4413C •
ORDINANCE NO. 4413 .
'� ar
SAN ORDINANCE TO BEIRA= THE BOND OF THE LITTIS ROCK
Pn BLUFF AND EASTERN TRACTICK CCUPANY, PROVIIZD FOR IN ORDI-
CE Nth 20369 GRANTING A. FRANCHISE TO SAID COMPANY TO OPMATZ
ITS nMOURSAN STREET RAS? MAY LINES OVER CERTAIN STREETS IN TH3
62T'Y , O$ - LITTIZ. ROCK.
WHEREAS, Ordiance Number 2036 of the City of Little
Rock, passed January 5th, 1914, granted to the Little Rock Pine
Bluff and Eastern Traction Company a right -of -sway over certain
streets in the City of Little Rock, for the construction, opera-
tion and maintenance of its interurban railway lines, and
WHEREAS, Ordinance Number 2859 of the City of Little
Rocks passed on October 10th, 19219 . extended the time for the
beginning of work two yeare, and the time for completion thereof
six years from the date of its passage, and
�l1�RI�AS, the extension of time granted has long since
passed, and the rights of the grantee thereunder have ceased and
determined, and said &anchise has become null and void.
NOW, THEREFORE, 13E IT ORDAINED BY THE CITY COUNCIL
OF LITTLE ROCK:
Section 1. That the bond of the Little Rock Pine
Bluff and Eastern Traction Company in the sum of One Thousand
Sollars ($19000) having expired, is hereby released and discharg-
ed; and any cash deposit made in lieu of said bond with the
Southern Trust Company,
now the American Southern T-r us t Company,.
is hereby ordered and directed to be repaid or refunded to said
Company, and its sureties.
,Aw . .
Section 2. That the City Clerk be, and he here-
by is, directed to deliver to the said American Southern Trust
Company a certified copy of this ordinance and execute to it
in behalf of the City of Little bock such receipt or discharge
as may be proper and necessary to release any funds held by it
in escrow, in lieu of said bond.
Section 3. This ordinance shall take effect and be
in force from and after its passage, and upon its acceptance
by said Little Kock Pine Bluff and Eastern Traction Company, to
be endorsed upon the margin of the record hereof.
Passed: April 1,
C i l e rk.
1929, -
Approved:
M a y o re