1793 ORD GRANTING TO A M O'BRIEN DBA YELLOW CAB CO A FRANCHISE TO USE PUBLIC STREETS ETC

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Section 6. The grantee sha11,s during the life of this franchise, pay to the City of Paris at the office of the City Clerk in lawful money of the United States a sum equal to two (2) per cent of the gross receipts and total fares collected and other income derived fromthe operation of said taxicab busi- ness, which remittance sha11 be made monthly on or before the lOth day of the month following the month for which said respective remittances are- made9 and sha11 be accompanied by a verified statement of the gross re- ceipts for such preceding month. The granteeshall at a1.1, times keep a system of books and records which meet the approval of the City Clerk of the City of Paris and which adequately reflect upon inspection the amount of such gross receipts for each day of each month during such franchiseg which books shall at all times be subject to inspection by the City Clerk or any other designated agent or official of the City of Paris. The payments stipulated and provided in this section shall be in lieu of any other tax or assessment or charge by the City of Paris which may now or may hereafter be in force during the term of this franchise9 excluding only ad valorem taxes. Any neglect= omission or refusal by the grantee herein to file such veri- fied statement of gross receipts monthly9 as required,9 or to pay such speci- fied percentage of said gross receipts to the City of Paris when due and as specified, shall ipso facto work a forfeiture of this franchise and of all rights hereunder. Section 7. The City of Paris expressly reserves the right to modify9 amend9 alter, change or eliminate any of the provisions of this franchise9 during the life of the same, for the following purposes9 to-.wit: (1) To eliminate or delete from the same such conditions as then prove obsolete or impractical; (Z) To impose such additional conditions upon the grantee as may be just and reasonable, such conditions to be those as may be deemed necessary for the purpose of insuring adequate service to the public. Section 8. Notwithstanding what may be said in any other portion of this instrument with reference to the termination thereof9 this right is granted subject to the provisions of Article 1. Section 17 and 26 of the Constitution of the State9 the applicable state lawsa charter provisionsp and such future laws as may be enacted by the Legislature9 or amendments to the Constitution and the Charter of the City of Par.is. Furthermore9 the governing body of the City of Paris reserves the absolute right upon notice and a hearingwhich said notice shall beg2ven to the grantee not less than thirty (30) days before such hearing, to absolut ely terminate this grant fo r any violations of the terms and provisions of this ordinance. Section 9. That it sha11 hereafter be unlawful for the grantee, its offi- cers, agents or employees, operating any automobile for hire within the City of Paris, to cruise. Cruising shall consist of seeking, searching or solicit- ing employment while operating an automobile for hire9 by repeatedly and persistently driving such automobile for hire to and fro on the public streets of the City of Paris and offering accommodations thereof to prospective passengers, either by signal9 word of mouth, or by carrying a sign with the word "Vacant" thereon, or some other word of similar import or otherwise or in any manner whatsoever operating said vehicle upon the public streets o_f the City of Paris for the purpose of soliciting passengers or driving an auto- mobile for hire upon the public streets while unoccupied by a passenger with- out having a fixed destination thereof. Section 10. At alI times during the effective period of this franchise grantee shall have procured and kept in fu11, force and effect policy or policies of public liability insurance, covering each mother vehicle to be operated and