PART I. ADMINISTRATION OF THE GOVERNMENT
TITLE XXII. CORPORATIONS
CHAPTER 166. TELEPHONE AND TELEGRAPH COMPANIES, AND LINES FOR THE TRANSMISSION OF ELECTRICITY
FINANCES OF TELEPHONE AND TELEGRAPH COMPANIES
Chapter 166: Section 2. Debt limitation
Section 2. Such company shall not at any time contract or owe debts to a larger amount than one half of its capital stock actually paid in.