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1 Section 6: That the said City of Everett shall retain the same control over the <br /> 2 streets, avenues, alleys or other public grounds on which said railroad shall be laid down <br /> 3 as over other like places in said City, and shall have the right to regulate the speed of <br /> 4 trains within the limits of the right of way herein granted. <br /> 5 Section 7: That the said Company, a corporation, in and by accepting the <br /> 6 benefits of this ordinance, covenants for itself, its successors or assigns, that it and <br /> 7 they will hold and save the City of Everett harmless from or against any damages, costs <br /> 8 or expenses recovered against the said City by reason of the design, construction, <br /> 9 negligent operation or maintenance of the said railroad including, but not limited to, <br /> 10 signs and signal devices and shall defend any suit brought against the said City of <br /> 11 Everett, based upon damages suffered or sustained by abutting property owners or other <br /> 12 third parties by said design, construction or negligent operation or maintenance of said <br /> 13 railway upon, along or across said street and alley or other public grounds. <br /> 14 Section 8: That the said grantee, or its successor or assigns, shall be deemed <br /> 15 to have forfeited and abandoned all privileges and franchises conferred by this <br /> 16 ordinance unless it shall, within six (6) months after the taking effect of this ordinance, <br /> 17 file in the office of the City Clerk a copy of a resolution duly adopted by its Board of <br /> 18 Directors, or by the Executive Committee or Finance Committee of such Board, <br /> 19 thereunto duly authorized, which resolution shall be duly certified and attested by the <br /> 20 Secretary under its corporate seal, accepting the benefits of this ordinance and the <br /> 21 rights, privileges and authorities hereby granted, subject to all the conditions, restric- <br /> 22 tions, specifications and requirements herein expressed. In lieu of such resolution, the <br /> 23 grantee may, within the time aforesaid, file with the City Clerk a written acceptance <br /> 24 signed by any corporate officer thereunto duly authorized; provided such aceptance <br /> 25 shall be accompanied by evidence of such officer's authority duly certified and attested <br /> 26 by the Secretary or Assistant Secretary of the corporation. <br /> 27 Seciton 9: That if the said grantee, or its assigns, shall at any time fail or <br /> 28 neglect for the period of ninety days to comply with the conditions of this ordinance <br /> 29 (other than Section 8 hereof), it shall be lawful for the City Council of said City (unless <br /> 30 such failure shall be the result of, or be caused or produced by accident, the elements, <br /> 31 <br /> 32 -3- <br />