New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-11-18

and sold in said City under TINS nan
chise. the said grantees, their heirs and
assigns shall pay to said City as con-
sideration thereof sum equal to i've
percent of the net profits made by said
grantees, their heirs and assigns, during
the first twelve years from date hereof,
and ten per cent during subsequent
wears, from the sale Of natural gas un-
der this franchise within the limits of
said City of New Iberia, and further
shall furnish for the for heating pur-
poses of the water works and electric
light plant of said City, gas, If so de-
sired, at the same rates as such gas as
furnished to manufacturing pt4nts in
said City of like capacity. Said grad
tees or their assigns shall on or before
the fifteenth day of January of each
year after the installment of such gas
mains render to the City of New Iberia
a statement of its said net profits for
the preceding year from the sale of gas
in said City, this after deducting a pro-
portionate share of expenses and, if re-
quested by said City so to do, shall
tender and submit its books to estab-
lish the correctness of said statement %
rendered.
Sec. 4. Be it further ordained, etc,
that no person, company, or corpora
ton shall be permitted to make any
connection with any distributing mains
OF service pipes of grantees unless duly
authorized by said grantees, their heirs
or assigns. The City shall pass such
ordinances with penal provisions and
grantee may adopt such rules and regu-
lations as may be necessary to protect
loss or damage, by imposition or fraud
and to prevent the waste of gas, pro-
vided it shall be the duty of grantee to
tap its mains free Of charge upon appli-
cation of each and every one of its Gus
stomers upon their furnishing good AMI
solvent security for the taking, using
and paying for gas at the then prevail
ing rate for a period of not less than
two$years.
Sec. 5. Be it further ordained, etc.,
that in the construction, repairing and
operating said gas system said grantees
shall use every reasonable and proper
precaution to avoid damage or injuries :
to persons or property and shall hold
damages, injury or loss or expense
caused by the negligence of said grantee
in constructing, repairing and operating
said plant or in repaving or repairing
any street, alley or other public place
Sec. E. Be it further ordained, ETC.,
that all prohibitions amendments, for
FIXTURES, and all the provisions of this
ordinance shall be binding upon said
grantees, their heirs or assigns, whether
so stated herein or not and all
grants, rights and privileges secured by
this ordinance to said grantees shall in
sure to the benefit Of their legal and
signs. The said grantees shall comply
with all rules and regulations that are
now or may be hereafter in force with
reference to the laying and safeguard
ing of their pipes and other work that
all pipes shall not be less than fifteen
inches under the surface of the streets
or alleys; That the grantees will not in
.e1fere with the water or sewer pipe now
aid, that if the streets are graded thea
7ipes will be lowered by the granteea1
heir expense, their heirs or assignl
Sec. z. Be it further ordained, ETC.,
hat said grantees, their heirs or assigns,
hall be supplying gas to said City IF
New Iberia, within thirty months from
he acceptance Of this ordinance by said
grantees. Provided, however, that any
lelay in laying pipe in, or through said
lily caused by injunction, legal pro-
eedings or any other cause beyond the
control of the grantees shall not be
counted as part of the period herein
pecified. Said grantee shall begin
york in the City within twenty-foar
months after the passage of this ordi-
lance.
Sec. 8. Be it further ordained, etc..
hat within sixty days from and after
he time this ordinance shall take effect
nd become law, the grantees shall file
nth the City Clerk of said City
heir written acceptance of this
rovisions thereof and in case Of
allure to file such acceptance within
ae specified time, then this ordinance
aall ipso facto cease and become null
nd void.
Sec. 9. Be it further ordained, ETC..
hat this ordinance shall be in full force
nd effect from and after its passage
nd subject to the conditions in Sec
on and twenty-five years thereafter.
1t shall be and hereby it is made the
oty OF these grantees and of their
e'rs and assigns whilst operating, h&e-
nder IN New Iberia to refrain from ID
against any persons o. cor
ortation within said town.
Provided that the said grantees, Or
leir assigns, shall be deemed to have
implied with the requirements of thi.
auchise when they shall have, within
lie said period Of thirty months from
,te hereof, laid mains and made con-
ections along and under not less than
venty thousand feet of the length Of
I'D public streets of said City to be Sc
cted by them, and shall be prepared 70
rnish gas to inhabitants along said
aims, and shall thereafter extend its
I'd mains as required and to the extent
not more than five thousand feet per
mum, and