The company shall, within 30 days after July 9, 1980, file in the office of the Town Clerk a written acceptance of this franchise. Failure on the part of the company to file that written notice within the time shall be deemed an abandonment and rejection of the rights conferred hereby and this franchise shall thereupon be null and void. The acceptance shall be unqualified and shall be construed to be an acceptance of all the terms, conditions and restrictions contained in this franchise.
('85 Code, § 4-7-4) (Ord. 1980-1, passed 7-9-80; Am. Ord., passed 3-9-83)