St. Johns review. (Saint Johns, Or.) 1904-current, 1912-08-02


property Of the City Of 81. Johns 10y
virtue hereof and payment therefor,
as aforesaid. and without the execution
of any instrument Of conveyance.
should the Railway Company, its sue.
ccssors or assigns, fail. neglect or re-.
fuse for reasonable time. after the
city IL 80 authorized 90 and before Il
shall purchase and take over said plant
and property and after notice Go that
effect from the city 10 select an nrbi.
traitor, or should said Council 40 fail 20
select an arbitrator or In ease the two
arhitrators chosen by the Council and
Railway Company, It's successors or as.
signs, neglect for reasonable time
after their appointment 10 select n
third arbitrator, then and In either Of
said eases the Governor of the State
Of oregon shall appoint arbitrators 90
fill the vacancies caused by the failure
of the Railway Company or by the
Council or hy the two arbitrntors first
chosen 90 select third arbitrator as
above provided. and the decision OF
snid three arhitrators or n majority Of
them 80 chosen hy the Railway Com.
pany, the Council or appointed by the
Governor made In writing In duplicate
aud delivered 20 the parties ns aforc.
said shall be final and binding upon
the parties.
Section q. The franchises. rights
aud privileges herein granted shall take
effect Immediately upon the valid
passage of this ordinance and fran
chise as provided by the charter Of the
City Of 81. Johns, and upon the ae,
ceptancc Of this franchise by the Rail
way Company as Is hereinafter pro,
vided In Section o hereof.
The Railway Company, It's successors
aud assigns, shall begin the construc.
tion of the pole line 90 be constructed
on Dawson Street, mentioned In See.
tion ! of this ordinance, within four
months from aud after the time this
ordinance becomes law, and shall
complete the construction thereof and
commence the operation thereof with
In one year thereafter. The estimated
total cost Of such construction work
in connection with the pole line men
toned in Section ! of this ordinance
is Twelve Hundred Dollars (si2OO.00);
the estimated yearly sums OF money
20 be expended under this franchise
aud ordinance is twenty-five Dollars
(s25.0O).
Section 7. All rights, privileges aud
franchises granted 20 OF conferred upon
the Railway Company, its successors |
or assigns, by this ordinance shall con,
tinue, exist aud remain in force until l
and including the first day of July,
1897.
Sa.tion = Pha ,o,,.ar ana rt,,h. n.
all times to reasonably regulate in the
public interest the exercise OF the
rights and privileges granted by this
shall be aud remain in the
'ouncil OF the City of st. Johns.
Section 8. The Railway Company
hall within thirty DAYS after this or
finance shall be in force as provided
~ subdivision 5 of Section n of the
present charter of the City of st.
Iohns, file in the office Of the Re
order of said City of st. Johns an un,
qualified written acceptance of the
anne, and a failure ON the part of the
railway Company 20 file such written
within said period of time
hall be deemed an abandonment and
election of all the rights, privileges
nd franchises granted by this ordi-
ance, and this ordinance shall there
pom be null and void.
Passed first reading July %, 1912.
Passed second reading July 23, 1919
'''''''''''','''.,,, go,
Mayor.
AA'Ss'' 's''''s''s. s.-......,,...
Recorder.
Published in the St, Johns Review on
lly 26 and August 2, 1914.