Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1907-08-08

| dered or to be rendered in connection there
with shall be reasonable and just, and every
| unjust or unreasonable charge for such
service Is prohibited and declared unlawful.
Section 1797m-4. /. Every public util-
ity, and and every person, association or cor
! poration having conduits. subways poles,
| or other equipment on, over under any
| street or highway shall for reasonable
| compensation permit the use of the same
| by any public utility whenever public con-
venience and necessity require such use and
| such use will not result in irreparable in
jury TO the owner or other users use Of such
equipment nor IN any substantial detriment
to the service to be rendered by such own
ers or other users
2. In case OF failure to agrt upon I-.ch
use or the conditions or comp, psation Tor
such use any public utility g. any perecn
association or corporation il terested may
| apply to the commission, ant If after in
! YeStgatlon the commission shall ascertain
| that public convenience and necessity re-
| Quire such use and that 1t would not re-
| suit in irreparable injury to the owner or
| other users of such equipment nor in any
| substantial detriment to the service to be
rendered by such owner or other users OF
such equipment, 1t shall by order direct
! that such use be permitted and prescribe
| reasonable conditions and compensation for
! such joint use.
| 8. Such use so ordered shall be permit
! ted and such conditions and compensation
| so prescribed shall be- the lawful conditions
| and compensation to be observed followed
| and paid subject to recourse to the courts
| upon the complaint of any interested party
| as provided In section 1797m-64 to 1797m
| -73, inclusive, and such sections so far as
applicable shall apply to any action arising
| on such complaint so made. Any such order
! Of the commission may be from time to
| time revised by the commission upon appli-
| cation Of any interested party or upon its
/ own motion
Section 1797m-5. The commission shall
| value all the property Of every public util-
| ity actually used and useful for the con-
venience OF the public. In making such
valuation the commission may avail itself
of any information in possession Of the
state board of assessment.
Section 1797m--6. 1. Before final deter
| mtnation of such value the commission
| shall after notice to the public utility,
| hold public hearing to such valuation
In the manner amer prescribed for hearing in
sections 1797m-45 to 1797m-55 inclusive,
and the provisions Of such sections so far
as applicable shall apply to such hearing.
2. The commission shall within five days
statement thereof upon the public utility
i interested, and shall file q like statement
with the clerk OF every municipality in
which any part of the plant or equipment
of such public utility is located
Section 1797m-7. The commission may
at any time on its own initiative make a
| re-valuation of such property.
| Section 1797m--S. l. Every public utl-
| ity shall keep and render to the commission
| In the manner and form prescribed by the
| commission uniform accounts Of all business
| transacted.
| 2. Every public utility engaged directly
| or indirectly in any other business than
| that of the production, transmission or fur
| nishing Of heat, light, water or power or
! the conveyance of telephone messages shah,
( II required by the commission, keep and
render separately to the commission In like
other business, In which case all the pro
visions of this act shall apply with like
| force and effect to the books accounts, pa
| pers and records of such other business.
| Section 1797m-9. The commission shall
| prescribe the forms of all books accounts,
| papers and records required to be kept, ana
every public utility is required to keep ana
render Its books, accounts; papers ana
records accurately and faithfully in the
manner and form prescribed by the commits,
sion and to comply with all directions of
the commission relating to such books, ac-
counts, papers and records.
Section 1797m-10. The commission
shall cause to be prepared suitable blanks
for carrying out the purposes Of this act,
and shall, when necessary, furnish such
blanks to each public utility.
Section 1797m-11. No public utility
or records Of the business transacted than
those prescribed or approved by the CON-
| mission.
Section 1797m-12. Each public utility
| village or cities in this state In which Its
property or some part thereof Is located,
and shall keep In said office all such books,
accounts. papers and records as shall be
! required by the commission 10 be kept with
In the state No books, accounts, papers or
| records required by the commission to be
!
| removed from the state, except upon such
conditions as may be prescribed by the COM
| mission.
Section 1797m-13 The accounts shall
| be closed annually on the 80th day Of June
and balance sheet of that date promptly
| taken therefrom. On or before the first day
! of August following, such balance sheet to-
| gether with such other information as the
commission shall prescribe verified by an
officer Of the public utility, shall be filed
Section 1797mw14. 1. The commission
| shall provide for the examination and audit
of all accounts, and all Items shall DO
! allocated to the accounts In the manner
| prescribed by the commission.
| g. The agents, accountants or examiners
employed by the commission shall have au-
! thority under the direction of the commission
! to inspect and examine any and all books,
| accounts, papers, records and memoranda
kept by such public utilities.
Section 1797m--15. l. Every public util-
ity shall carry proper anf "a ade91ate d
| after investigation shall determine that
such depreciation account can be reasonably
| required. The commission shall ascertain
and determine what are the proper and
adequate rates OF depreciation of the sew
| eral classes of property OF each public util'
ity; The rates shall be such as W. pro,
! the expenses Of maintenance to keep such
| property In state of efficiency correspond
Ing to the progress Of the Industry Each
| public utility shall conform its depreciation
| accounts to such rates so ascertained and
determined by the commission. The com
| mission may make changes In such rates
| of depreciation from time to time as 1t
| may find to be necessary.
q The commission shall also prescribe
rules, regulations, and forms, OF accounts
regarding such depreciation which the pub
lie utility Is required to carry into effect.
3. The commission shall provide for such
depreciation In fixing the rates, tolls and
! charges to be paid by the public
| 4. All moneys thus provided for shall be
set aside out of the earnings and carried
in depreciation fund. The moneys In this
fund may be expended In new construc-
| lions, extensions OF additions to the prop
| erty of such public utility, or invested, ana
If invested the income from the investments
| shall also be carried in the depreciation
! fund. This fund and the proceeds thereon
| shall be used for no other purpose than as
| provided In this section and for deprecia-
| ton.
Section 17o7m-1e. The commission
| shall keep itself informed of all new con-
structon, extensions and additions to the
| property of such public utilities and snail
| prescribe the necessary forms, regulations
| and instructions to the officers ana en-
| ployes of such public utilities for the keep;
| Ing Of construction accounts, wnlen shpA
Section 179Tm-17. 1. Nothing in this
act shall be taken to prohibit a public util-
| ity from entering into any reasonable ar
| rangement with Its customers or consumers
| or with it's employees, for the division or
distribution OF it's surplus profits, or proyld-
| ing for q sliding scale Of charges, or other
| financial device that may be practicable and
| advantageous to the parties interested. NO
| such arrangement or device shall be iawru
| until Il shall be found by the commission,
| after investigation, to be reasonable and
! 1ust and not inconsistent with the pur.
| poses of this act Such arrangement shall
Be under the supervision and regulation Of
| the commission.
2 The commission shall ascertain, de-
| termine and order such rates, charges ana
regulations as may be necessary, to give
effect to such arrangement, but the right
-. L. .a.ah md In RI her