Section IX-8: Consolidation of public service corporations - Common officer.

  No public service corporation, or the lessees, purchasers, or
managers thereof, shall consolidate the stock, property, or
franchises, of such corporation with, or lease or purchase the
works or franchises of, or in any way control, any other public
service corporation owning or having under its control a parallel
or competing line; except by enactment of the Legislature upon
the recommendation of the Corporation Commission:  Provided,
however, That the Legislature shall never enact any law
permitting any public service corporation, the lessees,
purchasers, or managers thereof when such public service
corporation is organized under the laws of any other State, or of
the United States, to consolidate the stock, property, or
franchises, of such corporation with, or lease, or purchase, the
works of, franchises of, or in any way control, any other public
service corporation, organized under the laws of any other State,
or of the United States, owning or having under its control in
this State a parallel or competing line; nor shall any officer of
such corporation act as an officer of any other corporation
owning or controlling a parallel or competing line.