Gunnison news-champion., 1912-10-25

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N, She ccmmss-ien sssu Navp she Mo-
- ~ seewre p~eec wsiisesss ~ secorpt ess
tne @sSo0osttoN ~ the rrneeN1o a al nolee
~ st"~hs and stock cortificNtee. and honsss,
notes rnd other eviAencax ~ snAr',ecdpeNs
N such PORN nnd dcsrN ~ IT NAV Nr~vr
advisable and TO e~tnhllaA aueA ru2cs and
regulations as II NAV Aee,n pessonahle ana
neccssrrv TO f,surc the dtspnsstion ~ sust
proceeds Tor the purpose or r~Fposes speci-
tc' Excert rs In this act psoviAeN. IN
stock aaA every stock c~~+sflc~Se and e~eVv
bond note ~ other evidence - ind~hteA-
nrcs nrcsr "e,s utility, isswsH w!thewt e
snme then In efSect shall Ne vciA sWA
hkewise all stock and ev~sy e~vttfseo4e
md ar everv bond note or "thes evtaepcs -
indebtedness Of public wtiiety, Ssswel
with the autAovisrtior ~ eAe ecmmlsuaon.
hwt NOT coWformine in NJ psw~ssoe0e ~
the rrcvisicns, y any, whssA h y resvapel
commi~sion 10 contain sAeN ~ ve,A: r1t
No failure IN any other ve~pert 10 cou,NSv
"-tth the terws or copdtttNNs ~ the eeier
OF nrthorsHatioa ~ the eNSnwteston sAaN
render void any stock or atNe.k certificate
or any h"nd, note other evidence ~
Indebtedness. except as 70 q eorporatiop ~
person taking the same cfAePwtse than N
good sahh nnd for valvs and witheat
tdi Fverv r-hie utility which d,re~tIv
or indi-ertiv. issres or cs~era 70 he ,sesrpA
any stack cr stock ee-sihc~te ~ hopA note
or other ev'derre of indeht eaU~-s exr~uN a.
prnrF"f " THIS act. In NON con fopwNytv
WIN The lawful s-ier ~ the eemNySusor
euth"r'-tne fhc same. and eentvavv 10 the
rr"vtsions ~ this ac. and ~ the c,rstet.-
ton ~ laws ~ This STATE NJ which an
piles the procechs from ~ sale theppsf
~ nuv mart thereof 10 ap~ psrpoee vfher
than Vse purnese ~ NurrN~rx ar>cfied "
the comm'ssicn's order as hereip pYcv,d~A
or ns allowed by law. or 70 anv prypos~
sre~fftee In the eommisss,r's order In ex-
cess ~ the amount IN SAID c~dev authorfseA
Tor swch Purrose, Us srhic~{ No \ penalty
~ not less then five hvrNveA aoi,srp NOR
moe Than twenty thousand dollars fof
each oefensc
tel Every officer. agrut ~ e,urlovep ~
rrh'ie ~fi''tv and every other rcvseu
who Knowingly authorizes directs aids IN
Issues o. executes ~ cavsc~ 70 he iSs-.~d ov
eNeented a"v stset or efo-k rr-s.e~ete
~ bond. rose or othHr s,-idenee ~ I'M ufelw-