Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1919-06-26

leges and franchise herein granted
shall be forfeited, and this ordinance
annulled at the option of the Mayor
and Town Council.
Section 5. This franchise is grant
ed for period of twenty years and
is SO granted and said franchise is
accepted upon the express condition
and understanding that the Mayor +,
and Council Of the Town of Modale
shall have the option of securing a
lrevision of the lighting rate schedule
as set out in Section of this fran
chise at the end of the second, fifth,
tenth and fifteenth year of the ex-
4.istence-of this franchise, by notifying
the Iowa Service Company, its sue
cesscrs or assigns of its Intention
within thirty days OF the expiration
of each period and said lighting rate
schedule revision to be determined by
comm .ttee consisting of th-ns per
sons; ore to be named b. tho Mayor,
one by the GRANGE and ,he two so
chosen shall agree upcn the selection
of the third member Of the commit
tee. The committee when so appoint
ed shall by a majority prepare a
schedule or lighting rates which shall
allow the grantee a return, sufficient
to cover all operating expenses, taxes,
insurance, depreciation and fair re-
turn on it's investment.
Section 6. That the maximum
rates to be charged by said Iowa Ser
vice Company, it's successors or as
signs, for electric current furnished
to the inhabitants of said City for
lighting purposes shall not exceed:
First, 30 K w. Hours per month at
~ cents per K w Hour.
4 All Excess K w Hours per month
at l21a cents per K w Hour.
Bills are to be paid at the office of
, the grantee or place designated by
it in the Town of Modale, on or
before the 10th day of the month fol-
lowing the month in which meters
were last read, and services are to be
, discontinued if bills are not paid by
{ the goth day Of the same month. And
: provided that the minimum shall be
, one dollar per month for each installa-
> tlon or customer and the said Iowa
Service Company, it's successors OF
/ assigns, shall furnish for each in
stallation or customer an electric
, meter without cost and without any
) rental charge.
Section Z. That the maximum
rates to be charged by the Iowa Ser
wee Company, its successors or as.
signs, for electric current furnished
to the inhabitants Of said City fol-
> power purposes, consisting of motors
or appliances equivalent to at least
: one horse power capacity, shall moi
exceed:
;, First 200 K w Hours per month al
8 cents net per K w Hours.
!, Next 200 K w Hours per month a,
6A cents net per X w Hours.
: Next 400 K WsHours per month Al
5A cents net per K w Hours.
Next 400 X W Hours per month al
. u cents net per K w Hour.
Next 500 K w Hours per month a,
cents net per K w Hour.
Excess K w Hours per month al
: 31a cents net per K W Hour.
: And provided that the minimum
: charge shall be one dollar per month
: for each horsepower connected, ane
the Iowa Service Company, it's sue
y cessors or assigns, shall furnish fol
each such power connection an cleo
trio meter without cost or withou1
! any rental charge.
' Section s. Any person who shall in
$ terfere with, cut, injure, remove
: break or destroy any of the poles
t wires, conductors, fixtures, instru
: ments or other property of said lowe
r Service Company, its successors Of
assigns, shall be guilty of misde
n meanor and on conviction thereof
d shall be fined not less than Ten Dol
n lars nor more than One Hundred Dol
d lars. Any person who shall post
tack or fasten on the poles, structures
S or fixtures of said company, it's sue.
cessors or assigns, any sign, poster
advertisement or banner, shall upor
conviction thereof be fined in any
sum not less than Five nor more thar
Fifty Dollars forseach offense.
r Passed and approved this---
,, day Of --------=--=---==========.