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• <br /> forfeiture hereof, and City, by its City Council, may thereupon declare this <br /> license forfeited and terminated, and may exclude Licensee from further use of . <br /> the public streets, ways, alleys and places of City under this license Agree- <br /> ment; and Licensee shall thereupon surrender all rights in and to the same, and <br /> this license shall be deemed and shall remain null, void and of no effect. <br /> • 15. Licensee, during the life of this license, shall keep on file-with <br /> the City Clerk and maintain in good standing a bond.naming City as obligee with <br /> a duly qualified corporate surety, in the amount of Five Thousand Dollars ($5,000), . <br /> and conditioned that Licensee shall well and truly observe, fulfill, and perform <br /> • <br /> each term and condition of the license, and that in case of any breach of con- <br /> dition of such bond, the whole amount of the said sum therein named shall be <br /> deemed to be liquidated damagee.and shall be recoverable from the principal and <br /> sureties upon said bond. Said bond shall be filed by Licensee with the City Clerk. <br /> within five (5) days after execution of this Agreement. <br /> 16. The provision of this license and all rights, obligations and duties <br /> hereunder shall inure to and be binding upon Licensee, its auccessore and assigns.' <br /> • IN WITNESS WHEREOF, the parties hereto, City by and through its Mayor first <br /> duly authorized, and Licensee by and through duly authorized and qualified officers' <br /> • <br /> or agents thereof,'have hereunto set their hands the day and year first above' <br /> written.. • <br /> CITY OF SAN LEANDRO, a municipal <br /> corporation <br /> By <br /> 'tick 1. Malteater, Mayor <br /> • <br /> • <br /> / / z /-GCS, <br /> Richard H. West, City Clerk • <br /> SOUTHERN PACIFIC PIPE LINES, INC. <br /> By < {c <br /> President and General Manager • <br /> ATTEST: <br /> LUCULON Waal C• • <br /> a,r„tass Blatant Secretary • <br />