Appendix - Conditions of sale of the Street Railway Franchise of the City of Toronto, as adopted by the City Council May 5th, 1891.
Author | C. Ian Kyer |
Pages | 177-186 |
Appendix
CONDITIONSOFSALEOF
THESTREETRAILWAYFRANCHISEOF
THECITYOFTORONTO
ASADOPTEDBYTHECITYCOUNCIL
MAYTH
Theprivilegetobedisposedofistheexclusiverightsubjectasherein
after provided) to operate surface street railways in the City of Toronto
exceptingontheIslandandonthatportionifanyofYongestreet
fromtheOntarioandQuebecrailwaytrackstothenorthCitylimitsover
which the Metropolitan Street Ra ilwayCompany claim s an exclusive
right to operate such railways and the portion (if any) of Queen street
west (Lake Shore Road) over which any exclusive right to operate surface
street railways may have been granted by the Corporation of the County
of York — for a period of twenty years, which shall be renewed for a
further period of ten years in the event of legislation being obtained to
enable this to be done; and the City will as sist in endeavouring to secure
such leg islation.
aOver those por tions of Yonge street and Queen str eet west Lake
Shore Road) above indicated, the purchaser shall have an exclusive
right to operate surface street railways, so far as the City can legally
grant the same.
Thepartywhosetenderisacceptedandwhoishereincalledthepur
chasermusttakeoverallthepropertytobeacquiredbytheCityfrom
the Toronto Street Railway Company, as it stands on the date of the
acceptance of the tender, including the rails, points and substructures
of all tracks now laid, real estate, buildings, shops, rolling stock, horses,
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