Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-11

/ together. Win all It's branches and
! connections shall be thoroughly and
! substantially constructed according to
! the best modern practice. and in such
! manner as to cause the least obstruc.
/ ton to the free use of the streets.
/ roads and places in which it may be
! laid: and the location in the streets
! shall be as directed by the Board of
/ Supervisors. 49,.
! end. The cars for carrying passen-
gers shall be of the most approved
| construction for the comfort, conve-
nience and safety of such passengers.
| and with proper lighting and signal
! ling appliances, and with proper num-
I bers. route-boardS or signs, as approx
ed by the Public Utilities Commits
sion.
3rd. The tracks shall not exceed
in width four feet. eight and one-half
inches between the rails ..~
4th. The said Company shall pay
all expenses and damages and save
the Territory and City and County
Of Honolulu harmless and indemni-
fed from all loss, cost, damage and
expense, in consequence of. or arising
from the construction and operation
of said railway. and pay for all repairs
to the streets in which the same may
be located. made necessary or advis-
able BY the construction and opera
ton Of said railway. -...... ~.
And said Company shall so provide
for its electric current and provide
such conductors thereof, and of return
currents that avoidable injury or de-
terioration shall not occur. nor be
done to the water pipes, sewer pipes,
gas pipes, or other property of the
Territory or City and County of Ho-
nolulu, or of any person or CORPORA
ton, and shall save the said Terri.
tory or City and County of Honolulu,
or any person or corporation. harm
less and Unidentified from all loss,
cost, damage and expense by reason
thereof. ....-..
5th. The style of the rail to be EN-.
ployed by the Company in construct
ing and laying down the several rail
way tracks. and the manner of laying
such rails shall be such as may be ap-
proved of by the Board of Supervisors.
provided. however, that the weight of
such rail shall not be less than Sc
lbs. per yard. ..-... . ~. -"
9Th. In laying down the said tracks
not more than one block on any one
line shall be obstructed at any one
time, and the work shall be carried
on continuously until completed.
18th. Trolley wires shall be of a
height of not less than 16 feet above
the street All guard wires, above,
and on both sides of the trolley wires,
shall be approved as the Board OF
Supervisors may deem expedient or
necessary. The size and location of
such wires, and the manner of sup.
porting them, shall be subject to the
approval of the said Board of Super.
visors. g.. H.. ~. Z. =.
Sth. The said Company, whenever
the streets are paved or macadamiz
ed, shall pave or macadamiZe the en-
tire space between it's tracks, or be.
tween the outside rails of double
tracks if more than one track be
laid, and for one foot outside of the
outer rails, and such paving or ma
cadamizing shall be flush with the
streets, and correspond with the paw.
ing or matchmaking of the remain.
ing portion of said street, and shall
be so laid that the rails shall be
flush with the streets. And the said
Company shall keep its tracks, and
their portions of all the streets, in
good repair, such repair when made
to be approved by the Board of Sup.
ervisors. Repairs, when ordered by
said Board of Supervisors, shall be
made by the said Company within
ten days of the date of said order"
Section 5. Section II of said Act
is hereby amended to read as fol-
lows: IL. ...s~. T. i.
Section II. The following charges
shall be lawful upon the income of
said railway: .~.~-.. ......-.
1st. Two and one-half per cent of
the gross revenue of said corporation,
other than revenue from the sinking
and replacement funds and from the
Aquarium, shall be paid into the Treas
ury of the City and County of Homo
lulu. The first payment of such two
and one,half per cent of such revenue
for the entire year 1916 shall be paid
thereafter shall be paid in semi-annu-
ally in the months of July and Jan
uary, for the preceding six months.
Such rate of two and one-half per cent
may be readjusted by the Legislature
of the Territory of Hawaii, with the
approval of Congress, after the expi-
ration of ten years from the LIST day
of January, 1917, and thereafter at
each successive period of ten years.
End. The expense OF operating, re-
pairs, renewals, interest and every
other cost and charge properly or
necessarily corrected with the main
tenance and operation of said railway.
3rd. Non-cumulatiye dividends may
be paid to the stockholders at the rate
of eight per cent per annum on the par
value of the stock issued ...
4th. A sinking fund may be created
for the redemption of any bond or
bonds which may be issued or other
record debt. Provided, however, that
the amount placed to the credit of
such sinking fund annually shall not
exceed in amount such a sum with
ipfarasf committed Of foIr nor cont