Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1920-04-23
CHAPTER TX

Affirmative vote Of seven ninths (7-9
Of all members of the City Council;
put no such proposed ordinance shall
full, and until adequate public hear
ings have thereafter been held on such
and until ct least two weeks
Copies Of ali transfers and mortEaEes
or other documents affecting the title !
with the City clerk within ten days
af ser g. T ffasS %&6
perpetual or 4 exclusive ss, franchise ah shall
twenty go years; Every pubic ut;l1
yht az hs CIV sa Of f little safsH to to the
ty operated under such franchise ne
cessarily used in or conveniently useful
city limits: either at = purchase price
or in case said parties shall fail to agree
%m fir b PRICE, tic The Soa9d
one person appointed by the grantee
of bv Ss S s to BE
Judges Of the District Court for the
judicial District in which said Morrison
such Board of Appraisers shall make
an inventory of the property of the said
grantee of such franchise proposed to
be BY a1 S tS tes for uso
structed access to all premises. records
and books Of said grantee. Said Board
shall set fair yalne upon the sa sa Id
said City. as it existed at the time and
Ssts. c i5.t BY ssiS city Council: FRA
with 6afa IN which tho aamo In
based to said City Council.
and the report Of such Board Of APP
City Council shall consider the
value as determined by said Board Of
Appraisers TO- be fair. the City Council
may submit the question Of the pur-
the city Of Little Fails at 9 special
election to be held on q day appointed
law,and if the proposal to make such
purchases shall be approved by the af-
firmative vote of four-sevenths Of those
on shs sad time aaa city S
pG seetion So ST. pro REGULATION. RE.
PORTS. ETc.-(A) All grants. renew
lie utility franchises. whether so pro-
:vided in the ordinance or not: shall be
subject to the right of the City;
W. 40 repeal the same Oy OTOluduC0
ct any, time for mis-use or non-use. Or
the time prescribed or otherwise to
comply, in any manner with the terms
ls] 70 require . ! reasonable . = |:
extensions of plant and service and the
at the highest practicable standard Of
(s) 10 establish reasonable stand
an sS unjust nj in
Is TO examine and audit at any
time the accounts and other records Of
annual reports herein provided for to
require additional and other reports as
may be deemed advisable from each
pubiic service Commission or any other
authority shall be given the power by
law to prescribe forms for accounts for
utt rs the state Se
City is part. the forms so prescribed
shall be controlling so far as they go.
but the det City Forms for may Se
60 To prescribe by ordinance just:
fair and reasonable rates. fares and
n ner 6rov ide FOR in CHAPTER as. Cen
charges thus prescribed by ordinance Fdin
r The granting Of a fran
chise shall not be deemed to confer any
right to include in the charge for ser
vice any return upon the value of the
(6) To impose such regulations as
shall be conducive to the safety. well
fare and accommodation of the public.
ship or person, exercising any franchise
in the City of Little Falls shall file an
nually within one month after the close
City CLERK: a statement. subscribed and
sworn to by, at least, two officers of
such corporation. or by the individual
in control in case such franchise is ex-
ercfsed by person or cO-partnership,
setting forth in detail for the preceding
calendar: year the actual cost. to said
corporation. co-partnership or person.
such corporation, co-partnership or
person; the actual encumbrances, debts
and obligations thereof, if any;
franchise: the gross earnings. and the
der each of the following heads separ
feaS g. ana snd
ton; ed5 dividends; ana interest paid
on indebtedness; (e) depreciation fund,
the amount Of the stock Of ali stock
holders of such public service corpora
ton, and such other items as may be
IeQueSleu Tie lily NOuuCll. IL ally
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-
with the provisions Of this SECTION.
shall be liable to the City of Little
Falls, in the sum of One Hundred Dol
lars ($1O0.00) for each day of such fail
ure to be recovered in civil action in
any court Of competent OF l{ 5%3risdiction!
such default shall continue. the City
Council may forfeit such franchise.
Section 80. EXTENSIONS.-AI ex-
tensions of public utilities within 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 al hereof In
case of an extension Of public utility
operated under a franchise hereafter
granted. then such right shall termin-
same conditions as the original grant.
SECTION SO. VALUATION OF FRAN
CHISE.-The grantee of any franchise
shall not issue any CaDita1 stock on Ac-