638

LAWS OF MARYLAND.

land, and the supplements and amendments thereto; the said

Article being the Article providing for the formation, powers

and regulations of corporations, so far as the same may not

be inconsistent or in conflict with the special or general regu-

lations or provisions, powers, rights and advantages conferred

or intended to be conferred by this Act, and that said corpora-

tion shall especially have the power to acquire land or rights

and easements therein or thereon by purchase or by condemna-

tion under the regulations and provisions set forth in said Arti-

cle 23, of the Code of Public General Laws and the amend-

ments or supplements thereto.

To borrow
money and

SEC. 6. And be it enacted, That the said body corporate shall

issue bonds.

have the power to borrow money in such sums as may be

necessary or proper to enable it to carry out its corporate

purposes and to issue its bonds or other obligations for the

money so borrowed, and to secure payment of the same by

a mortgage or mortgages, or by deed or deeds of trust of any

part or all of its corporate property and franchises, and that

the said corporation duly incorporated shall have the right

to levy and collect tolls, rents or charges or to contract for

the same, for the use of its said lines, exchanges, apparatus,

service and facilities, and for the transmission of messages,

intelligence or information, whether with or without wires or

by other means or systems as aforesaid.

Can unite with

SEC. 7. And be it enacted, That the said body corporate

other tele-
phone com-

shall have the right and power at any time to unite or con-

panies.

solidate with any other telephone company or companies which

may be incorporated for the purposes set forth in this Act,

or which may be authorized to exercise the powers conferred

on the corporation hereby incorporated, whether such com-

pany or companies shall have been heretofore or shall be

hereafter incorporated by virtue of or by the general laws of

this State, or by any special law or Act, and any such com-

pany or companies with which the corporation hereby in-

corporated is by this Act authorized to unite or consolidate are

hereby equally authorized to unite or consolidate with the

corporation by this Act incorporated. The power to con-

solidate conferred by this Act shall include the power to fix the

terms of such consolidation, the amount and character of the

capital stock of the corporation formed by such consolidation

not exceeding in the whole amount the aggregate authorized

capital of the constituent corporations, the snares of stock and

consideration to be issued or paid to the stockholders of the

constituent corporations, the name of the consolidated cor-