17-626

Chapter 17.--CORPORATIONS
Article 6.--POWERS AND DUTIES OF CORPORATIONS

      17-626.   Same; general powers.Any such corporation shall have the power:

      (a)   To cause such examination and survey for its proposed works to bemade, as may be necessary to the selection of the most advantageous site,route or routes, and by its officers, agents or servants to enter upon theland of any person for the purpose of making such examination and survey;

      (b)   to take and hold such voluntary grants of real and other property asmay be made to it to aid in the construction, maintenance and operation ofits said works;

      (c)   to receive the aid of any other party by gifts, written obligations,pledges and mortgages of such other party or parties;

      (d)   to construct its works upon, along, connecting with or away from anystream of water;

      (e)   and to obtain, store and deliver water to any other party or partiesfor use in irrigating land, or for conveyance and delivery to others forsuch use, at such rates and terms for its services and facilities as suchcorporation, by its bylaws and regulations, may prescribe, which rates andterms shall be reasonable and nondiscriminating.

      Such corporation shall have the power to borrow such sums of money asmay be necessary for constructing, maintaining and operating its works, andto issue and dispose of its bonds on account of any amount so borrowed, andto pledge and mortgage its real and other property and franchises to securethe payment of any debt contracted by it for the purposes aforesaid.

      History:   L. 1933, ch. 155, § 2; March 22.