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<br /> <br /> <br /> <br /> <br /> <br /> showing such insurance to be in lull force and effect during <br /> the entire term of this lease, or shall deposit with the City <br /> Clerk of the City of Paris, copies ot said policies. <br /> Said policies or certificates shall contain a provision <br /> that written notice of cancellation or of any material change <br /> in said policy by the insurer shall be delivered to the City <br /> Clerk of the City of Paris, thirty (30) days in advance of <br /> the effective date thereof. <br /> Section 10. In the event of the failure of graritee to <br /> fully discharge any claim for damages established by final <br /> judgment of a court of competent jurisdiction withici sixty <br /> (60) days arter the same nas been so established, this <br /> franchise shall automaticall.y be forfeited. <br /> Section 11. Every motor vehicle operated by grantee <br /> under this franchise shall. at all times have painted or <br /> otherwise impressed upon the front doors thereof easily <br /> visible signs bearing proper identification of the company <br /> operating under such franchise. All such vehicles shall be <br /> owned by and registered in the name of grantee, and no other <br /> vehicle may be used under this franchise. Each of such <br /> vehicles shall be registered with the City Clerk of the City <br /> of Paris by motor number. <br /> Section 12. It shall be the duty of the City Council <br /> of the City of Paris to enforce the provisions af this <br /> ordinance and all applicable regulations. He shall also <br /> recommend to the City Council of the City of Paris from tiffie <br /> to time reasonable rules and regulations, which, when <br /> approved by the City Council, shall become binding upon the <br /> grantee herein. Among other things, the City Council shall <br /> from time to time during the term of this franchise have the <br /> power and authority to promulgate effective regulations <br /> concerning the following, to-wit: <br /> (a) To make reasonable vrders respecting character, <br /> extent, quality and standard of service of grantee to be <br /> provided under this franchise; <br /> (b) To fix such rates for service to the public as are <br /> not in conflict with the express provisions hereof as will <br /> provide for grantee a reasonable and fair rate of return upon <br /> the fair value of the property used and useable in connection <br /> with the rendering of service to the public under this <br /> franchise; <br /> (c) To make such other rules and regulations as may be <br /> reasonably necessary to facilitate adequate service to be <br /> rendered to the public under this iranchise, any such rules <br /> and regulatious when adopted to be binding upon the grantee <br /> herein. <br /> Section 13. Motor vehicles operated by grantee under <br /> this franchise shall be known as "public service vehicles" <br /> ar,d when not in use in the exercise of the privileges granted <br /> herein each of such vehicles shall be stationed or parked at <br /> the headquarters of the grantee herein, which headquarters <br /> shall be located on private property. <br /> Section 14. That the grantee shall promptly pay all <br /> lawful ad valorem taxes, and such other levies and assess- <br /> ments, if ariy, that may be lawfully imposed upon it. Failure <br /> to pay any of such charges or• either of them shall be deemed <br /> a breach af the privilege granted herein and the City, upon <br /> the happening of such event, may declare the rights of the <br /> grantee hereunder forfeited for such breach. <br />