St. Johns review. (Saint Johns, Or.) 1904-current, 1912-10-18
nd shall be forfeited without any fur.

ther action on the part of the city.
Section 3. The Railway Company,
its successors and assigns, shall (sub.
, iect 60 the other provisions of this
franchise, and TO the rights and privi.
leges herein granted TO the Railway
Company, its successors OF assigns)
maintain its poles and wires, in con.
tinuous good order and repair through.
out the entire term Of the franchise
granted by this ordinance, and shall
render efficient service during the en-
| tire term Of this franchise, and II said
Railway Company shall fail 60 so main.
taiu its poles and wires, or TO render
efficient service, after reasonable no
tice from the Council, the Council may
forfeit this franchise and all rights
and privileges granted Hereunder.
Section T. The Railway Company
agrees and promises for itself, it's sue.
ccssors and assigns, TO pay TO the City
of st. Johns as compensation for this
grant or franchise by said City of 81.
Johns, the following sums Of money
in time and manner az follows; One
dollar (sl00) per annum, payable on
the first day Of July Of each and every
year during the continuance OF this
franchise.
Section .. AZ the expiration OF the
time or period for which this franchise
is granted, the City Of ~. Johns at
its election and upon the payment
therefor of fair valuation thereof,
as in this section provided. may pur.
chase and take over 20 itself the prop.
orty and plant in it's entirety of the
Railway Company, its SUCCESSORS or as.
signs, which may be constructed by IL
" them under authority of this ordi.
nance, and which may be situated in,
on. above or under the streets and pub.
lie places particularly mentioned in
Section of this ordinance, and used
in connection Herewith (but not in.
cludng any railways or street railways,
or any track tracks, connection, connec.
tions, lines, systems. property or plant
Of the RAILWAY Company. It's Successors
or assigns. or any other corporation or
corporations, other than such as may
be constructed under authority Of this
ordinance), and on. In above or under
the streets and public places particu.
larly mentioned In Section ! Of this
ordinance, but In no ease shall the
value Of this franchise Of the Railway
Company, its successors or assigns, be
considered or taken into account In
fixing such valuation.
The price or valuation 60 be paid by
the city Of -. Johns for said plant
and property shall bc fixed and de.
tcrmincd by three nrbitrators. one ap.
pointed by the Council Of the city,
another appointed by the Railway Com.
pany, Ia successors or assigns. aud the
third appointed by the two NO chosen.
aud the decision In writing Of said
three arbitrntorH, or n majority Of them,
made In duplicate and signed by them,
one delivered 10 the Mayor Of the City
aud the other 10 the Railway Company,
a. Successors or assigns, shall bo final
and binding upon the parties, and said
price aud valuation shall be- paid 10 the
Railroad Company, ita successors or as
signs before the Railway Company, its
successors or assigns. shall bc deprived
~ the possession Of said plant aud
property, aud upon the payment by the
rity 20 the Railway Company, its sue
ccsSors or assigns, Of such price and
valuation 40 determined ms aforesaid,
said plant and property 30 valued, pur.
chased and paid for shall become tho
property of the city Of 81. Johns by
virtue hereof aud payment therefor,
ns aforesaid, aud without the execution
of any instrument of conveyance.
should the Railway Company, It's sue.
ressora or assigns. fail, neglect or re-
fuse for reasonable time. after the
ritv h so authorized to aud before II
shall purchase aud take over said plant
and property aud after notice 10 that
effect from the city 10 select an arbi,
traitor, or should said Council so fail 20
select nn arbitrator, or In ease the two
lrhitrntOrH chosen hy the Council aud
Railway Company, its 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
~ Oregon shall appoint arhtrators 90
till the Varancies caused hy the failure
ol the Railway Company or hy the
Council or by the two arbitrators first
chosen 20 select third arbitrator as
above provided aud the decision OF
said three arhitrators or a majority OF
them so chosen by the Railway Com,
many, the Council or appointed by the
Governor made in writing in duplicate
and delivered 90 the parties as afoTe
said shalt ho final aud binding upon
the parties
Section o. The franchises, rights
and privileges herein granted shall take
effect Immediately upon the valid
passage of this ordinance aud fran,
chise ms provided by Nc charter OF the |
city of ~. Johns, and upon the ac
ceptance OF this franchise by the Rail' |
way Company as is hereinafter pro, |
yided In Section y hereof
The Railway Company, It's successors
aud assigns, shall begin the eonstrue,
ilon OF the pole line To be constructed |
ga Dawson street, mentioned Ia See
tlon I OF this ordinance, within four
months from and after the time this
ordinance becomes law, aud shall |
the construction thereof and |
commence the operation thereof with |
ln one year thereafter The estimated |
total cost of such construction work |
Ia connection with the pole line men,
toned in Section I of this ordinance |
is Twelve Hundred Dollars (tl20O O0) |
the estimated yearly sums of money |
10 be expended under this franchise |
aud ordinance is Twenty Dollars
(S25,00).
Section 7, All rights, privileges and
franchises granted 20 or conferred upon
the Railway Company, its successors
nr assigns, by this ordinance shall con.
tinue, exist and remain in force until
aud including the first day of July,
1897.
Section 5, The power and right at
an times 10 reasonably regulate in the
public interest the exercise of the