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grantees herein.
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<br /> Section 14. That motor vehicles operated by grantees under this franchise shall be known
<br />as "public service vehicles" and, when not in use in the exercise of the privileges granted herein,
<br />shall be stationed or parked at the headquarters of the grantees, which headquarters shall be
<br />located on private property.
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<br /> Section 15. That the word "taxicab," as used in this ordinance, shall mean any passenger
<br />vehicle with not more than three rows of seats and a normal capacity not in excess of seven
<br />passengers which is not operated over a fixed route or routes and which is engaged for the purpose
<br />of carrying a passenger, or passengers, by special trips to and from specified addresses as
<br />designated by any such passenger or passengers.
<br />
<br /> Section 16. That the grantees shall promptly pay all lawful ad valorem taxes and such
<br />other levies and assessments, if any, that may be lawfully imposed upon them. Failure to pay any
<br />of such charges, or either of them, shall be deemed a breach of the privilege granted herein, and
<br />the City, upon the happening of such event, may declare the rights of the grantees hereunder
<br />forfeited for such breach.
<br />
<br /> Section 17. This grant is made upon the express condition that the non-exercise of the
<br />power to regulate rates and charges which the grantees may charge to the public in the operation
<br />of their business shall never be construed as an acquiescence or recognition of the jusmess or
<br />correctness of said grantees' established rate, and that, so long as the City Council of the City of
<br />Paris does not exercise its legislative and governmental power to fix and regulate the rates that the
<br />grantees shall charge to the public, the question of property values used and useful in the rendering
<br />of the service prior to rate regulation shall never stop the City from determining the real or actual
<br />value of property used or useful in rendering such service. If, and when, the City Council or
<br />other governing body shall exercise the power to fix the rates to be charged for such service in the
<br />City of Paris, no allowance in the way of said rate shall be made as compensation for any property
<br />used or consumed in rendering the service by the grantees for such service. If, and when, the City
<br />Council decides to regulate rates, then, at such time, the Council will fully exercise its rate
<br />regulatory power under the provisions of law applicable thereto, and the failure to provide under
<br />this ordinance the machinery for the administration, legislative, or executive control of such matter
<br />shall not preclude the Council from fully exercising that power and providing suitable provisions
<br />to enforce such power.
<br />
<br /> Section 18. That, should it be determined that any clause, condition, or covenant of this
<br />franchise is, for any reason, illegal or unenforceable, such clause, condition, or covenant shall be
<br />disregarded, and the existence of the same shall not affect the remaining clauses, conditions, or
<br />covenants of this franchise.
<br />
<br /> Section 19. That any unwarranted and intentional neglect, failure, or refusal of the
<br />grantees to comply with any of the conditions and stipulations contained in this franchise shall
<br />thereupon immediately, ipso facto, effect a forfeiture hereof, and the City Council may,
<br />thereupon, declare this franchise forfeited and may exclude the grantees from further use of the
<br />streets of the city under this franchise, and the grantees shall thereupon and immediately surrender
<br />all rights in and to the same, and this franchise shall become null and void and of no effect.
<br />
<br /> Section 20. That the grant of this franchise shall be and is hereby expressly conditioned
<br />upon the right of the City Council to adopt an ordinance or ordinances regulating the activities
<br />authorized herein, and upon adoption of said ordinance or ordinances, the City Council reserves
<br />the right at its discretion to supersede this ordinance with the requirements of said regulatory
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