The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-11-28

mine and become null end void, but
nothing herein ccntsss;sz ssaaii give
the city any right to purchase the
Poftman Shoals plant or any portien
thereof nor shall anything herein con-
eained be construed TO prohibit the
company from selling power In whole
eale quantities to the inhabitants Of
aaid esty Of Anderson, provided. how
ever, that the said city OF Anderson
shall not exercise its right to pur-
chese the electrical distribution sys-
tenn OF the company unless at the
same time 1t purchase or has already
purchased Under section eight (8)
hereof the water system as therein
provided; and provided, further, that
said city shall not before purchasing
the electrical plant, as aforesaid, d.
rsctly or indirectly enter into cofnpe-
tition with the company in the sale
and distribution Of electrical energy
to the inhabitants OF said city, nor
shall IL before purchasing the dlstri-
| button system as herein provided, in
stall q system for the lighting OF it,
streets. The term wholesale" shall
be constrpSd To mesn quantities OF
100 HORSEPOWER and upwards.
Sec. IL. All the rights and privi-
leges herein. subject to each and
every limitation and ccadition herein
provided for. shall continue for per-
fod OF forty (40) years from and after
the date Of tbs acceptance by the
company OF this ordinance, unless a
part thereof shall be terminated by q
conveyance OF the water plant or the
light and water plant as herein pro-
vided.
Sec. 12. The said Southern Public
| Utilities Company shall furnish In
writing suflcient and satisfactory
evidence to the city council that all
rights and privileges heretofore grant
ed by the said city to Anderson Water.
Light and Power Company have been
legally acquired by said Southern
Public Utilities Company. and that
said city shall thereupon be released
from further obligation or liability to
eaia Anderson Water, Light and Pow
er Company, or any trust or other
company or person to whom said city
may in any manner be obligated or
liable in any manner by reason Of or
In connection with any matter or
thing assumed or incurred by said
city in connection with or growing
out Of its obligation to said Anderson
Water. Light and Power Company, be-
fore and as O condition precedent to
this becoming binding end valid
contract between. the parties hereto,
IL the, contract existing between the
said city and the said Anderson Wat
er, Light and Power Company shall
not have terminated by limitation at
the time OF the ratification OF this
agreement.
| Sec. s13. This franchise or privilege
shall be deemed and taken as q part
of, and construed in connection with,
the written agreement OF even date
entered into by the parties hereto pre-
acfibine afd regulating rateBsfo fur
I pisSsag water, lights aEd, power to
this city Of Anderson and its inhahi-
tatits by said company.
1 Sec. II. BY accepting this franchise
and the agreement 90 10 rates said
/ Southern Public Utilities Company
! shall bind Itself and its successors and
aahigns TO the faithful performance Of
Sc, dntisa nnd 0Eligati ms hareunder;
| and should said company refuse or
faii for period OF thirty days, except
lrr get Of Gad, 70 sapGee sss sarviee
khsrssns nnd Sftaken by It then its
rights and privileges hereunder shali
cease and determine,S and said city
may take chafge or ana Operate its
haid plant lor plants and pay. said
company O. reasonable rental for the
/ use thereof until 1t can purchase same
or make other arrangements for pro
yiding water, lights and power TO the
city and its Inhabitants. And said
1 an..shAsa pnhIlef Illillslee q Casnnals,
abail not sell. assign. transfer, sub
lSs or Otherwise dispose or its soil at:
or any portion thereof, or its rights
and privileges sheraunaer, O. ans
! ! DGEuon thers6f, 20 any refSJn. 1frs;
or ,cotnpsny without the written can
iHehA sof the municipal aiith0Tittes, aud
tk,rty days public advertisement shall
/ be given OF its intention 70 abpiy Tor
such written consent so 60 do, unless
| s,tch person, arm or corporation go
| pnfeliasirS & enters into o contfAct with
the city Of Anderson to be bound ~
ali the terms. stipulstious had a6T11r,
ments set forth In this contract; and
crowded fafthes that; such s person.
| Arm or corporation shall have actual
paia.in carital at the time OF the pro-
posed sale or transfer OF not less than
SAID Southern Public utilities COM
! pany now has. to-wit, $S,e0o,0 900: and
the person. firm Or corporation tr
lwhctn such safe or transfer 30 made
Ishali not. In turn, cell or transfer
same, or any part thereof. nor SUBJ
lat same. or any part thereof. except
as herein proyldsa ai 20 the first sale
or transfer thereof. y X
Sec. 15. The So1esoing ordinance
and the agreeEsnk rs TO rates. etc.
adopted ants ratifisa IN connection
with and asI a., part Of. and Of even
date with. the torsgoipE ofdinancs