New-York tribune., 1909-06-10
PUBLIC NOTICES.

city or by any law Of the state OF New
York
Sixth-rhe rights and privileges hereby
granted shall not be assigned. either in
whole or in part or leased sublet In any
manner. either by the act Of the Company:
ITS successors or assigns, or BY operation OF
law, whether under the provisions OF the
statute relating 10 the consolidation or
merger OF corporations or otherwise. 10 any
person or corporation whatsoever. nor shall
the Company, It's successors or assigns, IN
any manner consolidate OF pool its stock,
agreement for a division of business Interest
or territory, or to prevent competition or
reduction in rates. or acquire. own or ma ke
use or or in any manner exercise contrul
over any Of the rights privileges fran
chlses or stock. OF use. own. control OF
operate any OF the property, works. plants
or appliances OF any such persons or COZ
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
Notwithstanding. and the granting. giving
CT waiVing OF any one or more Of such con
senrs shall not render unnecessary any sub
Eequent consent or consents.
Seventh-The Board may by resolution
| direct the Company to install free or charge
| messenger call boxes or fire alarm signals,
with the necessary appurtenances thereto,
In any or all of the Offices Of the City stu
ated in the portion Of Manhattan in which
the Company shall be operating such ap-
Upon written notification Of the Board to
| the Company that such resolutions have
apparatus free Of charge. and shall furnish
service at rates not 10 exceed seventy-hve
! (T5D per cent. Of the rates charged by the
| Company to any other individual or cor
poration for similar service.
Fighth-The Company shall construct
maintain and operate its messenger and
| alarm system, subject 10 the supervision
and control Of ell the authorities OF the
| CITY who have jurisdiction In such matters
! under the Charter Of the CITY. and In strict
| compliance with all laws or ordinances, now
| in force or which NAV be adopted. affecting
companies operating electrical conductors IN
Ninth-Au cables and wires ce the Com
| pany laid pursuant 70 this contract shall be
| placed in ducts, conduits or subways re
ferred 10 IN this paragraph as subwaysl
| such subways shall be leased from the
COMPANY or companies having control there
Of under the provisions Of law, or from the
| CITY should II succeed 10 the rights OF such
, company or companies IT the City snail
construct Or acquire subways for electrical
! conductors in the Borough Of Manhattan,
the Company hereby agrees 10 lay its wires
| and conductors in such subways and the
| CITY agrees - lease 20 the company such
| space as NAV be required for the operation
! OF the signal and alarm systems hereby
Tenth-The Company shall. within two
| ,.ears from the date on which this contract
| is signed by the Mayor, have in operation
a. least two thousand 12.UDo) messenger
/ call boxes. otherwise this grant shall cease
FIeyenth-The Company shnn file Win
/ the Board m The first iay ot November IN
| each year. a map. rlan or az alasIasH @ sIto alo''
rated The streets and public places IN Whlch
| are then laid and also those proposed 20 ue
/ laid during the succeeding year' tne s"'
Z ernJ confuifs and ducts necessary fpF tn-
/ cabies and wires used and to be used cy
tTe company. together with a statement
+ showing the number OF ducts IN each street
H"r .,siftb II is a condition ~ this contract
/ that the Company shall bar the entlEs *
/ peyFe OF all work undertaken by reason ''
. this grant
/ T-5,rteentn-Dr ring the term of his con
J .rart or It's renewal the Board shah have
} absolute rover to regulate al chafsvs o'
rates Of the Company Tor MS scr -. 81 Ne
/ and fsIr bur the Company shall not charge
I an any zine during the term Of this con con
; tract OF its renewal rates tor hiessTi-S'i
. service in excess q the following 49,
In any direction from district once or
/ central station, En- IN
~ ;" X citv block. ...........-..--.--. Is
. i6 20 20 City blocks .-.-----.-' a.
- to 30 city blocks. ------. -..- -.-.----
and FOR each additional 2o city blocks
NOR, than 20 city blocks, cents
Fourteenth The company sEaLi uo' @ -.
,ulrs nor receive from !ts suus'fileIS n,
fosl, nr advance payment in excess oi
what Is reasonably necessary 10 lHsul' pa.
r7ert of current bills. aid on such aIho :
So uaid the Company shaII "a. l lu'eieet -
. -. stafrlf0rv rate whenever such money -
beI4 FOR moro than one month i'ial4
bHis unless sue from rs o"n.r. Nnai' ne nytg1
bc charged Caiust proper ~. 'iii ~ ~ -
not himself In arrears shall b~ deill.4 -
Vice because lny previous "e'upan. ui ~ ,.'e
same premises - ia arrears 20 'he '''''''''-''
t-i,tesntb The wires of the COMPANY
+ .hefl be employed Tor no otheT F,.I It'SeS
than those eNpliciuf Sc tIr'h n. ~ -,
. r,.rt by consent % the Board ana '-r -i'.
. any linds Itself not 20 laF. U.S. lease or
A cr%fate wins :1r luegal purposes OF 80 ''
81, 81, ,i,ecntb-T The Company shall assume al!
.taffIftv 20 persons or property uN T'"-ou vl
the CONSTRUCTION Or operation o. me -
authorized by this c2ntIS,, "a. az 90 s5a
condition ~ this contract that ne Nv -. -
. assume no liability whatsoever - rl,hc'
persons proI erty on account o, - ,,l -
t aua ~ am damage which the civ shall
be- compelled 70 nay by reason "i a"S Us
ar defaults of 'b@ COMPANY
. ssvent..nth-ff the said Company us
,,,,,sssors or assigns. shall taiI % main
,sfr its structures IN GOOD ''udlLIvL
= ,brourhout the ful term or us oS'u pau
. of such streets the Board may Gite NIl,trn 80,
a.9ce - ne said Company specifying any
5srsvf. on the part uf said COMPANY anu
r,.s,t-t.g q, said COMPANY "a remedy the
same within q reasonable time. ana upon
the failure Of the Company 7" T-mray Sait
default within reasonable time l1- Sa-N
company snail tor each DAY theT'Hitel ~
Iur which the default or neIT'I
"a To- the CIV a sum q one hundred doi
ia~s tSiOOl as fixed or liGuidated daihases.
r ~ .at1 civ in case such structures
-. 20. Not ne surface OF the streets
shall not he pat in Gpoc c"nGluy.' MttlLi5
a reasonable time after notice by the bosl ,
aforesaid. shall have the ILsh' % ne Co|I-
needed repairs Al the expense OF me ,1ll- ON
an in which case the said tOmpahH si".
nav 10 the city the amount OF 'HV - - 80
ss,,rb rsDaIrs with legal ipterest tn'tr'h'
all OF which sums may be 9e"u''71 l'''''
the fund hereinafter provided -...f,,
n for a period Of three conseJu'l1e
mn mn -, svsteus OF the Company shall
moi be operated or II the same sha'i no.
he operated for period OF slN months ~
~ any consecutive twelve months, ,ur
Hoard may declare the right and franchise
and this contract terminated without tuT
ther proceedings In law or IN equity -,
FiChteenth-The Company shaH 81 az
times keen accurate books OF accounts ana
snail on or before November IN eacH
year make a verified report 20 me '''iip
troIIer OF the City ~ the business Io"s 'N
the company for the year Pnding SeptrW
her 20 next preceding Such report s shalI
contain a statement of the gross IreelIts
hereby authorized from all subscribers
served hy the Company, together WITH Su'H
other information and In such form anu M Ts
.au as the Comptroller may T"quift ItIe
Comptroller shall have access 10 All booNs
OF the Company for the purpose ~ sscr5
tanning the correctness ot It's report anu
may examine It's officers under oath.
Nineteenth-The Company shall Submit a
renort to the Board not later than Novem-
ber ! ~ each year. for the year ending
September 80 next preceding. which shall
state
/ The amount Of stock issued. Tor caSh
for property.
> The amount paid in as by last report.
Z The total amount Of capital stock
paid in,
= The total amount Of funded debt.
II The floating debt as by last report.
: The amount "t foating dent
< The total amount OF funded and float
ing debt: .--
est on funded debt:
10 Tho amount - dividends paid during
,be year and the rate ~ same.
IL The amount paid for damage to per
sons or property on account OF construction
and operation
IL The total income during the year.
Ing The amount from each class 81 bust
ness. a.,
Guiding salaries:
and such other Information In regard -
the business Of the Company as may be
required by the Board.
For failure TO comply with the foregoing
H. 1-op,paDv shall penalty OF