Upon the filing of such petition it shall be the duty of the auditor or clerk to submit such proposition upon a separate ballot to the voters of the municipality at a regular or special election as prayed for in such petition. If sixty percent of the voters of such municipality voting thereon shall vote in favor of such proposition, a sale, conveyance, lease, or contract for the operation of such plant, equipment, or public utility shall be deemed authorized.

Source: SL 1917, ch 314 ; RC 1919, § 6169 (19); SL 1925, ch 242 ; SL 1929, ch 201 ; SL 1931, ch 195 ; SDC 1939, § 45.1305.