ART. 23] TELEGRAPH COMPANIES. 673

such loss or damage, when paid or tendered to the owner or
owners of the property, or his, her or their legal representa-
tives shall entitle the said corporation to the easement thus
valued, as fully as if it had been conveyed to the said corpo-
ration by the owner or owners of the same; and the valuation,
if not received when tendered, may, at any time thereafter, be
received from the company without costs, by the said owner or
owners, or his, her or their legal representative or representa-
tives.

1888, art. 23, sec. 227. 1900, ch 267.

327. Any such corporation formed as aforesaid may, with
the consent of the majority of the owners of the capital stock
of such corporations, given in general meeting, extend their
lines of telegraph into any other State, or may construct branch
lines in this State or any other State, or may lease, sell or
convey its property, rights, privileges and franchises or any
interest therein or any part thereof to any telegraph company
organized under or created by the laws of this or any other
State, and may acquire by lease, purchase or conveyance the
property, rights, privileges and franchises or any interest
therein or any part thereof of any telegraph company organ-
ized under and created by the laws of this or any other'State
upon such terms and conditions as may be agreed upon between
the respective companies, or by purchase at any sale of the
property and franchises of any such corporation heretofore
incorporated or hereafter to be incorporated under the terms
of a mortgage or deed of trust heretofore made, or hereafter
to be made, conveying the property and franchises of any such
company, or under decree of any court, or under an execution
issued against the property of said company; and said pur-
chasing company shall have and possess all the rights, fran-
chises and privileges heretofore enjoyed by the company whose
property is so acquired, whether the some were acquired under
grant from any State, municipality or other corporation; or
may consolidate with any other telegraph company or corpo-
ration of this or any other State, under such name and with
such capital stock, and upon such terms as may be agreed
upon between such companies or corporations; and whenever
such consolidation as aforesaid is made, a certificate of the
same and of the particulars thereof shall be executed and
acknowledged by the president or other principal officers of
said corporations so consolidating, which said certificate shall

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