The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-01-29

struction ana operation Of street
railway within the limits OF tho city
or Richmond by the Richmond Passen-
ger and Power Company" be amended
'hd re-ordained 80 as to read as fol-
lows. to-wit:
s. All the rights and privileges
hereby granted to the Richmond Pas
SenSer and Power Company, with the
consent OF the City Council, may be
exercised by any successor, or sue
Hofs' aasisncc. or assignecs of said
h!chmpnd Passenger and Power Com
panE, but such successor. or successors.
assignee or assigns shall be subject to
AL the obligations. stlpulations, for
textures and penalties hcreinbefore pre-
scrihcd as applicable to tho said Rich
mond Passenger and Power Company:
provided. howcv that consent is
hereby granted to tho Virginia Railway
and I'owcr Company. successor OF the
Richmond Passenger and Power Com
pany. to sell. transfer and assign 10
the Richmond, Urbnnna and peninsu-
lar halfway Company. that portion OF
liz street railway system known as
the Seven Pines line, which extends
from Twenty-ninth and Up" Streets in
the city of Richmond, to Seven Pines,
In the county oc Herrico together
with the right to operate and main
tain the same within the present. or
any future limits of the city of Ricn-
mond, subject. so far 4: :. may l!e
within such limits. to all general or
dinanccs of the city now existing. Or
hereafter adopted. relating to and reg
hintinE street railways. and subject
also to tho terms and conditions of
Der %, 1899, and to tho following
terms and conditions so far as they
arc In conflict herewith, and amen
datory thereof:
S-a. When and as soon as the said
Virginia Railway and Power Company
md the SAID Richmond. Urbunna and
Penlnsular Railway Company shall
have entered into an agreement con-
summRtinE the transfer OF tho said
seven Pines line, and copy thereof
has been filed with the clerk OF tile
Council OF the city of Richmond ana
the said Virginia Railway and Power
Company, successor of the Richmond
Passenger and Power Company, and the
said Richmond. Urbanna and Peninsula
Railway Company. shall each have
filed In writing with tho clerk OF the
Council Of the city of Richmond an
acceptance of the provisions of this
ordinance. then the said Virginia Rail-
way and Power Company shall there
upon be forever relieved and released.
except as hereinafter provided, of and
from all the obligations, terms, conGi-
N'"iiS uiiN OF tho OTOln8nCD
OF the city Of Richmond, approved
December %. 1899. granting fran
chiso to the Richmond Passenger and
Power Company. so far as the same
applies to that portion OF the said
Seven Pine line lying beyond the
present corporate limits OF the city
of Rlch.lond
s-b. The consent hereby given to the
aforesaid sale, transfer and assign
ment Civan tbat Ala
same shall be made subject to the con-
dltion. that IL the said Richmond Ur-
Dannh and Peninsular Railway Com
pany shall fail to begin the work OF
surveying the proposed railroad from
Richmond to Urbanna within ninety
days after tho approval Of this ordi-
nance, or IL It shall :ail to begin the
work OF construction of the said rail-
road within nine months after tho
approval of this ordinance, or fail to
continue the said work to and across
the Pamunltey River to the reasonable
satisfaction OF tho City Engineer, or
II the said Richmond. Urbanna and
Peninsular Railway Company shall fall
to complete the said railroad and have
the same In operation to and across
the Chickahominy River. through the
county OF Hanover. and to and across
tho Pamunleey River within two years
after the approval OF this ordinance,
then and in either event the Council
of the city of Richmond shall have the
right to rcpenl this ordinance and in
the event Of such repeal tho said sale,
transfer and assignment hereby condi-
tionally consented to by the Council
of the city OF Richmond shall be void
and OF no effect. and the said Rich
mond. urbanna and Pcninsular Railway
Company shall thereupon surrender to
the Virginia Hallway and Power Com
pany, successor. as aforesaid, TO the
kichmond Passenger and Fower Com
pany. It's successors or assigns. and the
said Virginia Railway and Power Gem
pany, IT'S successors and assigns, shall
thereuron rcassumo and resume the
full and absolute ownership. operation
and control OF tho said Seven Pines
ilnc, subject to NIL the terms and pro-
visions OF the ordinance, approved De
cember %. 1899, granting franchise
TO the Richmond Passenger and Power
Company, and subject especially, TO tho
duties and obligations in relation TO
the rate of fare upon. and to the trnns-
Ter rights of passengers TO and from
the said Seven Pines line. as the same
exist at the time of such transfer snie
and assignment, nil OF which said
terms. provisions. duties and obliga-
TONS shall thereupon be OF the sama
force and effect and rs binding upon
VIC shiu NlTBlnll runway ana Power
Company, its successors and assigus
from and after the date OF any such
repeal OF this ordinance. as IL this
ordinance had never been adopted: pro
rlded, however, that no provisions of
this ordinance shall become effective
unless and until the said Richmond,
Urbanna and Peninsular Railway Com
pany shall. within thirty days after tho
approval hereof. file with the Auditor
OF the city or Richmond a bond pay
aole to the city of Richmond MS liqui-
dated damages in Il penalty OF fifty
thousand dollars (s5t ,0O0.Oo). with
surety approved By the City Attorney,
to be held by said Auditor. and to be
conditioned as follows to-wit:
Cd That tho said Richmond, Urban
ma and Peninsular Railway Company
shall, within ninety days after the APP
prevail OF this ordinance. flo with tho
clerk OF tho Council the agreement
between the said Richmond, Urbanaa
D. -.