Gunnison news-champion., 1912-10-18

.I...s-.sal a. ia..'s. ..a-"..s-.s, -..' -
-. = s.sF..- Nos = ssiss~'sT .s..i.a
- 80 ati-~ ks sssal A.s AZ > -
- sn-al-e fe =. sus~t psnlsr stasts sass
-eer = a. -sase---ss~ u - aus-r o.
~ .s,nas--..s @ 49, .;sps'...~. ~ 'ra 49, -
apa. sssllss,r.s' .Sr ssra rss-- sal
s..s- @ss.-as- e .',s 80 s'-. .@s ,-.. = - -
ga1I.s ssssssg A~- sss~s.>s ,A~ ~..s~s.s'
.sss,'ss -sss $500 - a. - - s.. - go - a.
.,.,,,. ss.s.. - - l.s.s .-.s-s y SO sss..s
~ % ..us =. ri sass~s ..s. ss~' 'ss =
400 .s.sn A-ss a. wsns - s-rsSr. 81
sne ' rsn-- ~ se'ss .n a.. - - - = - .. ss :,
..ars 4 sas sss~r rss..ss ss,.sss @ s.sassS y
~. .~se sonersi s~s.s~~. sn.s,.ed y
,s,. ~ ss..s -s sr 81. "a y .. 49, ... ~ - s ..as =
y ss-r'...-, or s',ra.,ss ~ sss., s~ 80 - =. % o.
sss s' ,S--ss % .-sA s:s's.-'.s .:,,s ss', W., gss no
.tilisg snsas~s Va q Su1rrsss esa4r q ha.
.as s-'.,"s .,.ss. = ..s s s,s ss:s :-' "a !.
bombs notes ssd o>,-v r~i.l-sevs ~ In
.sss ,s.s','ss-- sas sas.n s.ss r,r..- q s m.se
namely. f'.r she rrrssi-s,icn e ersp~r-s
et ss,r the roussrurstse comps~s 'cn exfes-
-ion or sInprosensrDs - Iss saciistsc~. plant
"-f"m and in-' -um~nsnist'-~ - for W
inpr"ves'en' or mstpsssssee - ~ srrvtrc.
~ W tbs si~rhar0 or lawful r~fnnsIine
~ ~ :"iiEsi,ons. or s.sr 'he r~ssshnr~
Income frs,m srv sther moncys ia the
treasury Of she ruis>tc ufil.fy nrs secures;
~ % shsainod srom The i~-re ~ stocks
ofher cvisicnres q Irs~hs~dne~~ ~ -.rn
nuhir ufiiirr wi-hin Slrs veHrs n~xf prior
70 The Wing cf sn aopiicsfi"n wish the
fof any - she ss.r~-ala purp.--r es-rpf
aintHnHncr " -rrvicc aud repiscons.n-~.
ln cases whore tho s~pslnsnf sbrn have
oxpcnditnrrs In such mannor s- 70 auah,e
the comni--ion To w-~-rtain tke amount
" moncy~ 80 exrcpslrd aud the purposre
wr"ci',ed. that such publir utility. IN add
'lon tc the other rcquirruf"ate of lsw.
shall fir~f have ~ccurpd from the CON
mission an order aushorizine such issue
nnd stating tho amount fharr"f aud the
rnrpo>r "r nurpo-cs 10 whirh tho Issue or
the procrea~ rhcrcnf sre 70 he snpiird
nnd That. IN The opinion ~ tho commits
prorur"d or peid fur W sach l~~we i- roa
sonahs rc.uircd s"r sAr pu-.o~r OF rur
po-es Hpecsaed In ths erd.r. and thsf. %
cepf A. othcrwi~c parmittcd In the order
IN the - tonas. notee or rehcr evf-
d"nres ~ indebtedness such purpose or
purposc- are not. In whole tn part
rcasonah,v cha-Rcablc 10 opcvsfinG cs
ternlnc whcfher " VIII s~uc rwch order
NC commission msv hold a her ring and
mr. m,we srch a@dst,onnl inauIrv or ia
verfiamfion. nnd cssRs'pe sucn witnesses.
books. rnrcrs. @~~wWeuts and coufracts
sni TeouIrc rho f'isug ~ such data as "
msv deem 81 ass'sasre Tho ermri-sinn
may hv Ire order grant permission f--
fhe isrue ~ fuch stocks stock eertiN
rntes. or bonds. notes other cvidences
81 indehtedpess IN the nriounf appsscd FOR.
OF IN 'csser awoWrt. or not ~ ell. and
nav attach ~ the everrise ~ n. rerms
sion surh condfton "r conditions es " mny
doom reasonable and rccc~-nry. yhe com-
notes other evidpnrc ~ lndststesiness
t-ss than. ro-t-aicue fo ~ ~-crtcr than
fhe n"ih"r'xed or sue~cribcd earssa' sta,.t
@ public utility corporation. No prhlic
mtsiitv shall without the consent az the
rom mission. r"piv the i~sue ~ snv stock
or stock certific~tc. cr bond. note or other
fbere"s ar ~ ,nv ,n"rssc-s rr.cs ,,: ~ c"y part
nnrpo~e not swr~l9,pd ~ tho r~snrpl.eIon,s
'rder or - any purP"sr specified IN the
eomw'-s'"a's "r0cs w excces ~ tho
.re ~ diswo~c ~ The rsme on anv tcrnss |
less favorrhlc then thnee snes.tfsed IN sveh /
order ~ nodsficss,o~ th.vp~f pxA- |
noses and not IN vio,seesa y cav provtu6oe |
~ this art or anv ether act. rayshDp =
eers"As of not m~re fhaa twelve maaeAa |
withcwt sAe cowscwt ~ thc csmminai00
hut no sncN nac shsN. 'a wAotr -
'n part. he refuuded by any isrue ~ atorha |
~ aRv term er character or suv other evi- |
denre ~ Indebtedness. without the Goa |
snnt ~ the commission. The commisxaoa |
i.alization of the right 20 ~ corpcsc- |
tt~r
ID, Tho commission -Msh have the NV |
or 10 require public rtilsespa ~ accorpf for |
the aisnosition of the rrereds of an sales
of stocks and stock rertiffcntes audf hoad,
notes and other evidences cf inselte,pe.s
" such form aud detss' ss II may deem
as II NAV deem reasnnsh and
necessary To Insure the dispos'tion of suck |
proceeds Tor the purpose ~ purposes spes1 |
'c, Exccpt as In this act provided. IN |
stock End every stock cevtfficste and evevV |
bond. note or other eviarace os indehteA- \
ness OF nuhlie utility. tusueA without - |
order 81 the commission awthorisine ~ |
50 me then IN effect shaH ne void 80 |
likewise al stock and every certifscote, |
Of a pubyte wtiiity, leswel |
with the authorization ~ the commiecloN. /
hut not conforming IN kr prc-ssioNe te |
by the order Of the Authorization X tSe
commtsrion TO contain. eAAu ~ vo,A. M |
NO failure IN anv other pe~pe~t N ros.ulV /
WITH the te~ms or conditions ~ the eeNev
N authorization ~ the eomsulssioo sAau
render void anv stock or stork rcrtif,rete
or snv bond. note or other evidence ~ |
'. 'mnehseaness. e,cept as - cornoraticn cr
person taking the same efAerwi~e than N /
good fnith and for valve and witNeuf |
actual NOTICE
a. Fverv rrhiic ut,lity which dir~ry,~
or indirrrfiv. issres rn.se~ to he tssv,eN |
any stock or stock ce-.'A~afe. ar bond. note
or ofher evidence ~ tnde.lstedbe~s. exc~Ut A. |
Prorfdcd ~ rh's act. IN non -couforntfv
WIN tho 'avfnl order ~ the commtsuion
fufho-t7frg ~" Same. and ronfrsrv ~ the
provisions n this oct ana ~ the co,stttv
lion o. laws ~ this state. nv which an
plies the proceeds from ne sale they~oR.
~ nnv narf thereof. W anv purpose ,,thcv
man The nurpcse purp0sas spec'fied "
fhe commissions order. ~ herein prov,Sel !
'r IS allowed by law. ~ 70 anv purDo-e |
snefif'ed In the commissioner order In es-
.ees of the amount In saiA order authcvtseN /
Tor such rurrose is suhirrt "a n ppvelfv
" not, loss than five krnArpd aoileys nor |
more than twenty thousand dollars for |
each csfrnse
'ei Every ceficer. agent or ernplov~e ~ l
puNiir -fitttv and everv athcr r~rs~n
who knowingly nu'horiyc< dfrrrfs ride IN