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<br /> <br /> <br /> <br /> <br /> Section 11. In the event of the failure of grantees to fully discharge any claim for <br /> damages established by final judgment of a court of competent jurisdiction within sixty (60) days <br /> after the same has been so established, this franchise shall automatically be forfeited. <br /> <br /> Section 12. Every taxicab operated by grantees under this franchise shall, at all times, <br /> have painted, or otherwise impressed upon the front doors thereof, easily visible signs bearing <br /> proper identification of the company operating under this franchise. All such vehicles shall be <br /> owned by and registered in the names of the grantees, and no other vehicle may be used under <br /> this franchise. Each of such vehicles shall be registered with the City Clerk of the City of Paris <br /> by motor vehicle in numerical order, beginning with the number l, which number shall, at all <br /> times, be displayed at some convenient location on both sides of said vehicles. <br /> <br /> Section 13. It shall be the duty of the City Council of the City of Paris to enforce the <br /> provisions of this ordinance and all applicable regulations, which, when approved by the City <br /> Council, shall become binding upon the grantees herein. Among other things, the City Council <br /> shall, from time to time during the term of this franchise, have the power and authority to <br /> promulgate effective regulations concerning the following, to-wit: <br /> <br /> (1) To make reasonable orders respecting character, extent, quality and <br /> standard of service of grantees to be provided under this franchise; <br /> <br /> (2) To fix such rates for service to the public as are not in conflict with <br /> the express provisions hereof and as will provide for grantees a reasonable and <br /> fair rate of return upon the fair value of the property used and useable in <br /> connection with the rendering of service to the public under this franchise; and, <br /> <br /> (3) To make such other rules and regulations as may be reasonably <br /> necessary to facilitate adequate service to be rendered to the public under this <br /> franchise, any such rules and regulations, when adopted, to be binding upon the <br /> grantees herein. <br /> <br /> Section 14. Motor vehicles operated by grantees under this franchise shall be known as <br /> "public service vehicles" and, when not in use in the exercise of the privileges granted herein, <br /> shall be stationed or parked at the headquarters of the grantees, which headquarters shall be <br /> located on private property. <br /> <br /> Section 15. The word "taxicab", as used in this ordinance, shall mean any passenger <br /> vehicle with not more than three rows of seats and a normal capacity not in excess of seven <br /> passengers which is not operated over a fixed route or routes and which is engaged for the <br /> purpose of carrying a passenger, or passengers, by special trips to and from specified addresses <br /> as designated by any such passenger or passengers. <br /> <br /> Section 16. That the grantees shall promptly pay all lawful ad valorem taxes and such <br /> other levies and assessments, if any, that may be lawfully imposed upon them. Failure to pay <br /> any of such charges, or either of them, shall be deemed a breach of the privilege granted herein, <br /> and the City, upon the happening of such event, may declare the rights of the grantees hereunder <br /> forfeited for such breach. <br /> <br /> Section 17. This grant is made upon the express condition that the nonexercise of the <br /> power to regulate rates and charges which the grantees may charge to the public in the operation <br /> of their business shall never be construed as an acquiescence or recognition of the justness or <br /> correctness of said grantees' established rate, and that, so long as the City Council of the City <br /> of Paris does not exercise its legislative and governmental power to fix and regulate the rates <br /> that the grantees shall charge to the public, the question of property values used and useful in <br /> the rendering of the service prior to rate regulation shall never stop the City from determining <br /> the real or actual value of property used or useful in rendering such service. If, and when, the <br /> City Council or other governing body shall exercise the power to fix the rates to be charged for <br /> such service in the City of Paris, no allowance in the way of said rate shall be made as <br /> compensation for any property used or consumed in rendering the service by the grantees for <br /> <br /> <br /> 3 <br />