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0 <br />LAW OFFICES <br />PORNELIUS T. WALKER <br />MOM"10WAL Ot". <br />Y6R0 BEACH. FLORIDA <br />of, its property devoted tt�* reto under efficient :and economical <br />manigement The burden of ahowing that a prospective service to <br />the area is not' financialyT feasible shall 'be the burden of the,* <br />Company. <br />E <br />SECT ION XIII,. <br />- r <br />The Company shall not sell or transfer its plant or <br />system to another nor transfer* any rights under this franchise <br />to another without the approval of the Board,. and provided <br />further that no such sale or transfer after such approval shall <br />be effective until the vendee, assignee or lessee has filed <br />with the Board an instrument in writing reciting the fact of <br />. such transfer and accepting the terms of this franchise and <br />agreeing to perform all of the conditions thereof. In any <br />event, this franchise shall not be transferrable and assignable <br />until notice or request for transfer and assignment shall be <br />given by the Company to the Board in writing, accompanied by a <br />request from the proposedtransferee, which application shall <br />contain information concerning the financial status and other <br />qualifications of the proposed transferee and such other <br />information as the Board may require. A public hearing shall <br />be held on such request of which notice shall be given by <br />publication in a newspaper regularly published in the County at <br />least one time not more than one month nor less than one week <br />preceding such hearing. Certified proof of publication of such <br />notice shall be filed with the Board. Said hearing may thereafter <br />be continued from time to,,,time as determined by the Board. The <br />consent by the Board to any assignment of this franchise shall <br />not unreasonably be withheld. <br />SECTIONXVV <br />The rates charged; by the tgxpany for its service hereunder <br />r i <br />shall be fair and re as on le :and delsigoed oto meet all necessary <br />costs of the tervido, "iri�lng° ai fain carte of return on, the net <br />valuatioirt :of its ptkopetrt *" devoted tYrere' o under efficienttv <br />and k <br />9 , <br />Aui z sRO <br />