Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1913-08-29
CHAPTER II
FRANCHISES

sec. IS. The word franchises, as
used in this chapter, shall be constructed
to mean any special privilege granted for
the purpose OF profit to any person. yo, CO.
on 81 under any Of the highways OF
public places Of the city Of Little Falls.
whe- Der such privilege has been, or
Of Little Falls. or by the state of Mime
sofa The term public service cor
porat;on. co-partnership or person, as
used in this chapter, shall be construed cons es
ercis;as any franchise within the city OF
Little Falls except those operating steam
See s.. The council. may, by Or
,dinanca adopted by the affirmative vote
of folr-ffths Of all it's members, grant
rights in. over. upon or under and high
way Or public place for the purpose Of
other railways. or for telephoning or
telegraphing or transmitting electricity,
for furnishing to the. city or its in
habitan1s. or any portion thereof water.
light, heat or power. or for any other
purpose, but subject always to the limita-
tiOns and conditions in this chapter pre-
Sec. 20. No, perpetual or, exclusive
shall M be excep aof BY
dinance. 1t shall be feature of every
franchise so granted that the maximum
price or the service or charge s shall be
FRANCHISE shall Be granted for longer
period ,:han twenty-hve (25> years: n,,
See - Esery ORDNANCE nc; +s granting tnIs any any
condi.iols OF the franchise and shall be
published verbatim in the official paper
of thu city. at Least. once week for
and Shall take effect thirty 800 days af-
ter it's last publication. subject to the
refere:2nsn provisions of this charter :,
Sec q. The city of Little Falls shall
hay iolt
and control the. exercise by any per.
son. a?-partnership or corporation of
has l,s:,n. or shall hereafter be. granted
by the CITY of Little Falls or by the
state q Minnesota.
Sec. 8. Every corporation, co-partner-
ship OF person exercising any franchise
in the city OF Little Falls shall fRe an
nually on the first Monday in February
in eac, year. in the office Of the city
Manager. a statement, subscribed and
sworn % by. at least two officers of
such c27oration. or by the individual in
control in case such franchise is ex-
setting forth in detail fol4 the preceding
calender year the actual cost, to said
; corpors,;ion co-partnership or persons,
corporation, co-partnership or person
the actual encumbrance, debts and
obligations thereof. if any. the amour.
the consideration therefor. the gross
earnings. the expenses and nature there
Of. and the net income, after deductins
all proper costs and expenses, the names
and residences and the amount, Of the
stock rof all stockholders of such public
service corporations: If any bonds have
been redeemed. and not cancelled. that
fact shall also be stated. This duty may
be enforced by appropriate legal pro-
ceedinss. Every such corporation or
person. who fails to comply with the
provisions, of this section. shalt also be
liable to the city Of little Falls in the
sum OF one hundred dollars (s1OooO) for
each day. of such failure. to be recovered
in a civil action in any court of COM
petent iurisdction and at the, end of
tinue.. the council may forfeit such
franchise.
Sec. "a. No public service corpora
ton shall increase the amount Of
it's capital stock or issue bonds
or increase the amount of its
bonded Indebtedness, without first
obtaining permission to do so from the
council. And in making application for
such permission such public service
verified statement stating. the purpose
is desired. and the same shall be publish
ed once, IN the official paper Of the city.