Relating to regulating the manner in which all cities and towns with a population of more than one thousand (1,000) inhabitants, whether incorporated under the General Laws of Texas or operating under a special charter, owning and operating a public utility or any public utilities, shall operate and manage, and appropriate and expend the income from such utility or utilities, providing that the income from the operation of one public utility where more than one is operated shall never be applied to pay any part of the operating expense and maintenance, insurance, deprecation nor interest nor sinking fund of any other public utility, so owned and operated.
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