The Birmingham age-herald., 1913-07-26
CITY ORDINANCES


No. 170-C, An Ordinance to Amend Sec
tions =, 3 and 13 of An Ordinance No
I4O-C, Entitled "An Ordinance Grant
Ing George c. Kelley and Associates,
Their Successors and Assigns. the
Right to Construct, Equip, Maintain
and Operate An Electric hallway In
the City of birmingham" Approved
February O, 1913.
Be it ORDAINED by the Board of
Commissioners of the City OF Birming-
ham.
That Sections. 2, and 1S of that GER
tain Ordinance. No. 140-C. entitled An
Ordinance granting George c. Kelley
Assigns. the right to construct, equip
maintain and operate an electric rail-
way in the City of Birmingham" and
February, 1913, be, and the same is
hereby, amended so that Sections 2. 3
and 13 thereof, respectively, shall read
SECTION 2: The said Grentees, or
their Successors or Assigns. shall on
or before the 10Th day Of May, 1913.
the construction of said street railway
to the Board of Commissioners of said
City of Birmingham for its. approval,
alteration or amendment which plans
and specifica tions shall accord with
approved methods of construction of
such lines under like conditions And
1913, the active work of construction
of said street railway shall be begun,
and continued to completion, as here
SECTION 8: The city Of BIrming
ham, as Grantor hereins hereby acs ],
to the City of Birmingham upon the
adoption of this ordinance, and the
Grantees herein, or their Successors or
day of May. 1913. submit plans and
specifications for their railways to be
constructed hereunder to the said City
OF, Birmingham, as provided in Section
2 hereof, and when the same shall have
been accepted and approved by said
City, the said Grantees, their Successors
day of October, 1913, and as further
consideration for this franchise. pay
into the Treasury of the City Of Bir-
Thousand (s9.000.OO) Dollars cash,
which together with the One Thousand
0iooo1 Dollars al, ,aIready deposited n;si by
Birmingham, shall make Ten Thousand
H10.00O. O0) Dollars cash, and give to the
said City Of Birmingham eight promis-
Thousand ($6,000.00) Dollars, each with
interest from their date respectively
to-wit; the date of the making of the
City of Birmingham at the rate of six
CO per cent? per centum per annum.
payable semi annually which said
each year for eight consecutive years
that Is, one shall mature one year after
date; one, two years after date; one,
after date; one, five years after date;
one, six years after date; one, seven
years after date; and the last one eight
years after date. the payment OF each
of which said notes shall be secured In
"A manner satisfactory to the said City
of Birmingham.
AS a further consideration for the
rights and privileges hereby granted
said Grantees, or their Successors OF
Assigns, shall pay to the City of Bir-
mingham sum equal to a percentage
of the annual gross earnings OF the
street railway, or railways, constructed
or operated under the rights or. privi-
For the years 1921 to 1925 inclusive
three g per cent? per cent; for the
years 1927 to 1882 Inclusive four a per
cent? per cent; for the remainder OF
the life of the franchise. 5 8 per cent?
per cent; said payments shall be made
during. Januarys4of each year following
earnings were received
Grantees shall also widen, at their
expense, such portion of Cleveland
street as Is embraced in this franchise
under the direction of the City
Engineer. to q width of sixty t6O) feet
SECTION 10: The said Grantees, OF
on or before the. LIST. day of October
1919, enter into bond with good and
Fifty fTfeTf Thousand d qs5o. 100000 Dollars 5,
that they will complete the work OF
construction of said lines in a work
the roadway along the entire length
thereof, to the condition 1t was in be.
fore being disturbed by them, the said
Grantees, or their Successors or AS
signs; and the City of Birmingham
shall be judge OF said condition. And