The Birmingham age-herald., 1911-07-09

with foreign nations. excepting corpora tions subject to the act to regulate com merce, approved February 4, 1SS7 as amended, but including pipeline com panies, shall within four months after this act takes effect, or if organized or otherwise becoming subject to this act subsequent to such taking effect thereof, then within two months after so becom- ing subject to this act, furnish to the commission in writing statements show ing such facts as to it's organization, financial condition, and operations as may be prescribed by regulations to be made in pursuance of this act together with similar statements as to all of its subsd- iaries. Such statements shall be made as of such date as may be prescribed by such regulations and shall be verified upon oath by such officers of such cor poration as may be directed by the said regulations.
 Sec. 5. That the said commission, upon finding that said statements comply with such regulations so far as applicable to such statements, shall enter such corpor- alton for United States registration upon books to be kept by it for that purpose, and shall also record the statements so filed, together with the application
 Sec. 6. That all corporations so ad- mitted to registration shall be known as
  shall have the sole and exclusive right to use, in connection with theH corporate title.their securities, their operations, and by way of advertisement of their busi- ness, the title United States registered, or any convenient abbrevation thereof so long as such registration shall remain in force.
 Sec. '. That any person, corporation, or company willfuly using or publishing such title of United States registered, or any title or form of words or letters reasonably indicative thereof, in eonnec- ton with the business or securities or name of any corporation, with intent to represent thereby that such corporation is at that time registered as provided in this act, shall, unless such corporation be at that time duly registered under the terms of this act. be subject to fine of not more than 5000, and each day of such publication shall constitute a separate offense.
 ''Sec. S. That all corporations subject to this act and their respective subsid- iaries shall from time to time furnish to the commission such information. state ments and records of their organization. business, financial condition, and man agement, at such times, to such degree and extent and In suon form as may be prescribed by the said regulations to be made under this act, and shall at all req sonable times grant othe commission or its duly authorized agent or agents, com plete access to all their records, accounts, minutes, books, and papers, including the records of any of their executive or other committees.
 "See. g. That the commission shall from time to time make public the information received under this act in such form and to such extent as shall be prescribed by the said regulations. Provided, how ever, that said regulations shall so far as possible, distinguish between infor- nation which Is purely private, and the publication of which can serve no public interest and such information as Is not so private and is of importance to the public.
 Sec 10. The said commission may at any time upon complaint of any per son, corporation, or body, or upon its own initiative, revoke and cancel the registration of any corporation registered under this act, upon the ground of either violation of any operative judicial decree rendered unGer an act to protect trade and commerce against unlawful restraints and monopolies, approved July ?, 1890, or under sections 73 to IT, inclusive, of an act to reduce taxation. to provide reve- nue for the government and for other purposes, which became a law August ~, 1854, or upO1 Brouiiu Ol idtcrldiiy HIT proper financial organization and security issue, occurring either before or after reg istration, affecting the interests of the public or of any large class thereof, ol of the use of materially unfair or oppres- sive methods of competition, or of tht violation of the laws of the United States prohibiting the acceptance of discrmina tions. rebates and concessions from thu lawful tariff rates of common carriers or of such othef material improper busi ness transactions as may from time tt time be prohibited by regulations mad' | in pursuance of this act by said commis sion or on the ground of refusal or neg lect to allow the commission access to its records of papers as provided in section Q 'erenf Wherever it shall appear tha anu oornoratinn subject to the provisions