When a canal company is organized under this chapter it has all the powers and privileges of electric light and power companies under the laws of this State and may own, build, maintain, purchase, lease, and operate the canal or canals specified in its charter and may build, maintain, purchase, lease, own, and operate all dams, locks, reservoirs, feeders, basins, wharves, appurtenances, ways, means, and appliances necessary to a canal. Any canal company may acquire by lease or purchase the lands necessary for the above purposes and when the canal is to be kept open for the use of the public for navigation, the company may condemn lands necessary to perform its purpose.
HISTORY: 1962 Code Section 58-691; 1952 Code Section 58-691; 1942 Code Section 8179; 1932 Code Section 8179; Civ. C. '22 Section 4359; Civ. C. '12 Section 2873; Civ. C. '02 Section 1917; 1899 (23) 64; 1921 (32) 146; 1927 (35) 30; 1987 Act No. 173 Section 46, eff nine months from approval by Governor (approved by Governor on June 30, 1987).