New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-12-02

! SlderatlOu Thereon sum equai " ave
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 I'M
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 such gas IS
furnished to manufacturing Plants in
said City of like capacity Said gran
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
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. a. 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 -LsGnl
lations as may be necessary to protect
said grantees, their heirs or assigns from
l.. b1, i+inn
and to prevent the waste OF gas, pro-
vided it shall be the duty of grantee to
tap its mains free of charge upon appii-
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
precauton 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
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 I'm
terfere with the water or sewer pino ow
laid, that if the streets are. gral Aer :
pipes will be lowered by the grantees at
their expense, their heirs or assigns.
Sec. z. Be it further ordained, etc.,
that said grantees, their heirs or assigns,
shall be supplying gas to said City If
New Iberia, within thirty months from
The acceptance Of this ordinance by said
grantees. Provided, however, that any
delay in laying pipe in, or through said !
City caused by injunction, legal pro-
:eedings or any other cause beyond the
control of the grantees shall not be
as part of the period herein
specified. Sail grantee shall begin
work in the City within twenty-foar
months after the passage of this ordi-
nance.
Sec. 8. Be it further ordained, ETC..
that within sixty days from and after
The time this ordinance shall take effect
Ind become law, the grantees shall file
With the City Clerk of said City
heir written acceptance of th;.
provisions thereof and in cas-. az
failure to file such acceptance within
ne specified time, then this ordinance
Ind void. -'. Z
Sec. 9. Be it further ordained. etc.
nat this ordinance shall be in full force
ND effect from and after its passaae. =
IND subject to the conditions in 81
ION and twenty-five years therea IA q.
1t shall be and hereby it is nSde -.
, 'o;!. OF Of these grantees and of : =
leirs and assigns whilst operating. -
'nder IN New Iberia to refrain from d;.-
against any persons or cor.
'ortation within said town.
Provided that the said grantee. -
heir assigns, shall be deemed to b.s.
omplied with the requirement.. of ~
ranchise when they shall have. ~;.h:-
he said period of thirty month. . f-aaa
ate hereof, laid mains and made ca-
lections along and under not le.s a.
wenty thousand feet of the len..h =
aid public streets of said City to {. 80
ected by them, and shall be pren.-sa
urnish gas to inhabitants along ..;s
MAINS and shall thereaftet extend :.
aio mans as required and to III. .~..-.
not more than five thousand e.. -.
mum, and e' PSI
Provided however, that the rr.n4...
this franchise or their heir. =
igns' shall be not be required +h.-.