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HomeMy WebLinkAbout0188_0001and the Third appraiser shall be selected within Sixty (60) days after the giving of such notice. Said appraisers shall meet as soon as possible after their selection and shall appraise said entire system of sewerage at its reasonable value and shall and shall make their award in writing in duplicate within Thirty (30) days after said 13th, day of August, 1909, or the expiration of said Bive (5) years, and one copy of such award shall within such time be delivered to the Mayor of the City of Georgetown, and one copy to said John R. Allen and L. Marshalls their assoc- iates, successors and assigns. The said City of Georgetown shall within six months after said appraisers have made their award pay the amount so awarded in cash# or by said City assuming in- debtedness of the said John R. Allen and L. Marshall, their associates, successors and assigns, due on said system of sewer- age, not to exceed the value as shown by said appraisementp and paying balance, if any, in cash as aforesaid. And a failure to pay the amount of the a ppraisement in the time and manner here- inbefore specified, or a failure to give notice of intention to buy as above provided, shall operate as a waiver of a right to purchase until the expiration of another five years. And another provision in the granting of this franchise is that the said John R. Allen and L. Marshall, their associates, successors and assigns, shall faithfully observe and perform all the terms and conditions and requirements of this ordinance in whole and in part. The expense of such appraisement shall be borne equally by the City and the said John R. Allen and L. Marshalls their associates, successors and assigns. Section 2. 'The said John R. Allen and L. Marshall, their associates, successors and assigns, shall exercise due care and diligence in the use of the streets, alleys and public places of this City, and shall cause no unnecessary obstruction to pub- lio travel over or upon the same, and shall not injure or inter- fere with other pipes, either gas, water or sewerp vhich may be lawfully located beneath the surface thereof. And said John R. Allen and L. Marshall, their associates, successors and assigns, shall take every reasonable precaution against accidents or damage to persons or property in the exercise of the rights and privileges herein granted, and shall cause all excavations to be properly lighted or guarded at night, and after the completion of the pur- pose for which the said streets, alleys and public places shall be restored to their former condition without unnecessary delay. El