The morning journal-courier., 1908-11-20
Special Legislative Committee Reports in Favor of Pub. lie Utilities Board,
 With Salary,
NAMED BY THE GOVERNOR
Mammoth Report of 3o,o00 Words Made Publio--Duties of Proposed Commis-
 sion Defined.

Hartford, Nov. 19-The report 2 the special commission on the publi' service commission appointed by th last legislature was made public to day. The report comprises about 30, GOO words. The commission report primarily in favor of establishing fpl this state a public service commission to consist of three members, to by named by the governor and confirm cd by concurrent action by both branches of the general assembly, n is the caae 1f the appointment of taa hisncr judges, at a salary oS S7,5OO. Commissioners can be removed by th, superior court on written complaint hy the attorney general ana after a hearing No emplaye stockholder or agent If any company shall be eligible for commisalonership,
 The duties are thus generally de- fined. The commission shall have tac general supervision of all railroad. street railway. gas, electric, water. OK press, telephone, and telegraph com panies in so far as they arc subject to state control, and shall keep itself fully informed as to the compliance with law by said companies, ani when deemed necessary, shall report violations of the law to proper officials having jurisdiction of such violatl )ns
 Gas. electric and telephone compan- les must apply 10 the commission and various stipulations are laid down for this procedure:
 One important section saws: Such ap- rlication shall be denied In so far az he same asks authority to furnish .arvice Tn any territory in which an other company is actively furnishing reasonable service of like character tc that for which application is made.
 All existing charter rights to erect structures fin, over or under the high ways or other public places in this state. or 10 condemn private property for public uses. shall cease and ter minate on July l. 1909 except as ex- tended by the commission In accord ance with satisfactory reasons of tho proceeding section: Provided. however that any gas, electric, water or tele- phone company may extend It's con struction in, over or under the high. ways in any towns in which such com. pany shall, on the first day of July 1909, be legally supplying service fol general use under it's charter rights,
 The holder of 25 per cent of thu stock of corporati ton may demand ' stock of corporation may demand ar investigation of that corporation by thu commission If they pay the expenses,
 The commission is given power wher local authorities complain 10 1t to hea the question of rates and If it shal find such rates unreasonable, the shall determine as prescribed what vii be just and reasonable rates an' charges to be there after maIntalnet by such company in such cases as tn maximum to be charted
 No stocks, bonds, coupon notes Q other evidences of Indebtedness shal be issued by any public service com pany organized under the laws of thi state other than for cash or propert found by the commission to be O equivalent value. No stock shall he is sued at less than par by suc companies, Bonds, coupon note and other evidences of lndehtednes may be issued by such company at los than par but shall not be Issued fo less than their fair market value q determined by this commission. stoc and script dividends by such companle are hereby prohibited.
 No con,nonv pan issue bonds ColIpo notes or other evidence of indebtedness payable more than twelve month away, to an amount, including thos already issued, equal to it's capita stock actually paid in,
 The laws as laid down cover all pub lie service corporations and go minute ly into details,