Gilpin observer., 1912-10-31

VISIONS TO the provisions. III any, whicn
1t Is required by the order of author
ization of the commission to contain.
shall be void; but no failure In any
terms terms or Conditions Of ny the order Of aue M
thorization, of the commission shall
render void any stock or stock certifI-
dence Of Indebtedness, except as to
corporation s or person taking the same
rectly or Indirectly, Issues or causes
tfeate bond note OF oSeT es ev
dence Of Indebtedness. except as pro-
vided In this act. in non.conformity
sion authorizing the same, and con-
trary ty to the Provisions of this act. and and
the whsS ppea tSs % sns
from the sale thereof. or any part
thereof. to any purpose other than the
commisslon's order. as herein pro-
purpose specified in the commissioning
order authorized for such purpose. is
subject to penalty of not less than
twenty thousand dollars for each Of
fense.
.(e) Every officer. aren't or employee
of public utility. and every other per
son who knowingly authorizes, directs.
aids In. issues or executes or causes
to be issued or executed. any stock or
evidence of Indebtedness. except as
proyid@ed led in this act; in M non,eonformiity nc, i.
sion authorizing the same, and con.
trary to the provisions of this act ana
state, ST. "e or Who. in AM any proceeding before
the commission, knowingly makes any
false statement or represe,n.attiiHn piS,,r tiaa or or
causes to be filed with the commission
any false statement or represen.a,,ton, pnt
which said statement or representa-,
tion so made, filed or caused to be filed
may tend in any way to influence the
commission to make an order .aIoil au.hor nar-
tificate or any bond. note or other evil
dence of Indebtedness. or which re-
the making of any such order. or VINO,
with knowledge that any false state
the commission. In any proceeding,
tending in any way to influence the
commission to make such order, issues
or executes or negotiates. or causes 10
be issued executed negotiated any
such took or stock certificate or bond
note or other evidence of indebtedness.
or who. directly or Indirectly. Knowing
ly applies or causes or assists to be
applied the proceeds of any part there
certificate. or bond, note or other cvi.
dence of Indebtedness. to any purpose
not specified in the commissions ia lawful
purpose specified in the commissions
order in excess of the amount author
knowledge that any stock or stock cer-
tificate. or bond note or other evil
dence of Indebtedness. has been issued
or executed in violation of any of the
provisions OF this act. negotiates. or
causes the same to be negotiated shall
be guilty of a felony.
rs No provision OF this act. and no
deed or act done or performed under or
in connection herewith. shall be held
or construed to obligate the state of
Colorado to pay or guarantee In any
manner whatsoever any stock or stock
certificate, or bond. note or other evil
nf IN s.
sued or executed under the provisions
of this act.
this act all stocks and stock certifi-
Gates. and bonds, notes and other evil
dences Of indebtedness issued by any
feet. upon the authority OF any articles
OF Incorporation or amendments there
to or vote of the stockholders or direc-
tors filed taken or had. or other pro-
ceedings taken or had, previous to tho
taking effect of this act. shall be void.
thorizing the issue OF such stocks
stock certificates, or bonds, notes or
have been obtained from the commis-
sion prior to such issue: provided. that
utility corporations now having au.
thorized capital stock unsold may sell
or otherwise dispose of same at not
less than par when authorized bv ar
ticies OF Incorporation or by-laws or
the consent of the commission. The
commission may in all proper cases
condition or conditions as 1t may deem
reasonable and necessary.
Section 43. All hearings and investi-
cations before the commission or any
commissioner shall be governed by this
act and by rules of practice and pro-
sion and in the conduct thereof neither
the commission or any commissioner
shall be bound by the technical rules
ceedng or In the manner OF taking
testimony before the commission or
any commissioner shall inyaiidate any
approved or confirmed by the commits
sion.
Section a. The commission and
each commissioner shall have power to
issue writs of summons. subpenas and
warrants of attachment In the like
courts OF record. The process issued
by the commission. or any commits
sionsr shall extend ss ,sfvsd to s parts OF the
son authorized to serve process of
courts OF record. or by any person des.
ignated for that purpose by the com
mission or a commissioner. The per-
son executing any such process. shall
receive such compensation as may be
allowed by the commission. not to ex-
coed the fees now prescribed by law
for similar services. and such fees
fof Hs paysens of ,ss
fees OF witnesses.
Section IS. (a) The commission and
each commissioner shall have power to
administer oaths. certify to all official
acts, and to issue subpenas for the at.
tendance of witnesses and the produc-
tion OF papers. way bills. books. ac-
counts. documents and testimony In
any inquiry. Investigation. hearing. OF
Each witness who shall appear. by or
der of the commission or commits
sioner. shall receive for his attendance
the same fees and mileage allowed by
law to the witness In civil cases, which
amount shall be paid by the party at
whose request such witness Is sub
ppnaed. when any witness who has
not been required to attend at the re-
quest OF any party shall be subpnnaed
bv the commission. his fees and mile
age shall be paid from the funds np-
propriated for the use OF the commits
sion In the same manner as other ex-
penses OF the commission are paid. Any
witness subpenaed except one whose
fees and mileage may be paid from the
time Of service, demand the fee to