ART. 23] WATER COMPANIES. 185

such further facts as may be by the laws of this State required
of such company in transacting business therein; and if such
company be organized under the laws of any other State than
this State, it must have on deposit with a State officer of one of
the States of the United States, not less than $100, 000 in good
securities, deposited with and held by such officer for the benefit
of the holders of its obligations; must also appoint an attorney
in this State upon whom process of law can be served, which
appointment shall continue until revoked, or another attorney
substituted, and must file with the State Tax Commissioner evi-
dence of such appointment, which shall state the residence and

office of such attorney.

1898, ch. 302.

244 C. The State Tax Commissioner upon due proof by any
such company of its possessing the qualification in section 244 B
specified, shall issue to such company a certificate setting forth
that such company has qualified and is authorized for the ensu-
ing year to do business under section 244 A, which said certificate
shall be evidence of such qualification of such company and of
its authorization to become and be accepted as sole surety on all
bonds, undertakings, recognizances, obligations required or per-
mitted by law, or in the charter, ordinances, rules or regulations
of any municipality, board, body, organization or public officer,
and the solvency and credit of such company for all purposes
and its sufficiency as such surety.

Water Companies.

1898, ch. 199.

246. Any corporation which may be formed under the provi-
sions of this article, for the purpose of supplying water, shall
have power to acquire, possess and use all such land, water rights
and other property, and shall have all such power as may be
necessary for the purposes for which said corporation was
formed. And shall also have power to lay pipes and construct
all such other works as shall be necessary or suitable to carry out
the purposes of said corporation; provided, the assent of the
municipal authorities of any incorporated town or city in which
the operations of said corporation may be carried on shall be first
had and obtained, or if the operations of any such company shall