The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-03-11
the NEW MINNESOTA R. R. Law
Al it Passed Beth Branches OF the
Legislature.

Minnesota:
Section |. There shall be elected at
the general election in November, 1919,
and every two years thereafter, State
Railroad Commissioner, who shall hold
his Office for two years and until his sue
cessor is elected and qualified. Such COM
missioner shall take the oath OF office
prescribed by law, and shall give bond,
with sureties, to be approved by the Gov
ernor. in the sum of ten thousand dollars,
conditioned ;or the faithful performance
Of his duties as such commissioner. And
whenever from any cause vacancy oc-
ours in the office of railroad commissioner
the Governor shall appoint some suitable
person to fill such vacancy, who, upon
taking the oath of office and giving the
bond required by law, shall hold his office
until his successor is elected and uaii-
fed. Provided, that until the office Is
filled by election, the Governor shall ap-
point a suitable person to fill the vacancy
in such Office. ;,
Sec. 2. The said commissioner snail
hold his office in the capitol IN st. Paul
he shall receive salary Of three thou-
sand dollars per annum, to be PAID as the
salaries Of other State officers are PAID.
and shall be provided at the expense OF
the State with necessary ONCE, furniture
and stationery; and he shall have au-
thority to appoint secretary, VINO snail
receive a salary of twelve hundred dol
lars per annum. :,
Sec. 3. The railroad commissioner shall
enquire into any neglect or violation OF
the laws of this State by any railroad
corporation doing business therein, or by
the officers, agents or employees OF any
such company, and shall also from time
to time carefully examine and inspect the
condition of each railroad in this State,
and of it's equipment and the manner OF
it's conduct and management, with rela-
ton to the public safety and convenience.
He shall also examine into and ascertain
the pecuniary condition and the manner
of financial management of each and every
railroad company doing business IN this
State.
Sec. 4. The said railroad commissioner
shall on or before the first OF December
in each year make report to the Gov
ernor Of his doings for the preceding
wear, containing such facts. statements,
and explanation as will disclose the work.
ing of the system of railroad transporta-
ton in this State, and its relations to the
general business and prosperity OF the
citizens of the State and such suggestions
and recommendations in respect thereto,
as may to him seem appropriate.
Said report shall also contain as to
every railroad corporation doing business
in this State:
First. The amount Of it's capital stock.
Second. The amount of its preferred
stock, if any, and the conditions Of It's
. prefermcnt.
Third. The amount Of it's funded debt,
and the rate of interest thereof.
Fourth. The amount Of its floating
debt.
Fifth. The cost Of its road and equipment,
including permanent way, buildings and
rolling stock, all rea estate used exclu-
sivelv IN operating the road, and all nix
lures and conveniences for the transac'
ton of its business.
Sixth. The estimated value of all other
property owned by such corporation,
with a schedule of the same, not nclud'
ing lands granted in aid of its construc'
tion.
Seventh. The number OF acres origi
naily granted in aid Of construction OF 1T;
road by the United States or by this
State.
Eighth. Number of acres of such lano
remaining unsold.
Ninth. A list of its officers and direc
tors, with their respective places OF resi-
dence.
Tenth. Such statistics of the road ant
of its transportation business for thu
year as may, in the Judgment of the com
missioner, be necessary and proper for tn
information of the Legislature, or as ma.
be required by the Governor; such re
port shall exhibit and refer to the condi
ton Of such corporation on the first da.
of July of each year. and the details
its transportation business transacte'
during The year ending June Goth Of tina
year.
Sec. 5. To enable said commissioners t,
make such a report, the president or man
aging officer Of each railroad corporation
doing business in this State shall annual
lv make to the said commissioner, i'll tn
month Of October. such returns in tn
form which he may prescribe as will al
ford the information required for his sal
official report such returns shall be Yer
flied by the oath of the officer maxim
them and any railroad corporatio
whose return shall not be made as herer
prescribed within the month of October
shall be liable to penalty of one hun
drcd dollars for each and every day afte
the 81 day Of October that such return
shally be wilfully delayed or refused.
Sec. .. The said commissioner sha
have power. in the discharge Of the dutis
of his office, to examine any of the book
papers or documents of any such corps
ration. or to examine under oath. {
otherwise. any officer. director. agent {
employee of any such corporation Il
is empowered to issue subpenas, and az
minister oaShs, in the same manner an
with the same power to enforce obediens
thereto, in the performance Of his sal
duties, as belong and pertain to courts ,
law in this State, and any person WI
NAV willfully obstruct said commission,
in the performance Of his duties. or vi
may refuse to give any information with;
the line If his duty, shall be decme