The Arvada enterprise. (Arvada, Colo.) 1908-1970, 1918-01-03

roads, 8 III director may perform S0s
duties imposed upon him so long and
to such extent az he shall determine,
through the board of directors. receiv
ers, officers and employ 9s of said sys-
TENS Of transportation. Until and ex.
cept so far as said director shall.
from time to time by general or spe-
cial orders otherwise provide. the
boards OF directors. receivers. officers
and employees Of the various transpor.
tation systems shall continue the op
Grafton thereof In the usual and ordin
airy course OF business Of common car
riers. In the names Of their respective
companies.
Until and except 80 far as said d.
rectors shall from time to time other
wise by general or special orders de-
termine. such systems of Transports
ton shall remain subject to all exist
Ing statutes and orders OF the Inter
state Commerce Commission, and to
all statutes and orders Of regulating
commissions OF the various states In
which said systems or any part there
of may be situated But any orders
general or special. hereafter made by
said director. shall have paramount au-
thority and be obeyed as such.
Does Not Affect Tramways.
Nothing herein shall be construed
as now affecting the possession. Op-
GRAFTON and control Of street electric
passenger railways. including rail.
ways commonly called interurbans,
whether such railways be or be not
owned or controlled by such railroad
companies or systems. BY subsequent
order and proclamation. IL and when
1t shall be found necessary or desir-
able. possession. control or operation
may be taken Of all or any part of
such street railway systems. including
subways and tunnels, and by subse
Quent order and proclamation, posses
sion. control and operation In whole
or In part may also be relnQuished
to the owners thereof Of any part of
the railroad systems or rail and>water
systems. possession and control OF
which are hereby assumed.
The director shall as soon az may
be after having assumed such posses
sion and control enter upon negotia
tiOns with the several companies
looking to agreements for Just and
reasonable compensation for the pos
session, use and control Of their re-
spective properties on the basis OF
an annual guaranteed compensation.
above accruing depreciation and the
maintenance Of their properties.
equivalent as nearly as may be. to
the average Of the net operating In.
come thereof for the Nree-ycar period
ending June 30, 19l7-the results OF
such negotiations to be reported to
me for such action a. may be appro.
pirate and LAWFUL.
Not to Impair Rights.
But nothing herein contained, ex.
pressed or implied, or hereafter Cone
or suffered hereunder. shall be
deemed In any way to impair the
rights OF the Stockholders, bondhold.
ers. creditors and other persons hav.
Ing interests In said systems OF trans.
portatiOn or In the profits thereof, to
receive just and adequate compensa.
lions for the use and control and Cd.
GRAFTON Of their property hereby as.
sumed.
| Regular dividends hitherto declared
and maturing interest upon bonds, de
bentures and other obligations, may
be paid In due course; and such regu
lar dividends and interest may con
tinuc to be paid until and unless the
said director shall from time TO time
Otherwise by general or special orders
determine: anu subject to the APPROX
al OF the director. the various carriers
may agree upon and arrange for the
| renewal and extension of maturing Cd
legations.
Except with the prior written ~.
sent Of said director. no attachment
by mesne process or on execution
shall be levied on or against any Of
the property used by any Of the said
transportation systems In the conduct
OF their business ms common carriers:
but suits may be brought BY and
against said carriers and Judgments
rendered ~ hitherto until and except
80 far ~ said director may. by gen.
eral or special orders. otherwise do.
termine.
From and after IL O'Clock on said
2Sth day Of December. 1917, all trans.
pOrtati0n systems included In this or
der and proclamation shall conclusive
ly be deemed within the possession
and control OF said director without
further act or notice. But for the puf.
pose Of accounting said possession and
control shall date from ~ o'clock mid.
night on Dec. 81, 1917.
In Witness whereof I have hereunto
set my hand and caused the seal Of
the United States 10 BE- affixed.
Done BY the President, through
Newton ID. Baker. secretary Of wsr. In
tho District Of Columbia. this 10th DAY
Of December. In the year Of Our Lord
one thousand nine hundred and seven.
teen. and OF tho Independence n tho
United States tho one hundred and
forty.second.
WOODROW WILSON.
NEWTON ID. BAKER.
Secretary Of War.
Higher priess Allowed Coal Men.
WashinGtOn.-WSr demands for bi.
luminous conf have been greater than