LLOYD LOWNDES, ESQUIRE, GOVERNOR.

553

SEC. 4. It shall be lawful for said company to borrow money
and issue and sell its bonds, from time to time, for such sums
and on such terms as its board of directors may deem expe-
dient and proper for any of the purposes of the company, and
may secure the payment of said bonds by mortgages or deeds
of trust upon all or any portion of its property, real, personal
or mixed, its contracts and privileges, and its chartered rights
and franchises, including its franchise to be a corporation; and
it may, as the business of the company shall require, sell, lease
coavey and encumber the same; and it shall be lawful for said
company to subscribe to and hold the stock and bonds of
manufacturing or other corporations, and any manufacturing
or other corporations may subscribe to, guarantee and hold the
stock and bonds of the said company.

SEC. 5. The said company may connect or unite its lines for

May issue
bonds.

the transmission of power with those of any other company or
companies, or consolidate and merge its stock, property and
franchises with and into those of any other company or com-
panies incorporated under the laws of this State, or of any
other State, or of the United States, operating, or authorized
to operate, lines for the transmission of electric or other power,
upon such terms and under such name as may be agreed upon
between the companies so uniting or connecting, or merging or
consolidating, or may acquire the said property and franchises
of such other company or companies by lease or purchase;
and for that purpose power is hereby given to it and to such
other company or companies to make and carry out such con-
tracts as will facilitate and consummate such connection, mer-
ger or consolidation, lease or purchase; provided, a copy of
every such contract of consolidation and merger shall be filed
in the office of the clerk of the Circuit Court for Montgomery
county, and be recorded on the corporation record book of said
county; and provided further, that no merger or consolidation
made under the provisions of this charter shall exempt the
properties of the said Mcntgornery Power Company from
taxation.

May consoli-
date with
other com-
panies.

SEC. 6. The said company may acquire, by condemnation, in
the manner provided by sections 248 to 254, both inclusive,
and any supplements thereto, of Article 23 of the Public Gen-
eral Laws of this State for acquisition of private property for
public use, strip of land, not exceeding twenty-five (25) feet in
width, with necessary additional width in deep cuts and fillings,
yequired by the company or its power transmission lines, and
all other lands, not exceeding one thousand (1,000) acres, exclu-

Power of con-
demnation.