...or by virtue of the laws of-the State of Maryland, may issue stocks, bonds, notes or other evidences of indebtedness payable at periods of more than twelve months after the date thereof, when Purposes of. necessary for the acquisition of property, the construction, completion, extension or...

...than twelve months after the date thereof, are necessary to and reasonably required by said company for the acquisition of property, the construction,...completion, extension or improvement of its plant or facilities, and for the discharge or lawful refunding of its obligations and particularly for the purposes...

...15. as follows : Inasmuch as section 52 of the Public Utilities Act of this State provides that no evidence of indebtedness, payable at periods of more than twelve months after the date thereof, for the acquisition of property or for the improvement or maintenance of its service shall be issued...

...Arizona, 1913, which requires public service corporations issuing stocks, bonds, notes and other evidences of indebtedness, payable at periods of more than twelve months after the date thereof, to procure permission from the Commission and pay the fees required by Section 2333. The reasons advanced...

...provides that no utility shall issue such stocks, stock certificates, bonds, notes and other evidences of indebtedness, payable at periods of more than twelve months after the date thereof unless it shall first have secured from this Commission an order authorizing such issue. With reference...

...Act, a public utility may issue stocks and stock certificates, and bonds, notes and other evidences of indebtedness payable' at periods of more than twelve months after the date thereof, for the following purposes and no others, namely : for the acquisition of prop.erty, or for the construction,...

...follows : "A public utility may issue stocks and stock certificates, and bonds, notes and other evidences of indebtedness payable at periods of more than twelve months after the date thereof, for the following purposes and no other, namely, for the acquisition of property, or for the construction,...

...public service corporation may issue stocks and stock certificates, and bonds, notes and other evidences of indebtedness payable at periods of more than twelve months after the date thereof, for the following purposes and no other, namely, for the acquisition of property, or for the construction,...

...(b) A public utility may issue stocks and stock certificates, and bonds, notes and other evidences of indebtedness payable at periods of more than twelve months after the date thereof, for the following purposes and no others, namely: for the acquisition of such property as is necessary...

...hereafter incorporated, under or by virtue of the laws of the state of Maryland, may issue stocks, bonds, notes or other evidence of indebtedness, payable at periods of more than 12 months after the date thereof, when necessary for the acquisition of property, the construction,...