Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1920-04-02

and the liking Of ties and charges SUBJ
a:gs e sr
shall the obligation Of any contract be
Impaired thereby. and provided fur
ther such rates and charges shall be
TO Gear al eests Of
eharsss on ali bonds S or eertitieates IS
yided further that no such property
charter otherwise provided for.
CHAPTER TX
Section 50. e GR2STED BY oRn1-
NANCE:-All public utility franchises
shs Se a1
made only by ordinance adopted by the
affirmative vote of seven ninths (7-9)
al no of tss Gy s
be adopted until It has been printed in
full. and until adequate public hear
Gal newspaper In final ' form.
Copies Of all transfers and mortgages
with the City Clerk within ten days
after The III HxseTMtio onn th ST1pf;., On
ever be granted. nor shall any franchise
be granted for a longer period than
yn6S2e ysS BE- EverX Rst t u IT,
right of the City of Little Falls to pur-
| chase the property of any public utili-
ty operated under such franchise, ne
| for the operation thereof within the
city limits, either at purchase price
! which shall be accepted by both parties
! ton shall be submitted to a Board of
| Appraisal, which shall be composed of
by the
one person appointed by the
Judges Of the District Court for the
| Such Board Of Appraisers shall make
an inventory Of the property of the said
purposes shall have at all times unob-
structed access to all premises: RECORDS
s shall 's set f fair h value upon the said
said city. p as Existed at the time and
%hsa atssssn city
with data on which the same il
based to said City Council
ana Fsperf Of soa2d 81
praisers is unanimous and the
City Council shall consider the
value as determined by said I!.,l Beard % q
may submit the question Of the pur'
chase Of such property at such pu r;
fhase Price to the 9Salifed
election to be held on 9 day appointed
by the said City Council as provided by
law.and if the proposal to make sucf
firmative vote of four-sevenths Of those
/ voting on said proposal, the said Cit.
Council shall proceed Immediately t.
pqss seticn such ST. pro REGULATION. RE-
PORTS. ETC.-(A) All grants. renew
ais. extensions or amendments of pub
vided in the ordinance. or not: shall b
subject to the right of the City:
at any time for mis- use or non-use. o.
the time prescribed. or otherwise t.
comply in any manner with the term
rs 70 require reasonable
Extensions of plant and service and tn
maintenance Of the plant and fixture
: at the highest practicable standard
! IS 70 establish reasonable stand
r ards of service and quality: OF product
; and prevent unjust discrimination il
rs 70 examine and audit at an!
, time the accounts and other records o
} any such utility, and in addition to tn
, require additional and other reports a.
may be deemed advisable from eacl
! such public utility; provided that II
authority shall be given the power b!
. law to prescribe forms for accounts TO-
, public utilities throughout the state O.
throughout the district of which tn
T but the City Council may prescrib
more detailed ferns for the utilities
Is 70 prescribe by ordinance just
+ fair and reasonable rates, fares an'
f9e for in IN fs
I, charges thus prescribed by ordinanc
: shall be presumed to be Just; fair 81. an a
chise shall not be deemed to confer an
right to include in the charge for ser
. vice any return upon the value Of tn
! shalt be conducive to the safety, vel
fare and accommodation of the public
!B) Every corporation; coffp pa Itpi r
I in the City of Little Falls shall file an
nualiy within one month after the clos
its sia in the sS SiSa of TN
: such corporation. or by the individual
) in control in case such franchise Is ex
|. setting forth in detail fer the preceding
I calendar year the actual cost. to sal'
: corporation, co-partnership or person
: of the plant or business operated b.
= such corporation, co-partnership o
person; the actual encumbrances, debt
, and obligations thereof, if any
and as to it's business done under sucl
RI franchises; the gross earnings, and tn
amount expended during the year un
; der each of the following heads separ
ately: (a) operating expenses and up
keep; CO.. betterment and extensions
(c) salary of officers Of the corpora
= ton; (d) dividends; and interest paiS
r on Indebtedness; (e) depreciation fund
if any; and the names. residences ant
the amount of the stock Of all stock
: holders of such public service corpora
ton and such other items as may b.
requested by the City Council. If an!
, bonds have been redeemed and not can
celled that fact shall be stated. Thi
!, duty may be enforced by appropriate
! legal proceedings. Every such corpor
, alton or person who fails to compl!
with the provisions of this section
z shall be liable to the City of Littl'
. Falls, in the sum of One Hundred Dol
lars ($1OO.0O) for each day of such fail
ure to be recovered in civil action il
any court of competent jurisdiction
!, and at the end Of sixty (6O) days i
such default shall continue. the Cit.
Counci1 NAV Forfeit such ranchiSp.