The Elbert County tribune., 1914-10-30

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p.id ay ri &. tss. nss Or e sh:fs so
ids2ieei ~. suedivisIcn w HEREOF A. the con
sSise. is9 ps9nit IEr or sei rixht OF 's'A iran
tcl The eommission shall have the
power to require pubitc utilities to ac-
ds 53r +: ..: sex ef Ia .osr
.oe e nSnd o.:: ana snss osn
abs. and TO sstsblish such rules and
regulations as 4 may deem reasonable
o. sneS pros.sds q nor for the s' pnrDos. rDos'ioa or
purPosen speclfed in the order.
s Az Al stock ana SoSs SSsry stock esrt,fi- ,ha
evidence of indebtedness. Of a public
utility. issued without an order OF the
ssoek and svsry stock csrtificste. and nd
not: o puSe Sesu uts s
with the authorization, OF the commits
s,o,. s,on but /, not not conformins n its PES,
il is required BY the order Of author
nation of the commission to contain.
other respect to comply. with tho terms
or conditions OF the order of authorIz-
soa Gr tss ssosS on soeR hf end
any bond. note or other evidence OF In
debtedness. except as to corporation
than IN good faith and for value and
without actual notice.
(e) Every public utility which. d.
rectly or Indirectly. issues or causes to
be issued. any stock or stock certificate.
or bond. note or other evidence Of In
order of the commission authorizing the
same. or contrary to the provisions of
sa shis act, or @ Sf the s9p7stitntion VT OF this
from the sale thereof. or any part
thereof. TO any purpose other than the
commissions order. as herein provided.
or to my purpose specified In the
e%onnt in said r'e order n Authorized snfss @ fos
Of not more, than twenty thousand dol
.(f) Every. officer. agent or employee
of a public utility. and every other
rects. aids in issuing or executes. or
causes to be issued or executed. any
stock or stock certificate, or bond. note
non-conformity with the order Of the
commission authorizing the same. or
or or OF she constitution @ Of q this ''s state. ate
or who. in any proceeding before the
false statement or Representation or
with knowledge of It's faisity files or
causes TO be filed with the commission
which said statement or representation
SO made. filed or caused to be filed may
mission to make an order authorizing
the issue OF any stock or stock certifl-
sncs Of noss Hdhsr .s.s. y
In procuring from the commission the
making Of any such order. or who. With
representation was made to the COM
mission. In any proceedinE. tending in
to make such an order. issues or exc
cutcs or negotiates or causes to be
issuea. executed or negotiated any
bond. note or other evidence Of indebt-
edness. or who, directly or indirectly.
TO be applied the proceeds or any part
there thereof; iT9m the sale h Of any stock or
pose not specified in the commissions
order. or to. any purpose specified In
amount authorized for such purpose.
or who. with knowledge that any
or Other 0en evidence Of indebtedness na hS has
ony of the provisions Of this act. neso-
tiated. shall be guilty OF . felony. and
punished accordingly.
deed or act done or. performed under
or in connection herewith shall be
neld or construed to obliRate the State
of Colorado to pay or guarantee. in
pny manner Whatsoever, any stock or
stock 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 indebtedness issued by any public
utility after this act takeB effect, upon
the authority of any articles of incor-
poration or amendments thereto or vote
OF the stockholders or directors filed.
taken or had. previous to the taking
effect of this act shall be void. unless
an order OF the commission authorizing
the issue OF such stocks or stock cer-
ttffcates. or bonds. notes or other evil
dences Of indebtedness shall have been
obtained from the commission prior to
such issue. Tho commission may by.
Its order impose such condition or COM
dftions as II may deem reasonable and
necessary.
unto set my hand and affixed the
Great Seal OF the State of Colorado,
at the City of Denver. this twenty.
sixth day Of September. A d. 1914
JAMES B. PEARCE
(SeaD Secretary OF State.