The Greeley tribune., 1912-10-10

anu every stock ~ o 'lkewi,e
pond, note or N'fll'leats
uebitdncss, Of eyilepa
Win the authgrlgtt,I,hlle mll,
SION. but not cUn1f,l',0n Of tbr
VISIONS to the nr1,'ielII ming In
!. is required 6y tbt,''ps Il an
Izatlon OF tho Sn,,e ofder ot
sahll be void. mi ','shlon 10
.e.her respect Ia Nv failure
.Srins or conditions lnlily
tnoTization OF tLe vi We ord
render void any sfa,,y, oinmissl
cate. or any bobl OF stoe
uenee OF indebtcdnsssoo'e or
corporation or persna except
otnerwisc than In ' -. 'Aklug
value and without se,.a sDva iallh
tu) Every public ntRRi Hou
rectlv or indirceiiy utility y
10 De Issued. any sioti!a issues
titicate. or bond n5tIN " st
oence of indubtpdDsss,e or Vi
Viued In this uct. iss' eAceN
with the laWnl ot5u uoh-to
sion authorizing tFa ot The
trary to the proyIsin1. sajne
OF the constltutlnn ei lhh
state. or which 8upIf.r laws
from the sale fGsI.,,' The
n,'rn, re"i, TO any purpose ak.
- ~. Pose or purposes sp.rigSf-
vidad sS.oli m,. order, as bs,.
n,u,u, n, or as allowed bp l,ue ne'e
IA "a pusr speeitied IN The '% ro,n
oruer III excess u tho INA euUlH
oruer authorized for gG"h hsVlht
supJect TO n penalty AZ pg
ilve hundred dollars IN, POI
t,weh'y ,uy thousand dollars far ~o
tel Every officer. pgep,
OF n public utility and sv, sV W z
son who knowingly authSlE o'
nids In. issues or eSrr,,,,.I'es .'es
TO be Issued or cNecut,j w. o
stock certificate. or b5rj sNy
evidence OF indebtednes. '''e
provided In this act. la M, ex
with the lawful order ~
sion authorizing tile s,,-e ,0e
trarv to the provisions 1g ~
OF the constitution g- US
state, or who. ga any proeeaaHN,s
the commission. kn0vir,.tl
false statement or rebr,.,., a,l
with knowledge Of ~. i,ini,ll
causes Ia be flied with H.
any false statement or rs,.nl
which said statement a,
tion so made, filed or capssi ~
may tend iu any wag Ia ine'
commission to mako 1r srt..
Ing the Issue OF auy stock 9r "a
tificate. or any bond. n0ta 9- i,
dcnce of Indebtedness. or ,gs
suits in procuring from tho eon'
the making Of any slgb grl.r
with knowledge That nnv f,is
ment or representation Was
the commission. iu urv pra
tending In any way to ir}me
commission to make gllth 1r9s
or executes or nCgptIatls ar %,
be issued. executed or 1trerl1
such stock or stock certINTa,a
note or other evidence " Nl.h
or who, directly or iudlreetIy l.
ly applies or causes or assist
, applied the proceeds VI any 1sr
OF from the sale Of any stock
certificate, or bond. note or a,J
dence Of Indebtedness TO any
not specified In the CuMmissIon}
order. or allowed br iaW. or
purpose specified ll the comm
order, in excess NJ the amount
tied FOR such purpuse w WhX
knowledge that any stock Qr std
tificatc, or bond note or olh |
dcnce of Indebtedness bias been|
or executed IN violation uf any|
provisions of this act neroui
causes the same 20 be negotiated
be guilty of felony.
~ No provision " this act
deed or act done or performed vi
in connection Herewith shall
or construed to ohligate the S
Colorado 10 pay or guarantee
manner whatsoever, any stock o
certificate, or bond note or 9th
dence OF Indebtedness. AWhorl7
sued or executed under the pro
OF this act.
tgl Except as otherwise prov
this act. all stocks and stock
Gates. and bonds. notes and 9th
dcnces OF Indebtedness issued
public utility after this act tai
feet upon the authority Of any
of incorporation or amendments
to or vote Of the Stockholders or
tors filed taken or hpl, W oth
ceedings taken or had. previous
tnktnc effect OF this act. shall
unless an order OF the cnmmlss
fhorizing the issue ot such Sio
stuck certificates or bonds. uG
other evidences Of indebtedness
have been obtained from the 9
sion prior to such issue. provide
| utility corporations nov nayl'
| thcrizcd capital STOCK 4llsul9 H'
or otherwise dispose ui same
less than par when huNtoriEsg,
ticles OF Incorporating or p9-n
laws OF the state ri N1lvriuu,
the consent Of the culllill'ss,V.
commission may IN ~ pInps, r,,
hereunder by Its order liipus'
| condition or conditions y u '"4'
reasonable unG necessary.
S.ction 42. All hearlAss ana
yations before the commission
enmmissioner shall be governed
act and by rules of praeii,e az az
cedure to be adopted ny thr g.
siou and In the conduct 'he'rvt j.
the commission or any esuIa' lIiai
shou he hound by the ieehHiua
| 81 evidence. No formal4ly " a"
ceodinr or In the manner ".
tastimouy before the yoHllli,sis
any commissioner shall ilka.ua i,s,in,
orSer decision, rule or rtsl'pa,'V. y,
onnroyed or confirmed b! VIC y
abPt
| sion. ,r,,a .oumlsslo
oacS Commissioner SHAH Nase " Y,
issue wrlts OF summons in n
Sarran,s OF attachment ~ y
,naunrr and to the salle "a. eA
nn,,r,o of record. The pIy,e'9
he The commission, OF 'nS
sioner. shall extend 20 a1' Ia a.
state and NAV be server " n-H n
snn authorized to strlt ~
aonr,a of record. or bN aui pV,il
Sgnatea for that PURPOSE r
mission or Volnu',Ib Zen proces
son executing any ~ ssotInp as
receive such coilpe!,ji's. 'Silsion i,l no
allowed by the com i,'Iir.Sssrribed
ceed the fees now and su
for similar services s,ms ma
shall be paid In ths nayment
provided herein io'
fees OF witnesses. ,,,,is,
section As. ta) Inc Havs
..sh commissioner sha.l m ali
sSminister oaths. certify 10 o., a.
49,. and TO Issue subpu'iI', me
snSoncc OF witnesses Az Az Sn
| lion OF papers, way 5 pi''t 'ttestir
counts. documents ANON anq3 hea
.ux inquiry. iuvestlsa, ~, n
ansaadinr any di in any parl uo,, ~ a,
r,, witness who shaIi ar
, Euc" The commission 1i astr
as u,nrey shall receive i9t ,,t,,,a n,s ali l
siohel' ices and mileage a's .s
nv, w.. - the witness IN 1tN me
nmoun, .aw IN shall be PA pgb,d wiKtness SiK 'ss
wnass pGased. When "a any y WitsS5d' WsiteSd at
n9e.t noe t of any party shai' ,,i. fees py a a