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122 of 1908 - Ordinance 122 of 1908 Franchise, Ratifying, confirming & re-enacting certain rights & privileges gra AN ORDINANCE. An Ordinance ratifying, confirming and re-enacting certain rights and privileges granted by the City Council of Salt Lake City, September 9, 1879, to William Jennings and seven others, and amending the same, and ratifying and confirming the transfer of said certain rights and privileges to the Rocky Mountain Bell Telephone Company, a corporation of Salt Lake City, Utah. WHEREAS, William Jennings and seven others, by petition addressed to the City Council of Salt Lake City, Utah, August 26th,1879, represented that they were desirous of forming an incorporate company to be known as the Salt Lake Telephone Company, for the purpose of connecting the principal places of business, offices,residenees, etc., by a district telephone system, and asked permission for themselves and assigns to erect the necessary poles, and run wires in and through the streets of said city for the above purpose: and WHEREAS, Said petition was received and referred to the Committee on Streets and Alleys: and WHEREAS, On the 9th day of September 1879, the Committee on Streets and Alleys reported favorably, and recommended that the prayer of the petition be granted: and WHEREAS, Said William Jennings and seven others, on December 13, 1880, duly assigned to A. J. Pattison and Company the right to erect poles for use of a Telephone Exchange, which assignment was on the 22nd, day of December 1880, ratified in part by said City Council;and WHEREAS, Thereafter said rights and privileges were assigned and transferred to the Rocky Mountain Bell Telephone Company, a corporation duly created under the laws of the Territory of Utah to exist fifty years from the date of said incorporation; and WHEREAS, Said corporation installed in Salt Lake City, and contin- uously maintained and operated a Telephone Exchange and telephone system from the date of its incorporation, and treated with and contracted with the City Conrail of said City relative to its business; and WHEREAS, The said City used the poles so erected as aforesaid by said Telephone Company, and said Company's conduits upon and in which to string and place wires for said City's fire alarm and police system for a long period of years, and thus recognized the right of said Telephone Company to maintain and operate a telephone system within said City; and WHEREAS. There exists a legal^question as to the extent of time the rights so acquired shall continue, and a question as to the rights,duties and obligations of said Rocky Mountain Bell Telephone Company and sail& Salt Lake City, due to each other; and WHEREAS, The said Roof Mountain Bell Telephone Company disputes the right of said city to collect a license tax on its business as provided by ordinance of said City; NOW THEREFORE, For the purpose of settling and determining the questions which have heretofore arisen between said City and said Company as aforesaid, and of fixing the liability and duty of said Company in the premises, and confirming the rights and privileges acquired by said Company under the acts of the City Council of September 9,1879, and December 21,1880, and rights and privileges otherwise ac- quired, and in further consideration of said Rocky Mountain Bell Tel- ephone Company annually, during the remainder of its corporate existence, paying to Salt Lake City, commencing January 1,1908, one per cent of its gross earnings from Salt Lake City rentals, such sum to be paid to the City Treasurer on or before the fourth Monday in each J u rJ following, also to furnish to Salt Lake City during the same per.io free telephones per annum. In consideration of the premises: Be it ordained by the City Council of Salt Lake oity,Utah; SECTION I. That the rights and privileges heretofore granted to William Jennings and seven others, now owned by the Rooky Mountain Bell Telephone Company, a. corporation of Salt lake City, and 'the assignment and transfer of said rights and privileges to said Company, be, and the same is hereby ratified and confirmed in said Rooky Mountain Bell Telephone Company during the remainder of its corporate existence, that is to say, until February 26, 1933, and shall terminate upon said. date. -3- SECTION 2. That the said rights and privileges, as set forth in Section One of this Ordinaneei so confirmed and ratified, be, and the same are hereby amended so as to read as follows: Such Telephone Company for and in consideration of the confirmanoe of the rights and. privileges, and the ratification of the same as aforesaid, during the remainder of its corporate existence, agrees to pay annually to Salt Lake City, commencing January 1,1908, one per cent of its- gross earnings from Salt Lake City rentals, such sum to be paid to the City Treasurer of said City on or before the fourth Monday in each January following, and also to furnish to said City during the same period, forty free telephones per annum. The above considerations shall be in lieu of all rentals,lieense fees or taxes upon the business of said Telephone Company. SECTION 3. For the purpose of determining the amount of gross earnings and the sum to be paid, the books of said Corporation shall be subject to inspection of the City Auditor at all reasonable times. SECTION 4. The Rocky Mountain Bell Telephone Company must accept this ordinance on or before five days after its approval by the Mayor. SECTION 5. This ordinance shall take effect upon approval. Ply �c� '