When there has been or shall be created a rural improvement district, according to the provisions of part 21, for the purpose of securing a lighting system for the territory embraced in such rural improvement district, the board of county commissioners of such county may enter into a contract with other persons or corporations for the purpose of furnishing light to said rural improvement district when:
(1) no expense of construction is incurred by such rural improvement district in the installation of such lighting system;(2) it is necessary only to secure funds for the maintenance and operation of said system; and(3) lights for said territory can best be secured by entering a contract for such lighting with some other person or corporation.En. Sec. 1, Ch. 58, L. 1933; re-en. Sec. 4601.1, R.C.M. 1935; amd. Sec. 1, Ch. 217, L. 1959; R.C.M. 1947, 16-1629(1).