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o?six ($6.00) dollars per annum on all telephones installed in like manner in r.Fourth, e�h additional five hundred, or frac- pati T thereof. ma - and the person, partnership re - corporation to whom said franchise —,her s granted or awarded, his its suc- hinr pessors or assigns, shall during the of Por of Colton in lawt'ul money the City nts at united States t y of thein - at _• - _ L . _ .__ - Eb ?ru es - eta aty Is RS :he Ab As ry 'M 30 cent) of the gross �0 per cent (2 per aid such grantee, his or its successors or assigns, arising from the use, opera- 4ed tion or possession of said franchise. Ise ,No percentage shall. be paid for the is first five years succeeding the date of nt the franchise but thereafter such per- centage shall be payable annually. 1b The amount of the gross anneal re -'n ceipts of the person, partnership or corporation to whom said franchise is granted or awarded, arising from its use, operation or possession, shall be deemed and understood to be the total gross earnings collected or re- ceived, or in any manner gained or derived by grantee of said franchise, his or its successors or assigns, from telephone and telegraph charges orl entals, and from leasing or letting of lines or poles. And it shall be the duty of the grantee of said fran�l i& big or ito v—P-1 SL,. an -6 -10 -IL with the City Clerk of the City of Col- ton at the expiration of six years from the date of the granting of said fran- chise, and at the expiration of each and every year thereafter, a statement verified by the oath of said grantee, his or its successors or assigns, or by the oath of the manager or presiding officer o� said grantee, his or its suc- cessors r assigns, showing the total gross receipts and gross earnings col- (ected or received, or in any manner gained or derived by said grantee, his or its successors or assigns, during the preceding twelve months from telephone and telegraph charges and rentals, and from leasing or4etting of after the time for tiling the aforesaid 8 statement it shall be the duty of said grantee, his or its successors or assigns, to pay to the City Treasurer of the aggregate sum of F. said percentage up�m the, amount of �y gross annual receipts arising from the QP o► ie mannerlrereini�efore pro vd And, any neglect, omission or refusdedal hilly said grantee, I or. asst ns his or its successors . .to file said verified state - _10r or in the manner herein e ore vided, shalt work the forfeiture of )f I franchise herein proposed to be e granted, and of all rights thereunder .; to the City of Colton. ly Fifth, the grantee of said franchise shall within five days after such fran- I cbise'is awarded file with the Board f Trustees of said Uty er bond running to said Cit 'n least two good and sufficient withsuretat re to be approved by said Board of Trus - a. id tees in the penal sum of one thousand ur ($1,000.00) dollars conditioned that ie said grantee, his or its successors or ►y assigns, shall expend ly the sums of money within the times respectively, and for the purposes as stated in paragraph first of this franchise pro- vided. And that r„ -a - .