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S <br /> pipes that have been laid down heretofore in said streets, avenues, <br /> alleys or public places under the authority of the city, and the <br /> system of pipes to be laid down by the grantee hereunder shall be <br /> first class in every respect; and the said grantee, its successors <br /> and assigns, shall have the right to charge and collect reasonable <br /> compensation from all persons and corporations to whom it shall <br /> furnish steam, water, heat for any of the purposes authorized by this <br /> ordinance. <br /> Section 4: <br /> The rights and privileges granted in this ordinance shall <br /> not be exclusive, but the city may grant such rights to any person or <br /> persons, or corporations, and to make any number of such grants and <br /> said city reserveel the right to use said streets, avenues, alleys and <br /> public places itself, for a such purposes. <br /> Section 5: <br /> The right, privilege and franchise herein granted shall <br /> continue and be in force for the term of twenty-five years (25) from <br /> the date of the enactment of this ordinance and this franchise shall <br /> have no effect after said date. <br /> Section 6: <br /> In consideration of the rights herein granted the said <br /> grantee, its successors and assigns agrees to pay to the City of <br /> Everett, annually, a sum of money equal to two per cent of the gross <br /> earnings from the operation of and the sale of the products of the <br /> pipe lines herein mentioned, this payment to be made upon the sworn <br /> statement of grantee, his successors or assigns, to be filed with <br /> the City Clerk, and the city clerk or any committee appointed by the <br /> city council for that purpose, shall have the right to examine the <br /> books of the grantee, its successors and assigns and to verify the <br /> correctness of said statement, and to correct the same if found <br /> erroneous; and if said statement shall be corrected, then said pay- <br />