§ 15-101. Franchise granted  


Latest version.
  • The right, privilege and franchise, subject to each and all of the terms and conditions contained in this chapter, and pursuant to the provisions of the Franchise Act of 1937, is hereby granted to Southern Counties Gas Company of California, a corporation organized and existing under and by virtue of the laws of the State of California, herein referred to as the "grantee," to lay and use pipes and appurtenances for transmitting and distributing gas for any and all purposes, under, along, across or upon the streets of the city for an indeterminate term or period from and after the twenty-second day of July, 1954, that is to say, this franchise shall endure in full force and effect until the same shall, with the consent of the Public Utilities Commission of the State of California, be voluntarily surrendered or abandoned by its possessor, or until the State of California or some municipal or public corporation thereunto duly authorized by law shall purchase by voluntary agreement or shall condemn and take under the power of eminent domain all property actually used and useful in the exercise of this franchise and situate within the territorial limits of the state, a municipal or public corporation purchasing or condemning such property, or until this franchise shall be forfeited for noncompliance with its terms by the possessor thereof.

(Code 1960, § 7401)