New-York tribune., 1909-06-02
PUBLIC NOTICES.

York
Sixth-The rights and privileges hereby
granted shall not be assigned. either IN
whoie or in part, leased sublet In any
manner. either by the act Of the Company.
It's successors or assigns. OF by operation OF
law, whether under the rrovisicns Of the
statute relating to the consolidation or
merger OF corporations or otherwise. 10. any
person or corporation whatsoever. nor shall
the Company. its successors or assigns, IN
any manner consolidate or pool its stock.
business OF nteTestS or enter INTO any
agreement for division OF business interest
or territory, or to prevent competition OF
reduction In rates, or acquire. own or make
use Of or in any manner exercise control
over any OF the rights. privileges. fran
chises or stock. OF use. own, control or
operate any OF the property. works. plants
or appliances OF any such persons or cor
poration without the consent Of the City.
acting by the Board, evidenced by an in
strument under seal. anything herein con
tained to the contrary thereof in any wise
notvithstanding and the granting, giving
CT waiving OF any one or more Of such con-
sents shall not render unnecessary any sub
seQuent consent or consents.
Seventh-The Board nav by resolution
direct the Company to install free OF charge
messenger call boxes or fi-e alarm signals,
with the necessary appurtenances thereto.
ated in the portion Of Manhattan in which
the Company shall be operating such ap-
paratUs.
Upon written notification Of the Board 70
the Comyany that such resolutions have
been ddoDted the Company shall install such
apparatus free Of charge, and shall furnish
service at rates not to exceed seventy-flve
(75) per cent. Of the rates charged By the
Company 10 any other individual or cor
poration for similar service
EiEhth-The Company shall construct.
maintain and operate Its messenger and
alarm system, subject 10 the supervision
and control OF all the authorities OF the
CITY who have jurisdiction in such matters
under the Charter Of the City. and in strict
compliance with all laws OF ordinances. now
in force or which may be adopted. aGecttnE
companies opersting electrical conductors IN
Tint2-Au cables and wires Of the COM
panv laid pursuant To this contract shall be
| placed IN ducts. conduits or subways re
| ferred 10 in this paragraph as suoways).
| Such subways shall be leased from the
oor7nauv or corrpanles having control there
| az under the provisions Of law, or from the
| CITY should IL succeed to the rights OF such
J company or companies. II the CITY snail
construct or acquire subways for electrical
| conductors in the Borough of Manhattan
| the Company hereby agrees TO lay It's wires
and conductors in such subways and the
| Citv agrees 70 lease to the Company such
| sUace as NAV be required for the operation
| Of the signal and alarm systems hereby
1 authorized -
J Years from the date on which this contract
! is signed by the Mayor. have in operation
at least two thousand (2pD) messenger
| call boxes. otherwise this grant ShaH cease
di-lt F,eventhITbs Company shall file with
/ the Board. on the first day OF November m
\ each year a map. plan or diagram upon
which fhaii be plainly marked and desis-
| rated the streets and public places IN IN niSLl 81
are then laid and also those proposed 90 % %
! Iafd during the succeeding year. the sev-
I srai conduits and ducts necessary for the
! cables and wires used ana 70 be used oy
| the Company. together with A s'atemen,
/ showing the number Of ducts IN eacn str7s'
/ ana wires In each duct occupied.
| -Cvslfth-It Is condition OF this CONTRACT
1 that the COMPANY shall tH1r tne elLIIs - X,
/ perre OF all work undertaken Dy reason u
/ this grant
Tbirtaentn-prring the term OF this con
/ tract or its renewal. the Board shan nave
absolute rOweT 20 regulate all charges OF
| ,.i5n1 fh5f s7Ich rates shall be reasonable
Z and fair but the Company shall not cnarg
| A. anv time during the term OF this con
tract or tts renewal. rates Tor hlesseh7sI
/ ss-,.ica IN excess cf the following;
/ In anv direction from a district ONCE or
/ central station: so "a
! II 70 Il city blocks -...--.'''.'--- o. o.
! 16 20 20 city locks..-......s'..'''.. ~
/ 90 10 80 city blocks.---.... o
! .,5 ,o- each additional 20 city blocks
/ more than so city blocks, ) cents
/ Fourteenth--The Company snaii not r. -
ouIrp nor receive from its SUBSCRIBERS any
Ss.-.stt ~ ADVANCE uavulent in excess a
/ v.hat IL reasonably necessary u insure ga. :
r7srt ~ current bills. aid on suc1 arno.4'l. :
| 40 paid the Company shall pa ihle-est a. a.
! - sto,uto-y- rate whenever such money is
/ SS.y5 F4r NOR, than one month Unpaid
| bfls unless due from It's owner, shsli neVsr
I -. LfrSseiy In arrears shall he denied saT-
/ y-f~A because any previous Occupant ct tle
| came premises IS IN arrears 20 ths company
40 or-Ifresntb-Tns wires of the Company
/ ,laiI be employed for no other purposes
l than those explicitly set forih neIs!H. =
/ -. nv consent ot the Board. and the Ion.-
I - bIrds Irsslf not to law, U.s.. lease 81
/ Srsrzta vfrrs for illegal purposes Or 70 Il
| s1~flss1t~-Tha Company snail assume 81
ia, iift,- 10 rersons or property by reason ot
4 tbS construction CT operation O. tse .
! authorized hy this contTsc!. sn1 -. -
/ assume no liability whatsoever q elfhsT
uersons or prog on account OF tns salns, :.
and the Company hereby Srers 70 I-,, -, N
I fhA C-tfv anv damage which the Cltr ELL eE.
fe -5y7 raIied - ray ny reason OF any scts
( o. 5efaults II the company
[ ssv-rtsenth-rf the said Company. its
successors or assigns shail "a la5i Co15frion
tbrouEhout the full term OF its occupahc!
~ such streets the Board may give WIlttrn 80
notice 20 the said Company speclfylns So
z 5.s.,,t+ IN the mart Of said Company. ana
rAof,irirK said Company 70 reu1ecy tas
me within a reasonable time, ana upon
desauit within a reasonable time the SAD
company shall for each day Thereafter our
ing which the default or defect reIIlalIiS i
nav to the City a sum Of one hnhGIeu @ uoL
as fslCO as hxed or liquidated damages
La49 al NS.,5 C.itv IN case such structures
which NAV AFFECT the surface ot the streets
shall not be put in good condltloA ~iltiIn ~ III
- Lesson HE time after notice by the Boarq
sfsresaid. shall have the right % MAKE al
needed repairs at the expense or me CGilL CGi1
many. in which case the SAID 1orIPsHs -, -
55',rb rArairs. with legal interest thereon,
All Of which sums may be deducted IoIh
me lHnu NJ neriod ~ three consecutive
months, the messenger. fire alarm or ourg
larry alarm systems ~ the company sc. -.
~, hA or@ratsd or II the same snail not
ba onerated for a period OF six months out
~ any consecutive twelve months. tuA
hoard may declare the right and franchise
and this contract terminated without fur-
taer proceedings in law or in equity ,,
Fightesnth-The Company shall az az
times keep accurate books OF accounts anu
shall. on or before November IN can
year make a verified report to the comp
froIIar Of the city OF the business done pY
the company FOR the year ending SepteH-
contain a statement OF the gross receipts
received from the operation or the systems
hereby authorized from all subscribers
served by the Company. together Win sJcn
otber information and in such form and de
raj as the Comptroller may require. The
Comptroller shall have access 10 al nooNs
OF the Company for the purpose OF ascer-
+afnin~ the correctness OF its report and
NAV examine its officers under oath,
Nineteenth-The Company SHAH submit
report 20 the Board not later than Novem-
bsr / of each year. for the year ending
September 30 next preceding. which shall
/ The amount OF stook issued. for cash.
for property;
. The amount paid in as BY last report;
. The total amount OF capital stock
The funded debt by last report:
3 The total amount OF funded debt
g The floating debt as BY last report
: The amount OF floating debt
8 The total amount Of funded and float
ing debt:
Q. The average rate per annu.n OF inter
est on funded debt: - ,,--
10 The amount OF dividends paid during
The year and the rate Of same;
IL The amount paid for iamase 20 Pr
sons or property on account OF constitution
and operation; - -
10 The total income during the year.
giving the amount from each class OF busi-
ness; --., 4,
Guiding salaries;
and such other information IN regard TO
tire business Of the Company as may be
required by the Board
For failure to comply with the foregoing
NAar -