If the grantee shall fail to comply with any of the provisions of this chapter, or default in any of its obligations; except for cause beyond the reasonable control of the grantee, and shall fail within 60 days after written notice from the town to correct the default noncompliance, the Board of Aldermen shall have the right to revoke the franchise granted herein and all rights of the grantee thereunder.
(Prior Code, § O-I-17)