation OF 'he
Sec l2 1t is expressly understood anu
agreed that should the grantees nereln,
or II corporation TO which tnls lIahIhiSe
and all the privileges herein may oe
granted or assigned, after having con-
structed and put In operation an sleGtIic ,
lighting and power plant and dlstIlou.'i,s 8
systom. as herein contemplated, desire 70
sell or assign the Same. then In that event
this franchise and all tho privileges hoio-
in granted shnn bo non-translerraoio oio o.,
OF the city Council OF salt Lake City,
except after the soid corporation snali
havo offered to soil Its enure properly
and PRIVILEGES to Saiq city nat at otSred ndo by
my bona tde purchaser for the Same, OF
at such n prioe tho property OF saio
corporation would sell for In tne oPon Nf'on
ehould mako such proposal OF sale OF le
entirs property and privileges.
Sec. Ii Tho grantees further aSTee tn tnne
chise thoy Will deposit with tho city Ke-
corder q good and sufficient bond In the
sum OF twenty-five thousand 02b.oO ooi-
Lars. approved by the Mayor. the conai-
tions OF said bond being that II the
grantees shall fail to commence WORK
within four months after their acceptance
OF this franchise, and foil TO conunHHe e
diligence in accordance with the proVls-
ions OF this ordinance. or fail TO perform
or comply with any OF tho cenditlons Oh
obligations assumed by them In this iran
chise. then Salt Lake city shall recover
as liquidated damages from tho oohsees
and suretics in said bond, tho sum OF
twenty-five thousand (S25,opO) dollars, ano
the same shall be Immediately due and
payable, provided, however, that the salo
grantees shall have tho privilege IL tney
elect so TO do, 10 deposit with the e.,, Si.y onc
Treasurer twenty-five thousand GZ5col
dollars in cash in lieu OF said bono, 10 DC
held subject to the conditions In this Sec
ton provided.
twenty-five thousand G25,0o0 dollars be
not deposited with the city Treasurer
upon acceptance by the grantees OF TINS
franchise, then and in that event this
franchise shall become absolutely null ahd
void.
Sec. "A. Tho terms the city and said
city" whenever used in this ordinance
unless the context clearly indicates dlt'
ferent intention. arc Intended, and shei
be construed to mean tho city or SAIL
Lake. Utah" and the terms grantees
this ordinance. unless the context clearly
indicates a different intention. are In
tended. and shall be construed to mean
-. S, Manley and l.. II. Curtis, both ol
Sec. Is. The rights. privileges and
franchises granted by this ordinance arc
for period OF fifty 900 years from the
Sec 16. This ordinance shall take enec'
and be in force from and after lite pas
sage and legal publication. and the hllns
by said grantees with the City Recorder
OF said city, notice In writing OF their ac'
ceptance OF each and all the terms. pro
visions and requirements Of this ordi,
grantees shall fail to file such writer
acceptance within sixty (6W days after
the passage OF this ordinance. then this
ordinance shall be void and OF no effect
but IL said grantees shall be prevented
from accepting the terms, provisions anc
requirements OF this ordinance by in)unc'
ton or other legal process. or II the &C
ceptnnco thereof shall be delayed or post
poned In any manner by the means afore'
said said grantees may accept the terms
provisions and requirements OF this or
dnancc within sixty (60) days after tht
expiration OF the period during which sale
acceptance shall have been prevented ol
delayed as aforesaid, in which event sale
acceptance shall have the same erect as
If the same had been filed within sixty
i6Oj days after the passage OF this ordi
nance; Provided. that no legal proceedings
shall extend the time for accepting this
franchise longer than ono year from the
date of its passage and publication.
Passed by the City Council of Salt Lake
City. Utah. May 18th, 1906, and referred
TO the Mayor for his approval.
J. b. MORETON,
City Recorder.
Approved this 2nd day of May, 1896.
EZRA THOMPSON
state Of Utah. City and County of Sal
/ j. 3. Moreton. City Recorder of Sal
Lake city, Utah, Go hereby certify tina
the above and foregoing is full, true
titled An ordinance granting the righ
TO ] S. Manley and l.. Ii. Curtis bott
OF Salt Lake City, Utah, their heirs anC
assigns. TO use the streets, alleys. lane,
and other public grounds within said city
for the purpose of constructing main
taining and operating electric light, hea
and power plants within said city, anC
TO yend said light heat and power 10 saiC
vided." passed by the City Council o
Salt Lake City. Utah, May l1th 1896. anC
approved by tho Mayor May 22nd, 1876. a.
appears OF record in my office.
In witness whereof. l havo hereunto &c
my hand and affixed the corporate sea
OF said city. this 22nd day OF May. 1896.
J. B. MOkErON,
(seaD City Recorder.