1351 ORD PRESCRIBING AND REGULATING RATES AND CHARGES FOR LOCAL EXCHANGE TELEPHONE SERVICE FURNISHED IN COP

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/3,S/ ORDINAIVCE V0. 14-58 . AN ORDIP1MCE FRESCRIBING atiD REGULATIrvG i HE RATES ;4[iD CHARGES FOR LOCAL EXCHANGE TELEPHONE SERVICE rURP1ISHED ii1 THE CITY 0F PARIS, TEXAS BY SOUTHUdESTERN BELL TELEPHONE COh1PANY UIvDER FRA_"~CHISE ISSUED AND GRANTED BY THE CITY Or PARIS. VVHEREAS, Ordinance No. 1252, adopted by the City Council of the City of Paris on the 8th day of October, 1951, authorized and established certain rates and charges to be made by Southwestern Bell Telephone Company for various classes of service rendered in the City oi Paris by said company under franchise from said City; and, WHEREAS, by application dated October 20, 1954 duly filed with the City of Paris, presented vo and fully considered by the City Council, Southwestern Bell Tel.ephone Company has made formal applica- tion for an increase in local exchange rates and charges for the various classes of service; arid, GJHEREAS, extensive hearings on such application have been held and conducted by a committee of the Council under authorization of and from the Council, and report of its findings and recommendations duly made and submitted to the Council, iollowing which the Council by re- solution adopted on June 13, 1955 for:nally denied and rejected such application; and, _NHEREAS, Soui:hwestern 3e11 Telephone Company immediately following the action of the Couneil in denying such application for rate increases filed in the Sixty-Second Judicial District Court of Lamar County, Texas itsapplication and petition for a permanent in- junction wherein and whereby said company alleges that the telephone rates and charges authorized and established by the above mentioned ordinance No. 1252 have become confiscatoxy in that they do not allow and provide for a fair rate of return on the fair value of telephone company pronerty used and useable in connection with the operation and maintenance of the raris District Exchange, based upon which allega- tion the telephone company seeks under the protection of such injunc- tion to immediately place into effect a certain specified schedule of rates and charges for telephone services, which proposed schedule, rates and charges are, in the apinion of the Council, grossly excessive and will unquestionably produce earnings fcr the telephone company in excess of a fair rate of return on the fair value of the property of said company used and useable in connection with the operation and maintenance of the Paris District Exchange; and, u'JHER;A5, the nereinafter schedule of rates for local exchange telephone service will unquestionably produce for Southwestern 3e11 Telephone Company a fair rate of return on the fair value of such properties; and, WHEREAS, it is the opinion and belief of the City Council that the enactment and adoption of such hereinafter established schedule of rates and charges is in the best interests of the welfare of the City of Paris and telephone subscribers in said City in that the establish- ment cf the same is essential iri order to defeat the design and purpose of Southwestern Bell Telephone Company to place into effect a much higher schedule of rates and charges under the protection and authority of the permanent injunction which it seeks in the above mentioned suit pending in the Sixty-Second Judicial District Court of Lamar County, Texas; NOiU, THEREFORE: BE IT ORDAIPIED ?3Y THE CITY OOUNCIL OF THE CITY OF PARIS: Section 1. That Southwestern 3e1.1 Telephone Company be authorized and place inta effect on the lst day of August, 1955 the following schedule of rates for local exchange service in the Paris District Exchange in accordance with the provisi.ons of the Charter of the City of Paris and the franctlise granted to said company by said City, to-wit: