New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-11-25

chise. the said grantees, the4 hers and
i assigns shall pay to said City as con-
/ sideration thereof sum equal to hive
Z nercent 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 use 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 is
furnished to manufacturing Plants in
said CITY of like capacity. Said graz
tees or their assigns shall on or before
the fifteenth day of January OF each
wear after the installment OF such gas
mains, render TO the City of New Iberia
statement of it's said net profits for
the preceding year from the sale of gas
in said City, this after deducting pro-
portionate share of expenses and, II re-
quested by said City so to do, shall
tender and submit it's 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
or 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 proteG1n
said grantees, their heirs or assigns from
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 and
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
and save harmless the said town from
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 pIa:e.
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
bona fide representatives, heirs and as
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
ng Of their pipes and other work that
Ill pipes shall not be less than fifteen
inches under the surface of the streets
'r alleys; That the grantees will not in,
erfere with the water or sewer pipe nowj
aid, that if the streets are graded
'ipes will be lowered by the granteooz
heir expense, their heirs or assigns
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-
rance.
Sec s. 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
With the City Clerk of said City
heir written acceptance of this
rovisions thereof and in cas-. az
allure to file such acceptance within
ne speclfled time, then this ordinance
hall 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 Sea-,
ion and twenty-five years thereafter.
1t shall be and hereby it is made 4be
uty of these grantees and of 4eri
eirs and assigns whilst operating. Ma4
nder in New Iberia to refrain from dis
against any person. or COR
ortation within said town
Provided that the said grantees. ~
heir assigns, shall be deemed to hav.
omplied with the requirements Of III.
when they shall have. w;+h;,
ne said period of thirty months from
ate hereof, laid mains and made co,-
eetions along and under not less +h,r
Tenty thousand feet of the length of
aid public streets of said City to be .e-
'cted by them, and shall be prepared =
irnish gas to inhabitants along .a;a
lains, and shall thereafter extend -
lid mains as required and to the ex4er+
not more than five thousand feet ~
mum, and
Provided hnwevar <box