Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1913-08-29

gotiable bonds. then outstanding the cash capital
actually paid in the storage capacity and location
rom the engineers employed provided by section
so e, Of this act and such other information and
Easements as said commission shall require together
WIN recommendation of the amount Of tolls neces-
snS 70 pay sneh cost Of maintenance operation
elau ist return OF six per per annum on the
saliai invested including the par value Of the out
to the ,esvISule PONDS and recommendation
. OF improved powers in accordance with sec
uon four Of this The railroad Commission shsil
posed to be charged with tolls ten DAYS notce by
man OF the amount Of tolls recommended to IL
charged against him and of the time when and ths
i piacc where the railroad commission viii hear oh
sseuoHs 70 the proposed tolls The railroad commis-
SION shall at the time and place appointsd hear al
oo3seuois made and may take evidence and snake ~
rt;St 70 ue MADE Independent Investigation Of me
tanay OF the same, and may adjourn from fins
ahon. ~, aHu shaiL as soon practicable on or
s ne and certify the amount Of tolls 10 Re collected
WAFER power operator for the period under
ma anS S1on. ana such tolls shall thereupon be
i fTT Hnn paysnle to the Chippewa and Fiamheau
6Section 81 2. No capital stock or necot,abla
until .S snan Improvement company shall be issued
mittes to tbe issue snereot shall have been sub
said coo,ns; roIroaa commission of Wisconsin and
SAY commission shall have ascertaned eterIntneS
slderation of money or labor or pronerrv ~
tnr tae money value actually received hy said com
ne the duty Of said commission 10 act promntlS az.
Nv f sun proposltion submitted. The money received
Saie OF us negotiable bonds shall be used onIv IN
payment OF the original of purchase constristan
Ir-A~
for plSs ay thereto and necessary to prepare
lecteS ustsm ne upon the same; and all tolls col
see.en as herelnbefore authorized shall no annsd
o oy e uie payment of the OF maintenance and
iu v. q the system and payment OF the NOT
tbt on tne capital above provided for 10 the end
sban e capital stock and bonds OF the Corporation
sti gu pe maintained at par value at ali times
e4o lawn T. ia nere Is added to section g. Of chapter
j .. For the purpose of providing funds With vbi.h
70 ereeI or acquire dams reservoirs rights and
If e ior the purpose of carrying out the purposes
ment Ms aes SAID Chippewa and Flambeau Improve
Inc t Tonpahy shall have the power upon proc,lr-
ns ;sutnoIlV from the railroad Commission ~ VIE
bonds 50 70 DO to issue its negotiable Interest bear ne
teta9s 70 an amount not exceeding one-half ~ Tia
oa cost Of such improvements bearing interpst ne
~ exGeed SIX per cent per annunn and sec,,re
(yiSed ~. tsieol DS mortgage Of its property pro-
and tae "a the event any such bonds are issued
be- @ az earnings Of the capital stock shall
o itesteu subject to the approval Of tbe rsros5
t pdsslo sion as sinking fund for the purpose Of NJ
ba ns sueh outstanding bonds and while anv sucr
10 tI aIe Outstanding. dividends shall be maid
tslned etthaolueIs OF reconl. ANYTHING herein con-
[ sseet, 70 tle contrary Notwithstanding W.
and publication W e"eSs upon passage
Approved August Z 1914