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db . . AGh <br />Agk A <br />Secsticm S. TYat thQ gra,ntee sha11, durl.nsg the li.f'e of said f"ranahiee, pa,y t.a <br />the vi ty of r ari ep st the of f3se of the.3 ty Searetary, in 2awi'u1 money of the UnS t+ed <br />Statee tvo (2) per aent of ttw gross reoeipts measured by the total f+ares ma3.Leeted <br />and other inaoaae derived Pron the operafiion of the taxdcab serviae, whioh araf.d re- <br />,ni.t#.anae sha1l be rnac3a monthly on or befora t,he seventh day of each oalendatir manth <br />for the preaeding oa2endar month. The cQmpsnsatian provided for in this section shall <br />be in lieu of ang ather fees, or eshargee, impoeed byr anq other ardizianoe now, or here- <br />after, in Paraa dur.in,g the ].ife hereof, but shall nat zeleaee the grezsLee from the <br />paymnt aP ad valorem taxes 2.eviad, or ta be levied, on praparty it owns. <br />Seation 6. It shall be the :luty of the grar:tee tQ #'il,e with the Am,,yar of the <br />aity c+i' Paris a sworn straternent showing all reoei.pts, Khiah said verified statemnt <br />sha11 be f3.led irithin five (5) daYs fol3crwing the snd of ea«h mon,th. The Grentee <br />herein sha3.1 be x7dquired to inet.al.l aru3 adequately keep esystem of baokkeeping ta be <br />approved by tle Ma,qcr, whi.ah trooks s2a7.1 be subjeat to i.nspestti.an of the gave*rn3.ng <br />badg of the 3ity Q.£ Paris and sursh personj, or persong,, as the 31ty of i:aris may deaig- <br />natao cr e3ther of them,, so as to euable the Ci",y of I'ar3s ta ahealc the correotnese <br />of the acaounts kept and tn order to enable it ta ctompute the arnawat of ths gross re- <br />aeipts trax that cnay be d;as to the City. <br />Any neg2eot, cani.ssion 4r refusal try aaid grantes to file aaid verified statsmenL <br />ox to psy the sai.d pexoentrage of the oid grvse rooe3.pte at the tirse or in the manner <br />herelnbef'ore providecl, shsll ipso faato work a forfeiture of aaid t'ranchiae and of a21 <br />r3.ghts thereunder ta the ;ity of y'aria. <br />5ecticm 7. The;ity of 'arI.e axpreesIy reserves the zight ta modify, amend, a1.ter.. <br />ehange car e2iminate any of the proviaians of this :'ranahise, durixig the :Life of the <br />samo for the follow5.ng purgases, to-wlt t <br />(1) To el.imd.riate or tlelete fram the asrne ouoh aoncliticns as then prove sbeolete <br />ar imgrsatiaa7.; <br />(2) Ta imposs suoh aEdditional conditfans ugcm the grrantee ae may 1he suat atxd <br />ressanable, suah canditf.ons to tse thoss as may be deemed neQessary f"or the puxpose of <br />inauritg edequate servias to the publie. <br />Seation 8. Yatwi.thetaadf.rg what may be said in any ather portion of thie inetru- <br />meat with reYerenao ta the tezRai.ne,tion thereof,, this right is granted subjeat to the <br />prozr3.sions of Artiole I, Settion 17 arui 26 of the ;onstitution nfi' the 5tatel the app].i- <br />eable state law$# ctharter prcyivisione# and such futtxre lawis as maY te enacted ty t.he <br />1,egislattue„ or a2nendments Lo the Oanatitution and the 'liharter of ithe ::ii;y of i%aris. <br />-2- <br />