Bisbee daily review., 1907-05-09

the city limits on said line at least every half hour, between the hours of soc a. m. and l1:0O p. m. un- less prevented by some unavoidable accident o~" as many additional cars shall be run as the necessity of the 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 franchise shall be, that the Luur- pany shall pay to the City on the first day of April of each year during the life of the franchise twenty per cent (20%) of the net earnings or uue Company for the preceding year end ing the first of January, derived from the five cent fares taken in on cars while operating on tracks within tine corporate limits of the City of Bisbee. The net earnings shall consist Of fares so taken in, less the cost of operation, repairs, maintenance, in surance. an interest charge of six per cent (6So) on cost of that DOT tion of the railway system under op- eration within the corporate limits ot the City, and a charge of eight per cent CS%o) for depreciation based on the cost of the system within the cor Porate limits of the City. The Con- pany agrees to replace with the fund created by the depreciation charge all equipment in any way rendered in- efficient either by use or by becoming obsolete.
 All personal injury or other ciaims arising from the Ioperation of the railway and paid by the Company shaA be considered as operating ex- DsRse.
 The Company agrees to furnish the City with full and verified report on the first day of April of the operation of the railway within the corporate limits of the City for the year preced- ing the first of January of the year in which such report is made and to accompany such report with payment of twenty per cent(20To) of net earn ings as before provided for, and the City shall have the right to eAaInIns books of the Company foi thc pre- cedins year covering such operation.
 section 6.
 The Company shall cause said rail way to be erected within the tine hereinbefore provided; and the failure of said Company to compete the said road within the time herein provided shall also work a forfeiture of the franchise hereby granted, Provided, however, that in case the City shall fail to provide a right of way over the necessary portion of the Subway. and up Tombstone Canyon as herein before specified then the forfeiture herein provided shall have no Iofce and effect.
 Section 10.
 The Company will equip all cars with efficient and serviceable fender devices, head lights and sand boxes.
 Each double truck car Will be eQuip- ped with two sets of brakes, one of 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 suffic:en:- ly heated and lighted. The cars will be provided with yash buttons at each seat for the purpose of notifying the conductor when pas senger wishes to leave the car.
 section ii. This franchise as 6 grant of q pu.J- lie utility shall take effect when au- thorfzed by majority vote of the qualified eleosors of said City at q \ special election, duly and legally eahed fer that purpose, and upon the and adoption thereafter Of this ordinance by the Common Com- 1 gil of the City of Bisbee.
 Passed and adopted 5y tke Common Council of the City of bisbee, the Q. day of .... 19O.
 .rs-....-
 Mayor Attest: ......-.... City clerk. First publication May 5, 1897.