The Meeker herald., 1912-10-19

shall interfere or be ABOUT 10 ihteI.e.
Of the line. plant or system Of any
other public utility already construGt-
Cd. the commission. on compliant o. ,ne
n affscted. may, aftsr hearing. make
such order and prsscribe such terms
and conditions for the Location OF the e
It may seem Just and reasonable: and
provided further. that nsithsr SAID 70
certificate. nor 2 f..nchiss. tn IL i.cense ~
10 an applying public utility FOR the
right to eonatruct S g. operate e, . .trsst 1esst
any city. town. village or locality then
occupied by another such utility. CIV
and capable OF serving said city. town.
village or locality under hs tnen ea nss.
ing plant or sysfem. or A. me sans
(b) No public utility Of = class spe;,
cified in subsection Ia hereof shall
henceforth exercise any right or n,,t, priyt,
hereafter granted. or under any fran.
chise or permit heretofore granted but
not heretofore actually exercised; @ OF
pended for more than one year. with
out first having obtained from the COM
mission a certificate that PUBLIC com
srcise % Of such right Or prlyilese; pro;
vided. that when the commission shall
find, after hearing. that public utn-
struetion WORK and i pro:ecutin9 such ;i,
work. IN good faith. uninterrnpteay
and with reasonable diiiEenes In n,9sp- 9s1-
tpsEtna peEtiSn to Sndes ses any franchss p.imi.
heretofore granted but not heretofore
.sts.y s.srsIssS ,ssn sUp.sion Hssl' Of stS snsS
snsaei.s .Sar sne SUCH ay yfsht Or psiEii:ss; pso.
yIded; that nothing IN nv th,s nt,,ity n from rom
or ereErd Eranssd by the constitution Q. Esn-
lay, Of the s.s.s Sa ay issue.
under this section. a certified copy Of
lis articles Of Incorporation or char
4 M s.S sPPetssns FL tss Dies sf S9 ss
mission, The commission shall have
power, after hearing. to issue said Ger.
sbs :. prsysa iS. 20 issu. Il Tor the
construction Of portion only Of the
street railroad. line. plant
or system, srciss or en.sns,Hnl only of said rifSt
OK eIerei.s Rxf 81 the Fight granted hy said
,usn tenn sss nhie ana eonvsDiencs
and necessity may REQUIRE. II public
utility desires TO exercise Q right or
psish p5s,yi,1sEnt unSsr eont.mpiases Securing. but
which has not AZ yet been granted 20
Il. such public utility may apyE ito to
the snsry eomms0n n N. issSs q the eertificsse
rns commission may thereupon make
an order declaring that 1t vii thsrs, re
.si:: ,s. .n9 neon ;%se
seribs. issue the desired certificate.
upon such terms and conditions ~ II
es.ain.d ts s'ss ssntsmpisted franz
chise or permit. Upon the present:-
tion to the commission Of evidence sat
nermft has been secured by such public
1T jiity, the commission shall thereupon
issue such certificate.
SECTION a. Every THsi,fi .i.St stiiisy to eSr- eSr-
chase or otherwise acquire. and to take,
hold, own and control. any part or Az
Of the capital stock Of any other PUBLIC
business. Organised Or eIi.ting under
Or any other state. and S1ine a,I business IS
terrifory. occupied or about 70 be oc-
cupied by such purchasing utility: pro.
viaed. howsver ths. that ., ut,,sy hnnd. may no.
other utility engaged in . different
class Of business.
Section "a. t.) a public utility may
bonds. notes and other evidences Of
more than twelve months after the
poses, pose and no others namely. for ths sc-
struction, completion, extension or Inn
psGvsmdni ts% and instrum. 81 I'M ntsiitiss. Or Tor Inc
improvement or maintenance OF its
service, or for the discharge or lawful
reinSburSement of moneys actually sx-
pended from income or from any other
moneys in the treasurey Of the public
lItility not secured by or obtained from
the issue Of stocks or stock certificates,
or bonds, notes or other evidences of
Indebtedness of such public utility.
inS az AN application with the COM
mission for the required authorization.
for any OF the aforesaid purposes sx-
placements. in cases whore the appli..
cant shall have kept its account and
vouchers for such s1PsnditnreS pen II sufn n
ascertain the amount of moneys so eI-
pended and the purposes for which
;Sst sSsh sneR pubiic utility. In .dditon TO
first have secured from the commits
sion an order ts. and IN:
purpose or purposes to which the Is
sue or the proceeds thereof are to be
applied and that IN the nppnaE,Y oplniS,n OF OF ine
Dor to .be procured or paid for by such
issue 10 reasonably required for the
or sse.pt as
permitted in the order in the case of
bonds. notes or other evidences of In
ere eretsoni not, n whole Or il part. reasonably
ehsrEssbie 10 operating expenses. Or 70
Whsther 1t will Issue such order. the
eommlss;on may hUIS hespinf ,pn,v and
inyestiration, and examine such wit
nes.ss. books. papers;n - doSpmsnts s;Mn and and
data as Il may deem of assistance. The
commission may BY its order grant
or stock certificates; or bonds. notes or
other evidences of indebtedness in the
amount applied for. or in lesser
amount, or not at all. and may attach
to the exercise .of Its permission such
Condition or conditions as It may deem
reasonable and necessary. The COM
mission may authorize issues of bonds,
notes or other evidences of Indebted
ness. less than, equivalent to or greater
than the authorized or subscribed cap-
itnI stock of q public utility corpora
ton. No pubiic, u, utility shall. shall; without
the issue Of any stock or stock GER
tificste, or bond: :,nst note or other evi,
thereof, or any proceeds thereof, to
any purpose not specified In the COM