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this franchise is awarded to any person, company or corporation other than the present owner of the telephone system in the Town, such successful bidder shall, in addition to executing the bond required by Section 9 at the time such bid is accepted, execute and deliver to the Town a bond in the penal sum of Fifty Thousand Dollars ($50,000.00) with security to be approved by the Town's Attorney of the Town of Washington, in favor of the Town of Washington, conditioned upon having in operation a modern dial telephone system of sufficient size to provide for the telephone requirements of the Town, with long-distance toll connections, immediately upon cessation of service by the present operator. .. SECTION 11. Nothing in this franchise shall be construed to mean that this is an exclusive franchise, as the Town Council reserves the right to grant additional telephone franchises to other parties.
SECTION 12. All ordinances and parts of ordinances in conflict herewith are repealed.
SECTION 13f. This ordinance shall be effective upon its passage.
Adopted by the Council
J. Newbill Miller Copy Teste: Dorothy P. Clater Clerk of the Council
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