The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1907-02-07

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or other property, If the said Railroad
Company shall discontinue the use
thereof for twelve consecutive months
after having made use of said street,
wharf or other property in the manner
provided in said ordinance.
Section = Work on the main line
of the Pensacola & Northeastern Rail
road Company having been COM
menced before March 1, 1906, this pro-
vision of Section 4 of the ordinance
aforesaid has been complied with.
Work on the spur tracks and wharf
tracks shall be completed from time
to time, as the necessities of business
require. The entire road shall be COM
pieted from Pensacola, Florida, to
Andalusia, Alabama, on or before Sep
TENDER 1, 1908, and a failure to COM
plete the same within said time shall
operate as forfeiture of all
the rights and grants and privileges
granted under the ordinance afore
said. If any street not now under
water, or the land on Spring Street
granted for depot or terminal pur-
poses by the said ordinance, shall not
be occupied for the purposes author.
/
cessOrs or assigns, under the privi-
leges herein conferred, before the first
day of September. 1910. all privileges
granted under said ordinance shall
cease as to any such. street or said
depot and terminal property, and said
privileges shall cease also as to any
street. wharf or other property, if the
grantee, it's successors or assigns,
hol no
twelve consecutive months after hav-
OF other property, in the manner pro-
Vided by said ordinance
Section 3. This ordinance shall
not take effect until the said Railroad
Companies shall have deposited CT
caused to be deposited, with bank or
banks satisfactory to the City Counc1I,
as depositors, the sum of Fifteen
Thousand (s15.O0O.0O) Dollars, as a
forfeit upon the conditions named in
the ordinance aforesaid and herein
after named, and if the said sum shall
not be deposited before March 1, 1907,
this ordinance shall be null and of no
effect
If the said fifteen thousand dollars
shall be deposited and the Pensacola.
alabama & Western Railroad Com
many shall not complete the sixty 900
miles required of it before the first
day of March. 1908, or if the Pensa-
cola & Northeastern Railroad Com
pany shall not complete the said road
from Pensacola, Florida to Andalusia.
Alabama. on or before September
1908, or if the Pensacola. Alabama &
Western Railroad Company shall not,
within six months from the date here
of, grade within the County of Escam-
bia, Florida, twenty miles of railroad
ready for cross-tying, or if the Pensa-
cola & Northeastern Railroad Com
panv shall not. within six months from
the date hereof, grade twenty miles of
railroad ready for croSS-tying within
the Counties of Escambia and Santa
Rosa. Florida. then the said $I5. OO0. 90
shall be forfeited to the City of Pensa-
cola and paid TO its treasurer. and e
main its property and shall not be re-
paid 10 the said Railroad Companies
or Other persons depositing the same
The said forfeiture shall be in adj
Gition to the forfeiture of the rights
granted as heTeinbefore provided
However. when and as soon as the
Pensacola. Alabama & Western Rail:
road Company shall have graded,
cross-tied and ironed. within the Coun-
~ of Escambia, Florida, twenty miles
of railroad. and the Pensacola &
Northeastern Railroad Company shall
have graded. crOss-tied and ironed
within the Counties of EScambia and
Santa Rosa Florida. twenty miles OF
railroad. then the said SIS 900. 90 shall
be returned TO the depOsitor or de
positors provided that the said S15.-
900 90 shall not have been forfeited
as above provided
Referred TO Committee.
The ordinance was, upon motion,
referred to the franchise committee
with the understanding that should
the committee be ready to report be
fore the regular meeting of the coun-
Gil next Wednesday night il shall NO
tify the mayor and request that be
cell a meeting at some date conven-
lent when the report Will be received