Gilpin observer., 1914-10-29

0On0truCtlOn, PROVIDED. tnet tnlS ooo-
ton shall not be construed to require
certificate for an extension within any
%Seh Sis hh It sSai Sa%. Gas tsssr.sofors q lsWfu
ly commenced operations, or for an sx-
tension into territory. either within or
town. contiguous to its street railroad.
or line plant or system; and not there.
or Gy for an Within
necessary in tho ordinary course Of its
any such public utility. in eoniR+uctins
or extending Its line. plant or system.
shall ssl Int interfere or b. about to inter
lie utility already Constructed. the
lie utility claiming to be injuriousIy
effected. may. after hearing. make such
order and prescribe such terms and
plants or systems affected a. to il may
seem Just and reasonable.
.. ab) Ne public utility of = class speoi;,
aeecse IS .ny @ rsnt Of pr1 sh
lege under any franchise or permit
hefeafter granted. or under any fran.
the exercise of which has been sus-
ss9gaSe ss9g RGIs SEE Sstanaess 2as WITH
conveniencs and necessity REQUIRE the
e,;isa exerGtse OF such right or privilege:
Utility has heretofore bsfun actual aoh
such work. in good faith. unintsrrupt-
edly and with reasonable diligence in
proportion to the magnitude of the un-
NIT heretofore granted but not here a
tefore actually exercised. sYch pub
rS.s s % ans may n. Under SSh
sion may prescribe. to the completion
of such work. and may, after such
iieKe; and provided. furth.r. At tha. oa Dth thi.
idats any right or privilege now n:
under any law Of this State.
% Before any, certificate may issue.
Sedif OF It. .s s4css On
sha9des,,oI snnrtes II .sas, The sDDi,ssn' t Be
ille in the offics Of e'essn the eo@m,ssion hs
the commission to show that such sp.
ssnt or permit @ e9oh:a II: pson: sop
or other public authorIty. The com.
mission shall have power. after hear
for. or to refuse to issue the SAM. or to
tion only. of the contemplated street
tension th.reo{ or for II. 'p par,iai al @ ex-
ell else only of said right or privilege
BY 70 ..a Of .as: a:
terms and conditions as in its 1udg-
ment the public conysniencs and nscsst
ity desires to exercise a right or privi
lege under a franchise or permit which
os as sss b:se but so sash
public utility may apply to the COM
mission n, for or an order preliminary to the
sion may theroupon make an order d.
claring that 1t will thereafter. upon
IT may 'usa as. ..S. sna :s.
and conditions. as Il may dssiEnats, AZ
franchise or permit. Upon
the presentation to the commission Of
or ss Il that :gss
by such public utility. the commission
shall thereupon issue such certificate.
each one thousand dollars OF capital to
venience and necessity @ cert,sicots. Se con
Section SO. (a) No railroad corpora
t ton. street railroad corporation. pipe
trical corporation. telephone corpora
ton. telegraph corporation. water cor.
of this act. shall henesforth
sell: lease; assign. mortgage or other
wise sn dispose Sr % Of Or snEumSsf the whois
road. line. plant or system. necessary
or useful In the performance of its du.
nermit any right Hereunder. or by
any means whatsoever, direct or indi-
rect. merge or coonsolidsts its railroad.
with any other public utility.
an order authorizing I It 10
to do. Every such SALE lease. assign
sns nranc. %o..Sar: dioDostion sneu%
other than in accordance with the or
der of th: commission authorlsinE the
and approval Of the commission to the
exercise Of franchise or permit under
sa. sss. a. Of ths o.
or other disposition or sncumbrancs or
a franchise or permit under thls>seo-
or validate any, lapsed or invalid fran
chiss or permit or to- enlarge or add to
the Grant Of q any fr.ncni.s or PERMIT IL
or 70 waive any forfeiture. Nothins
In this subsection contained shah be
other disposition by any public utility
Of class designated In this subsec-
or useful In the performances OF its du.
ties to the public and anv sale Of ita
property by such public utility shall
CT property which Is not useful or nso-
essary In the performance Of It's du.
such nI propsrsy In 70 sooS fsss ieI
value.
tbl No public utility shall hereafter
purchase or acquire. take OF hold. any
public utility. Operating under ana BY
virtue of the laws Of this, State. with
out having been first authorized to
do SO by the commission. Every as
signment. transfer. contract or agree
ment Tor assignment or transfer or
or corporation to any corporation. or
otherwise. in violation of any of the
provisions of this section shall be void
and or no effect. and n0 such transfer
shall be made on the books of any
public utility. Nothing herein con-
tained shall be construed to prevent the
holding of stock herstofors lawfully
acquired
Section 81. (a) Tho power of public
utilities to issue stocks and stock GER
and bonds, notes and other
evidences OF indebtedness. and to ere.
ate liens on thsip property situated
within this State is a special privilege
the right of suparvision. regulation. ro.
strIctIOn and control of which In and