ART. 23] TELEGRAPH AND TELEPHONE COMPANIES. 671

1888, art. 23, sec. 220. 1868, ch. 471, sec. 154.

320. The concerns of any institution under this article
shall at all times be subject to the inspection of the treasurer
of Maryland, or of such other officer or agent of the State of
Maryland as may be appointed or selected for that purpose by
either branch of the legislature.
United German Bank v. Katz, 57 Md. 136.

Ibid. sec. 221. 1868, ch. 471, sec. 155.

321. The capital stock of any such corporation shall not
exceed one million dollars.
Ibid.

Telegraph and Telephone Companies.

Ibid. sec. 222. 1868, ch. 471, sec. 127.

322. Corporations for owning, leasing, constructing or
operating a line or lines of telegraph through this State or from
or to any point or points within this State, or upon the bound-
aries thereof, may be formed as hereinbefore provided.

Sprigg v Western Tel Co., 46 Md. 74 Telegraph Co. v. Pearce, 71 Md.
536. Ches, and Pot. Tel. Co. v. MacKenzie, 74 Md 37

Ibid. sec. 223. 1868, ch. 471, sec. 128.

323. Such corporation may, with the consent of a majority
of its stockholders given in general meeting, become the pur-
chaser, assignee or lessee of any property within this State of
any telegraph company or companies now existing, or which
may hereafter be incorporated, or may be doing business within
this State.

Ibid. sec. 224. 1868, ch. 471, sec 129.

324. It may construct a line or lines of telegraph through
this State, or from or to any point or points within this State,
or upon the boundaries thereof, and along and upon any postal
roads and postal routes, roads, streets and highways, or across
any of the bridges or waters within the limits of this State, by
the erection of the necessary fixtures, including posts, piers or
abutments for sustaining the cords or wires of such lines,
without their being deemed a public nuisance, or subject to be
abated by any private party; provided, the same shall not be
so constructed as to incommode injuriously the public use of
said postal roads or postal routes, roads, highways and bridges
or injuriously interrupt the navigation of said waters, or inter-
fere with the convenience of any land owner more than is
unavoidable; and this section shall not be so construed as to