Section 6012 Of Article 1. Manner Of Granting From California Public Utilities Code >> Division 3. >> Chapter 1. >> Article 1.

. If the franchise granted is an extension of an existing street railroad system, the gross receipts shall be estimated to be one-half of the proportion of the total gross receipts of the system which the mileage of this extension bears to the total mileage of the whole system. This estimate is conclusive as to the amount of the gross receipts of the extension.