The Bridgeport evening farmer., 1911-05-25

such company, and any person know ingly participating in or aiding or abetting the violation of this provis- ion shall be punished by a. fine not eXcee ding ten thousand dollars, or by imprisonment not exceeding five years, or by both.
 Sec. 26. If any shares of the cap ital stock or any bonds debentures, notes or other evidences of indebted ness of any such company shall be paid for otherwise than in such, and stockholders, officer, director or aiding, abetting or participating in any ver-valuation of anything re- ceived in payment for any of such securities with intenS thereby un- fairly to benefit. either directly or in directly, any person or persons at the expense of said company shalr be guilty of a misdem eanor punish able by a fine not exceeding ten thou sand dollars or by imprisonment not exceeding five years, or by both. Ev- cry person who shall knowingly profit, directly or indirectly, by such fraudulent over-valuation shall be guilty of a wrong against such com pany and in an action for such wrong such company may recover from such person as damages double the amount of such profit.
 Sec. 27 Every officer, director or participate in or aid or abet the is- sue of any bonds. debentures. notes or other evidences of indebtedness of such company except for what he in good faith believes to be to the advantage of such company or with out securing for such company what he in good faith believes to be the best obtainable terms for the issue of such securities, shall be fined not more than ten thousand dollars, or CT both, and shall be personally lia- bic to said company for double the damage to 1t resulting from such is- sue of its securities.
 Sec. 28. Returns Required From Public Service Corporations. The fore the thirtieth day of June fur nish to every public service company duplicate blanks for reports, in such form as the commission may pre- scribe; provided, however, that such blanks for reports to be furnished by companies engaged in interstate com merce shall be in forms, if any, re- quired by the interstate commerce commission. All reports shall be for the year ending on the tbirtieth day of June. All companies receiv- ing such blank forms shall return
 
 before the fifteenth day of Septem- Der in each year, with all questions fully answered. Such reports shall be signed and sworn to by the presi- dent or vice president and treasurer of the company, or by a majority of the trustees or receivers making the same. Every company which shall refuse or neglect to make such report shall forfeit to the state twen- ty-five dollars for each day of such | sion shall report such forfeitures to the state treasurer, who shall collect the same.
 Sec. 29, Contents and Correction of Returns. Every public service company shall make it's annual re- provided. and if it shall find it im- practicable to answer all the items in detail as required, it shall state in it's report the reasons why such de- tails cannot be given; but no com pany shall be excused for not giving such details because it does not keep it's accounts in such manner as will enable it to do so. When any such report seems to the commission de- | fectiVe, or erroneous, 1t may notify the company making the same, and require the amendment of such re- port within fifteen days from the | time of giving such notice under the l same penalty as provided for refusing or neglecting to make such report; | and the commission may examine the officers, agents, and employees, books | records, accounts, vouchers, plant, and equipment of such company, and may correct such items in such re- l port as, upon such examination, the commission may find ought to be cor | rected.
 | Sec. 30. Penalty for False Returns. l Etc. Every person who shall will fully make any false return or report | to the commission, or to any mem | Der thereof, or to any agent or any l employee acting therefor, or who shall testify or affirm falsely to any ma terial fact in any matter wherein an 1 oath or affirmation is required or authorized. or who shall make any l false entry or memorandum upon any account, book, paper, record. report, | or statement of any company, or who shall wilfully destroy, mutilate, alter or by any other means or device fal- | sify or destroy the record of any such account, book, paper, record, report | or statemen ent with intention to mis- | lead or deceive the commission or any member thereof. or any agent or employee acting therefor, or who shall wilfully obstruct or hinder the | commission or any of it's members, agents, or employees in the making of any examination of the accounts, affairs, or condition of any company, | aids or abets another in any of the acts above set forth. shall be fined not more than five thousand dollars or imprisoned not more than five years or both.
 l Sec 31. Annual Reports to Gov | ernor The commission shall rem l der on or before the first day of De- cember of each year a report to the governor, stating the general conduct and financial condition of all public service companies as ascertained by the commission from the returns of the companies and examina tions of the commission. together with such other facts and recommendations as, 1 in the opinion of the commission will will increase the public safety or be l for the public interest, together with the reasons for such recommends l tions.
 Sec. 32. Appeals to Superior Court. Any company, borough, city. town, corporation or person aggrieved by any order, authorization or decision | of the commission in any matter to which he was or ought to have been made a party may appeal therefrom to the superior court within fifteen days after the filing of such order, au- thorization or decision, but said com mission may extend the time for the