Arizona republican., 1912-09-29

les or all franchises and grants by the city to any person, persons or | corporation, owning or operating any public utility. The index of said rec ord shall give the name of the gran tee and thereafter the name of any assignee thereof. Said record shall | be complete history of all franchises granted by the city and shall include a comprehensive and convenient ref erence to actions, contents or pro- ceedings at law, if any, affecting the | same
 | ?. A Public Utility Record, for every person, persons or corporation | owning or operating any public util- ity under any franchise granted by
 tie city, into which shall be trans 1! cribed accurate and correct copies of
 each and every franchise granted by ! the city to said person, persons or corporations or which may be con 1 trolled or acquired by them or it, to- gether with all annual reports and in spection reports, as herein provided, and such other matters of information and public interest as the mayor may, ! from time to time, acquire All an | nual and inspection reports shall he l published once in the official news paper of the city, or printed and dis 1 tributed in pamphlet form, as the Commission may deem best. and in l case annual reports are not filed and | inspections are not made as provided. ! the mayor shall, in writing, report | to the commission the reasons there- | for, which report shall be transcribed
 in the record of the person, persons | or corporation owning or controlling
 said franchise grant, and publish | ed in the official newspaper of the
 city, or printed and distributed in
 pamphlet form, as the Commission l shall deem best.
 The provisions of this Section shall apply to all persons or corporations
 operating under any franchise now 1 in force or hereafter granted by the city.
 Section F. Suitable books shall also be provided by the mayor for
 keeping account of the various sums
 of moneys paid in by persons or cor pOrations in connection with fran chises or privileges granted by the
 city, and such books of account shall always be open for examination by
 proper city officials and by any citi-
 zen of the city.
 Section IS. No franchise shall be
 granted or privilege extended by the
 city for a period longer than twenty
 five years from the date of granting
 of such franchise or privilege, and the
 Commission shall provide in each and
 all of such franchises and grants or
 privileges, suitable compensation to
 the city for such franchise or privi-
 lege, to be figured and based on the gross or net earnings, or the value
 of the property used by such grantee
 in connection with such franchise or
 privilege as to the Commission shall seem proper, and for the best interest | of the city.
 Section 19. (a) Every grant of a franchise or right shall provide that r the city may, upon the payment there for of it's fair valuation, to be made 9 as provided in the grant purchase r and take over the property and plant r of the grantee in whole or in part
 The procedure to effect such pur- 2 chase shall be as follows: When the Commission shall, by resolution, direct r that the mayor shall ascertain wheth-
 CT any such property. or part thereof. l should be acquired by the city, or in the absence of such action of the  l scribed by ten per centum of the $ qualified tax paying electors request 2 ing that the mayor shall ascertain t whether any such property or part r thereof should be acquired by the city. 3 shall be filed with the city clerk, the
 mayor shall forthwith carefully fnves- tigate said property and report to the
 Commissions
 h ho nIa1N t,J property may be acquired.
 9 CD What if any, probable addi- } tional outlays would be necessary to r operate the same.
 f (3) Whether if acquired, it could be operated by the city at a profit or f advantage in quality or cost of ser e vice, stating wherein such profit or . advantage consists.
 r (4 Whether if acquired it could : be paid for out of it's net earnings t and if so within what time; and (5) Such other information touch r ing the same as he shall have ac- 2 quired.
 0 Such report shall be made in writ r ing. shall include a statement of facts = in relation thereto with such particu- : larity as will enable the Commission to judge of the correctness of his h findings, and immediately after sub- = mission to the Commission, shah be e filed with the city clerk, recorded ir t the Public Utility Record, and pub e lished once in the official newspaper y of the city, or printed and distributed n in pamphlet form, as the Commissiof = may direct and deem best
 If a petition subscribed by twenty II five per centum of the qualified tax e paying electors of the city, requesting e that the question whether or not tht o city shall acquire said property shal e be submitted to a vote of the people 1T shall within sixty days after the filling l. of said report be filed with the citS V clerk the Commission shall provide e by ordinance, for the submission O IS the question to a vote of the quail. h fled tax paying electors. 4 IT (b) Every grant reserving to tht if city the right to acquire the plant, a: IT well as the property, if any, of the = grantee, situated in; on, above ol
 under the public places of the city, o V elsewhere, used in connection there