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which may now or may hereafter be in force during the term of tnis ixanchise, <br />excluding cnly ad valorem taxes. <br />Any neglect, omission or refusal by the grar:tees ncrein to fa.le such <br />verified staternent of gross receipcs montiily, as required, or to pay such <br />specified percentage of said gross receipts to the City of --aris when due and <br />as specified, shall ipso facto viork a forfeiture of tnis franchise anc3 of all <br />rights hereunder. <br />Section lile City of i-aris expressly rescrves 'Lhe right to modify, <br />arr.end, alter, changr_~ er eliminate any of 4he provisios-is of this franchise, <br />ciuring the life cf the samc, for t',-ic follcwin, purposes, <br />~l j To eliminate or deietf:.from the same such condi~ions as then <br />pxove obsolete or irnpractical; <br />To impose sucn additional conditior.s unon the granteesas may be <br />anc+ reasonable, suc'rl conditicns to be 11-hose as ;nay be deemed necessary <br />for the purpose of insuring adequate service to the public. <br />Sec-L-ion Notwithstanding wnat may be said in any other portion af <br />this instrumen-t with reference to the termination thexeof, this right is <br />granted subjecz to the provisions ef Article 1, Section 17 and 26 of trie <br />Constitution of the State, the applicable s-tat:: laws, c'riarter provIsions, and <br />sucn future laws as may be enacted by the legislature, or a;ner-dr,ients to the <br />Constitu -Lion and the Cnarter of the Ciiy of Par-s. Furtneriiiore, the governirig <br />bociy of the Ci.ty of ?aris reserves the absolu-te right upon notice and a hear- <br />iny, wiZicn said notice shali bc- yiven to ihe yrantees tzot less than thirty (30) <br />days before sucti hearing, to absolu-tely terrninate tnis grant for any violations <br />of the terms and provisions of this ordinanceo <br />Section 9o That it shali hereafter ne w-ilawful for the grantees, their <br />officers, agLnts or employees, operating any automobile for hire within the <br />Gity of Paris, to cruiseo Cruising shall consist of seei:ing, searchiny or so - <br />liciting ernployrnent while operating an autor,iobilc for hire, by repeatedly and <br />persistently driving such automobile fcr nire to and fro on the public streets <br />af the City of Paris and offering accommodations thzreof to prospective <br />passengers, eitizer uy signal, word of iilouth, or by carrying a sign with the <br />word I'Vacar.t" thereon, or some other word of sirnilar i:aport or ot'rierwise or in <br />any manner whatsoever operating said vehicle upon the public streets of the <br />City of Paris for the purpose of soliciting passengers or driving an autorriobile <br />for hire upon the public streets wh.ile unoccupied by a passenger without having <br />a fixed destination thereof. <br />Sectian l0o At all times during the cffective period oF tnis franchise <br />yrantees shall have procured and kept in full force and effec-t policy or poli- <br />cies of public liability insurance, covering each motor vehicle to be operated <br />and operated under this franchise, conditioned that the holder of the franchise <br />snall well and truly pay to the iuiayor of the City of Paris, or his successor in <br />office for the benefit of every judgrnent creditor who has been injured througn <br />the negligent operation of any such motor vehicle by the grantees of tneir em- <br />ployees, or will well and truly pay directly to aiy such judgment creditor who <br />'r:as been injured, or whose property has been dair,aged, any amount or amounts of <br />money that sliall have been awarded by final judgment of any cuurt of competent <br />jurisdiction against such grantees on account of any such injury or damage, not <br />exceeding for vodiIy injury or deatti to any one person the sum of Fivc Thousand <br />Dollars ($5,000o00), or the su;n of Ten Thousand Dollars ($10,000,00) for all <br />persons injured in any one accident or occasion, and not exceeding Five Thousand <br />Dollars ($b,000o00) for property damages arising aut of any one accident or <br />occasion. Any such pclicy of insurance shall further provide tha-E each such <br />cause of action shali_ survive in case of death of any injured or damaged person <br />for the benefit of the beneficiary of any such perscn, and shall furthUr provide <br />that such policy shall be subject to successive recoveries during the time that <br />t`rre same may continue in effect. Any such pelicy of insurance shall be issued <br />by an approved insurUnce company, autnorized to do business in the State of <br />Texas. <br />SecLion ll0 1n the event of the failure of grantecs to fully discharge <br />any claim for darnages established by final judgment of a court of competent <br />jUrisdiction within sixty (60) days after the same has been so established, this <br />franctiise shall automatically be forfeited. <br />