The comet. (Johnson City, Tenn.) 1884-1916, 1912-07-11
Gas FRANCHISE
BILL AMENDED
Continued from page /.

work be not so done, the City shall
have the right and privilege to repair,
alter or complete said work after five
days written notice to the grantee of
: his default, and to charge the cost Of
such work to SAID grantee.
Sec. Is. BE it further ordained; That
the grantee shall be subject to ali
ordinances now in force in the city Of
Johnson City, and such reasonable
ordinances relating to public health,
! welfare and safety as may hereafter be
passed.
! Sec. IA. Be it further ordained; that
/ the grantee shall save the City harm
I less from all damages and claims for
! damages, and other liabilities, in the
construction and maintenance of its
work upon the public grounds of said
! City, and shall indemnify and save said
! City harmless from all claims of what
! soever kind or character by reason Of
+ injury to any person or property from
, any act of commission or omission herein
authorized or from any act of negligence
! of the grantee for which said City might
be held liable.
| See. Is. BE it further ordained; that
should the City elect to purchase the
plant of the grantee as provided by
Section hereof, and should the parties
be unable to agree upon price within
nineteen years and three months after
the final passage of this franchise, then
the grantor shall within nine months
thereafter give to the grantee written
notice of its intention TO purchase said
and grantee shall each appoint an
arbitrator, the two arbtra tors so selected
to select third arbitrator, in the event
of disagreement, and said arbitratorS,
or majority thereof shall fix a price to
be paid for said plant, and the grantor
shall have reasonable time thereafter
within which to provide means for
purchasing and taking over the same.
After said arbitrator have fixed Il price
upon said plant, which shall be in writ
ing. it shall be optional with the grantor
whether it purhaSe such pie ant of the
grantee; That is; the giving of the
notice by the grantor Of its intention to
purchase said plant, the selection of the
arbitrators, the report of the arbitrator
and the final action Of the grantOr upon
the report or award of the arbtrators
shall all have been done and accoEIpli-
shed within nine months next proceed
lug the expiration of the period OF
twenty years from the final passage Of
this ordinance. But, If the grantor
accept the award Of the arbitratOrs and
purchase the plant within said period,
thcn, it may have two years thereafter
in which TO make payment, with interest
from date OF purchase.
Sec. Is. Be it futher ordained; that
the grantee herein shall file with the
board Of Mayor and Aldermen IA bond
lars $50, O0O.O0), before the work of in
staliing said phlnt is begun, which bond
shall be conditioned to save the city
harmless from all damages caused by
the negligence OF the grantee, its agents
or servants, and providing that the
grantee will put the surface of all
streets, alleys and public grounds in as
good condition as they were found. said
bond to be approved by the Board of
Mayor and Aldermen and to remain in
effect until the completion of all work |
of installing said plant and for one year
thereafter. Thereafter. before making
any excavations in any public grounds |
for repairs or extensions penal bond
shall at all times be on file with the
board of Mayor and Aldermen in the
penal sum Of five thousand dollars
(S5000 ,00), conditioned as above.
Sec. IL. BE it futher ordained; that
the grantee shall furnish to the gran
tor gas for all public buildings during
the life of this franchise or any extern
sion thereof, no charge to be made, the |
grantor for gas furnished it for illumin- |
ating and educational purposes. Pro-
vided, always, that the grantee shall not |
be required to furnish to the grantor
free of charge more than ono hundred !
thousan cubic feet of gas in any one
calander month
Sec. 1s. Be it futher ordained; that
should the grantee fail to deposit the
sum of five hundred dollars (S50O.O COZ l.
thirty days from the final passage of
this ordnance, then the rights aud priVi-
egeS herein granted shall Immediately
cease and be at an end, and this
ordinance shall no longer have any force
,r effect. And should the grantee fail
% deposit said sum ofnine Thousand five
hundred dollars ($9500.00) as provided
n said section within sixty days from
aid date as therein provided then this
ordinance shall be Of no further effect,
md all rights granted herein shall at
nee cease, but said sum of five hum
red dollars shall be forfeited to the gran
ee. But nothing in this section shall
e constructed to abridge or qualify the ,
light of the grantee to credit on said I
equired deposits one-half the amount $
I cancelled checks or drafts as provid-