The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-06-14

approved by three-ffths o: the electors
voting thereon.
Sec. s, In case no agreement Is
made and approved by the electors as
hereinbefore contemplated. then said
board may institute In the name OF the
city OF Detroit condemnation proceed
or any unexpired franchise OF any street
railway system OF said city.
Sec. ,. IL said board shall conclude
/ TO institute condemnation proceedings,
then such procC eoings shall be instituted
as soon as said conclusion Is reached.
and shall be prosecuted as rapidly as
prac ticable. The cost Of sand condemna-
! ton proceedings and the awards made by
the Jury shall be paid out Of the pro-
iceeds OF the bonds as herein provided.
Sec. 10. III no contract OF purchase
shaltIbe made and approved and no con-
demnation proceedings Instituted To ac-
quire street railway system for the
4 City Of Detroit AS hereinbefore con-
templated. before the expiration OF six
months from the da,e OF said last cleo
ton. then IL shall be- tho duty OF the
board TO make the necessary purchases
OF lands, machinery, engines. ties. rails.
poles, wires. conduits. cars, tools and al
other articles. apparatus. appliances, In
! struments or things necessary TO con-
struct, own and operate, and shall con-
struct. own and operate in said city a
complete system OF street railways In, on
and through such streets and 9th sr
places I'm the City OF Detroit as they shall
from time TO time elect
| Sec IL The Common Council OF the
I City OF Detroit shall issue bonds OF the
/ City OF Detroit hereinafter called gen
eral bonds'O To the amount OF one per
cent q per cent? of the assessed value
OF the property OF the city. Said bonds
shall be payable by the CITY OF Detroit
at such time or times ana al such rate
OF interest as the Commln Council may
determine. and the Beard OF Estimates
shall authorize said bonds. and the pro-
ceeds OF said bonds shall be used for the
IL. Ia. - hn
ways herein provided public street rail-
way system In the City OF Detroit
! Sec. IL. Said Common Council shall
issue further or additional t2nds OF said
] City OF Detroit Hereinafter called
Street Railway Bonds'J I'm such denom-
I nation payable at such time or times,
and bearing such rate or interest as
| they may determine, rega rdless OF said
city's bonding limit. which said last men
toned bonds shall not impose any
/ liability upon the city OF Detroit. out
shall be secured only upon the properly
and revenues OF said street railway sys-
tenn Including franchise. stating the
terms upon which in case of foreclosure
and purchase the purchaser may operale
I the same which franchise shall In no
case extend for a longer period than 20
years from the date of the sale or the
railway system and franchise on such
| foreclosure.
| Sec. l3. Said Board OF Street Rail-
way Commissioners shall prepare iran
+ chise and submit the same 10 the Com
| mon Council of the City OF Detroit, and
the said Common Council shall suDmlt
said franchise TO the electors OF sala
city, and II approved by three-hfths ot
| the electors voting thereon. sau
! franchise shall become and be valid. And
| IL three-hfths OF the voters voting On
said franchise shall not vote In favor or
approving the same, then II shall be the
| duty OF said board To prepare another
| franchise and submit that TO said COM
mon Council. and said Common Councli,
ut.l.t NOV a
electors, and said Board shall continue
to prepare and submit franchises TO SAID
Common Council. and said Common
Council shall continue to submit such
! franchises TO said electors until fran
chise is approved by three-ffths or the
electors voting thereon.
Section IL. When franchise mas
! been submitted TO and approved by the
( electors Of the City of Detroit as mere
in provided, then said Common Ioun
Gil OF said city shall issue and sell
the general bonds herein authorized,
and enough of said street railway
bonds herein authorized, TO complete
the payment OF the purchase price or
the cost of construction OF said plant
and n suitable and necessary amount
of working capital And satd Common
Council shall pay and deliver 70 salu
board the proceeds OF said bonds. ana
-out-of the proceeds said board -shall
pay the purchase price or the cost or
said construction. and use the balance
for working capital And whenever
street railway system is authorized as
herein provided, said Common Council
shall Issue and sell further ana addl-
tional amount of said street railway
bonds sufficient to pay the actual cost
OF the extension. and no more, anu
shall pay and deliver TO said board
the proceeds of said additional issue
OF street railway bonds. and out or
said proceeds said board shall pay the
cost and expense of said extensions
Section Is. Said board shall have
general supervision. management and
control of the entire public street rail-
way system of said City OF. Detroit
both In it's construction and operation,
and they shall hire. discharge and
about the construction or operation OF
said street railway system. and shall
make the necessary purchases OF ma
terial, supplies. apparatus and april
anees, fuel, electricity, electrical ma
chinery and other things required In
the operation and management OF said
plant. without further approval or
onfirmation OF their contracts by the
Common Council OF the City OF Detroit.
But they shall report their doings 10
the Common Council annually and at
such other reasonable times as the
Common Council may request
Section f6. Fhe rate Of fare on said
street railway system shall be suf-
ficient TO pay, and the said board shall
cause to be paid ta) operating ex-
penses, including paving and watering
between tracks; OBJ taxes on the phys
zeal property OF the entire street car
system, the same as though privately
owned (c) fixed charges Id a sink
ing fund of one per cent per annum
on the principal OF the bonds issued
for the purchase or construction and
extension OF said system. which fund
shall be used TO pay said principal.
Section II. Said board shall have
power to secure. erect and insert the
necessary apparatus, appliances and
connections, and TO supply and sell
| electric light. heat and power TO any
and all applicants therefor, at a rea-
sonable price. but not below cost.
Section Is. Said board shall as soon
as practicable, have in use. and shall
thereafter maintain, a plant or plants
with suitable modern economies. and
may sell. consume or distribute all
| its by-products.
Section 10. In the construction and
| operation OF said street railway sys-
! tenn, and in the performance of all
work incidental thereto, said City or
Detroit shall be liable Wrongful
7 injuries 10 persons or property to the
same extent as a private corporation
would be Said Board OF Street Rail-
way Commissioners shall Investigate
and contest, pay, settle or otherwise
! dispose OF all such claims, I'm their dis
/ cretion and may employ attorneys and
| agents for such purposes, the cost or
and all final judgments obtained on
such claims shall be paid and charged
| to operating expenses.
| Section 20. Any person who shall
| cut. break. injure or destroy any of the
property used by said Board OF Street
Railway Commissioners. or by any
corporation or party or parties con-