Analysis of the Traction Ordinance
Analysis of the Traction Ordinance
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) A special assessment ordinance for subway construc- tion is now in course of preparation and will be presented for passage promptly after the acceptance of the pending Ordinance. The subway pro- gram will be pushed to completion with all due diligence, following the approval of the new traction Ordinance on the referendum vote.
EXTENSIONS, ADDITIONS AND IMPROVEMENTS The general supervision of service, including extensions, additions and improvements of the comprehensive, unified local transpo...rtation system, is vested by the statutes of Illinois in the Illinois Commerce Commission and that control will pass to the Chicago Transit Commission when such a commission is created by the City after the new Ordinance becomes effective. The enabling act authorizing a terminable permit expressly provides, how- ever, that — : "In addition to the provisions as to purchase by the municipality or its permittee, a terminable permit may contain any other terms and conditions (including but not limited to reasonable provisions for specified extensions, and additions to lines and facilities, the retirement of investment by amortization or otherwise, or for com- pensation for the use of public property, computed either by some - proportion of the receipts from the operation of the property of the grantee, or otherwise) not contrary to or inconsistent with this act or with the lawful exercise of the power of the State to regulate public utilities; and any court of competent jurisdiction shall have power to enforce the provisions of this paragraph by means of in- junction, mandamus, or other appropriate proceeding.
What to read after Analysis of the Traction Ordinance?
You can find similar books in the "Read Also" column, or choose other free books by Fisher, Walter L. (Walter Lowrie), 1862-1935 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
) A special assessment ordinance for subway construc- tion is now in course of preparation and will be presented for passage promptly after the acceptance of the pending Ordinance. The subway pro- gram will be pushed to completion with all due diligence, following the approval of the new traction Ordinance on the referendum vote.
EXTENSIONS, ADDITIONS AND IMPROVEMENTS The general supervision of service, including extensions, additions and improvements of the comprehensive, unified local transpo...rtation system, is vested by the statutes of Illinois in the Illinois Commerce Commission and that control will pass to the Chicago Transit Commission when such a commission is created by the City after the new Ordinance becomes effective. The enabling act authorizing a terminable permit expressly provides, how- ever, that — : "In addition to the provisions as to purchase by the municipality or its permittee, a terminable permit may contain any other terms and conditions (including but not limited to reasonable provisions for specified extensions, and additions to lines and facilities, the retirement of investment by amortization or otherwise, or for com- pensation for the use of public property, computed either by some - proportion of the receipts from the operation of the property of the grantee, or otherwise) not contrary to or inconsistent with this act or with the lawful exercise of the power of the State to regulate public utilities; and any court of competent jurisdiction shall have power to enforce the provisions of this paragraph by means of in- junction, mandamus, or other appropriate proceeding.
What to read after Analysis of the Traction Ordinance?
You can find similar books in the "Read Also" column, or choose other free books by Fisher, Walter L. (Walter Lowrie), 1862-1935 to read onlineMoreLess
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