The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1947-08-28
LEGAL NOTICES
AN ORDINANCES

Company. its Successors and
Assigns, in the CITY of LEX
INGTON, Mississippi, Fixing the
Terms Thereof. Prescribing the
Obligations Thereasto, and for
Other Purposes.
BE 1T ORDAINED BY the Mayor
and Board of Aldermen Of the
CITY of LEXINGTON, Mississippi,
lawfully assembled:
SECTION /. In consideration of
the benefits that will accrue to the
municipality and the inhabitants
thereof, Mississippi Power & Light
Company, a corporation, hereinafter
called Grantee) is hereby vested
with full right, authority, easements,
privileges and franchise to con-
struct, reconstruct, erect, suspend,
install, renew, repair, maintain, ope-
rate and conduct in said municipal
ty a plant or plants and a system
for the manufacture or distribution
of electric current for all purposes
whatsoever. for a term of twenty
five years from date of passage.
SECTION 2. The Grantee is
hereby further given and vested
with full right, authority, easement,
privilege and franchise to construct.
reconstruct, erect, suspend, install,
renew maintain, operate and con-
duct in said municipality a system
Of poles, towers, conduits, cables,
conductors, transformers, fittings,
and all appliances and appurtenan-
ces now or hereafter, during the life
of this franchise, necessary or de-
sirable to the transmission, distribu-
ton, andior sale of electric current,
for all purposes whatsoever, in, over,
under, along, upon and across all
streets, alleys, ways, bridges and
public places and other municipal
property in said municipality, as
they now exist, or may hereafter
be laid out or extended, together
with the further full right, privilege,
easement, authority and franchise to
construct, reconstruct erect, suspend,
install, renew repair, maintain and
operate said poles towers, conduits,
cables, conductors, transformers, fit
tings and all other appliances and
appurtenances now or hereafter,
during the life Of this franchise,
necessary or desirable for the trans
mission within, through and over
and beyond said municipality, and
to electricity consumers, both with
in and beyond the limits thereof,
electricity for lighting, heating,
power and all other purposes for
which electricity may be now, or
hereafter used, and for the purpose
of extending its system beyond the
limits of the municipality as they
now may, or may hereafter exist.
SECTION 3. The poles, towers.
conduits, cables, conductors, trans
formers, fittings, appliances and ap-
purtenances, whether now in use or
hereafter devised, shall be construct
ed so as not to un~reasonably inter-
fere with the proper use Of the
streets, avenues, alleys, ways, bridg-
es, public places and grounds in said
municipality, the municipality to APP
prove location of same. and same
shall be moved at expense of Gran
tee when necessary for paving, and
shall be maintained in a reasonably
safe condition and repair.
SECTION 4. Grantee may, from
time to time, declare. make and en-
force reasonable rules and regula-
tons as a condition for the sale or
distribution of electric current by
it to the municipality, or any consul
mer therein or whereabouts during
the life of franchise.
SECTION 5. In the event the
supply of electric energy should be
interrupted or fail by reason of ac-
cident, or otherwise, beyond the con-
troll of Grantee, the Grantee shall
restore the service within a reason
able time, and such Interruptions
shall not constitute a breach OF this
franchise, nor shall the Grantee be
liable for damage by reason of such
Interruptions or failure.
SECTION 6. Grantee will pay to
the municipality a sum of money
equal to two per cent (2%o) OF the
receipts of the Grantee from the
sale of electric service at retail for
residential and commercial purposes
(sales tax excluded) within the cor
porate limits of the municipality as
shown by Grantees billing records.
such payments to be due quarterly
and the annual aggregate amount
of such payments shall not be less
than 500. Provided, however, the
obligation to make said payment is
conditional in that the full amount
specified shall be paid during the
term of this franchise unless and ex-
cept should there be collected by
the municipality from the Grantee
any new taxes of any nature what
soever imposed subsequent to the
date of this franchise, or should
there be an increase in the rates of
any taxes now being collected by the
municipality Except advalorem
taxes authorized by law, then the
payment herein provided to be made