Mississippi Code Title 77. Public Utilities and Carriers § 77-9-161

To mortgage or convey in trust, from time to time, any or all of its property, real, personal, and mixed, then owned or thereafter to be acquired, and also all or any of its rights, powers, privileges, liberties, immunities, or franchises, whether then owned, possessed, and enjoyed or thereafter to be acquired, including its right to be a corporation; and under such deed or deed in trust or mortgage, to secure, execute, and dispose of the mortgage bonds of the company to such amounts and maturing at such times and bearing such lawful interest as it may deem best; and to secure, in like manner or in any other way, the bonds and obligations of any other railroad company.