My story . LAST DAYS OF THE FIGHT 291 shall have power from time to time to fix the rates, notexceeding the maximum. This rate must not impair theability of the company to earn sufficient money to meetall expenses and pay six per cent, dividends; and if thecompany refuses to turn its property over to a purchaser,when the city so decides, then the council is given powerto forfeit the franchise. After the Tayler grant was approved at the referendumelection the receivers turned the property over to the oldcompany and since March i, 1910, it has been operatedby them under the supervision of a stre
My story . LAST DAYS OF THE FIGHT 291 shall have power from time to time to fix the rates, notexceeding the maximum. This rate must not impair theability of the company to earn sufficient money to meetall expenses and pay six per cent, dividends; and if thecompany refuses to turn its property over to a purchaser,when the city so decides, then the council is given powerto forfeit the franchise. After the Tayler grant was approved at the referendumelection the receivers turned the property over to the oldcompany and since March i, 1910, it has been operatedby them under the supervision of a street railway commis-sioner appointed by the mayor. The man appointed tothis position, Gerhard Dahl, was the Republican candidatefor city solicitor defeated by Mr. Baker at the last mu-nicipal election. The cars are still operating at the initial rate of fareprovided in the Tayler grant, three cents with a penny fortransfers.* Any disposition on the part of the companyto raise the fare has been promptly discou
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