746 CORPORATIONS. [ART. 23

Have full and plenary power to value the plant, property, appurten-
ances, assets and franchises of such corporations.

Have power, in its discretion, to prescribe uniform methods of keep-
ing accounts, records and books, to be observed by the persons, gas
corporations and electrical corporations engaged in the manufacture,
sale and distribution of gas and electricity for light, heat or power.

Examine all persons and corporations under its supervision, keep
informed as to the methods employed by them in the transaction of
their business and see that their property is maintained and operated
for the security and accommodation of the public and in compliance
with the provisions of the law and of their franchises and charters.

Require every person and corporation under its supervision to submit
to it an annual report, verified by the oath of the president, treasurer
or general manager thereof, showing in detail: (1) The amount of its
authorized capital stock and the amount thereof issued and outstanding;
(2) the amount of its authorized bonded indebtedness and the amount
of its bonds and other forms of evidence of indebtedness issued and
outstanding; (3) its receipts and expenditures during the preceding
year; (4) the amount paid as dividends upon its stock and as interest
upon its bonds; (5) the names and amounts paid as salary to each
officer, and amounts paid as wages to its employees; (6) the location of
its plant or plants and system, with a full description of its property
and franchises, stating in detail how each franchise stated to be owned
was acquired; and (7) such other facts pertaining to the operating
and maintenance of the plant and system and the affairs of such persons
or corporation as may be required by the commission. Such reports
shall be in the form, cover the period and be submitted at the time
prescribed by the commission. The commission may, from time to time,
make changes and additions in such forms, giving to the persons, corpo-
rations and municipalities six months' notice before the time fixed
by the commission as the expiration of the fiscal year of any changes
or additions which would require any alteration in the method or
form of keeping their accounts for the ensuing year. When such
report is defective or believed to be erroneous the commission shall
notify the person, corporation making such report to amend the same
within thirty days. Any such person or corporation which shall neglect
to make any such report within the time specified by the commission,
or which shall fail to correct any such report within thirty days after
notice, shall be liable to a penalty of one hundred dollars, and an addi-
tional penalty of one hundred dollars for each day after the prescribed
time for which it shall neglect to file or correct the same, to be sued
for in the name of the State of Maryland. The amount recovered in
any such action shall be paid to the State treasury, one-fourth thereof,
however, to be paid to the mayor and city council of Baltimore. The
commission may extend the time therein limited for cause shown.

Have power, either through its members or inspectors or employees,
duly authorized by it, to enter in or upon and to inspect the property.