Bisbee daily review., 1907-07-09

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- yate 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 '.
 It is further provided that after the completion of said railway. sufficient ears shall run upon the same 10 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 6:OO 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 taa public shall demand.
 SECTION 8.
 lC is agreed that the conr Iteration for the rights and privileges granted by the City 10 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 t2Ofo) 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 CG%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(SGsl for de- preciatioR based on the cost of the system under operation within the corporate limits of the City. The Con- pany agrees to replace with tie fund created by the depreciation change all equipment in any way rendered iu- efficient 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 be considered as operating expense.
 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- ate limits of the City for the wear preceding the first of January of the year in which such report is made and to accompany such report -yyitI- payment of twenty per cent (20Ga) aos net earnings as before provided fos and the City shall have the right E, < examine boks of the Company for thk preceding year covering such opera ton.
 SECTION g.
 The Company shall cause said rafzs way to be erected within the tiufzs hereinbefore provided; and the faf;@s ure of said Company to complete r3ls. said road within the time herein p:os Vided shall also work a forfeiture of the franchise hereby granted. 1sgsE vided, however, that in case the aCif& shall fail to provide a right of mnx over the necessary portion of the Sfte way, and up Tombstone Canyo1 as hereinbefore specified. then the fs<. feiture herein privided shall haT8 A;Z force and effect
 SECTION 10.
 The Company will. equip all cAf$ with efficient and Berviceabl5 fender devices, head lights and sand boxes.
 Each double track car will be edfaffs ped with two sets of brakes, one of which to be operated by hand and the ether 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.
 SECTION if.
 This franchise as a grant of 9 pub~ lie utility shall take effect when au- thorized by a majority vote of the qualified electors of said City at q special election, duly and legally called for that purpose, and upon the passage and adoption thereafter of this ordinane by the Common Council or the said City of Bisbee.
 Passed and adopted by the Common Council Of the City Of Bisbee. the I'd day of July, 1907
 WM. HUGHES,