...provision of the Public Service Commissions Law prohibiting railroad corporations from issuing "stocks, bonds, notes or other evidence of indebtedness payable...of more than twelve months after the date thereof' without permission from the proper commission. Albert II. Harris and Thomas Emery for appellant. Ledyard...

...and other l^Si bonds' evidences of indebtedness, payable at periods of more than twelve mouths after date thereof, when necessary for the acquisition of...construction, completion, extension or improvement of its facilities or for the improvement or maintenance of its service, or for the reorganization, or readjustment...

...State unless authorized to do so by the Commission. Section 27, relating to the issuance of stocks, bonds, notes or other evidence of indebtedness payable at periods of more than twelve months, provides that a common carrier or railroad corporation existing under the laws of Maryland may issue...

...other expenses reasonably required in connection with the financing and construction of its property, for the acquisition of property, the construction,...completion, extension, or improvement of its plant, distributing system, or facilities, or for the improvement of its service, or for the discharge or...

...other expenses reasonably required in connection with the financing and construction of its property, for the acquisition of property, the construction,...completion, extension, or improvement of its plant, distributing system, or facilities, or for the improvement of its service, or for the discharge or...

...other expenses reasonably required in connection with the financing and construction of its property, for the acquisition of property, the construction,...completion, extension, or improvement of its plant, distributing system, or facilities, or for the improvement of its service, or for the discharge or...

...Commerce Commission on or prior to the date of issuance of any stocks, bonds, notes or other evidences of indebtedness payable at periods of more than twelve months after the date thereof, and now or hereafter to be authorized, a certificate of notification in such form as the Commission...

...other expenses reasonably required in connection with the financing and construction of its property, for the acquisition of property, the construction,...completion, extension, or improvement of its plant. distributing system, or facilities, or for the improvement of its service, or for the discharge or...

...apply to the commission for authority to issue stock, bonds, notes or other evidence of indebtedness for the acquisition of property, the construction, completion, extension or improvement of its facilities or the improvement or maintenance of its service outside the state, or for the discharge...

...obvious. LAW AND RULES. Commission, stocks and stock certificates and bonds, notes and other evidences of indebtedness payable at periods of more than twelve months after the date thereof. These purposes are (1) for the acquisition of property; (2) for the construction, completion, extension...