Bisbee daily review., 1907-07-10

way lines within the corporate limits of the City of Bisbee shall not exceed five cents per peFSon for one contin- uous trip in one general direction, ex- cept when cars are chartered by pri- vate parties, and should it be neces- sary for passengers to change cars to continue their trip in one general di- rection the railway shall issue a trans fer ticket good for such continuous trip without an additional fare.
 SECTION 7.
 It is further provided that after the completion of said railway, sufficient cars shall run upon the same to com foTtably 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 6:00 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 s-'0 nublic shall demand.
 SECTION 8.
 It is agreed that the consideration for the rights and privileges granted by the City to the Company under this 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 (2O9o) of the net earnings of the Com 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 corDor- ate limits of the City of Bisbee. The O O Q lFsFNtr r,er- Ia11 l taken in, less the cost of operation. repairs, maintenance, insurance, an interest charge of six per cent (6%) 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%) for de- preciation based on the cost of the system under operation within the corporate limits of the City. The Con- pany agrees to replace with the fund created by the depreciation change all equipment in any way rendered in eIIlclent ither by use or by becoming obsolete.
 All personal injury or other claims arising from the operation of the rail way and paid by the Company shall De considered as operating expense.
 
 City with full and verified reports on the first day of April of the opera tion of the railway within the corpor- ate limits of the City for the year 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 (20Ts) of net earnings as before provided for, and the City shall have the right to examine boks of the Company for the preceding year covering such opera. tion.
 SECTION g.
 The Company shall cause said rail -2y tc be erected within the time hereinbefore provided; and the fail ure of said Company to complete the said road within the time herein pro yided shall also work a forfeiture oi the franchise hereby granted, pro vided, however, that in case the City shall fail to provide a right of way over the necessary portion of the Sub way, and up Tombstone Canyon a! hereinbefore specified, then the for feiture herein privided shall have nc force and effect
 | SECTION 10.
 The Company will equip all car
 with efficient and serviceable fende
 devices, head lights and sand boxes. Each double track car will be equip
 ped with two sets of brakes, one O which to be operated by hand and thu
 other to be the most approved typ
 of air brakes for the purpose. Il The cars will be well and sufficient ly heated and lighted.
 , The cars will be provided with push buttons at each seat for the purpos of notifying the conductor when pas | senger wishes to leave the car. SECTION ii.
 This franchise as a grant of a put lie utility shall take effect when au , thorized by a majority vote of tn qualified electors or said City at r special election, duly and legall l called for that purpose, and upon tn
 passage and adoption thereafter c ] this ordinane by the Common Counci ] of the said City of Bisbee. Passed and adopted by the commo Council of the City of Bisbee, tn 2d day of July, 1907.
 rl VIM. HUGHES, Il Actin Mayo l Attest: c. W. HICKS. City Clerk.