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<br />may designate, or either of them, so as to enablo tho governing body of the City of
<br />Paris to check the correctness of the records kept and in order to enable it to com-
<br />pute the amount of the gross receipts a.nd of the street rental charge due to the Ci.tyo
<br />a~Eclsorl 3o The provisions of this ordinan.ce ase declared to be in aceord with
<br />each and every Yranchise heretofore granted to any person, firm, association or corpor-
<br />ation by the City of Paris to operate a taxicab service on the streets, alleys and pub-
<br />lic crays vri.thin the City T.imits of the City of Paris, for transporting passengers, as
<br />to amount of payments, time for payment and the computation thereof, and nothing herein
<br />shall be construed as i.mpairing o,- alterin.g in any wfzy the provisions relating to pay-
<br />ments in any con.tracts, agreements, or franchises n.ow in eXistence, or hereafter -made
<br />between the City of Paris and the owners or oparators of Motor vehicles transporting
<br />passengers for hire, it being expresslq declared that the term "gross receipts taa"
<br />as used in each and every Pranchise heretofore grantod to any person, firm, association
<br />or carporation to operate a taxicab service on the street, alleys and nublic waP vjithin
<br />the City Limits of the City of Paris, for transporting passenCers, shall and does on
<br />and from the date of the passage of this ordinance mean and desimate trxe street rental
<br />charge herein and hereby levied and ordered collected.
<br />aTCTION J+. Anq ner-lect, omission or refusal by anp person, firm, association or
<br />corporation to file the verified statement renuired by Section 2 hereof, or to pay the
<br />percentage of the gross receipt5 at the time or in the manner herein provided, shall
<br />ipso facto work a f'orfeiture of any franchise theretofore granted to such person, firm,
<br />association or corporation an.d of all rights thereunder to the City of Paris, and the
<br />City Council of the City of Paris shall, at the nex't Regular or Speeial session of said
<br />City Council aYter such ne;lect, ornission or refusal, declare any such fran.chise for-
<br />feited and cancelled, and repeal the ordinance granting such franchise, without notice
<br />to the holder or holders of said franchise, this ordinance bein,g; hereby declared to be
<br />notice to all such persons, firms, associations or corporations that the action above
<br />direct6d vrzll and shaZl be taken in the event of any such neglect, omission or refusal,
<br />unless said holders of said franchise shall appear before the Citp Coimcil at the next
<br />Regzlar or Special meeting of said City Council and make satisfactory proof that all
<br />payments then due, together vrith the penalty prescribed in this ordinan.ce have been
<br />fully paid to the City Secretary of the City of Pariso
<br />aECTION 5o In the event payment of the street rental charge herein and hereby
<br />levied is not made on or before the seventtz dasT of any calendar month for the preeeding
<br />calendar month, the person, firm, association or corporation so failing to make payment,
<br />and/or their heirs, successors or assims, shall be and are hereby required to pay a sum
<br />equal to ten (10;0) per cent ot the amoun.t due as a penalty for the neglect, omission or
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