The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1920-12-24


Guiding poles, wires, street light fl,
lures, transformers, brackets, meters
one constant current transformer am
two switch board panels, the three las
named articles being situated at tn
power house now occupied by tn,
Pascagoula Ice Company but not in
cluding the three large transformers
} the A. c. Generating Unit, the II. {
Generating Unit, a Rotary Converte
and switch board connections, sal,
last named articles being excepte,
from this conveyance.
(c) All and singular the trolley pole
and guy wires now standing in the cor
porate limits of the City of Pascagoul;
and formerly used in connection will
the Pascagoula Street Railway e. Powei
Company.
(d) The franchise granted by thu
City of Scranton to l.. S. Anderson an(
later assigned by him or his assign!
to the Pascagoula Street Railway 4
Power Company.
(e) The franchise granted by the
Town of South Pascagoula to l.. S
Anderson and by him or his assigns
assigned to the Pascagoula Street Rail
way e. Power Company, said franchise
conveying the right to operate a street
railway and electric light and water
works system in the City of Scranton
and the town of South Pascagoula.
I All Of the above described property
having been purchased by the seller
from Geo. p. Money, Special Com
missioner appointed in the cause of
Columbia Finance & Turst Company
VS.. Pascagoula Street Railway &
Power Company.
(2) AS a part of the consideration
the City agrees to pay and discharge
all the State, County and municipal
taxes due and owing on the above de-
scribed property for the fiscal year
1920.
(3) 1t is understood that prior to the
3rd day of April, 1920 that the Seller
expended approximately the sum of
100000 in lowering the watermains
of said water works system so as to
permit paving, and that after the 3rd
day of April, 1920 the City completed
the lowering OF said mains and paid
therefor. AS to all expenditures by the
City for lowering the water-mains
after the 3rd day of April, 1920 the
City as a part of the consideration of
this conveyance, agrees to assume,
pay and discharge all such costs, but
not including the expenditures made
by the Seller prior to said date.
(4 The purchase price together
with six per cent interest thereon
from now until the date of payment
shall be paid in cash, within thirty |
days after the approval of this con
tract by a majority of the qualified
electors voting at an election to be
called by the City, provided that the
time of payment may be extended by /
MUTUAL agreement of the parties.
60 1t is understood that on the
3rd day of April, 1920, contract for
the purchase OF the above described
property was entered into between
these parties, and later extended by
the Seller. This contract now made,
while in effect and substance the
same as that heretofore made, shall
supersede said former contract and
constitute the present agreement be-
tween the parties
In witness whereof we have here
unto set our hands on the day and
year first above written.
CITY OF PASCAGOULA,
By F. H. LEWIS, Mayor
j. HIGGINBOTHAM,
M. L. VALVERDE, Councilmen
E. j. FORD, Seller. r.
Whereas, it is deemed necessary to
meet the requirements of the law in
such cases that the making OF said
contract of purchase of said water and
light plant be approved by a majority
Of the qualified electors of the City
voting in an election held for that pur-
pose, therefore be it
Resolved, that for the purpose of
securing the approval Of a majority
1f the electors of the City the contract ]
negotiated by he Council with E. J.
Ford aforesaid that an election be held
at the several voting places in said
City within legal hours for regular
elections on MONDAY THE oath DAY
OF JANUARY, 1921, and f. L. Lin
linger F. j. Johnson and w. w. Walk
ar be and they are hereby appointed
election commissioners for holding and
such election and F. l.. s
4indinger is designated for having the J
tickets furnished and printed for use
N the conduct of such election.
Resolved further, that at the said
election the ballots to be used and
yoted thereon be in the form, words
md figures as follows, to-wit:
Shall the City Council be authoriz-
ID to consumate contract with
Q. J. Ford for the purchase of the
Water and Electric Light Works and ,
appliances as per form of contract on
lie with the City Clerk. ,
Tor authorizing the contract---------;
Against authorizing the contract------
Resolved further that said com !
nissoners publish a notice of such :
election for three weeks in the Pas
.agoula- -Chronicle-Star and that such
lotice be in the following form:
NOTICE OF SPECIAL ELECTION. |
To vote on the question of the ap- |
,roval of a contract with e. j. Ford
or the purchase of the water and
light plant fixtures and appliances
S per contract on file with the City
,lerk
Notice is hereby given that in ,
bedience to and in accordance with
esolution of the City Council of said
'ity adopted on the 22nd day of De
ember, 1920, directing the holding of {
uch election to vote on the said prop ,
sition and appointing the under
igned commissioners for holding such .
lection, an election will be held at the
veral voting places in said City on
1onday the oath day of January, 1921,
Iithin legal hours.
Tb;e tho oopJ dav pf npppO1 her /