721.16 RESTRICTIONS ON FRANCHISE SALE OR ASSIGNMENT.
   The right and privileges granted herein shall not be sold, leased, assigned or transferred by the Company except to companies under common control with the Company without the prior written consent of the Village. Further, no sale, lease, assignment or transfer shall be effective until the vendee, lessee, assignee or transferee has filed with the Village its acceptance of the terms of this grant.
(Ord. 396-12-70. Passed 12-8-70.)