The Detroit times., 1911-10-23

provision for the acquisition OF the
railway system by the city. When
the city Is ready 20 do business, the
nrst step, under the proposed fran
chise, will be To serve notice on the
/ company, The valuation is TO be de-
7 term1hed by 1--WE arbitrators. two TO
be named by the mayor with the ap-
! proval OF the council: two by the
company, and the fifth by the other
| four II the four fail 10 make Sc
lection within 30 days, II Is 10 be
made by the Wayne circuit court.
When the valuation Is determined,
the people are 10 vote on il, and IL
they approve, the price is to be ten
| dered the company. II the company
: is unable 10 give clear title az once.
the money is 10 be turned over 10
trustee and the company surrenders
the lines TO the city. the municipality
10 receive all the earnings from that
time. Failure of the company to give
a clear title in one year. gives the city
the right to cancel the ordinance
The city, in the event OF a purchase,
agrees to let the company run its SUI
burban cars over the city tracks, the
city 10 collect the fares and turn back
10 the company two and one-half cents
per car mile for the rent of the cars.
The city fare on suburban cars will
be five cents, with no tickets. The
city is TO charge the company 10 cents
per car mile for the privilege OF run
ming express cars through the streets
In fixing a valuation for the prop
erty, the company's investments In
the way of paving between the tracks
! are 10 be put in at the present value.
All the paving is 10 be appraised next
year, and the value arrived at then
will stand. without interest.
The ordinance will provide for the
expiration OF all existing franchises
on Dec. 4. 1924. 1t will so into effect
within 80 days after it's approval by
the people.
All License Fees Abolished.
The tax clause OF the Detroit rail-
way ordinance is to remain intact,
with the addition that no tax Is TO
be laid upon any investments in paw
, ing and foundations and no license
fee and express car fee, interurban
! car fee or rental car fee, nor any
other tax than the ad valorem tax
specified in the Detroit Railway ordi-
nance laid by the city. is to be levied.
The company agrees TO separate its
grades on demand Of the common
council, in accordance with the plan
now existing between the city and
the steam railroads for the separation
/ of grades, and TO pay It's proportion
OF gradeseparation expenses in ac-
cordancc with that general plan.
In the event OF purchase, no value
is TO be placed upon the grant. The
value OF all existing franchises at the
time OF purchase shall be computed
to the date of their expiration, but in
no event after Dec. 4. 1924. All future
grade separation work and founda-
tions, which are to be laid at the ex-
pense of the company, are to be sold
TO the city, in the event of purchase.
at cost, plus ten per cent for the use
of tools and equipment.
Mayor Reviews Case.
Mayor Thompson, in his communi-
cation 10 the council, which is already
prepared, reviews briefly the history
OF the negotiations and gives an out
line OF tfrc agreement -sttbstaAtfa fffy- asi
stated elsewhere. He suggests that,
as soon as Mr.. Hally has put the or
dinance in legal form the council give
1t prompt consideration to the end
that IL may be submitted TO the peo
pie ut an early date. He Peints Cut
that If the proposition is submitted
! in a special election called solely fol
| that purpose, the entire expense ol
! the election will fall on the company
under the law.
"rhis communication is not TO be
considered az final or binding on my
part" SAYS the letter. Until the
proper ordinance is, framed by Mr..
Hally TO express the agreement. and
Is accepted by the company, the
agreement Is tentative only"
II appears from the communication
that. as the settlement plan began TO
take definite form, the mayor called
into conference President Milton A.
McRae and several members of the
Board OF Commerce. the executive
committee of the Detroit Federation
of Labor, prominent municipal owner
ship advocates and various members
of the common council, SO the plan