Gunnison news-champion., 1914-10-30

ss ss.s: . -, go. ss.:ssS = M=3 ~!
.ss s..ss-s:.ss ,,s s-.s:':.ss s,s .sss -
SSaGr osasss5sssa ~ esy sssa.e ssnrs
q 3 sinas s-ss<n~sss " sse ssisns-
ss = s.ss 2 sss q ne o. sarasass q - 9.
SzssGss IS saah ss.ssl. ssss.sy eaeA
q s<ss.ry .ssss = NOD a.sts, . .ss-
- = .. s..i.e. = = sa. s.ssA~as
81 - sreS>rJ " se"s 49, -
sS - sass.e sssss, sA.n ess.ss,s-
sssssa .sss.5s .s. 80 ,sss S z - -. 49, s.s
s.rsse q - sAss - sAss s.A.s. .'ss
sss e. s1ss~ s..s ssma - Sec s"'i ss..s . =
s4gaassaf trsno<sr. oontrsce es egreo-
$3.50 e sss.ssSssns s & - ssssr =
sss:s 1890 = Ne $500 s.sssss = .ssa !. ~
:Ss :cs - s' - !: :-s sAs sss. sss -
ss..sa s sSsii : essssssss 20 sssssas -
ss,a,as 8 ssssA ssssssssss s>"ssiis
s~ation o. to) rAe osssr = psssss
wsssstsss 10 ,.ssss oeochs es1 G1euk csr
.s.ssna~s ss iadsStsansss ssd 70 cro-
sts lssns on thsir Urcperty sstuoes9
usshsn thie state 70 . oUecsal ork~fhnUA
sss,ssss sss sss' Sai g ss' ssssess q skiss sss
sd each po.sr sAen = eAs6ci.sd e
Ana ressl.i.eaS e the ssDssassss -
sbJ a psssie staitv ~ay tss.e stscks
and other evidences OF indebtedness
nav able 81 periods Of more than tUelse
naonths after the date thsrsof Tor the
III ..rk
namely for the ACQUISITION - sscA
prcpsrty as V Necessarily for the prop
er ccnduct Of ITS business. er FOR the
construction. completion. eHtoQDion or
Improvement VI its facilities. 1r for
the Improvement cr Inaintenanco OF ~
service. or for the dischares Or he
ful refundins of its obliG atioqs or for
the reimbursement Of moneys ,sosuaiiy
enponded from income or erem oAe
e,eS, es,e %ensys s,, M, ~ The cs sT:esIy Of q.
ta.nsd from the issus cf atccks Or
stock certificates. or bonds ~notes o.
Sns5 euse ssss ssss s~. ssass % sss
prior to the filing OF sn s-pltcation
with the commission fes ~ rseuirs1
no ssid paroo.s. 1 sss.ps any S.i".s"snss 10 "s ' q
service and repiacenents In casao
where the applicant shaH have keDt
penditurss In such manner - 20 60
able the commission to ascertaia tks
amount of moneys so enps nded end tAe
were made; provided. that such pub
lie utility. In addition 10 the other re-
auirsmsnts Of Law. shall fret have -
amount thereof and ~ ssrpsSs =
purposes TO which the issue or sAe
that. in the opinion Of tks seaaiaslea.
tss nscuned enes 3. sy Or ..HS ss' ss.
fsssonsbiy req1ired To- tie SsrSsss
or purposes opecified In the 0e1or o0a
that. except - othsrW Ice DorQittod u
ss' oSs sss: s: :-': q ss:s s:s:s
whole or in part, reasonably charge
so%. ss 70 fS frs',sa .n.s. 'le'n:s' .,ss.s:. Z. s Ne
whether II will issus ssch order the
commission shall hold q hearia0 end
Investigation. and examine such wN-
esses. books. papers. documents aNa
contracts and require the filIso q
ssos rs. eonm,s.issn .s 1:sr ne, = = sss's: sss =.
81 orent psraission for the t.sse q
s:n. '.Sss "...: .,s:1 s,Ssk .s;ssnss. =
CT in lssser smoSst. Or net 81 81. sSl
4 nsS 49, ssssssS ~ .srSs
ine eommlseioa nav sssAeriss $500
Indebtedness. leo than. eSuivoIo1 =
or greater than the autASslssl q O~N. 4.
:eriSsd e.pitsl stock % 5 psSls sd:
the ststutes Of this state. u 3 fsr =
ea:.,sn sns sens,'n sy
issa Or subseriSeS capissi cescS SSsn
,Ssls nj ep'Sition ssi.% .S ~s!,f sssass;ss
issue Of any stsok or stock csrtiHcssS.
S.bteHr:ss 10 or :, .,s 0,nsr nsr, ,Ssnes - ~
ssscifisd in the oommlssion's er6sr. =
n,..p 70 any purposs speeified In the ee4-
amount authorized for such purpess.
or issus or dispose Of the same on any
fled in such order. or : modif,cstion
thereof A public utility may issus
notss ,,s1 Tor proper puresese spA nst Ie
.. any other act. payable Il sssssSs
n: date Of i.su.nc. sf the s :s~s' siss. %
but NO sueh note .Sali in SSsIs o. 4
siSsh. sasa ., stsst e:l,ifissss.., Ss Ss q
o. any other svid.ncs os indebt:a nee.
wlthout with tn. co.ssnt q the eommis-
sS. power no 10 .!s,sn,, ssslie utility :s.Il h4Ss
:s:: .::: 49,, :,.s:..:.
out the consent Of the cemm,S.tos
The commission shan have ne SevSr
TO authorizs the eapitalisation q tHs
rieht TO be a corporation. or TO an
tnoriss the capitalization Of ans fran
chise or permit whatsoever or the
reht TO own. operate or enjoy cay
such franchise OF permit In enoooe "a
the amount teHclusive of any tan Or
annual ehargs) actually paid to the
state or TO political subdivioiON
thereof as the consideration fer the
right.
tc) The commission shall have ~
power TO require public utilities 10 -
count FOR the disposition of the pro-
ceeds OF all salso of stock and stoeh
csrtlficates. and bonds. notso ana oth-
er evidences OF indebts cd nsso in such
form ana detail a. II may AoNm al
ylsaole. and to establish sseA rsiss
ana regulations as II NAV Aoo0 r0a :
sonable and necsssary to Insure the
disposition OF such proceeds for the
order.
adl Al stock and every eteck esy-
lltieste and every bond. aots or 9th
er evidence OF indebted ness OF a pub-
nc utility. issued without an order OF
tne commission authorizing the sa1s
then IN effect shall be void ana liko-
wise all stock and eyary atork c>rttS