The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1907-12-05

Ci.y of Chial ha shay ha7a iha
p pur said
IA
bis suecs s rig
signs, The entire plant Of tie said
Scott Jones, his successors and as
signs, within the incorporated limits
Of the said city Of Chiekasha. includ-
ing an its tracks, trolleys ana cars,
used within the incorporated limits
Of the said city Of Chickasha; provid-
ed however, that if the said city Of
Chickasha shall desire to purchase
said plant as aforesaid, it shall cause
written notices to be served on said
Scott Jones, his successors and as
signs, at least three months before
the expiration of said fifty (50) years
Of its intention to SO purchase. Dur
ing the three g. months preceding the
expiration Of the said fifty (50l years,
the said Scott Jones, his successors
and assigns,9la and the said city Of
Chickasha, shall agree upon the valu-
alton and terms Of making such pur-
chase, and, if the value of said rail-
way property cannot be agreed upon,
either party may demand an arbitra-
ton Of such values. Eachparty shall
select one arbitrator and the two Sc
lected shall select an umpire and af-
ter giving both parties an opportunity
to be heard shall make an award
which shall be final and binding on
both parties and shall be a rule Of
any court Of general jurisdiction
authorized to take cognizance OF the
subject to enforce it as such. The ar
bitrators shall be wholly impartial
and disinterested, shall be practical
ly conversant with the special sub
ject and shall before proceeding with
their duties, take an oath to fairly
and impartially appraise such prop
erty, and in appraising such property,
the cost of same in connection with
its physical condition shall be consid-
cred in arriving at the true value Of
such property.
And in the event that such system
shall embrace lines outside Of the
city limits or extending from the city
Of Chickasha to other towns, no pur-
chase of said plant shall deprive the
said Scott Jones, his successors and
assigns, Of access to the interior Of
the city Of Chickasha for convenient
delivery Of passengers, express par
cells, freight or United States mail.
And if the generation for power for
the traffic inside and outside the city
of Chickasha is from one common
plant and the parties are unable to
agree upon the division of property Of
generating machinery, the said arbi
traitors herein mentioned shall be
authorized to make such rules with
reference thereto which may be equit-
able and said arbitrators, in case Of
disagreement, shall have the right to
determine the route to be used by the
said Sco4TJones, his lspgcesBors and
siens, ialihgfekx aha egress Of the
city of Chickaha, with its suburban
traffic, the ipagtiqglar otracks they
shall use and the rental to be paid
dor the use Of said trA0ds, overhead
work, and power to pc furnished by
or to said City of Chickasha, and to
finally settle, determine dygadjust any
and all matters resulting from sepa.
ration Of that part ofSthe system Of
lines proposed to be built by the said
Scott. Jones, his successors and asl
signs lying l,fitlhn TIE limits of the
baia ciayefghickasgai5 fiOm any par
lofisaD systsnp as may be lying ,aia
out the limits Of said City df Chick.
asha. solf
q sectiq0{a eEamA kad scott II Jones.
sucqes nH Rkns, aTe hereby
granted The exclusive Fight % the use
Of all Of that part OF the streets, ay-
enues, alleys and highways within se
city Of ehickashao upon which hs
grantee, his successors and assigns,
shall construct operate and mainl ain
lines Of street railway Tor a period
Of fifty(50) years. provided, howeye
the city Of chickasha reserves ka
fun right ana power At any time dur
ing the life of the grant herein made
pprstion or individual engaged IN op.
poratoin or individual engaged in op
Grating an intArt4tbauF railwov Il