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SECTION XI (a) Subject to the provisions of Section XI (b) the Corporation shall furnish, supply, install and make available to any and all persons within the territory making demand therefor, its public water system and its public sewerage system, and shall provide such demanding person with its services and facilities; provided, however, that the Board may, upon application of the Cornnraf_;nn, extenr7 time fnr providing such service to such demanding person. In the event the Corporation fails to provide its services and facilities either as a water system or sewerage system or both to any area within the territory within the time specified by the Board, then in such event the County may, by resolution of the Board, limit, restrict and confine the territory to that area then being serviced by water and/or sewerage by the Corporation or such greater area as the Board shall determine; and thereafter, the territory shall be only the area set forth, in the resolution by the Board. (b) The Corporation shall not be required to furnish, supply, install and make available its public water and/or sewerage systems to any person within the franchise area unless the same may be done at such a cost to the Corporation as shall make the addition proposed financially feasible. Financially feasible shall mean that a fair and reasonable rate to be charged by the Corporation for all its services under this franchise; that such rate of return on the net valuation of its property devoted thereto under efficient and economical management. The burden of showing that a prospective service to the area is not financially feasible shall be the burden of the Corporation. The Corporation or its shareholders shall not sell or transfer its plants or systems or corporate stock to another or transfer any rights under this franchise to another without the approval of the Board. No such sale or transfer after such ERM