The Greeley tribune., 1912-10-17

and every stock riiFSVWlhe all
So,i, note or other evig5, ana
with ~, OF public min, o.
~; M;,n me authorization oI tt,'tE.
sion. but pot coufornJ,. tue cog1
VISIONS 10 the provision AZ It's
u ~ required by The 0rd.r my.
Ion sIaI' OF NE commission t ~ Au
snait sit oe void. but no AIM coI
other respect to rnt,t1 t91llure ln
Terms or conditions OF it.' with
thorllation OF tho conn.,, Hil4 4rt
ce's 'oiu any stock on atgII-
cate. or any bond, note ar ~, ge
oeRce OF indebtcdness ,e. uthgr
corporation or person trI,Tr,l As
otherwise than in good ftIi, lhe
ssiSS ana without actual nottcSSu Su
rectly or Indirectly. issues whieiI
70 Dc issued. any stock sr
tificate. or bond. note ar lex
ushcs oI indebtedness eyte1f
vided In this act. In no1-.s-sis nons rs
with the lawful order ef nv htor
sion authorizing the Same I'm
trary to the provisions of fii.- 40
OF the constitution or law. ~
from the sale Thereon a., pr9c
thereof, to any purpose of ,rr tI
purpose or purposes spaaIll,i '1nI4
commissions order, Ra Heralr
vided. or as allowed by iay. ~
purpose specified In tho e5v,Itt 70
order In excess of tho anfe,It,
order authorized for Bueh rl,,'in in
subject TO penalty OF uot
five hundred dollars nor nI5-1
twenty thousand dollars for .
fsnse. '' tAeh
tel Every officer. arent Or .,,,.,
OF public utility and eygrv r,iI6l
son who knowingly authorize 5ir
aids In. issues or execute a. w
to be issued or executeG, any e.,
stock certificate or bond not. ~ ~
evidence of indebtedncis 49,,
PROVIDED In this act; In nol-confdr,
n Uy nj
sion authorizing the same ,,9IH
trary to the provisions Oh tbis ~,
OF the constitution or laws ~,
state, on who. In any proceeding ia
false statement or reprpFe8t5iIeu
with Knowledge of It's fsiEitS t,1n W,
causes to be filed with tue c6m1pt.
any false statement or represegtal
tion 80 made, filed or caused 10 lie \
may tend In any way TO Influence
commission to make an order ntibr
Ing the Issue of any stock OF stock
tiftcate. or any bond, note OF other
dence of Indebtedness. or which
suits In procuring from the commits
the making OF any such order. or
with knowledge that any false 81
mont or representation was made
the commission. In any proceed
tending In any way to influence
commission to make such order lss
or executes or negot!ates, or cause
be issued, executed or negotiated
such stock or stock certificate or h,
note or other evidence OF indehttdn
or .who. directly or indirectly knowi
~ applies or causes or assists 10
applied the proceeds of any part Ind
OF from the sale of any stock or 81
certificate, or bond, note or other
dence Of Indebtedness to any purp|
not specified in the comnlssl0n's !aw
order. or allowed by law. ~ To
purpose specified In the commlssio
order, In excess OF the amount auth
tied for such purpose or who, W
knowledge that any stock or stock Il
tificate, or bond note or other q
dence of Indebtedness. has been issu
or executed In violation OF any of
provisions of this act. negoti1tes
causes the same to be negotiated sh
be guilty of felony.
Is No provision OF this act. and
deed or act done or performed under
in connection herewith shall be I'D
Colorado to pay or guarantee in Il
manner whatsoever, any stock or sto\
certificate, or bond note or other ed
deRce of Indebtedness, authorized
sued or executed under the provisiol
Of this act.
(E) Except as otherwise provided
this act. all stocks and stock certit
Gates, and bonds, notes and other ev
dences of Indebtedness Issued by al
public utility after this act takos .
feet. upon the authority OF any ertiol
OF Incorporate or amendments ther,
to or vote of the Stockholders or dire,
tors filed. taken or had or other pr.
taking effect OF this act, shall be vol
unless an order OF the commission Al
thorIzing the issue ct .urh stocks I
stock certificates. or ng.eS s- n.'es
other evidences OF indrhltQltas sh1
have been obtained from the commit
sion prior to such Issue provided ~
utility corporations now having AZ
thorized capital stock uusold may 81
or otherwise dispose Of same at 4
less than par when authorized by Il
ticIea OF incorporation or eF-AM
laws Of the state OF Coloraoo WHln1
the consent OF the commission Ia
commission may In a. Tgp.t o yss1 sss
condition or conditions rs II mag deer
reasonable and necessary. -.
Section AZ All hearings and invesu
cations before the commission 9l ~ ~
Commissioner shall be governed ny lhl
act and by rules OF prac' !Ge AHl pIo 4.
cedure to be adopted by the eon,!'s
sion and In the conduct thereof nei'he
the commission or any c9u'h'97.ul''ee =
shall be bound BY ans rssr'I1, ~ nay pro pro
ceeding or in the manner ~ ta"'I
Testimony before the comm ls5iuu
any commissioner snail iHya .iua'S va. :, a a.
order, decision, rule or resu u '"il ,',A
approved or confirmed by the eoH'r'''
Section A. The commission "a az
each commissioner shall have power
Issue wrIts of summons, SUI up'tna7 ,, ii,
warrants of attachment In we "n
manner and to the same fA''N. s,,,.
courts of record, The process .ssu' ,.
nv the commission. OF any coma,
sioner, shall extend to al parts OF ~ ~
state and may be served hy my Pu
aon authorized to serve process
courts OF record, or by any person w u.
irnatsd for that purrose by IIo IsIo te' .
misxion or a commissioner inc "
son executing any sucn process. -.
receive such compensation az Ra'
allowed by the commission, go' 70 :,
coed tho fees now prescfloou ~ ~
for similar services, ana shSn .
shall be paid In the same manu- ii
provided herein for payment "i '
fees OF witnesses.
Section l6. (a) The commission a.
each commissioner shall have power
sdm,nister oaths, certify to AL eii ly,
acts. and to Issue snhprhas Iv' ,H I'm
t.ndance of witnesses and tht l"'N
tIon of papers, way pilis. vi,,,,,T,,
cnunta documents and ieAIluvNl
any inouiry, investigation, htal'H5'
uroceedinn in any part oI tue s'|
frarh witness who shall appear, ~ x
aer of the commission or cum. .,,''
sioner. shall receive for his atttupI
thc same fees and mileage nilu"tNW +
law 10 the witness In ciNil Iasrs. ~
AMOUNT shall be paid by ths Pa' su
whosc request such wliness 10 /,
nonaed. when any witness ",Ss r
pnt hren required to attend az wv 'i y
49, any Marty shall be ANpN'ENI.