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The council shall cause to be kept in the office of the town clerk an indexed franchise record in which shall be transcribed copies of all franchises heretofore and hereafter granted. The index shall give the name of the grantee and any assignees. The record, a complete history of all such franchises, shall include a comprehensive and convenient reference to all actions at law affecting the same and copies of all annual reports and such other matter of information and public interest as the council may from time to time require.