The Farmville herald. (Farmville, Va.) 1957-current, 1961-12-29

nor more than fltty dollars.
Section 9. All the rights and
privileges hereby granted to
said grantee may be exercised
by any successor or successors,
assignee or assignees of the
said grantee, but said successor
or successors. assignee or as
signees shall be subject to all
the provisions, obligations and
shpulations and penalties herein
prescribed.
Section 10. The rights and
privileges hereby granted shall
continue for the period Of
thirty years from and after the
final passage Of this ordinance.
unless the same be sooner vol
unfairly surrendered by the said
grantee, with the consent of the
Council of the Town, or unless
the same be sooner forfeited as
provided by law.
Upon the expiration of the
term of this grant and upon the
termination of the rights hereby
granted, by surrender, for
fixture or otherwise. all of the
poles. wires, conduits. lines and
other property of the said gran
tee. in the streets. alleys or pub
lie places Of the Town shall
be removed from the streets,
alleys and public places of said
Town at the expense of the
owner within a reasonable time
after the expiration or termi-
nation of said rights and privi-
leges. such. time to be pre-
scribed by the Council of the
Town.
Section II. This ordinance and
the rights and privileges hereby
granted and conferred shall not
become effective unless and I'M
til the said grantee shall file
with the Mayor of the Town its
written acceptance thereof. in
form satisfactory to the Mayor,
and shall enter into a bond in
the sum Of One Thousand Dol
lars $1,000. with surety salts
factory to the Mayor. con-
ditiOned to the effect that the
grantee will construct and main
tain. or if constructed. will
maintain, the plant or plants
provided for herein and reason
ably necessary for the exercise
OF the rights and privileges
granted in and by this ordi-
nance, and will maintain the
same in good order throughout
the term of this grant, and will
comply with the terms, pro-
visions and conditions of this or
dinance in all respects.
| Section II. The right is here
by granted to the grantee, in
so far as the Town may law
fully grant such right, to oper-
ate the existing poles, wires.
and appurtenances. constructed
within the corporate limits of
the Town on the date this fran
chise is effective. and hereto
fore operated as an electric
light and power distribution sys-
tenn within the Town as a part
OF the electric light and power
distribution system of the gran
tee to be constructed and oper-
ated under this franchise.
Section Is. This ordinance
shall be in force from its pas
sage.
II. That upon the approval of
this ordinance by the Mayor of
the Town it shall be the duty of
the Town Clerk to cause to be
advertised once a week for four
successive eekS, in some
newspaper of general circula-
ton in the Town. the draft of
ordinance contained in the fore
going sections. and in addition
he shall, by such advertisement,
invite bids for the privileges and
rights proposed to be granted
by said ordinance. which bids
shall be in writing and shall be
delivered to the presiding Off
Ger Of the Council of the Town
in open session at the day and
hour Of the February meeting
OF the said body to be held
next after such advertisement
Is completed, which bids shall
then be presented to the Council
by the said presiding officer to
be dealt with and acted upon
in the manner prescribed by
law for franchise grants. Said
advertisement shall expressly
reserve the right to reject any
and all bids. and the success
full bidder shall be required to
pay all costs Of advertising the
franchise in addition to the sum
bid by it.
III. This ordinance shall be in
force from its passage.
Passed by the Town Council
of the Town of Farmville, Vu-
GINA, on the 18th day of De-
cember, 1851.
WILLIAM F. WATKINS, JR.
MayOr