§ 16-251 — Bonds of telephone company.

Any telephone company may borrow money, and issue its bonds therefor, under its seal and signed by its president or vice president and by its treasurer or assistant treasurer. The signatures of such officers may be facsimiles thereof and the seal of the company may be a facsimile of such seal.

Legislative History

(1949 Rev., S. 5663; 1957, P.A. 84, S. 1.)