Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1920-03-26
CHAPTER TX


amendments thereof shall be granted or
affirmative vote Of seven ninths 7-9)
of all members of the City Council;
6s ad aPpd an 1a hS been e1 Rfnt Sa
ings have thereafter been held on such
ordinance, and until at least two weeks
e Eft it has nssn ns IN the te e
Copies of ali transfers and mortgages
or other documents affecting the title
or use of PUBLIC utilities shall be filed
sfter the ienk days
Sec 50. TERM AND PURcHAsE.-No
perpetual or exclusive franchise shall
ever be granted, nor shall any franchise
twenty (2o) years: Every public util-
right Of the City of Little Falls to pur-
the OF any
cessarily used in or conveniently useful
for the operation thereof within the
city limits, either at purchase price
or in case said parties shall fail to agree
upon a fair purchase price. the Ques..
ton shall be submitted to Board Of
one person appointed by the grantee
pointed BY the city Of Little Ii Falls ard ard
judges Of the District Court for the
Judicial District in which said Morrison
County is situated.
sS n1en 1oad f be sa MAKE
grantee of such franchise proposed to
be purchased by said City. and for such
purposes shall have at all times unob-
and books Of said id grantee s SAID Board
shall set fair value upon the said
property proposed to be purchased by
determined by said City Council. and
%se data 70 on ss Tach t CIV sage
and the report Of such Board Of Ap-
Rraisers is unanimous and the
value as determined by o said Board Of
may submit the question of the pur-
chase of such property at such purz ar
the 1 City Of Little Fails at special
election to be held on q day appointed
by the said City Council as provided by
te 6
voting on said proposal, the said City
Council shall. proceed Immediately to
pp seetion sc 81. pfc RS&GLAr1oN, RE-
PORTS. ETC.-(A) All grants. renew
ais, extensions or amendments Of pub
subject to the right Of the City.
() To repeal the same by ordinance
fer failure to begin construction within
comply in any manner with the terms
Is TO require reasonable.
extensions Of plant and service and the
maintenance of the plant and fixtures
at the highest practicable standard of
9s5 10 establish reasonable stand
ards of service and quality of products
and prevent unjust discrimination. in
"a To examine and audit at any
time the accounts and other records Of
any such utility. and in addition to the
require additional and other reports as
may be deemed advisable from each
such public utility; provided that if
authority shall be given the power by
law to prescribe forms for accounts for
public utilities throughout the state or
th9roughout the district Of which thss
shall be controlling so far as they go,
but the City Council may prescribe
more detailed forms for the utilities
60 To prescribe by ordinance just,
fair and reasonable rates, fares and
charges for public service in tfha the man nan
Of Gs snd }ba rates and
charges thus prescribed by ordinance
shall be presumed to be just. fair and
reasonable. The granting of fran
right to include in the charge for SER
vice any return upon the value of the
franchise or grant.
shall be conducive to the safety, well
fare and accommodation of the public
lB) Every corporation. co.partner-
in no IF n.
nually within one month after the close
of its fiscal year. in the office of the
City Clerk: a statement. subscribed and
such corporation. or by the Individual
in control in case such franchise is ex-
ercised by q person or co,partnershlp.
calendar year the actual cost. to said
corporation, co-partnership or person.
of the plant or business operated by
such corporation co,partnershi2 gah or
and obligations thereof, If any;
and as to it's business done under such
franchise; the gross earnings, and the
der each Of the following heads separ-
feep b and exte an
TO- sSS S ei:rs an S int pps
on Indebtedness; (e) depreciation fund,
if any; and the names. residences and
the amount of the, stock of all stock
uOluC1S VI ouSA PNOilS SCA VIC WI PoAo~
ton, and such other items as may be
requested by the City Council. If any
bonds have been redeemed and not can
celled that fact shall be stated. This
duty may be enforced by appropriate
legal proceedings Every such corpor-
alton or person who fails to comply
with the provisions of this section.
shall be liable to the City of Little
Falls, in the sum of One Hundred Dol
lars (s10O.00) for each day of such fail
ure to be recovered in a civil action in
any court of competent jurisdiction.
ana at the end Of sixty 96o> days if
Council may forfeit such franchise.
Section 80. EXTENSIONS.-An ex-
tensions of public utilities within the
city limits shall become a part of the
aggregate property of the public util-
ity, shall be operated as such and shall
be subject to all the obligations and re-
served rights contained in this charter
and in any original grant hereafter
made. The right to use and maintain
any extension shall terminate with the
original grant and shall be terminable
as provided in Section 81 hereof. In
case of an extension of public utility
operated under q franchise hereafter
granted: then such right shall termin-
ate at the same time and under the
same conditions as the original grant.
Section SO. VALUATION OF FRAN
CHISE.-The grantee Of any franchise
shall not issue any capital stock on ac-
count of the franchise of the value