Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1885-04-08

Full Text Of the New Railroad Law
Enacted by the Late Leg.
islature,

constitute Board of Railroad Commits
sioners, and who shall hold their office
for the term Of two years from the 1st of
April next. The Governor shall, in like
manner, appoint others to fill any va.
cancy caused by the death, removal, res
ignation. or by the expiration OF term Of
Office Said Commissioners shall hold
their Office unth their successors are duly
appointed and qualified.
No person owning bonds. stocks or
other property in any railroad company,
or who is in the employment Of, or who
Is in any manner pecuniarily interested
warehouse or elevator, shall be eligible
TO the Office of Railroad Commissioner.
Said Commission shall be qualified
electors of the Territory, and shall be
from ne scushefS. one frgIa fks ccns
trail. and one from the northern part Of
the Territory.
SEC. O. Said Commissioners shall have
general supervision of all railroads in
the Territory, and shall inquire into any
neglect or violation of the laws of this
Territory by any railroad corporation, its
officers, agents. or employees doing BUSH
ness therein and shall from time to time
carefully examine and inspect the condi-
ton Of each railroad in the Territory and
the manner of its conduct and manage
mcnt with reference to its safety and
general relations to the public business
of the Territory.
Sec. 3. Whenever, In the judgment Of
the Railroad Commissioners, il shall ap-
pear that any railroad corporation fails
in any respect or particular to comply
with the laws of the Territory, or its
charter, or when In their judgment any
repairs are necessary upon Its. road, or
any addition to its rolling stock, or any
addition or change in its station houses,
or any change in In the rates of passenger
fare or it's charges for transporting
freight, or transferring the same from
one road or station to another, or any
change In the manner of operating its
read and conducting its business is rea-
sonable and expedient in order To pro-
mote the security, convenience and ac-
commodation of the public, said COM
missioners shall inform such railroad
corporation of the improvements and
changes which they adjudge to be proper
by notice in writing, to he served by
leaving copy thereof, certified by the
Commissioners clerk, with any station
agent, clerk, or treasurer, or any director
of said corporation, and report Of the
proceedings shall be included in the re-
port Of the Railroad Commissioners to the
Legislature. Nothing in this section
shall be construed as relieving any rail
road company from their present respon-
sbility or liability for damage to per-
sons or property.
SEC 4. The said Railroad Commission
ers shall. on or before the first Monday
in December In each year, make re-
ko <xf I,ks
for the preceding year, containing such
facts, statements, and explanations as
will disclose the workings of the system
Of railroad transportation In this Terri
tory and its relation to the general busi-
ness and prosperity of the citizens of
the Territory. and such suggestions and
recommendations in respect thereto as
may to them seem appropriate Said re-
port shall also contain as to every rail
road corporation doing business in this
Territory:
/. The amount of its capital stock.
2. The amount Of its preferred, Ii any,
and the amount of it's prefcrment.
g. The amount of its funded debt aud
the rate of interest.
4, The amount of its floating debt.
s. The cost and present value of its
road and equipment, including perma
nent way buildings and rolling stock,
all real estate used exclusively in oper-
at;ng the road. and all fixtures and con.
veniences for transacting its business.
9. The estimated cash value OF all
other property owned by such corpora.
tion. with a schedule of the same, moi
including lands granted in aid Of its
construction.
Z. The number of acres originally
.~~a,tol ~, al ,.f non r,,,f;<,,, - road
by the United States or by this Territory
g. Number of acres OF such land re-
naming unsold.
&. A list of its officers and directors
with their respective places Of residence
10. Such statistics of the road. and oil
its transportation business for tae year
as may, in the judgment of the Commits
sioners, be necessary and proper for the
information Of the General Assembly, OF
as may be required by the Governor
Such report shall exhibit and refer u
the condition of such corporation on ths
first day of July Of each year, and thu
details OF Its transportation business
transacted during the year ending
June 30
II. The average amount of tonnag,
that can be carried over each road in th,
Territory.
SEC. s.. To enable said Commissioner
to make such = report the president o
managing officer of each railroad cor
poration doing business in this Territor,
shall annually make to the said Commis
sioners, on the fifteenth day of the montl
of September, such returns. in the form
which they may prescribe, as will affor,
the information required for their sal,
Official report Such returns shall b.
~, xx{ys<xnv h,
them, and any railroad corporation
prescribed by the fifteensh day OF Sep
tember shall be liable to penalty OF on
hundred (10Oy dollars for each and ever,
day after the sixteenth day of Decem
Der that such returns shall be Nilfully dc
layed or refused.
SEc, 8. The said Commissioners shal
hold their ofi1cc at such place rs the,
shall determine. -Theysshall each rccciv
D salary Of g., to be paid az the SCI
aries Of other Territorial officers are paid
and shall be provided at the expense D
the Territory with necessary Office furni
ture and stationery. and they shall hav
authority to appoint secretary, VIII
shall receive salary of fifteen hundre'
1900 dollars per annum.
/ SEC. I. Said Commissioners and Set
retary shall be sworn to the due an
| faithful Performance Of the duties o
| their respective Offices before enterin
upon the discharge of the same, and n
| person In the employ Of any railroad col
| poration, or holding stock in any raj
road corporation shall be employed q
Secretary. Each OF said Commissioner
| shall enter into bonds. with security I
be approved by the GOvernorin in the sur
| OF ten thousand (l0. .O00} dollars, cond
| toned for the faithful performance Of hl
SEC. s. Tho said Commissioners sha
have power in the disc harge Of the dutte
| OF their Office to examine any OF n
books. papers or documents Of any sue
corporation, or to examine under oath q
otherwise any officer, director. agent 9
employe Of any such corporation. The
are empowered to issue snbpnnas m
administer oaths Ia the same manner an
| with the same power TO force Obedienc
thereto in the performances OF their vi
| duties - belong and pertain to courts d
law il this Territory, and any perso