OCR Text |
Show PAYS ON EARNING BASIS Utah Valley Gas and Coke Company Con tributes to Revenue of Provo Special to The Tribune PRO'V O March 2 Tl e first revenue received b the city 01 the basis of earn IngH from t o I ol iers of a frai chlse has been paid by the Utah alley Gas and Coke company It Is a oheck for $60 94 being 1 per cent of the gross earnings of the company for the first year of its op era ion Under the terms ot the fran chlse the company pays on Its gross earnings annually 1 tr cent for the first fl o years, 1 per cent for the second fl e jears per cent for the third fl e years and for the remaining ten jears of Its franchise 24 per cent annually |