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HomeMy WebLinkAbout0026_2525 to the injury or damage of any person, firm or corporation that may be wroggfully injured thereby. That the operation of a telephone system in the City of Georgetown, Texas, by THE SOUTHWESTERN STATES TELEPHONE COMPANY, or its successors or assigns, after the passage of this ordinance shall be held to be an acceptance by the said telephone company, and its successors or assigns, of the rights and franchise herein granted, subject to all of the terms and conditions herein specified, and in accepting the said franchise, THE SOUTH- WESTERN STATES TELEPHONE COMPANY, and its successors and assigns, shall become bound and obligated to the City of Georgetown, Texas, to hold the City of Georgetown, Texas, free and harmless from any and all damage,.cost and expense in any manner occasioned it by or growing out of the operation of such telephone system within said City. 4th. That THE SOUTHWESTERN STATES TELEPHONE COMPANY, its successors or assigns, shall, at all times after the passage of this ordinance, and the acceptance of the rights granted herein, keep and maintain its plant and system in first class operating condition, act of God, public enemy, strikes, and other unavoidable accidents excepted, and shall furnish -and render service to all individuals, firms or corporations within the corporate limits of the said City of Georgetown, Texas, in accordance with all reasonable rules and regulations of the said City, and in compliance with the laws of the State of.Texas. That the failure of said Telephone Company to keep its plant in above mentioned condition shall be grounds for forfeiture of this franchise, by a proceeding for that purpose in a court of competent jurisdiction. Such proceeding shall not be instituted until after thirty (30) days notice in writing by the City has been given to the local manager of the Telephone Company .of the matters complained of. 5th. That in accepting this franchise, THE SOUTHWESTERN STATES TELEPHONE COMPANY agrees, binds and obligates itself to pay to the City of Georgetown, Texas, as compensation for the rights hereby granted, an amount equivalent to two percent (2%) of the gross revenues received by the said Telephone Company from exchange st4tion service rendered within the city and from exchange station