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power service, at reasonable rates, and at rates that are presc. i»3d, authorised and approved by the State Corporation Commission of Virginia, and that it will maintain its properties, works and structures locfated within the Town of Washington in good order throughout the term of this grant. Section 7. All the rights and privileges hereby granted to said grantee may be exercised by any successor or successors, assignee or assignees of the said grantee, but said successor or successors, assignee or assignees, shall be subject to all the provisions, obligations, stipulations and penalties herein prescribed.
Section 8. The rights and privileges hereby granted shall continue for a period of twenty-four (24) years, beginning June 27, 1959, and ending June 27, 1983, unless the same be sooner voluntarily surrendered by the said grantee, or unless the same be sooner forfeited as provided by law.
Upon the expiration of the term of this grant and upon the termination of the rights hereby granted, by surrender, forfeiture, or otherwise, all of the poles, wires, conduits, lines and other property of the said grantee in the streets,
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