[Prior Code 23-34]
There is hereby levied on and against each telephone utility company operating within the Town a tax on the occupation and business of maintaining a telephone exchange and lines connected therewith in the Town, and of supplying local exchange telephone service to the inhabitants of the Town. The amount of tax levied hereby shall be:
(1) 
For the portion of 1979 remaining after the date on which the tax begins to accrue as provided in Section 5-92, thirty cents ($0.30) per telephone account per month for which local exchange telephone service is provided within the corporate limits of the Town, on said date; and
(2) 
For each subsequent calendar year, thirty cents ($0.30) per telephone account per month for which local telephone service is provided within the corporate limits of the Town, on the anniversary of the date on which the tax begins to accrue as provided in Section 5-92.
[Prior Code 23-35]
The tax levied by this Article shall begin to accrue on November 1, 1979, and shall be due and payable in two (2) equal monthly installments for the remaining portion of the year 1979. The tax shall then be payable in quarterly paid installments due by February 29, May 31, August 31, and November 30 for all the years subsequent to 1980.
[Prior Code 23-36]
Within thirty (30) days after the date on which the tax begins to accrue as provided in Section 5-92, each telephone utility company subject to this Article shall file with the Town Clerk, in such form as the Town Clerk may require, a statement showing the total telephone accounts for which local exchange telephone service was provided within the corporate limits of the Town on said date. Such statement shall be filed within thirty (30) days after each anniversary of the date on which the tax begins to accrue, showing such accounts on the anniversary date.
[Prior Code 23-37]
If any telephone utility company subject to the provisions of this Article shall fail to pay the taxes as herein provided, the full amount thereof shall be due and collected from such company, and the same together with an addition of ten percent (10%) of the amount of taxes due shall be and hereby is declared to be a debt due and owing from such company to the Town. The Town Attorney upon direction of the Town Council shall commence and prosecute to final judgment and determination in any court of competent jurisdiction an action at law to collect the said debt.
[Prior Code 23-39]
The Town, its officers, agents or representatives shall have the right at all reasonable hours and times to examine the books and records of the telephone utility companies which are subject to the provisions of this Article and to make copies of the entries or contents thereof.
[Prior Code 23-40]
The tax herein provided is upon occupations and businesses in the performance of local functions and is not a tax upon those functions relating to interstate commerce. It is expressly understood that none of the terms of this Article will be construed to mean that any telephone utility company is issued a franchise by the Town.
[Prior Code 23-41]
The tax herein provided shall be in lieu of all other occupation taxes or taxes on the privilege of doing business in the Town on any telephone utility company subject to the provisions of this Article and in addition shall be in lieu of any free service furnished the Town by any such telephone utility.
[Prior Code 23-42]
All offenses committed and all liabilities incurred prior to the effective date of this Article shall be treated as though all prior applicable ordinances and amendments thereto were in full force and effect for the purpose of sustaining any proper suit, action or prosecution with respect to such offenses and liabilities. All taxes, the liability for which has been accrued under the terms and provisions of Ordinance No. 235 on or before the effective date of this Article shall be and remain unconditionally due and payable, and shall constitute a debt to the Town, payable in conformity with the terms and provisions of said Ordinance No. 235 prior to the adoption of this Article; and all of said terms and provisions of Ordinance No. 235 shall be and remain in full force and effect for the purpose of the collection and payment of any and all such taxes due and payable thereunder, notwithstanding the provisions of this Article.