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Section 8. Notwithstanding what may be said in any other <br />portion of this instrument with reference to the termination thereof, <br />this right is granted subject to the provisions of Article 1, Sections <br />17 and 20 of the Constitution of the State, the applicable State laws, <br />charter provisions and such future laws as may be enacted by the <br />Legislature, or amendments to the Constitution and the Charter of <br />the City of Paris. Furthermore, the governing body of the City of <br />Paris reserves the absolute right upon notice and a hearing, which <br />said notice shall be given to the Grantee not less than thirty (30) <br />days before such hearing, to absolutely terminate this grant for any <br />violations of the terms and provisions of this ordinance. <br />Section 9. At all times during the effective period of this <br />franchise Grantee shall have procured and kept in full force and <br />effect policy or policies of public liability insurance covering each <br />motor vehicle to be operated and operated under this franchise, <br />conditioned that the holder of the franchise shall well and truly pay <br />directly to every j udgment creditor who has been inj ured through the <br />negligent operation of any such motor vehicle by the Grantee or its <br />employees, or whose property has been damaged, any amount or <br />amounts of money that shall have been awarded by final j udgment <br />of any court of competent jurisdiction against such Grantee on <br />account of any such injury or damage, not exceeding for bodily <br />injury or death to any one persom the sum of $100, 000. 00 or the <br />sum of $300, 000. 00 for all persons injured in any one accident or <br />occasion, and not exceeding $10, 000. 00 for property damages <br />arising out of any one accident or occasion. Any such policy of <br />insurance shall further provide that each such cause of action shall <br />survive in case of death of any injured or damaged person for the <br />benefit of the beneficiary of any such person, and shall further <br />provide that such policy shall be subject to successive recoveries <br />during the time that the same may continue in effect. Any such <br />policy of insurance shall be issued by an insurance company <br />approved by the City Attorney, authorized to do business in the <br />State of Texas, and a copy of any such policy or amendments <br />thereto shall be delivered to the Office of the City Clerk of the <br />City of Paris, Paris, Texas. <br />Section 10. In the event of the failure of Grantee to fully <br />discharge any claim for damages established by final judgment of a <br />court of competent jurisdiction within sixty (60) days after the same <br />has been so established, this franchise shall automatically be for- <br />feited. <br />Section 11. Every bus operated by Grantee under this fran- <br />chise shall at all times have painted or otherwise impressed upon <br />the front doors thereof easily visible signs bearing proper identifi- <br />cation of the organization operating under such franchise. Each of <br />such vehicles shall be registered with the City Clerk of the City of <br />Paris by motor number, and the City Clerk shall assign for each <br />such respective vehicle in numerical order, beginning with the <br />Number 1, a number, which number shall at all times be displayed <br />at some convenient location on both sides of the same. <br />