Daily Arizona silver belt., 1907-06-29

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 mcnt or contract on it's part as herein specified; provided, that accidents, strikes, and railroad delays in shipment of supplies, fuel and machinery, or any other reasonable delay, shall not be deemed such failure.
 7 h.. ;:3u4is-Gischerge fire hydrants to be furnished by the Company to said City, shall be standard fire hydrants with two -and-one-ha inch hose connections; and work on the installa- ton of said hydrants shall commence as soon as practicable after the appro- val of this ordinance and the designa- tion by the City of the places for said hydrants, and such work shall be prose- cuted with due diligence until complet. ed within one year after the approval of this ordinance and after the designa. tion by the City Council of the places where said fire hydrants are to be in stalled, unless the said Company, it's successors or assigns shall be prevented therefrom by litigation, delay in the delivery or manufacture of the hy- drants, or any parts or accessories thereto, or by other cause, without the fault of said Company, which shall rem der such completion impossible within said year, in any of which events the said term of one year shall be extended for so much time, and no more, as shall be necessary to enable the said Con- pany by the use of due diligence to complete such installation.
 SECTION IT.
 1. The said GLOBE CONSOLIDAT- ED LIGHTING, WATER & POWER COMPANY, hereinafter called the Com pany, it's successors and assigns, is here by granted the right and franchise, and is hereby authorized to construct, or otherwise acquire, maintain, extend and operate, along, through, under, across and upon any and all of the streets, avenues, lanes, alleys and other public places now in the City of Globe or which may hereafter be opened, ere ated, or acquired in or by said City, or in any future suburbs or additions to said city, poles, wires, cables and conduits, either overhead or under ground, systems and attachments for the transmission and distribution of electricity and electric current, for light, heat, power, and all other pur- poses for which it is adapted, and to carry on the business or any part there of, of producing, transmitting, distrib- uting, furnishing, supplying, renting and selling electricity, electric light, heat and power; provided, however, that all poles and wires shall be so placed as to cause as little obstruction of passage and traffic as may be practicable, and tie location of such poles and wires shall be subject to such reasonable reg ulations as the said City by its Mayor and Common Council may from time to time establish by ordinance.
 2. Whenever excavations may be nee essary for the installation, extension and repair of said system or systems, the Company, its successors or assigns, shall have the same right to make the same, subject to the same restrictions anu lhc cdint ODllSdtiOuS hereinbefore granted for the installa ton, extension and repair of its water works system.
 8. The Company, its successors and assigns, in consideration of the fran chise granted by the preceding para graphs of this section, shall, by the ae. ceptance of said franchise, undertake, promise and agree to furnish to the City of Globe and to the inhabitants thereof electricity and electric current, for light and heat, at prices and charges never to exceed those herein set forth, as follows, to wit:
 (a) Said Company shall furnish to the City of Globe, free of any cost or charge to said City during the life of this franchise, all the necessary elec- tric current and lights for the proper lighting of the public buildings of said city; and upon the said city agreeing to take not less than twenty street lights of the kind hereinafter men, tioned, the said Company agrees to in- stall, at Its own expense, a street light ing system, or circuit, of sufficient ca. paclty for supplying twenty (20) or more arc lights in said city for street lighting; and said Company, it's success sors and assigns, agrees, during the con tlnuance of this franchise, to furnish electric current to said city for said twenty (20) or more arc lights (said lights to be of uniform power), never to exceed the prices and charges, as fol lows, to wit: Five (5) of said twenty (20) arc lights, free of any charge to said city; fifteen (l5) of said twenty (20) arc lights, at the rate of ten (lo) cents per kilowatt hour; and any addi. tional of said arc lights, required by said city, at the rate of eight (s) cents per kilowatt hour; or, in lieu of the foregoing rates, the said city shall have the option of choosing fiat rates, as fol. lows, to wit: Five (5) of said twenty (20) arc lights, free of any charge to said city; fifteen (15) of said twenty (20) arc lights, at the fiat rate of one hundred and twenty ($l20,00) dollars per year per light; and any additional of said arc lights, required by said city, at the flat rate of ninety (s90.00) dol lars per year per light; provided, how. ever, that the said city, immediately after the installation of said street lighting system and on or before the first day of each and every year there after, shall exercise it's said option as to the rates to be paid to said Company for supnlYinQ electric current for said