Consolidation

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A corporation organized to engage in the business of a water company, may combine in its charter the powers, duties and liabilities of a lighting and power company, and engage in the latter business; and vice versa.

Mod. Code 1932, § 4075; T.C.A. (orig. ed.), § 65-2209.

Collateral References.

Consolidation and merger under power of eminent domain of public utility corporations, constitutionality of statutes providing for. 66 A.L.R. 1568.


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