Bisbee daily review., 1907-07-11
trip without an additional fare.
 SECTION 2.


 It is further provided that after the completion of said railway, sufficient cars shall run upon the same to com | fortably accommodate all passengers or patrons so as to reach or pass any given point in each direction within | the city limits on said line at least every half hour, between the hours of 500 a. m. and 11:00 D. m. unless pre- vented by some unavoidable accident; and as many additional cars shall be run as the necessity of t-N public shall demand.
 SECTION 8.
 It is agreed that the consideration for the rights and privileges granted by the City to the Company under this 1 franchise shall be that the Company shall pay to the City on the first day of April of each year during the life of this franchise twenty per cent (20g6) of the net earnings of the Con- pany for the preceding year ending the first of January, derived from the five cent fares taken in on cars while operating on tracks within the corpor- ate limits Of the City of Bisbee. The net earnings shall consist of fares so taken in, less the cost of operation repairs. maintenance, insurance, an | interest charge of six per cent (6%o) on cost of that portion of the railway | system under operation within the | corporate limits of the City, and a charge of eight per cent(S%o) for de- preciation based on the cost of the | system under operation within the corporate limits of the City. The Com pany agrees to replace with the fund created by the depreciation change all l equipment in any way rendered in- efficient ither by use or by becoming obsolete.
 | All personal injury or other claims Iarising from the operation of the rail way and paid by the Company shall l Oe considered as operating expense. l The Company agrees to furnish the | City with full and verified reports on the first day of April of the opera tion of the railway within the corpor- preceding the first of January of the year in which such report is made and to accompany such report with payment of twenty per cent (20%o) of Inet earnings as before provided for land the City shall have the right to Iexamine boks of the Company for the preceding year covering such opera. tion.
 SECTION g.
 | The Company shall cause said rail way to be erected within the time lhereinbefore provided: and the fail. ure of said Company to complete the said road within the time herein pro yided shall also work a forfeiture of the franchise hereby granted, pro. | vii Hnd hnF Th1F f. shall fail to provide a right of way over the necessary portion of the Sub way, and up Tombstone Canyon as hereinbefore specified. then the for. feiture herein privided shall have no
 force and effect
 SECTION 10.
 The Company will equip all cars
 with efficient and serviceabIe fender devices, head lights and sand boxes.
 Each double track car will be equip
 ped with two sets of brakes. one oi
 which to be operated by hand and the
 other to be the most approved type
 of air brakes for the purpose
 The cars will be well and sufficient
 ly heated and lighted.
 The cars will be provided with push
 buttons at each seat for the purpose
 of notifying the conductor when pas senger wishes to leave the car. I SECTION ii.
 This franchise as a grant Of pub
 lie utility shall take effect when au
 thorized by a majority vote of the qualified electors Of said City at g
 special election, duly and legally
 called for that purpose, and upon the passage and adoption thereafter o
 this ordinane by the Common Counci
 of the said City of Bisbee.
 l Passed and adopted by the common r Council of the City of Bisbee, thu
 2d day of July, 1907
 VIM. HUGHES, Actin Mayor
 Attest: c. W. HICKS. City Clerk.