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<br />ORDINANCE NO. 24. <br /> <br />AN ORDINANCE OF THE BOARD OF TRUSTEES OF THE CITY OF ARCADIA, <br />GRANTING TO CRAS. S. S. FORNhY AND HIS SUCCESSORS AND ASSIGNS, THE RIGHT <br />TO CONSTRUCT, INSTITUTE, INSTALL, LAY AND J~INTAIN Uj,IDERGROUND CONDUITS, <br />MAINS AND GAS PIPES FOR THE PURPOSE OF CARRYING, CONDUCTING AND DISTRIBU- <br />TING COMMERCIAL GAS FOR LIGH.T, HEAT AND POWER IN AND ALONG THE PUBLIC <br />STREETS, ALLEYS AND THOROUGHFARES OF THE CITY OF ARCADIA, FOR A TERM OF <br />FIFTY (50) YEARS. <br /> <br />THE BOARD OF TmrSTEES OF THE CITY OF ARCADIA DO ORDAIN AS <br /> <br />FOLLOWS: <br /> <br />Section ~. That in consideration of the payment of the sum of <br /> <br /> <br />one dollar, lawful money of the United States, to the said City of Arcadia, <br /> <br /> <br />said sum being the amount bid by Chas. S. S. Forney for said franchise, <br /> <br /> <br />and said bid being the highest and best bid therefor received up to 7.30 <br /> <br /> <br />o'clock P. M. of the eleventh day of April, 1910, at the office of the <br /> <br /> <br />City Clerk of the City of Arcadia, for such franchise upon publication of <br /> <br /> <br />a notice under the direction of the Board of Trustees of the City of <br /> <br /> <br />Aroadia that such franchise would be sold having been made by the City <br /> <br /> <br />Clerk of said City of Arcadia, for the term of and in the manner provided <br /> <br /> <br />by law and in further consideration of the execution of a bond to said <br /> <br />City of Arcadia in the penal sum of one Thousand ($1,000.00) Dollars as <br /> <br />required by law, a franchise and the right and privilege is hereby grant- <br />ed to Chas. S. S. Forney and his assigns to construct, institute and <br />install, lay and maintain underground conduits, mains and gas pipes for <br />the purpose of carrying, conducting and distributing and supplying to the <br />inhabitants of the City of Arcadia a commercial gas for light, heat and <br />power in and along the public streets, alleys and thoroughfares of the <br />City of Arcadia, and to maintain and operate the same for a period of <br /> <br />fifty (50) years. <br /> <br />Provided, however, that the said underground conduits, mains and <br />gas pipes shall at all times during the life of this franchise be con- <br /> <br />structed, instituted, installed,. operated and maintained as herein pro- <br />vided and the right and privilege is hereby and shall at all times be <br />exercised and enjoyed in accordance with and subject to each and every of <br />the terms and conditions of this ordinanoe and not otherwise. <br /> <br />Section ~. That said grantee his suocessors and assigns, are <br /> <br /> <br />hereby required to expend within the City of Arcadia and within one year <br /> <br />- 1 - <br /> <br />() /Lclvv/.-cY7'l-CA'- /20. ;;Z Y <br />