The daily sentinel., 1906-11-05

casioned in doing such work shall
/ be refilled and settled with water
graded and repaired by the company
| its successors and assigns. at its own
cost and expense in a good, substan-
tial and workmanlike manner as soon
as practicable. And the said com
pany. its successors and assigns, shall
be exclusively responsible for all
damages to person and property that
may occur by reasons of any negli-
gence or unskillfulness in the carry
ing on of such work. in subsequent
repairs and changes thereof. and shall
hold the said city of Grand Junction
safe and harmless from any and all
loss and damage by reason thereof
Section 4. No lamps or wires shall
be placed or strung by said company
at height of less than eighteen feet
above the streets. unless express per
mission of the said city council shall
be first had and obtained. And said
company shall at all times. act of
God accident. and unavoidable cas-
ualty excepted, be prepared to furn-
ish to said city and its inhabitants
L good standard quality of electric
light for Illuminating purposes for
compensation not to exceed the rate
Of twelve and one-half cents (l2h
centS) per kilOWatt hOur.
Section 5. The rights, privileges
and franchises hereby granted are
granted upon the express condition
hat said city of Grand Junction shall
nave the right and power to pur-
shase or condemn the works of said
company heretofore and hereafter to
De acquired at the cash value there
IF. and at a price excluding the value
If the franchise or right of way
through the streets of the city and al
so excluding any value by virtue of
my contract entered into with the
municipality in excess of the actual
value of the works, providing that
nothing herein shall authorize the
condemnation of such works within
twenty years after their original
erection or construction, except at
reriods of ten and fifteen years after
he granting of this franchise there
for. and provided further that in
consideration of the said company
Undertaking to extend its transmits
sion lines and to supply said city
with electric light, the said city binds
Itself not to compete with said com
Danv in furnishing, and not to be
interested in any manner in the furn-
ishing of, electrical energy in any
part of the city or the additions there
to, except for municipal purposes, un-
less the city shall, first acquire the
property of said company by pur-
chase or condemnation as aforesaid.
Section G. Nothing contained in
this ordinance shall in any way affect
the contract now existing between
the city of Grand junction and the
said The Grand Junction Electric and
Gas company. expiring November l,
1 e N q nlnpfrfn r
ais for street lighting purposes.
section Z. The said company, its
successors and assigns, agree to pay
TO said city for the rights and privil-
aGes herein granted by this ordin-
anCe q sum equal to three (3) per
cent OF the gross receipts from the
sale OF electricity curing the life of
this franchise, said sum to be paid 10
said city at the end of every 80 days
from the date of the passage and ap-
proval of this ordinance. And said
company shall keep true and accurate
nooks of account and at all times the
same shall be open to inspection dur
ing business hours by an agent of said
city ouly appointed for such purpose
ny the city council.
Section s. This ordinance shall
take effect and be in force from and
after its passage and approval, pro-
vided The Grand Junction Electric
and Gas company shall within thirty
days after such approval file with the
city clerk of the city of Grand June
tion its written acceptance of this or
dinance and agree to perform and |
abide by all the conditions. terms and |
provisions hereinabove mentioned.
Passed and adopted this day |
of November. A. D., 1906.
Mayor. |
Clerk.
First Pub. Oct. 80, 1906.