HomeMy WebLinkAboutOrdinances Book 6, Page 103, No Ordinance NumberAN ORDINANCE
EXEMPTING THE A.D.DICKERSON TOBACCO COMPANY FROM THE PAYMENT OF
MUNICIPAL AD VALOREM TAXES TO THE CITY OF PADUCAH, KENTUCKY, FOR A PERIOD OF FIVE
YEARS.
Be it Ordained by the General Council of the City of Paducah, Kentucky.
Section 1. That from and after the passage, approval and publication of this ordin-
&neep the A.D,Djckeraon Tobacco Company, a Manufacturing company of leaf tobacco, of
the City Of Paducah, Kentucky, 'hall be exempted from ;he payment of municipal ad
valorem taxes to the City Of Paducah, Kentucky, for & period of five (5) yeara,'
oubject howevery to the following terns and conditions; First- That the said A.D.
Dickerson Tobacco COPP&ny shall at all times during said five (5) year period con-
tinue to OPergl'-e its Plan with a force of not Ions than (10) people, provided, how-
ever, that this condition shall not apply when said factory is shutdown or closed by
reazon of, O.-? revulting fro, -1 any accident, mishap, breakage to thj machinery, fires.
unwvoidable oa.-u&jtiec,, utrikes, riota or mobs, or such tompory chutdom, ao r -,y be
necessary to enable the raid corpany to un—ze contemplated changes in the location
of its machinery or the installation of now machinery, or other necoosary repairm or
changeog or for such period of time as the exigencies of the buisne3s operated by
the said company usually required in the conduct of a zimilar buisnesz.
Section 2, Should the Paid A.D.Dickernon Tobacco Company fail or refuse at any time
durbng the said five (5) year :period to comply vdth all or any of the conditions
above anu"Rerated in this ordinance, then said cxeiptions from of valorem taxes herein
granted -shall immediately cease, and thereafter said A.D.Dielzerson Tobacco Company
shall be liable for the payment of taxes as if this ordinance had never boan, adopted.
Section, 3, This ordinance shall take 'eff,3ct and be in force frora and after its pass-
age approval and publication.