Gas Company. Every person engaged in the business of furnishing
gas or gas service in the City of Stockton, Missouri, shall, not less
than one (1) time per year, make a report to the Governing Body of
the City of its gross receipts for the sale of gas for domestic and
commercial purposes within the corporate limits of said City for the
past twelve (12) months and at the time of making the report pay into
the City Treasury a percentage sum as agreed upon by contract with
the City Board of Aldermen. Grantee agrees to recognize said percentage
as an occupation and license tax, which is a valid tax, and make said
payment during the contract period. The City Board is empowered to
enter into a contract as agreed upon by a vote of the registered voters
of the City of Stockton.