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Indiana Michigan Power Company, its successors and assigns (hereinafter
called "grantee") is hereby granted the right, privilege, franchise,
and authority to acquire, construct, maintain, and operate in, above,
under, across, and along the streets, thoroughfares, alleys, bridges,
and public places (as the same now exist or may hereafter be laid
out) of the Village of Stevensville, Berrien County, State of Michigan,
lines for the transmission and distribution of electric energy, either
by means of overhead or underground conductors, with all the necessary
or desirable appurtenant equipment (the "Facilities"), to render public
utility service in said Village and to the inhabitants thereof by
supplying electric energy to said Village and the inhabitants thereof,
and persons or corporations beyond the limits thereof for all purposes
for which electric energy is now or may hereafter be used, and the
transmission and distribution of the same within, through, or across
said Village of Stevensville, Berrien County, State of Michigan, subject
to such reasonable regulation of the placement and operation of the
facilities as the Village Council shall prescribe from time to time
and as is permitted under applicable state law.
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