§ 207-29. Electric utility authorization
Said corporation is authorized and empowered by and with the consent of a majority of the legal voters of said Village, at a meeting legally warned and held for that purpose to purchase or establish an electric light plant, and for such purpose may purchase, have, hold, and convey personal and real estate within or without the limits of said Village corporation for the purpose of lighting the highways and streets of said Village, and furnishing electric lights, electric heat, and electric motive power to persons and parties within the corporate limits of said Village, on such terms and subject to such rules and regulations as may be agreed upon between said corporation and said persons and parties, and for the purposes aforesaid, may run electric lines along, over, or under highways, streets, or public grounds, within or without the corporate limits, provided public travel shall not be unnecessarily affected or impeded thereby, and subject to all lawful ordinances and regulations, as to the use of highways and streets; and said Village corporation shall have authority to hire and appropriate money, raise taxes, and issue its corporate bonds for the purchasing, establishing, constructing, extending, enlarging, and maintaining of its electric light plant.
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