Bisbee daily review., 1907-06-09

ell, the bed of the road, and the tracks thereof shall be made to con- form herewith.
 Section 4
 That the City ot Bisbee reserves the right to grade, sewer, pave, mac adamize or otherwise improve, alter or repair the said road and streets: such work to be done so as to inter- fere as little as possible with the op- eration and maintenance of said rail way and its appurtenances.
 Section 5.
 That the franchise shall include the right to erect and maintain all trolley poles, feeder poles, trolley feeders and all other wires for purposes sole ly connected with the operarron of said street railway, such as power, light, heat and telephonic or other signals. Said franchise shall grant the railway company the right to cen meet such transmission and feeder system with that of any other system of electric power distribution for the purpose of obtaining power for the operation of said railway.
 Section 6.
 The fare to be charged or the rail way lines within the corporate limits of the City of Bisbee shall not exceed five cents per person for one contin- uous trip in one general direction, ex- cept when cars are chartered by pri- vate parties, and should 1t be neces- sary for passengers to change cars to continue their trip in JLe general direction the railway shall issue a transfer ticket good for such contin- [ A,-g- section ,.
 It D further provided that after the completion of said railway, sufficient cars shall run Gpon the same to com | fortably accommodate all passengers l or patrons so as to reach or pass any giveL point in each direction within the city limits on said line at least every half hour, between the hours of 6:OO a. m. and 11:00 p. m. un. less prevented by some unavoidable 1 accident. ~-' as many additional i 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 Golu- ! pany shall pay to the City on the first day of April of each year during the life of the franchise twenty per cent I (20So) of the net earnings oI the 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 the | corporate limits of the City of Bisbee. The net earnings shall consist of I fares so taken in, less the cost of operation, repairs, maintenance, in surance, an interest charge of six per cent (69o) on cost of that DOT ton of the railway system under op eratioa within the corporate limits of the City, and charge of eight per cent (ST5) for depreciation based on the cost of the system within the COT porate limits of the City. The Com pany agrees to replace with the fGnc
 created by the depreciation charge all
 equipment in any way rendered in
 efficient either by use or by becominf
 obsolete.
 All personal injury or other cIaim:
 arising from the operation of the
 railway and yaid by the Companl
 shall be considered as operating ex
 pense.
 The Company agrees to furnish thu City with Tull and verified report or
 the first day of April of the operation . of the railway within the cUTPorat' limits of the City for the year preced ing the first of January Of the yea In which such report is made and t accompany such repo-- with paymen of twenty per cent (20e5) of net carr ings as before provided for, and tn City shall have the right to examin books of the Company for the prc ? ceding year covering such operation . Section g.
 The Company shall cause said raj way to be erected within the tim hereinbefore provided: and the failur of said Company to compete the sal Z, road within the time herein provide II shall also work a forfeiture of th T franchise hereby granted, Provide,
 however. that in case the City sha
 fail to provide a right of way ovt Il the necessary portion of the Subwa n and up Tombstone Canyon as herei ,f before specified then the forfeitul Q herein provided shall have no loI, IS and effect.
 Id section 10.
 1t The Company win equip all ca II with efficient and serviceable fend ,f devices, head lights and sand boxes. n-l Each double truck car win be eoui