The daily sentinel., 1906-11-01

easioned in doing such work shall
be rehlled 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 unsklllfulness 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
he first had and obtained. And said
company shall at all times. act of
God. accident. and unavoidable cas-
ualty excepted, he prepared to furn-
ish to said city and its inhabitants
good standard quality of electric
light for Illuminating purposes for
compensation not to exceed the rate
of twelve and one-half cents C2h
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 |
have the right and power to pur-
,hase or condemn the works of said |
company heretofore and hereafter to
De acquired at the cash value there
IF. and at price excluding the value
Of the franchise or right of way
through the streets of the city and al
so excluding any value by virtue of
any contract entered into with the
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
eriods of ten and fifteen years after
he granting of this franchise there
for, and provided further that in
consideration of the said company
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
panv in furnishing, and not to be
interested in any manner in the furn-
.shing of. electrical energy in any
part of the city or the additions there
10, except for municipal purposes, un-
less the city shall, first acquire the
property of said company by pur
chase or condemnation as aforesaid n
Section 6. Nothing contained in
his ordinance shall in any way affect
the contract now existing between
he city of Grand Junction and the
said The Grand Junction Electric and
ias company, expiring November /.
1910, concerning electric light rent
lls for street lighting purposes.
Section Z. The said company. It's
successors and assigns. agree to pay
o said city for the rights and priyil-
sees herein granted by this ordin-
'noe a sum equal to three (3) per
'ent OF the gross receipts from the
'alc OF electricity curing the life Of
his franchise, said sum to be paid To
said city at the end of every 80 days
rom the date of the passage and ap-
)roval of this ordinance. And said
ompany shall keep true and accurate
looks of account and at all times the
'ame shall be open to inspection dur
ng business hours by an agent of said
'ity uuly appointed for such purpose
~ the city council.
Section S. This ordinance shall
AXE effect and be in force from and
ifter its passage and approval, pro-
1ided The Grand Junction Electric
md Gas company shall within thirty
lays after such approval file with the
.ity clerk of the city of Grand June
ion its written acceptance of this or
finance and agree to perform and
bide by all the conditions. terms and
PROVISIONS hereinabove mentioned.
Passed and adopted this day
# November, A. D., 1906.
Mayor.
Clerk.
r;rs. puh nct On 1ooc