The Greeley tribune., 1912-10-31

Visions to the provisiNlhE iu M. q
!. rs required by lie mg5 ] Euy. &
shaiI Oh mo cOmnis5is1 or aud
other resnn'',' nut no uilBr5 eon
Terms or conditions Of py with
80 '@n,loh Of the COM 9fvtf o
o"aer coaa VOID any stock IN ~ sloa
dence OF any nyh h9nd, note 0r ,S 4 ee
corporation or person ltMtept as
Otherwise than In r,...fY .iNF the
fde una without uctuHf ,tla and
r.cuu Esery public utiinV' 'Ige.
.ee,iy or Indirectly. i.sI,. "A.cs
III, 70 De issued, any stock G- or q
auilcate. or bond noto Sr stock
ue,ce OF indebtedncas oder
viaed In this act, ln 1Sepl as
~, ene lawful order al H. l'or
.Ion authorizing tho r.ral,Ne ,Ne eom
trary to the provision Gf r. and
o! the constitution or 5.s act,
state. or which Rp1fIi. Tvs Of
rom the sale thct,oL Gr pfoc
snereoi, s, 10 any purpose othp- IRy
purpose or purpose Bg'i. man
commissions order ttleu In
vided, or as allowed tV rt,,'Itln
purpose specified IN tHe -'.,,, uf to
ORDER In excess or tho sp,1,,1.'.. IS
subject to penalty of I,, f9Fposd
iive hundred dollarg ret tss
Tense. 'vF each
.'e, ENery otiicer, event or ,,uu,
son who knowingly nutf,ri other
aids In. issues or tEerufr. lir
to be Issued or executed a uI ca
stock certificate. or boHi ny 49, Wocl
evidence of indebtudness vf
provided In this act in non uAytpt
with the lawful order OF ,i,, conform
sion authorizing the same r9n
trary to the provisions of III auu
Of the constitution or iSws ME- act
state. or who. In any procee8l1so VI
sns commission, Knowingly makes
with knowledge of rs fsisi,ssA tlon
causes to be filed with the r5,,.. ,se
any false statement or reDrss.u,.s
which said statement or r4nrasn.
tlon so made. filed or caused 10 la
may tend In any way To irfioos
commission to make an order ",,e
Ing tho Issue of any stock or sioci,
ttficate. or any bond. note or o,,,ss
dencs of indebtedness. or wbIeS
suits in procuring from the ronmIss
the making of any such order ar r
with knowledge that any false at,
ment or representation wa naS"
the commission. In any proceed,
tending In any way to Influence
commission TO make such order. Iss
or executes or negutlatss. or rauses
DO Issued. executed or negotiated
such st ock or stock certificate on ho
note or other evidence OF lndeb,tdns
or who, directly or indirectly Known
ly applies or causes or assists ia
applied the proceeds OF any uart rha,
OF from the sale OF anv stock 5r so
certificate, or bond. note or other AZ
dence OF Indebtedness to any p1rp1
not specified In the commissibB's aw1
order. or allowed BY law or 10 a
purpose specified In the cummissnd
order. In excess OF the amount auihoy
lied for such purpose. or who wi
knowledge that any stock or stock &c
tifcate, or bond note or other eyy
dsnce Of Indebtedness has been lssuy
or executed in violation Of any Of n
provisions Of this net. negoiiates /
causes the same to be negotiated sad
be guilty of felony.
(f) No provision OF this act, and 4
deed or act doue or performed under
I'M connection thercwtth shall be hej
or construed to ohlisate the state
Colorado to pay or guarantee IN an
manner Whatsoever, any stock or sloe
certificate. or bond. note or other evl
dence OF Indebtedness, authorized i
sued or executed under the prOvisioa
of this act.
(E) Except as otherwise provided
this act. all stocks and stock certit
Gates, and bonds, notes and other ey
dences OF indebtedness Issued By ar
public utility after this act takes e
of Incorporation OF amendments Inert
to or vote OF the stockholders or dlret
tors flied. taken or had. or other prt
ceedinKs taken or had previous 10 u
taking effect. of this act, shall DC vol
unicss an order of the commission az
thorising the issue of such stocks c
stock certificates. or bonds. notes .
other evidences OF Indebtedness sna
have been obtained from the gonmi'
sion prior to such issue provided. TIA
utility CORPORATIONS now having Al
thorized capital stock uusolo may SCI
or otherwise dispose Of samg OF no
less than par when authorized nY II
ticles of Incorporation or pN-l1Ws Q
laws Of the state OF Celore1G ''9gs ~
the consent OF the commission TO
commission may in all proper case
hereunder by its order impose sae
condition or conditions as It may oes'
reasonable and necessary ,.,..,.,
Section 43. All hearings hno 'nNes. p.
cations before the commission or al
Commissioner shall be governed by IN la
ACT and by rules of practice ana pt.
cedure to be adopted by the euu,.n,
sion and in the conduct thereoi Atltn' l'
tho commission or any eS.i'' ',iS,-i' .l,''
shall he bound by the technical tu.' '
Of evidence. No iormalliy IN any m ptS
cecding or In the manner a. aa'g
Testimony before the comm ss.un
any commissioner snail lnye ,lA's - :.
order, decision, rule or resu W., ,,ii
approved or confirmed oF wac
sion. ,.,,,,,ssl,p Al
each ach~commissioner shall have power
issue writs OF summons, su nj
warrants OF attachment In wy "'
manner and to the same 'N''m
courts of record; The pro- sog,rl
hv the commission. or anE lon,pp' I,
sioner. shall extend to all paris % 81.
state and NAV be served og 49, ~
.on authorized to serve process,
rourta of record, or by any peIsu" -,
i1nated for that purpose Oy ~ b.,
mission or a commissioner
son executing any sucH r,4y
allowed by the commission; ~ w !.
ceed the fees now presrribea ~ :.
Sor similar services, ana epIn
sS.,i ha maid In the same mAHHs'
nrovided herein for payment %
fees OF witnesses. 49,.
Section 45. ta) The com n,n'Sa,G, S.,,',,'.r
each commissioner shail nA's ,gfir
Administer oaths, certliy 10 - -si,sI
ncts and to issue subpenaS l"i ,-.I,
ssndancc of witnesses and tNt l.''
tton of papers. way bins, u.ehs,
co,,nts documents and teS'lli...s
nny inquiry. invcstlgatloh, 5f7
proceeding, in any par' q. ~ by
Each witnc6s who shai' appr'', ,..,rnfa
drr of the commission or .vltta,'
sioner. shall receive iIasi.. H. % allowed
law 10 the witness IN elNlI yasr ~
smount shall be paid ny tuI q,
-hnsa request such witness E.
nnnaea when any witness 4t.
not been required to att'h" y''bn9.r.
ousst of any party enp'' ,.aa and ml
~ the commission. his lctF a@,,as
shaIi he paid from the lulvs li''l., ~,
.rr,.ecd for the use OF tue 49,.
sstcr ar the same manner ~ ia !
nsn.e, Of the commission a'u y,b
w,fncas subp~naed tN.ofa fa,td from