The Springfield herald., 1914-10-30

thori.e the Capitalization OF tho right
TO be a corporation. or to authorize
81: Of or thy rsS 70
ss esrmis. II s sass.. s q the" the .mG%nt % OK &
Itie.i suSdivlsion th:rsof az AZ the Ii con- on
sidsration for the grant of such fran
(cl The commisslon shai! have the
tor S &. to
Deeds of all sales of stock and stock
csrtifieates. and bonds. notes and 9TH
ssss. ssS @ TO sstsSlish sSeS % rule. 's and
.na q .s
Of sSss fSr the oISs
Of tenn aote pSbe
Sommis.ion ' suthorisins the same then
n effect shall be void. and likewise al!
with the authorization. of the commits
Il is required BY the order f' OF author
shs be- % ves Sae no fsiare n any
ns q of % the eTdsr % 81 ns s%sher!a er
void any stock or stock certificate. or
any bond. note or other evidence of in
es ssl.sn .sfsp a.. s.ns
than In Rood faith and for value and
without actuai nStice.. IT.. =,
ssctiy or Indirectly. issues pr causes to
be issued. any stock or stock certificate.
cebtedness. in non conformity with tho
order Of the commission authorizing the
ssms or contf.Ey to the DroysiSns y. ,n'f Of
State. or which applies the proceeds
from the sale thereof. or any part
purpose or purposes specified in the
commissions order. az herein provided
s1 .ny olasr the
amount in said order authorised for
such purposes. is subject to penalty
lar. for each offense.
(f) Every officer. agent or employee
person who knowingly authorizes di-
rects. aids In issuing or executes. or
cau.es to be issued .,i,,o or executed; any
non-conformIty with the order Of the
contrary to the provisions Of this act,
or Of the constitution Of this state
On ank tns
with knowiedEs OF Its faisity files or
any false statement or representation.
which said tatement or representation
sn made ID eS or aussd sa to be
mission to make an order authorizing
the issue of any stock or stock certifl-
dsnce Of indebtedness. or which results
In procuring from the commission the
Enowiedse that any false statement or
representation was made to the com
mission. In any proceeding. tending In
any way to Influence the commission
to make such an order Issues exc
rutes or negotiatcs or causes to be
sash oek or Stock any
bond. note or other evidence of indebt-
edness. or who, directly or indirectly
knowingly applies. or causes or assists
thereof. from the sale Of any stock or
evidence or indebtedness. to any pur-
pose not specified In the commissions
orc order; or to any ,dr purpose = spesiiied % I'm In
amount authorized for such purpose.
or who. with knowledge that any
or other evidence Of Indebtedness. has
been issued or executed In violation of
o. On ane th on ns 70 Be-
tiated. shall be guilty of felony. and
pupished accordingly.
deed or act done or performed under
pr In connection e,erewith shall be
of coiorsdo .l to pay 's or Guarantee. ant eAia in
rny manner Whatsoever: any stock, or
Ht0ck certificate. or bond. note or other
evidence OF indebtedness. authorized.
issued or executed under the provis-
ions of this act
(hl All stocks and stock certificates
and bonds. notes and other evidences
of indebt tedness issued bv any public
utility after this act takes effect. upon
the authority of any articles of incor-
poration or amendments thereto or vote
OF the stockholders OF, directors filed.
taken or had. or other proceedings
taken or had. previous to the takine
effect of this act. shall be void. unless
an order of the commission authorizing
the Issue of such stocks or stock GER
tificates. or bonds. notes or other evil
denoes of indebtedness shall have been
obtained from, the commission prior to
such issue, The commission may by
It's order impose such condition or con-
ditions as " may deem reasonable and
necessary.
In Testimony Whereof, have here
unto set my. hand aud affixed the
Great Seal of the State of Colorado.
at the CITY of Denver. this twenty
sixth dav of September. A. ID. 1914.
JAMES B. PEARCE.
tSeaD Secretary of State