RAILROADS AND OTHER PUBLIC UTILITIES
TELEGRAPH, TELEPHONE AND ELECTRIC POWER CORPORATIONS
62-704. Transfer of rights and franchises. Any telegraph or telephone corporation may, at any time, with the consent of the persons holding two-thirds of the issued stock of the corporation, sell, lease, assign, transfer or convey any rights, privileges, franchises or property of the corporation, except its corporate franchise.
[(62-704) R.S., sec. 2703; reen. R.C. & C.L., sec. 2836; C.S., sec. 4834; I.C.A., sec. 60-704.]