The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-06

| town. In case they fan to agree. then
they shall call in a third arbitrator,
and the decision OF a majority Of the
board OF arbitration. so constituted. az
TO the valuation and price to be paid
for said property. shall be ANAL AZ to
said town and as to said. grantee.
Paragraph 8. That, In case the said
town shall desire to avail itself OF the
r,sht 81 purchase, as herein provided,
the ne,,, valuation .lo Of the property to DO
of the franchise rights.
Paragraph 4. That II the six month";
notice, as provided In paragraph
BY the town shall be liked, either BY
agreement or by arbitration. within
four months from the time such notice
Paragraph 5. That, in case a price
for the property option to purchase
which is by this ordinance given to
said town, shall be fixed in accordance
| with the provisions OF this section, and
within the time prescribed, then the
same shall be paid in cash TO the gran
tee at the termination of this fran
scribed in paragraph / of this section
| shall be and become the property OF
the said town. to be sold or leased. or.
1 operated by 1t.
Paragraph 6. That. IL the six months'
notice as provided In paragraph
shall be given and the price shall not
/ be fixed as provided by paragraph
hereof; or. y the price be properly
hxed as provided, and be not paid AZ
provided in paragraph S Of this sec
tion. fhen. and in any one. or more. or
| all OF these events. the said grantee
shall sin have ,,s, the right at the termina-
or All OF its mains. pipes. manhoies:
1 flush tanks, or other appliances and
| fixtures then In, under and along the
| roads. streets. avenues, lanes and al
/ leys of said town, which may have been
laid or constructed by virtue of this
/ ordinance.
| That for any violation of the require
n1ents of this ordinance, the said gran
| tee. upon conviction thereof for each
shall pay n fine of not less than Ave
| dollars. nor more than twenty-fi dol
lars, recoverable before the mayor or
ests of ' os and nu al
Ing to the said town under this or
dinance shall constitute lien upon
the property and franchises of the said
or obligations of the said grantee,
whether created after or before the
| creation OF any lien in favor OF any
person or corporation. upon the prop
erty and franchises of the said grantee
within said town.
Eighth Section.
That all the franchises, rights and
privileges hereby granted to the said
| grantee may. with the consent of the
council Of the said town. be exercised
by any successor or successors, as
! signee or assignees of the said gran
tee: but such successor or successors.
assignee or assignees. shall be sub
lect to al or the conditions. obiiga..
penalties prescribed in this ordinance
as applicable to the said grantee.
Ninth Section.
That the said grantee. Immediately
upon the passage of this ordinance and
its approval by the mayor, shall de-
post with the town treasurer check in
the sum of one hundred dollars (s10n)
payable to the treasurer of the town
of North Richmond, Virginia. and duly
certified by some responsible bank OF
the city of Richmond Virginia; said
check and the proceeds thereof to he
property of the said town In case the
said grantee shall fail to execute the
bond required by the tenth section
hereof.
Tenth Section.
That the said grantee, within ten
days from the passage OF this ordin-
ance and its approval by the mayer,
and before beginning operations under
the terms hereof shall execute and file
with the town clerk a bond with some
bonding company doing business in the
city of Richmond Virginia, as surety.
and in the form and To the effect APP
proved b. the town attorney. In fayer
of the town of North Richmond. Vir-
gina. in the sum of one thousand dol
lars Isl. ooe) conditioned upon the con-
xtructing and putting In operation and
maintaining the system provided for
Eleventh Section.
! That the grantee shall, within fifteen
days from the approval Of this ordin-
I ance by the mayor. file with the COM
mittee on streets and public safety, .
blueprint showing the location of tha
system whereby Il proposes to furnish
sewerage under this franchise
Twelfth Section.
/ That In the event tina, the said town
Of North Richmond shall be annexed
Rie h 9t't then the " CITY of TX Richmond
i shall succeed to all the rights and
benefits accruing to. and all the duties
and obligations assumed by, the said
town OF North Richmond under this
franchise SO far as the said town can
bind said city. And said city of Rich
mond. in such an event may have the
system and property of said grantee
prior to the expiration of said thirty
years in event sale cannot be effected
Thirteenth Section.
That this franchise shall not be con-
strued as an exclusive franchise to
the said grantee
That all ordinances or. parts OF or
dinances In conflict with this ordin-
ance are hereby repealed.
Fifteenth Section
That this ordinance shall be in force
from its passage
All bids must be In writing and each
bidder must Ale with his bid check.
payable to the order of the treasurer
OF the town of North Richmond. Vir-
ginia and duly certified by some re-
sponsible bank of the city of Richmond.
Virginia, for the sum OF one hundred
dollars $1,000, the checks of all bid
ders. save the successful one, to be
returned.
All bids must be delivered to the
presiding officer of the town council
OF the town of North Richmond. Vir--
gfnia at meeting of the said coun-
Gil to be held at the Town hall. at
the corner of North avenue and Essex
street in said town. on the 10th day
OF March. 1914, at o'clock p. NJ.
The right is reserved by the council
of the town of North Richmond to re-
tect any and all bids for the above
f. c. TOONE.
Town Clerk.
Approved as to form.
Lno. A. Cutchins