The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-08-18

hsrsinsfssr Sovi1s1 "
s.s ~ s e; Is sSIss1Esy =, ~
every meme ae4 .oocsey
| personal aDl yQ11e4 lo6Ic
franchise rights - ~ III
and used n eonaAottoo yH
tsriais on hsa1 s11 ~
accounts vscsivahlo ~ ~
sets, an lnvsntorys of Wb1o&
A. OF July q. 1914 ~ Mqoo
rscted aud brought - - 1G(
transfer Of pO6Oeeeioo eAayl p4
tute the invene3ry g ~ IL
to be trsnsfsrsd shall 100000
parts OF said eyqtem, wheee9t N
directly by the Detroit vnlt94
| way or nor, oucu - vne IyD9DDxj O.
and Rirhisnd Park RsifwsS:. 4
| called. also al additions q ~ r
crty and equipment up 70
| transfer Of poeseeeioe. lncIal
Harper avenue from Mt IiII9(
| tho car house on 0rott0t ovon0A $}{
| Provided whereas re 4l41
| Company does not own the lelleW
| az On Fort street West ircon
switch point at or about ~ fy9e -
inches west Of the center llno
De:rborn Avenue 70 Ksisnss stser
Charles avenue to the Leeovt1e Co.
tN on orstlot avenue fye.n
the end OF the double trAAh N
the Leesviile Car Houae. }s< 3&
Now Therefore. the RallUo1
D psoSur sn erom K. an ows ssnse
stripe full and adequate rpnn11o
rangements over said tracks ~
cars OF the city, upon reoo44
fer OF possession hersun6er. ~ e. y
tinuinG. n desired ~ the CIV
l5l The cne-fare sene nyssi3
lines within the City Of be}foI{ o.
In certain instancea. exten0n g@t10
the City on certain lines. - fe1ls
, j:r; Ssos. E.ss-'oo feet ssss g.
Mack-6sl feet beyond the point w
switch at the Losier loop, nesr HHt
drstiot-sos feet north o. ne ~ ~
track beyond the Leesvllle oarhoy111
Harper--All OF the railway. int1G1S
.ne vmm UyET W. ,,.,,. ~, i sa.s
loop at Jos. Campau avenue, A44 XII
railroad crossing. near Dsatea e11S
| woodward-.ro ana ineIuAins ~
orsna RivsrI4c the CITY lsmiss =.
Grand River ct Joy Road. "
Ad Mdiisolss wye On t ssd s. '1ss'2ascss
Fort street, West--At line w6c1oC
the electric railway tracks eroqg ~
south property line Of Fort lef66]
Way wsst n sna s sSs R 81 Sdu.. HIM
JEFFERSON, Wsst--At the middle q
the River Rouge bridge.
All other linss-Ths 2ns-fare 81
within the City limits. rs.
legally approved and the said ekAftoa
amendment ADOPTED BY IefHrenl
sisction duly held in thai bsSsj5
then within sixty days therea8Sor e
City .hall ME : bin Of co4plaaAt T.
We G.roS SSncs ,or fe 81 IS.
performances and enforcement 81 90
contract. The Circuit judges ~ ~
County OF Wayne, or such OF then ~
ting a. such court Of cSsnesry. 81
nix the price OF such pv0poyey1 ~
transferred ~ OF the day OF the ~
livery of poasession. on the e0eol
S.rsss 70 the City se s. u:
way Company of the title thereof, q
Of the date OF delivery Of poeeeeo34o
free and clear OF all claims. lteu2 ~
in provided. Either party aggrIsvS(
by the said decree may appeal to tn
Supreme Court OF Michigan. Wh60(
decree shall be final.
property shall be delivered By IL
Railway Compan to the CITY On {
specified date. to be nxed By the 49,
Circuit Court. which date shall r.
Bill Of complaint. and the hsiiwSS
Company agrees to deliver such pos
session on said date. and IL 10 Q coq<
dition to the binding force OF th1g
be delivered a. herein provided: on1
the City will take possession OF tnG
same and continue to operate it - q
street railway system and ma!nteia
~
least their present state OF efficiency
until the purchase price 10 fully Do11I
and the court shall proceed. eftt1
transfer OF possession but not oeforo.
to ascertain and AK the price q
above provided and TO nx the other
terms and conditions Of the transfet
(sJ The price fixed By the court
shall be paid in the following man-
ner. and the decree shall 20 provi1eI
namely: The City shall accept the
property subject 70, and shall pay, -
mortgages upon the property cold end
delivered. according to the terms q
such mortgages. to the extent Of such
price thus liked. and the balance 81
the mortgage debt, X any. shall ~
paid and discharged ~ Il maturse ~
assume and be personally obIigats1
for the said existing mortgagss -
the amount and only to the amount
OF two per cent OF the assessed velu-
alton OF the City OF Detroit. The
amount OF the said two per cent shall
and liked as Of the date OF delivery o1
possession. and the precise mortgage
debt thus to be assumed shall BE- de-
scribcd and Il shall constst Of the
one million dollars falling due Juno
I. 1916. being Mortgage No. : e e..
paid when due by the City,. and q
portion of the FIRST consolidated
mortgage Cor so-called general mort
gage). due January 1. 1854. which u
not given or held TO secure or replace
any OF the underlying mortgA9ee,
scribed in schedule A. All OF he
excess of the purchase price over The
said two per cent so assumed - =
personal obligation by the City ehAII