The Coconino sun., 1916-11-10
ARIZONA CORPORATION
COMMISSION DOINGS

articles of incorporation with the
Commission for the week just closed.
OF these, twenty were mining COM
panies, principally new copper COM
panies, whose plans contemplate
opening up copper properties in diff
ferent parts of the state.
Ten Investment company permits
were issued to domestic companies,
granting them authority to sell stock
in the state.
In connection with the operation of
the Investment Company Laws, the
Commission found it necessary to
take criminal action against three
companies operating in the Jerome
district, for selling stock without a
permit.
Quite recently number Of compa-
nies have assumed to inaugurate a
rather extensive advertising stock
selling campaign, offering what they
termed reorganization stock" Such
stock was sold prior to the incorpora-
ton of the companies and before any
application had been made for a per-
init, much less any authority being
granted. 1t is obvious that the prac-
tice is unlawful and if permitted to
continue would nullify the investment
company laws.
The County Attorney Of Yavapai
county was very prompt and vigorous,
aresting these complained Of, who ap-
peared in the Justice Court in Pres
colt, waived preliminary examina-
ton, plead guilty in the Superior
Court. Each one was assessed $4,000
which was paid.
The Commission has issued a num-
Der of orders during the past week.
Application of the Board of Supervi-
sors of Mohave county for railroad
crossing over the tracks of the Santa
Fe at Topock was granted.
An order was issued, regulating the
automobile stage service from points
on the Colorado River to 0atman and
from Kingman to Oatman. The Com
mission stated, in its opinion, that a
number of accidents had happened,
the result of the operation of cars by
immature and inexperienced drivers,
or because of defective equipment and
carelessness. The practice of freight
motor vehicles carrying passengers
was condemned. 1t appears that
great deal of the heavy freight traf
fic moving between Kingman and Oat-
man is handled by motor trucks, the
drivers of which would haul passen-
gers at rates of SOC, $1.00 or $500
per passenger, or whatever they
might be able to get One truck with
three passengers overturned on the
mountain road and at another time
one of the trucks, carrying two pas
sengers, was struck by a Santa Fe
train at grade crossing
The Commission found that a rate
of $4.00 between the Colorado River
crossing at Needles and also from
Kingman to 0atman was a reasonable
rate. Heretofore transient owners Of
cars have entered into this field, when
traffic was heavy and conditions were
attractive, bringing in cars from Cali
fornia and operating at any rate to
suit their pleasure. These cars had
no Arizona State license and.assumed
no responsibility of giving regular
service at all seasons of the year,
during good and bad weather, and
during quiet and busy periods.
The Commissions order will re-
quire all operators to file their sched-
ule of rates and charges, as required
by law governing common carriers,
and also to file bonds.
Another automobile order issued
was that relating to traffic between
Miami and Globe. An enormous traf-
fc has developed between these two
points and is CARRIED almost wholly
by motor vehicles. In the past there
has not been much stability in rates
or regularity of service. The Com
missions order requires the filing OF
bonds and the assumption of respons'
ibilty and the observance of rules cal
culated to protect the lives and pro-
perty of the public and to insure safe,
suitable and satisfactory service.
The application of the Walapai
Light and Power Company for GER
tificate of Convenience and Necessity,
to operate an electric plant at Chlo-
ride was denied by order issued Octo-
ber 28th.
The Desert Power and Water Com
pany secured franchise from Mo-
have county number Of years ago
for the purpose of constructing and
operating public utilities, among